All Posts Tagged Tag: ‘AOL’

Internet Giants Team Up To Fight Malicious Ads

Google, Facebook, Twitter, and AOL have teamed up to launch TrustInAds.org to educate people about the dangers of ad scams. Here’s the official description: Founded by AOL, Facebook, Google and Twitter, TrustInAds.org comprises a group of Internet industry leaders that have come together to work toward a common goal: Protect people from malicious online advertisements and deceptive practices. With this …

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AOL Launches Programmatic Ad Platform ‘One’

AOL has rebranded AOL Networks to AOL Platforms, and announced the launch of One, a cross-screen programmatic ad platform, which combines the teams and technologies behind Adap.tv, AdLearn Open Platform (AOP) and MarketPlace, and lives under the AOL Platforms brand. Here’s the official description for One: ONE will be the first platform that empowers brands with a holistic view of …

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Moviefone To Be Disconnected In Favor Of App

For movie lovers in certain parts of the country, Moviefone has been an entertainment staple for the last 25 years. But with technology advancing rapidly as more and more people rely on smartphones for just about everything, calls to the automated service have declined to the point where it’s now a necessity for the company’s owners to move on just …

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AOL Earnings Released, Company Posts Strongest Quarter In 10 Years

AOL just released its Q4 earnings report, delivering its strongest revenue growth in a decade. Total revenue grew 13% year-over-year, mostly due to global ad revenue growth, which grew 23% itself. This includes 63% growth in third party network revenue and 7% growth in global display. Global search revenue decreased by 2%. CEO Tim Armstrong said, “2013 was AOL’s most …

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AOL Acquires Web Personalization Firm Gravity

AOL announced that it has entered into an agreement to acquire Gravity, developer of content optimization and personalization technology and “the Interest graph”. The deal is for $83 million, and an additional $7.7 million may be deferred and paid over two years after the closing. AOL CEO Tim Armstrong said, “The web is moving to the era of personal, and …

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AOL Gets Rid Of Patch, But Keeps Minority Stake

AOL will continue to have a relationship with its hyperlocal news service Patch, but is relinquishing operation and majority control, as it has announced a new joint venture with Hale Global. AOL says it will contribute Patch to a new limited liability company, of which Hale will own the majority, and will operate. AOL will retain a minority interest. Financial …

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Internet Giants Urge U.S. To Reform Government Surveillance

AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter and Yahoo have joined together to urge the U.S. government to reform government surveillance laws and practices. The companies have set up a website called Reform Government Surveillance, where they outline five principles, and offer commentary from the CEOs of each company (Brad Smith, General Counsel and EVP, Legal and Corporate Affairs speaks …

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AOL Income Down 61% in Third Quarter

AOL today released its third quarter earnings report, showing a large 61% year-over-year drop in operating income to just 16.7 million. This on total revenues of $561 million, a 6% increase from revenue generated during the third quarter of 2012. The shortfall was not due to advertising revenue, which rose 14% year-over-year to $386 million. Ad revenue from both the …

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AOL Launches Global Innovation Lab, Enhancements To Pictela

AOL announced on Wednesday that it is launching a global Innovation Lab for AOL Networks, as well as some product enhancements for its cloud-based Pictela platform. “The Lab will bring together top tier advertising tech talent from AOL Networks and marketing brand and technology executives to solve core business challenges they face in the ad technology space,” says AOL’s Ed …

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AOL’s Adap.tv Acquisition Is Now Complete

About a month ago, AOL announced the company’s biggest acquisition under CEO Tim Armstrong with news that it would buy video ad platform Adap.tv for $405 million. The company announced the completion of that acquisition today. “With the addition of Adap.tv, AOL’s leadership position in digital video is further solidified,” said Armstrong. “AOL is well positioned to capitalize on two …

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AOL Reportedly Laying Off Hundreds From Patch, CEO Reportedly Fires Someone For Taking His Picture

Layoffs are coming to AOL’s Patch hyperlocal news service over the next week or so, according to multiple reports. When the company reported its earnings earlier this week, CEO Tim Armstrong indicated that AOL would get rid of up to 300 Patch sites. The company is not commenting publicly about Patch currently, but plenty of rumors and bits of news …

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AOL Q2 Earnings Out, Global Ad Revenue Boosts Overall Revenue

AOL reported its Q2 earnings on Wednesday, in addition to the news that it is acquiring Adap.tv in CEO Tim Armstrong’s biggest deal yet. The company managed to beat Wall Street estimates. Revenue for the quarter grew 2% year-over-year thanks to global ad revenue growth (7% growth year-over-year). The company also saw 8% growth in global search revenue driven by …

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