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MySpace's new CEO promises innovation

(AP) -- The new leaders of News Corp.'s MySpace said Wednesday they need to innovate to rejuvenate the social networking site, which has suffered from stalled user growth.

AOL names yet another head of online ad business

(AP) -- AOL, the struggling Internet unit that Time Warner Inc. is likely to spin off, said Thursday that it will put a new executive in charge of its online advertising business - making him the fourth person to hold that ...

Time Warner profit down, expects to spin off AOL

US media and entertainment giant Time Warner Inc. reported a 14-percent drop in quarterly net profit on Wednesday and said it expects to spin off troubled Internet unit AOL.

Former AOL head to run News Corp. digital

Jonathan Miller, a former head of Time Warner online unit AOL, was named by News Corp. chairman Rupert Murdoch on Wednesday to oversee MySpace and other digital businesses at the media giant.

AOL names former Google executive as CEO

(AP) -- An executive from Google Inc. is becoming the latest CEO of AOL, raising hopes that he will be able to turn around Time Warner Inc.'s struggling Internet unit.

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