AOL – News Stories About AOL - Page 5

Nov 7, 2007 4:15 PM CST

AOL to Buy Online Ad Outfit Quigo

It's the last big acquisition in new restructuring plan

(Newser) - AOL will purchase online advertiser Quigo, its final acquisition on a major restructuring agenda. The Time Warner unit has had poor ad growth recently—13% this past quarter, down from 40% percent levels—and is seen as trying to stay competitive with Google and Yahoo. The purchase, reportedly valued at...

AOL Drags Time Warner Income Down 53%

Nov 7, 2007 11:47 AM CST

AOL Drags Time Warner Income Down 53%

Merger continues to be cautionary tale

(Newser) - Time Warner’s net income tumbled to $1.09 billion this quarter, compared to $2.32 billion a year earlier, thanks to a deeply underperforming AOL division, the Wall Street Journal reports. AOL last year dropped Internet-access fees, and with them 38% of its revenue, to focus on advertising. But...

NJ Spammer Draws 2 Years in Slammer

Nov 3, 2007 9:00 AM CDT

NJ Spammer Draws 2 Years in Slammer

His email scam targeted 1.2M AOL subscribers

(Newser) - Todd Moeller, the 28-year-old New Jersey man who sent spam e-mails to 1.27 million America Online accounts, was sentenced yesterday in federal court to 27 months in prison. Moeller and a friend were nabbed after making a deal with a government informant to send the emails in August 2005;...

Newcomers Battle for Mobile Search Industry

Oct 26, 2007 5:19 PM CDT

Newcomers Battle for Mobile Search Industry

Carriers hope to lure customers away from Google, Yahoo

(Newser) - Google and Yahoo would love part of the growing mobile search business, but phone carriers aren’t eager to have them. Carriers don’t want to be “the dumb pipe that the ISPs became,” one analyst explained. Instead they’re turning to startups like JumpTap and Medio, who...

Parsons Set
to Leave
Time Warner

Oct 26, 2007 2:55 PM CDT

Parsons Set to Leave Time Warner

Media giant denies report; current No. 2 likely successor

(Newser) - Time Warner CEO Richard Parsons is about to announce his departure, sources tell the Times of London, and will hand the reins to current second banana Jeff Bewkes. In his 5-year-plus tenure, Parsons held together the media behemoth after the much-ballyhooed AOL merger went south. Bewkes is expected to shake...

MySpace to Partner With Skype

Oct 17, 2007 7:30 AM CDT

MySpace to Partner With Skype

Deal will offer MySpace users free online phone calls

(Newser) - Online juggernauts MySpace and Skype will team to connect users of the social networking website to the free online phone call service starting in November. Skype's CEO called the move "an obvious fit," while the New York Times notes the potential crossover—MySpace claims 110 million mostly US-based...

Struggling AOL to Take 2,000 Jobs Offline

Oct 15, 2007 1:22 PM CDT

Struggling AOL to Take 2,000 Jobs Offline

Subscriber losses prompt Time Warner to trim workforce 20 percent

(Newser) - Internet icon AOL will pink slip 2,000 workers tomorrow—1,200 from the US—as the once-dominant service provider tries to re-energize its business. In August corporate parent Time-Warner announced that AOL had lost 1.1 million paying subscribers, and reported second-quarter sales of $1.3 billion, a 38%...

Security Firm: AIM Is Fatally Flawed

Sep 26, 2007 6:10 AM CDT

Security Firm: AIM Is Fatally Flawed

AOL instant messenger software vulnerable to worm attack

(Newser) - Hackers could exploit a glitch in AOL's instant messaging program and take control of users' computers , a security firm reports. Core Security discovered that the way AIM uses HTML code provides a loophole for hijacking PCs, via a web link that implants a self-copying worm. AOL says it has solved...

AOL Packs for Move to NY

Sep 17, 2007 3:11 PM CDT

AOL Packs for Move to NY

The company employs 4,000 people in northern Virginia

(Newser) - AOL headquarters will move from Dulles, Va., to New York, improving access to the ad industry that's crucial to its evolving business strategy. Execs say AOL's 4,000 employees in the DC suburb won't lose their jobs, but locals are worried. "This is a loss and there is no...

MSFT Grabs AQNT for $6B

Aug 13, 2007 3:30 PM CDT

MSFT Grabs AQNT for $6B

(Newser) - Microsoft completed the largest buyout in its history today, snatching up online advertising firm aQuantive for $6B. Microsoft closed the deal on Friday and will dole out $66.50 in cash for each share of the Seattle-based company, which will de-list from the Nasdaq after nearly doubling in value after...

Suit Forces AOL to Let Users Log Off

Jul 12, 2007 3:00 PM CDT

Suit Forces AOL to Let Users Log Off

Struggling provider pays $3 mil, reforms cancellation procedure

(Newser) - AOL paid a $3 million settlement to frustrated users ensnared by Byzantine cancellation procedures, and made it easier to cancel accounts, in a bid to avoid wider litigation yesterday. Customers attempting to ditch the service had met unending conversations with reps who were allegedly paid bonuses of up to $3,...

Big Guns Battle Video Sharing With Free TV Shows

Mar 23, 2007 9:14 AM CDT

Big Guns Battle Video Sharing With Free TV Shows

Copyright-protected content will be available for free online in new NBC-News Corp. partnernship

(Newser) - TV biggies NBC Universal and News Corp. are teaming up to hit YouTube with the full force of their their combined TV content, offered online for free. Starting this summer, AOL, Yahoo, Microsoft's MSN and News Corp. subsidiary MySpace will hope to win over internet users (and the advertising that...