Brad Garlinghouse, President of the Applications and Commerce Group and head of AOL’s Silicon Valley operations is leaving the beleaguered online service, AOL according to multiple sources. Garlinghouse is well known in Silicon Valley as the author of the Yahoo Peanut Butter Manifesto. Read More »
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AOL has said it remains committed to rolling out its Patch.com network of a thousand hyperlocal news outlets across the U.S., but reports about cost-cutting efforts raise the question of how long the troubled former web giant can maintain that commitment to its money-losing hyperlocal project. Read More »
After releasing its earnings for the latest quarter, AOL’s stock fell by as much as 30 percent at one point on Tuesday. Why? Because while it showed some revenue growth, the company said the turnaround investors have been waiting for is still a long way off. Read More »
AOL continues to pour money into its Patch.com “hyperlocal” news venture, and is also rolling out a Huffington Post-style aggregation effort called Local Voices aimed at pulling in local bloggers. But can any of this help AOL dig itself out of the financial hole it’s in? Read More »
AOL dropped a bombshell on the online media world late Sunday night with the news that it is acquiring popular blog network The Huffington Post for $315 million. Here’s a roundup of some of the other commentary on the announcement from the web and from Twitter. Read More »
AOL managed to beat analysts’ estimates for revenue and earnings for the latest quarter, thanks in part to some asset sales that boosted the bottom line. But the company’s advertising business continues to shrink rapidly, even as it’s spending hundreds of millions on acquisitions. Read More »
AOL is buying three companies — TechCrunch, 5Min, and Brizzly — for a rumored $100 million. AOL is trying to regain its preeminence in tech-land by focusing on building media brands and platforms that help other media, CEO TIm Armstrong tells us. Read More »
AOL said it has purchased the technology blogging site TechCrunch for an undisclosed amount, a story Om broke last night. While we don’t know yet how much AOL paid for the blog network founded by Michael Arrington, we’ll update this story as details emerge. Read More »
From the minute I heard that Time Warner bought Bebo for $850 million, I thought it was a bad idea which would hurt the company long term. At the very least, that money could now have been used to build a whole new AOL. Read More »
AOL is reportedly planning to expand its hyper-local journalism project, Patch.com, to hundreds of towns and cities over the next year. But can the Web giant fulfill CEO Tim Armstrong’s new-media vision when so many others have failed so completely in the past? Read More »
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