Here’s how AOL’s returning $1.1B to shareholders after patent sale to Microsoft
AOL revealed exactly how it would be paying back $1.1 billion to shareholders following Microsoft's patent purchase.
AOL revealed exactly how it would be paying back $1.1 billion to shareholders following Microsoft's patent purchase.
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 …
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 …
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 …
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 …
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 …
AOL is planning to launch a new streaming video network branded under its Huffington Post web news site, the company announced Thursday.
The new network will feature live streaming video content 12 hours a day during the week from 9 …
Step back for a moment and think about what AOL paid for TechCrunch and The Huffington Post last year. Somewhere in the realm of $350 million dollars. Today Sarah Lacy, formerly one of the top writers at TechCrunch, debuted her …
One of AOL’s largest shareholders, Starboard Value LP, has warned Chief Executive Tim Armstrong that his strategy of transforming the company into a media powerhouse isn’t working.
Over the past few years, AOL has attempted to shift away from its …
AOL is reporting a six-percent drop in overall revenue for the third quarter of 2011 due to poor performance of its dial-up internet business, according to the company’s Q3 earnings report.
After years of turmoil caused by failed mergers with …
AOL CEO Tim Armstrong has been pitching top AOL shareholders on a Yahoo acquisition, telling them the combined companies could save between $1 billion and $1.5 billion.
The saving would be a result of removing duplications in overhead, such as …
Editor's Pick
A lot has changed since I first made it to Silicon Valley a little more than a year ago.
But one thing has remained constant: the ruthless competition for discovering and reporting the best news stories. Among those competitors is …
Michael Arrington, founder of technology blog TechCrunch and known for his fiery personality and zero tolerance for corporate authority, has “decided” to move on from the San Francisco-based tech news publication.
“It’s no longer a good situation for me to …
Aol and Yahoo have had their most embarrassing moments this week under the media spotlight. So it’s only natural that the two companies are rumored to be talking about a merger.
Bloomberg reported Aol chief executive Officer Tim Armstrong is …
TechCrunch founder Mike Arrington struck a furious note today in favor of what he called “editorial independence,” but failed to answer the real question about how cozy TechCrunch is with his own investments.
However, he did put a price on …
Guest Post
Aol released its earnings today a week after Time Warner, its former dot-com merger partner, announced earnings. The two businesses, once considered completely disparate and deemed one of the worst corporate mergers of all time, are now increasingly complementary as …