Earnings show AOL successfully putting the brakes on revenue decline

AOL showed signs of life in its Q2 2012 earnings report today, beating Wall Streets expectations and sending a clear signal that the company is doing well under CEO Tim Armstrong.

AOL reported revenue of $531 million for the quarter, …

Glam Media is now bigger than fading web portal AOL (scoop)

It may have taken a while, but the age of web portal dominance is finally starting to show visible signs of erosion.

For the first time, media and advertising startup Glam Media now has a higher global audience reach than …

AOL restructures again highlighting members, brands and ads

Six months after reorganizing, AOL has done it again. This time, the Internet, advertising and content company will split into three parts: AOL Membership, Brand Group and the Advertising.com Group.

“Brands are at the center of our company and we …

AOL closes $1B patent deal with Microsoft in effort to calm investors

In case you weren’t aware, patents are big money.

AOL and Microsoft have finally closed a deal that has Microsoft dishing out $1 billion in exchange for over 800 of AOL’s 1,100 patents. While roughly half of the patents are …

AOL shuttering resume site Emurse on July 15

Emurse, a company in the increasingly hot recruiting and job search industry, is being shuttered by AOL. AOL bought the online resume site in mid 2009, but has done effectively nothing with the service, and now as part of the …

AOL is an unsuccessful media company that overpays its executive team, activist investor says

Unlike Yahoo, AOL’s activist shareholders won’t be able to boot out the company’s CEO due to false information on a resume.

Instead, Starboard Value LP, which owns 5.3 percent of AOL, decided to create a 96-page presentation outlining all of …

AOL chief says TechCrunch and Engadget are not for sale

In response to recent rumors, AOL chief executive Tim Armstrong said his company has no plans to sell some of its largest tech news properties, including TechCrunch and Engadget.

Both properties were said to be part of a package of …

AOL revenue is showing signs of life, except where it counts

Continuing its trend of stemming the bleeding, AOL reported an increase in overall revenue in the first quarter 2012 to $529 million at 22 cents a share, which bests analysts estimates of $527 million at 7 cents per share.

Profits …

Arianna Huffington no longer in charge of all AOL content

Arianna Huffington is taking a step back from her role of directing all content across tech/media company AOL, reports the Wall Street Journal.

Huffington became Editor-In-Chief of all AOL media properties in February 2011 after her Huffington Post news site …

Local advertising startup Signpost grabs funding and a former AOL Patch employee

Local advertising startup Signpost grew its business a little bit Tuesday with a $3.75 million investment and a new employee. Christopher DePatria, former head of sales at AOL Patch, joined the team as the vice president of revenue.

Signpost tackles …

AOL starts building its own TV network with newly launched video site ‘AOL On’

We’ve known for a while now that AOL has aspirations of transforming its media empire into a fully fledged TV network built for the web. It announced a new live streaming video channel for the HuffingtonPost web publication back in …

Microsoft wanted to partner with Facebook on patent purchase all along, but AOL auction wouldn’t allow it

Microsoft announced today that it will be selling hundreds of patents to Facebook, a sign that it wants to protect its investment from litigation as the social network heads towards an IPO next month. But this wasn’t a sudden change …

Huffington Post brings home the blogosphere’s first ever Pulitzer

The Huffington Post has just made history as the first blog to ever win a Pulitzer Prize.

Only in the past two years have digital media outlets made the Pulitzer cut. ProPublica, an independent nonprofit journalism outfit that syndicates content …

Patch Editor-in-Chief leaving AOL

Patch editor-in-chief Brian Farnham announced today he is leaving the network of hyper-local news and its parent-company AOL. The news was revealed in an all-company call and Farnham let it all hang out on the Patch Blog.

“It turns out …

AOL sells most of its patents to Microsoft for $1B, goosing its stock price 43%

Update 2 p.m. Pacific: AOL stock closed up 43 percent for the day. News hit the wires this morning that AOL plans to sell 800 of its 1,100 patents to Microsoft for $1 billion in cash, money CEO Tim Armstrong …

Strength of AOL’s $1B patent porfolio lies in fundamental communication tech

AOL CEO Tim Armstrong’s claims of the company’s patent library being worth an estimated $1 billion might prove true, according to patent research firm Envision IP.

AOL has struggled over the past few years to transition itself from relying primarily …

IAC replaces Vimeo CEO with former AOL exec Kerry Trainor

IAC-owned video-sharing-site Vimeo has appointed former AOL and Yahoo executive Kerry Trainor to chief executive officer, the company announced Monday morning. Trainor will replace Dae Mellencamp, who will continue working at the company as President.

“Under Dae’s guidance, Vimeo has …

AOL acquires mobile photo-sharing app Hipster

AOL will try to add some cool to its mobile team with the just-announced acquisition of iOS and Android photo-sharing app Hipster.

Hipster was launched in 2011 and is probably best known as the startup that offered a year’s worth …