tim armstrong
Nothing like a big media deal to spark commentary from the media. And indeed, there's been no shortage of reaction -- from praise to pillory -- to AOL's decision to purchase upstart news site The Huffington Post for $315 million, mostly in cash.
AOL Buys Silicon Valley Website TechCrunch
1:50PM 9/28/2010
AOL, the parent company of DailyFinance, has agreed to purchase TechCrunch, a top news blog covering Silicon Valley and tech startups. The deal was announced by AOL CEO Tim Armstrong and TechCrunch founder Michael Arrington (pictured) on Tuesday morning.
As you may have heard by now, this is the week that AOL decouples from Time Warner and spins off as an independent venture. CEO Tim Armstrong marked the occasion with a keynote Q&A session at the UBS Global Media & Communications Conference, where he delivered answers polished to a high...
The AOL Time Warner merger of 2000 created a $160 billion colossus that fused America Online, the dominant Internet-access business of the 1990s, with Time Warner, the traditional media mammoth. But in a decade rocked by two recessions, Web access gave way to messaging, search and advertising --...
AOL seeks to shrink workforce by a third after spin-off
12:20PM 11/19/2009
AOL after Time Warner will be a substantially smaller company, at least in terms of the number of people it employs. The Internet pioneer, which is the parent of DailyFinance, revealed the rough outlines of a long-anticipated downsizing Thursday, saying it plans to reduce its global workforce by...
Greetings, DailyFinance readers. I'm here at the Newseum in Washington, D.C., where I've spent the past two days taking in The Atlantic's First Draft of History conference: a medley of one-on-one interviews with politicians, business leaders (like this guy) and other newsmakers, conducted by the...
Barry Diller on 'foolish' Microsoft, 'smart' AOL and much more
1:20PM 9/16/2009
Microsoft's Bing may be the fastest-growing player in the search market, but IAC chairman Barry Diller doesn't seem to think much of its prospects.
Diller told attendees of the Goldman Sachs Communacopia conference on Wednesday that he believes trying to beat Google at its own game, as Bing is...
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