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Time Warner Reclaims Google’s Stake In AOL
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Google may be great at search, advertising, and a lot of other things, but its investment strategies could apparently use some work.  Time Warner has bought back Google’s five percent stake in AOL – for which the search giant paid $1 billion in 2003 – for a mere $283 million.

AOL’s Recent CEO Passes Through 100th Day

As a culture, we love to try to determine how successful someone will be in a huge job based on the first 100 days. We do it regularly with the President of the US and now there is the same examination occurring with Tim Armstrong, the recently minted CEO of AOL. Much like our struggling economy AOL needs some real help and Armstrong was brought in to get the once high-flying Internet giant back among the ranks of the heavyweights.

Apollo 11 Takes to the Virtual Skies
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Just as it did 40 years ago, at 9:32 AM ET this morning, Saturn V launched into the virtual skies, its destination… the Moon and history books everywhere.

Apollo 11 launch

Where were you when Neil Armstrong stepped foot on the Moon? Tell us.

AOL Names Bebo VP Head Of European Sales

AOL has named Kate Burns as head of its European Sales division where she will be in charge of ad sales on AOL’s properties.

Burns was previously Vice President and Managing Director, Europe, of AOL’s social media company, Bebo. In her new role, Burns will report directly to AOL Global Advertising and Strategy President Jeff Levick.

Bing/Google Overlap Steady After launch
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WebProNews received some interesting data from Compete, looking at how searchers are using Bing, with regards to how this use overlaps with the use of other search engines.

The Web Feels The Impact of Michael Jackson’s Death
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Who is the most famous person in the world? A simple question with thousands of possible answers.

Some might say the Pope while others might say President Obama. It’s total speculation; an argument can be made for just about any well-known person.

AOL’s Truveo Video Search Gets a Makeover

AOL’s Truveo, which touts itself as the 2nd largest video search engine both in the US and worldwide, has relaunched its site for 17 countries. The company says the update makes it easier than ever to find video on the web.

AP Has Some Ideas For Making Money Online
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The Associated Press (AP) is saying it hopes to negotiate more lucrative licensing deals with major web sites. Reporting for the AP itself, Michale Liedtke says that AP CEO Tom Curley discussed possible revenue initiatives to protect online content.

AP logo

Here are some key facts from the Liedtke’s piece: 

Do You Respect DMOZ After 11 Years?
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DMOZ has now officially been around for 11 years. AOL is honoring this birthday with a blog post on the AOL Search Blog. It says:

From its humble beginnings 11 years ago, DMOZ has grown to be the largest human-edited directory on the Web. Today, on the websites anniversary, we take a look at DMOZ’s influence on the web.

AOL Buys Two Local Online Media Companies
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AOL has acquired two local online media companies Patch Media Corp. and Going Inc. in an effort to further build on its current local network.

Patch is a local news platform focused on smaller towns and Going is a local platform for people to find and share information about things to do in a number of cites.

Execs Mulling Subscription Model For Hulu
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Jonathan Miller, the new chief digital officer for News Corp., wants to see Hulu become a pay site. In fact, Miller thinks Web companies are going to have to find a way to charge for what they used to give away for free.

AOL Spin-Off Gets Approval

Not so much a revelation, but more of tying-up a loose end. As expected, Time Warner’s board of directors have approved the spin-off of AOL–sans the dial-up division.

Time Warner Plans For AOL Spinoff
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Time Warner said Thursday that its board is moving ahead with plans to separate its AOL division and make it an independent, publicly traded company.

"We believe that a separation will be the best outcome for both Time Warner and AOL," said Jeff Bewkes, Time Warner Chairman and Chief Executive Officer.

Does Dmoz Still Have a Place in Search?
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Dmoz.org, also known as the Open Directory Project, is widely considered to be the mother of all directories. Well, that was the case at one time, anyway. Dmoz has dropped significantly in popularity over the years, and is the subject of much criticism by webmasters looking for inclusion. What do you think about Dmoz these days? Is it still valuable? Tell us what you think.

AOL Launches Search Toolbar
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AOL has released a new search Toolbar for Firefox, Internet Explorer and Flock. It requires Windows Vista or XP or Mac OS X. You can get an idea of what it looks like from the image below.

AOL Search Toolbar

The AOL Search Toolbar allows users to: 

AOL Launches Site Focused On Famous Landmarks
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AOL has launched a new site focused on the location of famous pop culture landmarks from music, film and television.

Where It’s At, features photos and background stories on why the landmarks are famous. The site is powered by MapQuest and allows users to submit landmarks that are not already included on the map.

AOL Names Google Exec To Head Advertising

AOL has announced that it has hired former Google executive Jeff Levick as President of global advertising and strategy.

AOL to Buy Back Google Stake, Break Away from Time Warner?
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Tim ArmstrongAOL is reportedly buying back a 5% stake owned by Google, and it has a new CEO in Tim Armstrong, formerly of Google. A spinoff from Time Warner is also anticipated.

Compete Looks at Ad Performance from AOL Homepage
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Last week, Compete shared some interesting data looking at homepage visitors at the top publisher sites, and compared them to visitors to the entire domain.

AOL Launches Socialthing
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AOL has introduced Socialthing a new platform that connects social networks with other Web sites.

When adding Socialthing to a Web site a basic navigation bar appears at the bottom of the page. Visitors to a Socialthing-enabled Web site get a unified sign-on allowing them to chat and send instant messages to others. They can also syndicate content from other social networks including AOL’s Bebo, Twitter, Facebook and MySpace.

AOL Launches Old-School Political Site
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AOL’s MediaGlow has launched a new political news and blog site called PoliticsDaily.com.

PoliticsDaily.com features a mix of political views and will focus on in-depth political analysis instead of breaking news. AOL says as more people go online for political news and information that its new site will offer information across the political spectrum.