New Jobless Claims Unchanged at 505K Nov 20, 2009
In a securities filing Thursday, AOL said it plans to cut about a third of its work force once it is spun off from t 00004000 he media conglomerate Time Warner Inc. That would amount to nearly 2,300 of the roughly 6,900 workers at the struggling Internet company. Hartford, Conn. (CBS News)
AOL to shed one-third of work force Nov 20, 2009
AOL to shed more than one-third of work force ... AOL said it hoped to trim annual costs by about $300 million, according to a securities filing Thursday ... NEW YORK - AOL LLC, an Internet company struggling to adapt to an advertising-driven economy, is looking to shed more than a third of its work force as it prepares to spin off from Time Warner Inc. next month. (MSNBC -- Business)
Goldman Sach's Shareholders Seethe Nov 20, 2009
a period AOL would dearly like to return to ... Some 2,500 jobs will go at the company that failed to adapt to a non-dial-up age, reports the NYT. In 2004, far past the peak of its perceived powers but when it was at its most bloated, AOL had more than 20,000 employees. (Slate)
AOL cuts to hit Northern Virginia hard Nov 20, 2009
In its heyday, AOL had thousands of employees in Northern Virginia, but downsizing over the years has lowered its local headcount to about 2,400 ... AOL has 6,900 employees companywide ... While AOL says it will try to achieve the work force reduction through a voluntary layoff program, the incentives are most attractive to higher-ups at the company. (Washington Business Journal, DC)
Privacy Debacle Hall of Fame Nov 20, 2009
Earlier this month AOL publicly released a data trove: 500,000 search queries culled from three months of user traffic on its search engine ... Apparently, AOL's anonymizing process didn't include removing names, addresses and Social Security numbers. (Yahoo News -- Online Privacy)
AOL will pare third of its workforce Nov 20, 2009
Time Warner has said it will spin AOL off as a separate company on Dec. 9 ... SAN FRANCISCO - The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its workforce - as it prepares to separate from and sever their ill-fated marriage ... Major job cuts seemed certain after Time Warner said last week that AOL would take $200 million in charges for severance and other restructuring-related costs. (Boston Globe)
AOL to cut one-third of workforce Nov 20, 2009
AOL hopes the move will cut annual costs by about $300m. Internet company AOL has announced plans to lay off about a third of its workforce once it is spun off from media giant Time Warner ... AOL and Time Warner combined in 2001, but in May, Time Warner stated its intention to spin off AOL into a separate company by the year-end. (BBC News -- Business)
Full Story » Nov 20, 2009
AOL offers buyouts to over a third of work force by AP: Yahoo ... AOL offers buyouts to over a third of work force ... The struggling Internet company AOL plans to shed up to 2,500 jobs more than a third of its work force as it prepares to separate from Time Warner and finally sever their ill-fated marriage. (Yahoo News -- Technology)
Fees, fewer options await fliers Nov 20, 2009
"They're clearly impacted by the economy," says Beth Caulfield, AOL Travel editor in chief. "They're spending less, but they're being very selective about what they choose to spend, and not spend on, so they can maintain their holiday traditions.". (USA Today)
FastPencil Releases New Features for End-to-End Book Writing and Publishing Service Nov 20, 2009
Connect and share through Twitter, Facebook, Gmail, AOL, Yahoo and MSN. Publish to e-book formats with iPhone reader and Kindle support. (Yahoo! Wire -- Entertainment News)
Should Web Search Data Be Stored? Nov 20, 2009
AOL's disclosure last week of the Web-search habits of more than 650,000 of its unwitting members has fanned privacy fears and rekindled the debate over the collection and storage of this often private information. The revived concerns that surfaced last year when AOL and other major search companies received subpoenas from the Justice Department for their search data ... Inc.'s AOL, Inc. and Corp. cooperated, while Inc. challenged the request. (Yahoo News -- Online Privacy)
AOL Shows Worst Not Over for Media Job Cuts Nov 20, 2009
LOS ANGELES (Reuters) - If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over ... AOL on Thursday said it would cut one-third of its workforce to reduce annual costs by $300 million, as part of the Internet media company's planned spin-off from Time Warner Inc in December. (ABC News -- Wire)
What Are Web Surfers Seeking? Well, It's Just What You'd Think Nov 20, 2009
Last week, AOL released a trove of what it thought were anonymous Web-search data from 650,000 of its customers. While intending to help researchers, AOL instead set off a privacy controversy because some of the users could, in fact, be tracked down ... But taking up AOL on its original intentions, I got hold of the data set -- 2. (Yahoo News -- Online Privacy)
AOL wants to slash 2,500 jobs Nov 20, 2009
AOL to cut 2,500 jobs before separating from Time Warner ... Time Warner's struggling online operation AOL is eyeing cutting one-third of workforce ahead of next month's spin-off, and its CEO will skip getting a bonus this year ... According to a filing and a memo AOL CEO Tim Armstrong sent out to employees, AOL is looking for up to 2,500 employees to voluntarily accept buyouts starting Dec. 4 -- about five days before the company is expected to separate itself from Time Warner. (New York Post -- News)
Indicators point to firmer economy; AOL layoffs ahead Nov 20, 2009
AOL says it plans to cut about a third of its workforce once it is spun off from media conglomerate Time Warner Dec. 9 ... AOL said in a securities filing Thursday that the cuts will be both voluntary and involuntary ... The cuts still need approval from the new AOL board. (USA Today -- Money)
Yahoo to Allow Users to Opt Out of Custom Ads Nov 20, 2009
The company has three different services that serve up ads, including aol ... AOL "secures each registrant's affirmative consent" to its terms of service and privacy policy, it said ... Platform-A participants with targeted ads, meanwhile, must disclose cookie-related ad practices and provide opt-out links, said Jules Polonetsky, chief privacy officer for AOL. He estimated that the number of people who have opted out is in the tens of thousands. (Yahoo News -- Internet and WWW)
AOL Looks to Slash Staff by a Third Nov 20, 2009
AOL, which will be spun off from parent company Time Warner next month, has announced a "voluntary layoff program", says the IDG News Service ... AOL has announced a "voluntary layoff program" that will run between Dec. 4 and Dec. 11 and that seeks up to 2,500 employees willing to resign ... "We will need to do an involuntary layoff if we do not reach the target numbers through the voluntary option. We believe the voluntary program gives people more choice and decision-making ability instead of... (BusinessWeek)
American Express buys Revolution Money for $300 million Nov 19, 2009
Revolution Money, based in St. Petersburg, was founded by AOL co-founder Steve Case s in 2007. Revolution Money provides through an Internet-based platform and offers both a credit card and an online payments system. (Tampa Bay Business Journal, FL)
American Express to buy pay firm Nov 19, 2009
The company was founded in 2005 and began offering payment services two years later, launched by AOL cofounder Steve Case s Revolution LLC.. Copyright 2009 Globe Newspaper Company. (Boston Globe)
Constitution Center Nov 19, 2009
In the private sector, while at AOL Time Warner and America Online Inc., he established and directed the AOL Foundation, the company s philanthropic arm. He is a graduate of Stanford University and received his law degree from Georgetown University Law Center. (Philadelphia Business Journal, PA)
American Express to buy Case's Revolution Money Nov 19, 2009
Revolution Money, which was established by AOL co-founder Steve Case's Revolution LLC in 2007, offers customers secure online payments whereby transactions are authorized with a PIN number. Its cards do not include names or account numbers. (KGW Northwest NewsChannel 8, OR -- Business)
ComScore: Bing bounce the best Nov 18, 2009
AOL ranked fifth with 628 million searches. Bing was launched June 1. (Washington Business Journal, DC)
Time will spin off AOL to shareholders next month Nov 18, 2009
NEW YORK: Media conglomerate Time Warner Inc said on Monday it will spin off its AOL unit to shareholders on Dec 9, nine tumultuous years after one of the most disastrous corporate mergers in history. Time Warner shareholders of record on Nov 27 will receive an AOL stock dividend for every 11 Time Warner common stock they hold ... 17 billion outstanding shares, the ratio would effectively value AOLs market capitalisation at around US$3. (The Star Online, Malaysia -- Business)
3D Web will save high-performance computing industry, Intel CTO says Nov 18, 2009
Just as Internet providers moved beyond isolated services such as AOL, CompuServe and Prodigy, virtual worlds have to eliminate barriers in order to gain widespread adoption, he said. "If we can't move from virtual world to virtual world, we're going to live in this world of walled gardens that's very reminiscent of the [Internet] of the late 80s and early 90s," he said. (San Francisco Chronicle -- Technology)
AMP's Dunn changes tack with AXA Nov 18, 2009
DUNN'S caution is a product of AMP's previous takeover miscalculations, and they are legion, but there are plenty of other examples, and the biggest one of all will be consigned to history on December 9 when Time Warner spins AOL out to its shareholders. When AOL and Time Warner announced that they would merge by way of a share exchange offer by AOL in 2000, the groups had a combined market value of $US280 billion ... By 2005, Google was able to buy a 5 per cent stake in AOL for $US1 billion,... (Sydney Morning Herald -- Business)
Renters: List an Apartment Nov 17, 2009
com, AOL, MySpace, Univision and hundreds of other leading Web Sites. Post up to 20 photos. (The Clarion-Ledger)
AOL and Time Warner to officially split Nov 17, 2009
Time Warner made it official: On December 9 it will divorce AOL, closing the book on one of the most in business history ... Investors will get one share of AOL for every 11 shares of Time Warner that they own on November 27 ... AOL shares will trade on a when-issued basis beginning November 24. (USA Today -- Money)
AOL spinoff set for Dec. 9 Nov 17, 2009
Time Warner shareholders will get one share of the new AOL common stock for each share of Time Warner they hold, with distribution of the new stock set for Dec. 9 ... AOL will begin trading as a separate company on a when-issued basis on the New York Stock Exchange under the ticker symbol AOL WI beginning Nov. 24, and its ticker symbol will become AOL with the start of trading on Dec. 10 ... Time Warner (NYSE: TWX) approved plans to spin off the AOL division in May. (Washington Business Journal, DC)
Stock index futures signal dip after rally Nov 17, 2009
Media conglomerate Time Warner Inc (TWX.N) said on Monday it will spin off its AOL unit to shareholders on December 9, nine tumultuous years after one of the most disastrous corporate mergers in history. Qualcomm (QCOM.O), the world's biggest chip maker, said on Tuesday that it expects to sell its TD-SCDMA chips in China within the next year. (Yahoo News -- Press Releases)
Time Warner Inc. Declares Regular Quarterly Cash Dividend Nov 17, 2009
Information on Time Warners Spin-Off Dividend of AOL Shares. Time Warner Inc. issued a separate press release today regarding a dividend of AOL Inc. common stock to Time Warner stockholders. (Yahoo! Wire -- Entertainment News)
Band brings acoustic act to USU Nov 17, 2009
Music and AOL. In 2006, Rolling Stone announced Secondhand Serenade as number three in a reader poll for Best MySpace Artist. The single Fall for You from Secondhand Serenade s second album, A Twist in My Story, reached No. 8 on the U.S. Billboard Pop 100. (Logan Herald Journal, UT)
Time Warner Declares Spin-off Dividend of AOL Shares Nov 17, 2009
NEW YORK--(BUSINESS WIRE)--Time Warner Inc. (NYSE: - ) and AOL Inc. today announced the timing and details regarding the spin-off of AOL from Time Warner ... The Time Warner board of directors has approved the final distribution ratio and declared a pro rata dividend of the shares of AOL common stock owned by Time Warner that will result in the complete legal and structural separation of the two companies ... On the distribution date of December 9, 2009, Time Warner stockholders of record as of... (Yahoo! Wire -- Entertainment News)
Multichannel Newswire Nov 17, 2009
Time Warner Inc. said Monday it has finalized Dec. 9 as the spin-off date of its AOL online unit, adding that current shareholders of record will receive one share of AOL stock for every 11 shares of Time Warner stock they hold. World Wrestling Entertainment and USA Network have finalized a four-year renewal that will keep Monday Night Raw on the service through fall 2014. (Multichannel News)
Vivendi's Levy Trumps Telefonica for `Underdog's Revenge' in GVT Takeover Nov 17, 2009
Although a far cry from the days when former Vivendi CEO amassed billions of euros in debt spending $77 billion on acquisitions to transform a 150-year-old water utility into a rival to AOL Time Warner Inc. and Viacom Inc., Levys push to seek growth through the purchase of assets such as Brazilian phone company GVT is raising concern. Some would call Levys move audacious, but I think its naive, said , a media analyst at Standard & Poors Equity Research in London. (Bloomberg -- Latin America)
Adware Spreads Quickly on AOL IM Nov 17, 2009
A surreptitious program spreading Wednesday morning is turning AOL Instant Messenger users into advertising spammers. The problem starts when users receive an instant message that appears to come from someone on their Buddy List (a list of friends and co-workers who also use the AOL Instant Messenger service). (Yahoo News -- Instant Messaging)
Should Web Search Data Be Stored? Nov 17, 2009
AOL's disclosure last week of the Web-search habits of more than 650,000 of its unwitting members has fanned privacy fears and rekindled the debate over the collection and storage of this often private information. The revived concerns that surfaced last year when AOL and other major search companies received subpoenas from the Justice Department for their search data ... Inc.'s AOL, Inc. and Corp. cooperated, while Inc. challenged the request. (Yahoo News -- Online Privacy)
Privacy Debacle Hall of Fame Nov 17, 2009
Earlier this month AOL publicly released a data trove: 500,000 search queries culled from three months of user traffic on its search engine ... Apparently, AOL's anonymizing process didn't include removing names, addresses and Social Security numbers. (Yahoo News -- Online Privacy)
Summer traffic up for Google, down for Microsoft Nov 17, 2009
That compares to almost 2 hours with Google; 2 hours and 16 minutes on Microsoft's network; and 3 hours and 28 minutes on Time Warner's sites, including AOL.. Google's time numbers are climbing, no doubt because of new products like. (Yahoo News -- Internet and WWW)
Brightcove Aims At Small Online Video Producers Nov 16, 2009
Founded in 2004, Brightcove claims to have more than 800 customers worldwide, including Discovery Communications, A&E Television Networks, Fox Entertainment Group, Rainbow Media, AOL, Showtime Networks, Lifetime Networks and The New York Times Co. It has that have built extensions to or integrate with the platform. The Cambridge, Mass. (Multichannel News)
Watch this Space: Nokia 5330 Mobile TV Edition Launched Nov 16, 2009
"Catch up with friends. Anytime.The Nokia 5330 Mobile TV Edition comes with all the latest social networking software, making it simple to stay in touch with friends via Ovi Contacts, Facebook, MySpace and YouTube. Post status updates for friends and family to follow or instant message (IM) them via Windows Live(TM) Messenger, Google Talk, Yahoo! Messenger, ICQ, AOL and many others.Capture photos and video clips, day or night, using the 3.2 megapixel camera with 4x digital zoom and LED flash... (Yahoo! Wire -- Entertainment News)
HDFC enters education loan with Credila buy Nov 14, 2009
In 2003, ClaimsBPO was sold to WNS Global Services, a Warburg Pincus-owned company, listed on NYSE. The promoters are both engineers who have relocated from executive positions in the US. Ajay was earlier with MetLife in its New York office, while Anil had worked in senior positions in AOL Time Warner and Pitney Bowles. Read business stories in. (India Times)
Thanksgiving Answers: Small Groups Nov 14, 2009
The Epi-Log on Epicurious. To save, rate, and share recipes. (Epicurious.com)
Could This Finally Be The Season For Web TV? Nov 14, 2009
We've heard that Web-on-your-TV convergence promise for more than a decade, with ambitious efforts to make it happen including AOL TV and WebTV Networks. Each time, the optimists have been wrong. (W-USA News, DC)
AOL prepares for more restructuring Nov 13, 2009
AOL, which cut about 100 jobs earlier this week, is likely preparing for much larger reductions as it gets ready for its official spinoff from parent. In a Securities and Exchange Commission filing Thursday, Time Warner disclosed that AOL expects to incur restructuring charges of as much as $200 million shortly after the spinoff and through the first half of 2010 ... CEO Tim Armstrong, a former executive who took over AOL in March, has been giving employees regular updates on reorganization... (Washington Business Journal, DC)
TV Guide for the Internet Debuts Nov 13, 2009
com and BuddyTV.com, as well as video search options offered by Google Inc., Yahoo Inc., Microsoft Corp. and AOL.. "It's going to be a highly competitive field," predicted Gartner Inc. analyst Allen Weiner. (CBS News)
AOL to log additional $200M in restructuring costs Nov 13, 2009
SAN FRANCISCO (AP) New regulatory filings suggest many more layoffs could be coming at AOL LLC as it separates from Time Warner Inc. by the end of the year. In a filing Thursday, Time Warner said AOL will log up to $200 million in "additional restructuring charges" between the spinoff and the first half of 2010 ... In a separate filing this week, AOL said the charges would be for restructuring in order to cut costs and streamline operations. (KGW Northwest NewsChannel 8, OR -- Business)
Clicker.com aims to become Internet's TV guide Nov 13, 2009
It will vie against at least two similar sites as well as video search services offered by Internet heavyweights Google, Yahoo, Microsoft and AOL.. Share this article. (KGW Northwest NewsChannel 8, OR -- Business)
Project Everest sets massive restructuring ch00004000arge at AOL Nov 13, 2009
Project Everest sets massive restructuring charge at AOL. Project Everest sets massive restructuring charge at AOL ... Project Everest, AOL's code name for its restructuring effort, is going to cost the struggling Internet outfit a mountain of money. (New York Post -- Business)
Local calendar Nov. 12 edition Nov 13, 2009
Entertainment Calendar. Thu Nov 12, 2009, 02:51 PM EST. (Wilmington Advocate, MA)
Web-Based E-Mail Features Come to Desktop Software Nov 13, 2009
Before, you could do that only for e-mail systems supporting the POP3 protocol; that's been expanded to include IMAP, used by Time Warner Inc.'s AOL and many workplace systems. Search has also improved to be more like the Web. (Newsmax)
Thanksgiving Predicted to Cost Less This Year? Nov 13, 2009
The Epi-Log on Epicurious. com: Thanksgiving Predicted to Cost Less This Year. (Epicurious.com)
AOL restructing may cost $220M Nov 13, 2009
"Project Everest," AOL's codename for its restructuring effort, is going to cost the struggling Internet unit a mountain of money. AOL disclosed in a regulatory filing today that it plans to spend up to $200 million on restructuring charges through the first half of 2010 for Everest ... That's on top of the $83 million AOL has already spent overhauling the company through the first three quarters of this year. (New York Post -- News)
Major Hasan: Soldier of Allah; Many Ties to Jihad Web Sites Nov 13, 2009
Officials Say Accused Fort Hood Shooter Used Multiple Hotmail, AOL Accounts for Overseas Contacts ... Hasan listed a Maryland area mobile phone number and an aol. (ABC News)
Homeless vets' new mission: Get life together Nov 12, 2009
Wednesday, November 11, 2009. Nighttimes hurl Jonathan Lee back to Iraq. (San Francisco Chronicle)
Remember the "Name That Restaurant" Post? Nov 12, 2009
The Epi-Log on Epicurious. com: Remember the "Name That Restaurant" Post. (Epicurious.com)
What Are Web Surfers Seeking? Well, It's Just What You'd Think Nov 12, 2009
Last week, AOL released a trove of what it thought were anonymous Web-search data from 650,000 of its customers. While intending to help researchers, AOL instead set off a privacy controversy because some of the users could, in fact, be tracked down ... But taking up AOL on its original intentions, I got hold of the data set -- 2. (Yahoo News -- Online Privacy)
Privacy Debacle Hall of Fame Nov 12, 2009
Earlier this month AOL publicly released a data trove: 500,000 search queries culled from three months of user traffi 00004000 c on its search engine ... Apparently, AOL's anonymizing process didn't include removing names, addresses and Social Security numbers. (Yahoo News -- Online Privacy)
Should Web Search Data Be Stored? Nov 12, 2009
AOL's disclosure last week of the Web-search habits of more than 650,000 of its unwitting members has fanned privacy fears and rekindled the debate over the collection and storage of this often private information. The revived concerns that surfaced last year when AOL and other major search companies received subpoenas from the Justice Department for their search data ... Inc.'s AOL, Inc. and Corp. cooperated, while Inc. challenged the request. (Yahoo News -- Online Privacy)
Davis calls energy crisis over Nov 12, 2009
State of emergency, in effect since '01, revoked. Friday, November 14, 2003. (Yahoo News -- Utility Industry Deregulation)
Bing Gets Wolfram Alpha, Facebook Integration in Update Nov 12, 2009
Wednesday, November 11, 2009. (11-11) 11:42 PST -- Microsoft's Bing is stepping up its assault on Google with bevy of new features available Wednesday that include the addition of , enhanced previews of Web sites within results, improved presentation of weather forecasts, and limited Facebook integration. (San Francisco Chronicle -- Technology)
AOL Peeved by Adware Outbreak Nov 12, 2009
Representatives for BuddyLinks, a sneaky program that turned unwary AOL Instant Messenger service users into instant spammers Wednesday, did not respond to repeated requests for comment ... But AOL spokesman Andrew Weinstein says the company is considering taking legal action against BuddyLinks' distributor. (Yahoo News -- Instant Messaging)
Adware Spreads Quickly on AOL IM Nov 12, 2009
A surreptitious program spreading Wednesday morning is turning AOL Instant Messenger users into advertising spammers. The problem starts when users receive an instant message that appears to come from someone on their Buddy List (a list of friends and co-workers who also use the AOL Instant Messenger service). (Yahoo News -- Instant Messaging)
Gen2Media President Mary Spio Named One of 50 Most Important African Americans in Technology by eAccess Corp. Nov 12, 2009
Ms. Spio, a former Boeing engineer and digital cinema pioneer, has been named to the 10th annual list, which includes AOL CEO Richard Parsons, Federal Communications Commission Chairman Michael Powell, Al Zollar, CEO of Lotus Development Corp, and John W. Thompson, CEO Symantec Corp.. The publication, released on November 11, dubs Ms. Spio a "rocket scientist," noting that, "By age 26, she was head of digital satellite communications for Boeing. Then, she co-created the technology for the... (Primezone Releases)
Trucker's kin blame Caltrans for death plunge Nov 12, 2009
Wednesday, November 11, 2009. (11-10) 18:27 PST HAYWARD -- The family of the trucker who plummeted from the upper deck of the Bay Bridge blamed Caltrans bridge designers Tuesday for the accident that led to the Hayward man's death. (San Francisco Chronicle)
Cal will try to meet high expectations Nov 12, 2009
Vittorio Tafur, Chronicle Staff Writer. Wednesday, November 11, 2009. (San Francisco Chronicle)
