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AOL Business Split Opens the Door for Microsoft & Yahoo!

Time Warner Inc. has finalized an internal reshuffle which leaves its AOL unit split and primed for a buy-out! The move will position the two AOL divisions as ripe pickings for the right suitors and the advertising section will be hot property for both Microsoft and Yahoo! Continue Reading

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More AOL Cost-Cutting: Dumping Properties; Cutting Back On Blogs

AOL is “sunsetting” (i.e. killing or trying to sell) some of its underperforming units, including Bluestring, Xdrive, AOL Pictures and MyMobile. Continue Reading

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Steve Case Joins App Developer Living Social’s $5M A Round

LivingSocial, a social network app developer that allows users to see what kind of books, movies, beer, etc. their peers like, has rasied a $5 million Series A Round led by Grotech Ventures. Joining in: Former AOL CEO Steve Case and his wife Jean. Continue Reading

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