All Posts Tagged Tag: ‘AOL’
Earlier this morning, AOL reported its fourth quarter earnings results, and for shareholders, there’s both good news and bad news. The good: the company beat most analysts’ expectations. The bad: a column documenting year-over-year changes is still almost full of double-digit negative numbers.
Indeed, total revenue decreased 26 percent compared to the fourth quarter of 2009, advertising revenue fell by the same amount, and free cash flow plunged by 38 percent, none of which is encouraging.
TechCrunch founder Michael Arrington hasn’t been afraid of pissing off AOL since the company acquired the popular tech blog late last year.
Earlier this month, Arrington waged a blog war of sorts against fellow AOL tech blog Engadget, which drew a lot of media attention, and got other tech bloggers asking questions like, "How long will Mike Arrington possibly last as an AOL employee?"
AOL said today it is launching late night video programming featuring highlights from the podcasts of “The Adam Carolla Show,” “Kevin Pollack’s Chat Show,” and Kevin Smith’s SModcast Network.
“AOL Late Night” launches today at 10PM (ET) and will feature interviews with celebrities, actors, writers directors, comedians, and musicians.
Would you read a publication dedicated to news about the neighborhood you live in? The web has made an infinite amount of information from all over the world available to you in realtime at a non-stop pace. We now have nearly every piece of news about everything we care about either coming directly to us via social media sites and/or news readers, and the rest is available in seconds via a quick search.
AOL has reached new content partnerships with Sporting News, Everyday Health and Move Inc as part of its strategy to create unique original content.
“AOL will be doubling down on our strategy in 2011,” said Tim Armstrong, Chairman and Chief Executive Officer, AOL Inc.
AOL said today it has named Stephen Bromberg Executive Editor of AOL.com.
Prior to joining AOL, Bromberg was Executive Editor, Foxnews.com, where he oversaw the development and publication of all online content for the Foxnews.com website. In this role he directed the editorial team to ensure that quality stories were posted quickly and accurately to the website. Bromberg joined Foxnews.com in 2000 as News Manager and was promoted to Senior News Editor in 2001 before assuming the role of Executive Editor in 2003.
Whatever his faults, Microsoft cofounder Paul Allen is at least persistent and ambitious. Allen proved this yesterday by refiling a patent infringement lawsuit against AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo, and YouTube.
AOL announced that it has acquired ad platform firm Pictela. The company makes what is described as a "high-definition brand content platform" for online advertising and social media. This follows other recent acquisitions by AOl, such as that of TechCrunch, Thing Labs, 5min Media, and StudioNow.
AOL and Yahoo both have new focuses on churning out content. This is one reason why some industry analysts have suggested that the two companies would be a good fit for a merger. It’s made for interesting conversation, but there has never been any substantial evidence that the two companies would ever pursue such an endeavor.
AOL has launched a new AOL Video division, which the company says will aggregate its online video library assets under one "strategic umbrella." The company also says it delivers on the entire video value chain from creation through syndication to distribution, consumer experience and monetization.
Starting late yesterday, a fresh round of rumors began to circulate about a possible Yahoo-AOL deal. Then other sources and experts denied that anything’s taking place. But investors still seem to be excited about the concept, sending Yahoo and AOL’s stocks up a significant amount in early trading.
Earlier this morning, AOL delivered its third-quarter earnings report, and while there were significant problems, the company was able to impress investors. AOL’s stock is now up 6.05 percent, which is more than a decent way for it to start the day.
That increase is in part due to the fact AOL was able to report $563.5 million in total revenue, even though analysts thought the company would just report $557.0 million. Also, thanks to the sale of Kayak and ICQ, AOL managed to report $171.6 million in profit – a 132 percent year-over-year jump.
AOL said today it is selling four of its office buildings it no longer uses and two undeveloped pieces of land on its Dulles, Virginia campus to CB Richard Ellis Realty Trust for $144.5 million.
AOL said as of today it has approximately $750 million of cash on hand.
Despite the whole Microsoft debacle, it’s still possible – and perhaps likely, judging by the reaction of some investors – that one or more organizations will buy Yahoo. Rumors about takeover plans have begun to swirl, and Yahoo’s stock has begun to soar.
AOL said today it is relaunching its City’s Best online guide to provide local food and entertainment reviews in 25 metro areas.
City’s Best local editors and writers in each market have visited and selected the best food, and entertainment destinations in each city creating directory listings for each. AOL will invite local users to chose the most popular spots.
There are a couple interesting things happening with online maps today. Google has updated its Photos layer and MapQuest has introduced Atlas.
AOL said today that seven brands have signed on as founding partners for its new display advertising format called “Project Devil.”
Found partners include General Mills brands Cheerios, Pillsbury Crescents, Lexus, Macy’s, Procter & Gamble’s Olay, Sprint, and Unilever’s Suave Professionals.
AOL and its subsidiary Patch have launched PatchU, a new network of partnerships between local Patch online publications and colleges and universities, with a focus on helping the next generation of journalists.
The initiative, which launched this fall, offers interships and coursework at local Patch publications to students under the guidance of Patch’s editors.
Google continued its reign over the U.S. search market in August with 65.4 percent market share, followed by Yahoo with 17.4 percent (up 0.3 percentage points) and Microsoft with 11.1 percent (up 0.1 percentage points), according to the latest analysis from comScore.
Ask saw no change month-over-month capturing 3.8 percent of the search market, followed by AOL, which also remained flat with 2.3 percent of the market.
AOL has entered into a partnership with The Ellen DeGeneres Show to promote the program and its website.
AOL will promote The Ellen DeGeneres Show on its websites KitchenDaily.com and AOL Television. Ellentv.com will promote AOL content daily, providing links to other AOL sites and working on larger promotional deal with related content.
Microsoft co-founder Paul Allen has a company called Interval Licensing, and it is suing the following eleven companies: AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo, and YouTube.
The claim, filed in the U.S. District Court of the Western District of Washington, alleges that these companies have infringed upon patents held by Interval. The patents in question include:
AOL has named Graham Moysey its General Manager for AOL Canada. In the past, he has served as the Senior Vice President and General Manager of Digital Media at Canwest Global Communications, Canada’s largest integrated media company. There, he was responsible for all revenue, product and digital strategies.
AOL said today it has launched 100 Patch local news sites and has plans to grow that number to 500 by the end of the year.
AOL plans to hire 500 journalists to support its Patch expansion and it will likely be the largest hirer of full-time journalists in the U.S. this year.
U.S. representatives Ed Markey (D-Mass) and Joe Barton (R-Texas) sent a letter today to 15 companies identified in a recent Wall Street Journal investigation as installing consumer-tracking technologies to target users visiting these sites.
AOL’s managed to tempt a number of employees away from Google over the past couple of years, with the list including names like Tim Armstrong, Caroline Campbell, Tim Castelli, Erin Clift, David Eun, Kristin Kovner, Jeff Levick, Jeff Reynar, and Maureen Sullivan. Now, it looks like AOL will – with Google’s approval – take some office space, too.
Elecronista reports that a new court ruling could set a legal precedent to allow the bypassing of DRM for fair use purposes. "The decision could impact the media industry as it may allow breaking DRM for music, movies and other formats as long as the material isn’t pirated," says Electronista.
A few days ago, a Texas-based company called InNova Patent Licensing filed an infringement lawsuit against 36 well-known companies. The company claims to hold the patent on spam filtering, and appears to be resting on the notion that any company using spam filtering owes them.
Among the companies being sued are Google, Apple, AOL, Dell, HP, RIM, Yahoo, McAfee, Symantec, and Siemens. The list doesn’t stop at tech companies though. It also contains names like Frito Lay, Cinemark, J.C. Penney, Rent-A-Center, and Dr. Pepper.
AOL has launched a new smartphone portal at m.aol.com and 2 new Android apps. In fact, AOL specifically says that it’s increasing its focus on Android.
The smartphone portal is for HTML5-supporting smartphones, providing a touch-driven interface that allows for easy scrolling through articles and content, as well as location-based services for weather, movies, traffic, etc. There is also an app directory for users to find mobile apps, and it supports video content.
AOL has launched AOL Advertising Politics hub aimed at campaigns, advocacy groups and companies looking to target audiences online.
Online display advertising has become a key factor for political campaigns. With the Supreme Court ruling earlier this year lifting the restrictions on political ad spending from corporations, companies can now join campaign and issue advocacy groups in influencing voters online. AOL hopes to capitalize on the upcoming November elections.
AOL’s MapQuest has introduced a new look and feel that goes beyond maps and driving directions and focuses more on local search.
Starting today users can opt in via a link to try out the new MapQuest. The new redesign will replace the old version of MapQuest in about a month.