Thursday, May 28, 2009
Media giant Time Warner announced this morning that it is unloading its struggling AOL advertising-and-dial-up unit, which will face life as a stand-alone, publicly traded company. Read story »
Wednesday, April 29, 2009
Time Warner Inc. announced this morning in a filing with the Securities and Exchange Commission that it intends to spin off its ailing AOL division. Read story and 2 comments »
Loudoun Officials Say Firm's Arrival Could Lead to More
Sunday, April 5, 2009
Loudoun County officials hailed last week's announcement by Raytheon that it is moving hundreds of employees to Loudoun, saying that the company's presence will stimulate the local economy and could draw similar businesses to the area. Read story »
Ex-Leaders Try to Lift Spirits of Embattled Employees
Wednesday, March 18, 2009
AOL employees got a surprise visit yesterday when long-gone executives Steve Case and Ted Leonsis turned up at a companywide meeting on the Dulles campus to greet the dial-up and content provider's incoming chief and bolster a staff recently hit by layoffs and turnover. Read story »
Outgoing Management Team Lasted Just Two Years
Friday, March 13, 2009
AOL is getting new leadership again, just two years after the outgoing executives were chosen to turn around the struggling dial-up and content company. Read story »
Wednesday, March 11, 2009
Once the cornerstone of a booming local tech economy, AOL yesterday executed its second major round of layoffs in two years amid a weakening online advertising market. Read story and 1 comment »
Tuesday, Aug. 12, 2008
Just days after Time Warner said it had cleaved off AOL’s dial-up Web access division and was in a position to sell it, another big media company has expressed interest in a deal. Read story »
Sluggish Online Ad Sales Contribute to 26 Percent Drop in Parent's Earnings
Wednesday, Aug. 6, 2008
AOL's expensive investment in building a leading online advertising network is not yet paying off for parent company Time Warner. Read story »
Tuesday, Aug. 5, 2008
AOL is finally in a position to shed the dial-up-access business that once offered tens of millions of people their first glance at the Internet. Read story and 4 comments »
Moves Affect Development Unit in Dulles
Saturday, July 26, 2008
AOL is slashing more products — including some that had been promoted as on the cutting edge of the company’s future — as part of its effort to cut costs and focus resources on what is working for the beleaguered Internet giant. Read story »
Regulator Alleges Inflation of Online Ad Revenue
Tuesday, May 20, 2008
The Securities and Exchange Commission yesterday filed civil lawsuits against eight former America Online executives, accusing them of participating in illegal accounting practices that inflated the online giant’s reported revenue by more than $1 billion. Read story »
Unit’s New Chief Inherits Clashes
Monday, March 17, 2008
Just as soon as AOL veteran Lynda M. Clarizio was promoted last week to lead Platform A, the company’s ambitious online advertising network, firecrackers started to go off around her. Read story »
Saturday, March 15, 2008
AOL announced plans earlier this week to buy social-networking site Bebo for $850 million in an attempt to appeal to younger Internet users and expand its online-advertising business. Read story »
Saturday, March 1, 2008
The Virginia Supreme Court yesterday narrowly upheld the nation’s first conviction under a state anti-spamming law that makes it a felony to send unsolicited mass e-mails. Read story and 1 comment »
Once a Magnet, Firm’s Departure May Alter Local Tech Landscape
Monday, Feb. 18, 2008
Barry Schuler moved to Washington from Silicon Valley to join AOL during its golden days, one of the many top technology professionals the Internet 8giant recruited to the region. But when the former chief executive left in 2003, he returned to California to become an investor and start a technology company, following other executives who have drifted away from the region. Read story »
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