AOL, a Digital Pioneer, With Another Chance to Reshape Itself – NYTimes.com

Soon after Tim Armstrong was named chief executive of AOL in 2009, he started reading the management book “You’re in Charge, Now What?” Mr. Armstrong was 38 at the time, a charming, hard-charging Google ad sales executive who had never before been a chief executive, let alone the head of a company in complete disarray….

Read More

Utopia and/or Bust – The Awl

But Andreessen waved away the criticisms as the ravings of “a self-hating software engineer.” When I persisted, he said, “Ordinary people love the iPhone, Facebook, Google Search, Airbnb, and Lyft. It’s only the intellectuals who worry.” He raised counter-arguments, then dismissed them: technology would solve any environmental crisis hastened by an expanding economy, and as…

Read More

AOL Has Been in Talks to Spin Off HuffPost as Part of Verizon Acquisition Deal | Re/code

According to numerous sources, while it has been negotiating its deal to sell to Verizon, AOL has also been in advanced discussions with a number of parties to spin off its flagship Huffington Post content unit. The talks have been most serious with Axel Springer, the German media conglomerate, but a number of private equity…

Read More

Verizon Agrees To Buy AOL For $4.4 Billion – BuzzFeed News

AOL’s short second life as an independent media and online advertising company will end as it’s agreed to be bought by Verizon for $4.4 billion, the companies announced Tuesday. The all-cash deal will give Verizon, a wireless and internet data provider, a digital video and advertising business, along with AOL’s expensively acquired news properties like…

Read More

Verizon-AOL: A War of All Against All – WSJ

When Steve Jobs released the first iPhone in June 2007, Apple Inc. and Verizon Communications Inc. were worth almost exactly the same in the public markets: About $115 billion. What came over the next eight years was one of the greatest transfers of power and wealth in corporate history. Mobile phone operators—who had been brutish, intractable gatekeepers to the customer—were turned into Apple’s lackeys….

Read More

Verizon Agrees to Buy AOL for $4.4 Billion – WSJ

Verizon Communications Inc. agreed to buy AOL Inc. in a $4.4 billion deal aimed at advancing the telecom giant’s growth ambitions in mobile video and advertising. The all-cash deal values AOL at $50 a share, a 23% premium over the company’s three-month volume-weighted average price. AOL shares rose 18% in morning trading to $50.18. Verizon shares fell 1.7% to $48.98….

Read More

You Can Now Download A Horrifying List Of Everything You’ve Ever Googled | Junkee

/post details post thumbnail /post thumbnail Google is great. It tells you what those mysterious little things on the end of shoelaces are called, it’s been in happy-go-lucky movies with Vince Vaughn and Owen Wilson, and it even entertains you with inventive takes on old arcade games. But, much like those people who seem way too enthusiastic about pressed…

Read More

US appeals courts rules NSA bulk collection of phone data is unlawful | Circa News

The National Security Agency (NSA) faces a litany of lawsuits over its surveillance programs. A federal appeals court ruled May 7 that the NSA’s bulk surveillance of telephone records is unlawful. It found the NSA’s programs were not authorized by Congress in Section 215 of the Patriot Act. The ruling determined the American Civil Liberties…

Read More