A Silicon Valley entrepreneur was so committed to his startup company that he ended up living and working illegally on AOL’s campus in Palo Alto late last year.
Microsoft, Yahoo and AOL are joining forces in an online advertising attack on Google and Facebook.
AOL CEO Tim Armstrong is making a $10 million bet that his turnaround strategy will pay off. He just invested that amount of money in 477,000 shares of the company’s stock.
In a move that is being closely watched in Silicon Valley, Internet company AOL Inc. is buying the California-based news hub Huffington Post in a $315 million deal that represents a bold bet on the future of online news.
AOL Inc. has hired financial advisers to look into strategic options that could include a combination with Yahoo Inc., according to a newspaper report.
With buyout vultures circling the Internet company, Yahoo Inc. CEO Carol Bartz may have to accelerate her timetable for engineering a turnaround if she wants to save her job.
Investors were running up the price of Yahoo shares Thursday after a report saying AOL and a group of private equity firms may bid for the Web company.
Yahoo’s inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.
AOL Inc. says it will buy technology blog TechCrunch and other blogs in its network for an undisclosed amount in a bid to expand its news production.