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All Posts Tagged Tag: ‘AOL’

AOL Celebrates Winamp’s 15th Anniversary with Android Album Washer

AOL is celebrating Winamp’s 15th anniversary with an upgrade to their Winamp for Android called Album Washer. The upgrade, available for $0.99, helps users clean-up and organize their existing media libraries. Available at the new in-app store, Album Wash polishes and organizes Winamp collections by updating users’ incorrect or missing tags and by downloading missing album art. It’s all part …

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AOL, Microsoft, & Facebook Close Billion-Dollar Deal

AOL has just closed on a deal with Microsoft that will garner over a billion dollars for a large chunk of their patent portfolio. The news comes at a time when AOL is desperately trying to make the most of their company, which has been pushed to the back burner by users in recent years. They say the deal will …

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AOL Completes Billion Dollar Patent Sell-Off to Microsoft

Now that AOL can put the whole Starboard ordeal in the past, one of the bigger business transactions that was caught in the executive crossfire has inally reached its conclusion: the company announced today that it completed its sale of hundreds of patents to Microsoft. The transaction included the sale of over 800 patents and their related patent applications to …

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AOL CEO Armstrong Moving Full Steam Ahead with Patch

On the heels of winning a proxy showdown against a gang of grumbling shareholders yesterday, AOL CEO Tim Armstrong is punctuating his victory over that cabal of activist investors known as Starboard by pushing the very product they insisted was a poor business endeavor: AOL’s local news platform, Patch. Although Patch has yet to return a profit for AOL, the …

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AOL Wins Proxy Battle With Starboard: All Board Members Have Been Re-Elected

AOL released a statement today explaining their proxy battle with activist shareholder, Starboard has come to an end. Today, all of their board members have been re-elected for another term signifying that indeed, none of Starboard’s nominations were welcome additions to the AOL team. Business Insider published a formal statement from the company: “On behalf of AOL’s Board and management …

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Google Joins Facebook, Twitter, AOL, IAB To Stop Badware

Google, Twitter, Facebook, AOL and the IAB have joined forces to form the Ads Integrity Alliance, geared toward keeping protecting users from ads that contain badware. The initiative was announced today by StopBadware.org. The organization says the alliance will develop and share definitions, industry policy recommendations and best practices, serve as a platform for sharing info about bad actors, and …

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AOL’s Patch Set New Traffic, Revenue Record in May

Despite a damaging report last month from a group of disgruntled investors that said AOL’s Patch was not a “viable business,” the service still had a good month in May as it set an all-time high for traffic and revenue. Patch, AOL’s local news dispensary, served 11.7 million users in May, marking a 14% increase in users from April when …

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Starboard Claims AOL Loses $500 Million a Year on Display Ads

In comScore’s latest report regarding the top 50 internet properties in the U.S., AOL came in at #5, with over 110 million unique visitors during the month of April. It’s clear that AOL has maintained a steady audience regarding its collection of sites, regardless of problems with its ad content. The company did report a 5% increase in ad revenue …

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AOL Informs Starboard their Nominees are Useless

Things haven’t been stellar for AOL lately, but they are performing better than many expected. Months ago, Starboard, one of AOL’s major shareholder, voiced their concerns over AOL’s performance and what could be done to unlock shareholder value. More recently, at the end of February, Starboard issued a formal letter to the AOL board of directors asking that they be …

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Yahoo! Unveils Genome

Yahoo Inc. just announced Genome, a new online advertising solution, at Internet Week New York. Below is a clip regarding the new platform: Genome, set to be available sometime in July, combines Yahoo! data, interclick’s third party data and advertisers’ first party data to afford marketers the most complete, custom audience solution on the web. The new platform will fall …

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AOL Looking To Sell TechCrunch, Engadget…Or Not [Report/Rumor/Update]

Update: According to AOL CEO Tim Armstrong, the company is not looking to unload TechCrunch or Engadget. AdAge spoke with him, sharing the following quote: “We are planning to invest in those properties, not sell” them, Mr. Armstrong said in an interview with Ad Age. He admitted that the company has spoken with outside entities about partnerships that would lead …

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AOL’s First Quarter 2012 Earnings Report

AOL’s quarterly earnings are in and things aren’t looking too bad for the company. Advertising revenue is up 5% year-over-year, and diluted earning per share reached an incredible $0.22, which is much higher than experts were predicting (they predicted around $0.08 per share). The bad news is subscription and other revenues fell 15% and 27% respectively. This drop makes for …

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