AOL wants to become a content company?
AOL has long been known as the company that provided dial-up internet access in the US market.
The company has been working hard on changing the core of their business. The aim has been to generate revenues through online advertising.
AOL CEO Tim Armstrong has now stated that [...]
Hulu could go paid sometime next year
News Corporation has already hinted that they are planning a subscription based model for the Hulu service in which they are partnering with other media giants ABC and NBC.
The company has now hinted that the new model could be launched as early as next year as they [...]
CNN.com relaunch coming this Monday!
CNN.com is one of the most visited news website on the web today.
The company has been working on a brand new edition of their website and it would go live this coming Monday.
The new edition is expected to be data intensive as it would feature more videos compared [...]
The Economist goes paid for online access
The Economist is the latest online magazine that is going paid.
The Economist team has alerted the readers that the content would be accessible only through a paid subscription starting October 13.
Wall Street Journal is the most popular online magazine that has paid only access to its online [...]
AOL could be worth just around USD 4.2 billion
When Google acquired a stake in AOL a few years ago, the valuation was set at around USD 20 Billion.
Times have changed. Google has moved on. And Time Warner is planning to get rid of AOL by making it an independent entity.
Market analysts have claimed [...]
Mark Zuckerberg is worth around USD 2 billion!
As per the latest report by the Forbes Magazine, Facebook founder Mark Zuckerberg is worth around USD 2 billion.
At 25, he is the youngest billionaire on the list.
He was worth around USD 1.5 billion as per the same list last year.
Zuckerberg is [...]
Aber Whitcomb leaving MySpace
US based social networking company MySpace has revealed that Aber Whitcomb is leaving the company in the near future.
Aber Whitcomb is currently the CTO and also one of the co-founders of MySpace.
He would be replaced by MySpace Music’s current CTO Alex Maghen.
With this, most of the original guys [...]
Taobao.com aims to become a global giant!
Taobao.com is mostly known as the eBay of China.
The company has now revealed that they are aiming to have 1 billion global users shopping on the site in 10 years.
They currently serve around 25 million shoppers each day.
Interestingly, the company currently has no concrete plans [...]
Nokia acquires Plum Ventures
Mobile phone manufacturer Nokia has announced that they are now acquiring Plum Ventures.
Plum Ventures is a social media firm based in the United States.
Nokia did not reveal the financial aspects of this new acquisition.
Nokia revealed little but did say that they would integrate Plum’s technologies into their own social [...]
Lee Kai-Fu leaving Google China
Google has confirmed that Lee Kai-Fu is leaving their Chinese unit which has been working hard to compete with Baidu in that market.
The company has now announced Yeo Boon-Lock as Lee’s replacement.
Lee had joined Google from Microsoft. That appointment made headlines as Microsoft sued him for breach of [...]
