Time Warner plans to spin off AOL
Time Warner has revealed their plans to spin off internet division AOL.
The company revealed some of the details about their upcoming plans in documents submitted to the Securities and Exchange Commission.
Time Warner has hinted in the past that they wanted to separate AOL from their core operations.
Company [...]
Jonathan Miller joins News Corporation
News Corp has announced the appointment of Jonathan Miller as their new head of the digital division.
He was once the CEO of AOL.
The company also announced the appointment of Peter Levinsohn as the president of new media and digital distribution at Fox Filmed Entertainment.
Miller would look after [...]
Time Warner posts a fourth quarter loss
Time Warner has come out with their latest revenue report and the company has posted a loss of $16.03 billion, or $4.47 per share in the quarter ending in December last year.
This is a terrible performance compared to a profit of $1.03 billion, or 28 cents per [...]
Carl Icahn not interested in partial sale of Yahoo assets
Yahoo stock holder and billionaire investor Carl Icahn has said that he would not want Yahoo to sell parts of itself to rumored parties like former AOL Chief Executive Jonathan Miller or anyone else.
Icahn said that such deals do not put a great value on the [...]
Yahoo could be close to acquiring AOL assets
Yahoo might have just managed to escape getting acquired by Microsoft. Market sources are now hinting that the company is now nearing a deal with Time Warner to acquire content assets of AOL.
Yahoo spokesman Brad Williams however declined to comment on the reports: “It’s rumors and speculation, which [...]
Yahoo could re-open discussions with AOL
The new board members at Yahoo have now given their approval to fresh talks with Time Warner.
The two companies were in talks about the future of AOL earlier this year.
No active discussions are on at the moment. But the company could now restart their talks with Time Warner for any [...]
Jonathan Miller barred from joining Yahoo
Time Warner has said that they cannot allow their former AOL Chief Executive Jonathan Miller to join Yahoo’s Board.
The company said that a non-compete clause in his original contract prevents him from doing so.
Yahoo had previously named Miller as one of the potential new members on their board [...]
Comcast and NetZero announces their plans to block child porn
US based internet service providers Comcast and NetZero have announced their plans to join the list of ISPs which are going to block access to child porn.
This was confirmed by the New York Attorney General’s office.
This happened after Comcast was threatened by New York [...]
AOL to expand advertising initiative in Europe
US based tech giant AOL has said that they are now planning to expand their advertising services in the European markets.
The company said that they would make available their Platform-A services to more markets by the end of the year.
AOL added that they are now appointing Brendan Condon as [...]
AOL Video launched in India, Canada and Taiwan
US based internet company AOL has announced that they are now launching localized editions of their video portal in three markets India, Canada and Taiwan.
These localized editions would feature domestic content in addition to media from international sources.
AOL is also now working on launching similar online destinations in [...]
