Shares of AOL hit 52-week high following strong earnings [with chart]
Shares of AOL briefly reached a 52-week high early Wednesday after the company announced it swung to a quarterly profit thanks to a 6 percent jump in ad revenue and a one-time gain on the sale of its...
View ArticleAOL announces $600m stock buyback, special dividend
Shares of AOL rose nearly 3 percent by midday Monday after the company announced plans to repurchase $600 million in stock and pay a cash dividend of $5.15 a share.
View ArticleAOL names board member Dykstra to CFO
AOL has appointed board member Karen Dykstra as chief financial officer, filling the position left vacant when Artie Minson was promoted to chief operating officer in June.
View ArticleNative mobile apps extend AOL On Network’s reach
The AOL On Network today became available on mobile apps, which are native for Android and Apple’s iOS. This adds tablets and smartphones to AOL On Network’s availability on desktop web and connected...
View ArticleAOL’s Advertising.com acquires behavioral targeting firm Buysight
AOL's Advertising.com has acquired Buysight, a developer of technology that uses online behavioral data to connect consumers and advertisers in real-time.
View ArticleAOL Acquires gdgt Consumer Electronics Reviews Site
gdgt, the consumer electronics review site, said on Wednesday it has been acquired by AOL. Financial terms of the deal were not disclosed. .
View ArticleAOL Names Susan Lyne as CEO of its Brand Group
AOL on Thursday named Susan Lyne as the CEO of its Brand Group, a group that includes some of the Internet's best brands. Lyne, whose responsibilities won't include AOL's Huffington Post Media Group,...
View ArticleTastemakerX Raises $1.25 M, Announces New Features
TastemakerX, the social game for music discovery, today introduced a new user experience that spotlights members' music tastes evolving toward a new 'Collections' motif, and delivers a new listening...
View ArticleWSJ: Yahoo Recruiting Departing AOL Ad Executive
The Wall Street Journal reports that Yahoo Inc. is expected to hire Ned Brody, who was AOL's number one advertising-sales exec until he resigned recently.
View ArticleSlash Gear: Yahoo Names Former AOL Exec as New Global Public Privacy Head
Slash Gear reports that Yahoo has just named Tekedra N. Mawakana as its Deputy General Counsel and Vice President of Global Public Policy. Mawakana was previously the Senior VP of Public Policy and...
View ArticleMashable: AOL Music Closing
Mashable reports that AOL employees revealed Friday on Twitter that news website AOL Music and properties associated with it will close and employees in the division will be immediately laid off. AOL...
View ArticleWashington Post: NSA and FBI Gain Direct Access from 9 Leading Internet...
The Washington Post reports that the National Security Agency (NSA) and the Federal Bureau of Investigation (FBI) are tapping straight into the central servers of nine top U.S. Internet companies,...
View ArticleAOL to Acquire Adap.tv for $405 Million
Continuing its push into the online video space, AOL said on Wednesday it will pay $405 million to acquire Silicon Valley-based Adap.tv, developer of a programmatic video ad platform for brands,...
View ArticleAOL Mulling Options on Patch; Could Shed a Third of Sites
AOL could shed one-third of its financially struggling Patch hyperlocal news sites, CEO Tim Armstrong said. In a conference call on Wednesday, Armstrong told analysts that roughly 300 of the company's...
View ArticleAOL to Cut Nearly Half of Patch Workforce, Close Some Sites
AOL on Friday announced plans to significantly downsize its Patch local news business, cutting nearly half of its approximately 1,000 employees and either closing or consolidating about 20% of its...
View ArticleAOL, Microsoft and Yahoo to Automate Process of Premium Ad Buying
Hoping to steer more advertising dollars online, partners AOL, Microsoft and Yahoo on Tuesday announced plans to automate the sale of premium digital ads. The three companies, who have partnered...
View ArticleAOL Plans to Build New Subscription Based Business Called Gathr
TechCrunch reports that AOL is trying to build a new subscription based service called Gathr, which will move the company from its original business model of providing dial-up Internet service. “It’s...
View ArticleAOL, ESPN Sign Premium Video Agreement
AOL Inc. and media giant ESPN announced on Wednesday that they have reached a partnership agreement for premium video. Under the deal, ESPN will provide AOL with ESPN-branded news, highlights and...
View ArticleTech Giants Urge World Leaders to Reform Government Surveillance
Eight of the largest technology giants are calling for the world's governments to reform their Internet surveillance practices, with the goal of limiting their authority to collect user data,...
View ArticleAOL Sells Winamp and Shoutcast Music Services to Radionomy
Techcrunch reports that AOL is selling Winamp and Shoutcast to Radionomy, an international aggregator of online radio stations headquartered in Brussels, Belgium. Radionomy owns 6,000 stations in its...
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