AOL

Time Warner to Spin Off AOL

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 »

Time Warner to Spin Off AOL Division

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 »

Raytheon's Move Heralded

Raytheon's Move Heralded

Loudoun Officials Say Firm's Arrival Could Lead to More

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 »

Case, Leonsis Make AOL Appearance

Ex-Leaders Try to Lift Spirits of Embattled Employees

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 »

Google Executive Takes Over AOL

Outgoing Management Team Lasted Just Two Years

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 »

AOL Hands Out Pink Slips

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 »

Liberty Media Interested in AOL Dial-Up Business

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 »

AOL Puts Drag on Time Warner Profit

Sluggish Online Ad Sales Contribute to 26 Percent Drop in Parent's Earnings

AOL's expensive investment in building a leading online advertising network is not yet paying off for parent company Time Warner. Read story »

AOL Is Moving Closer to Jettisoning Dial-Up

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 »

AOL Cuts More Products Developed in Dulles

Moves Affect Development Unit in Dulles

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 »

SEC Sues 8 Former AOL Officials

Regulator Alleges Inflation of Online Ad Revenue

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 »

Bringing Together AOL's Ad Unit

Bringing Together AOL's Ad Unit

Unit’s New Chief Inherits Clashes

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 »

AOL Buys Bebo to Compete In Social-Networking Market

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 »

Anti-Spamming Felony Conviction Is Upheld

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 »

The AOL Exodus Effect

The AOL Exodus Effect

Once a Magnet, Firm’s Departure May Alter Local Tech Landscape

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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