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AOL posts higher 4Q net income but revenue slides

(AP) -- Internet company AOL Inc. says its fourth-quarter net income grew from a year-ago period weighed down by hefty restructuring costs, but revenue fell sharply on weak advertising sales. The company sought to reassure ...

Time Warner profits top forecasts

Media and entertainment giant Time Warner on Wednesday reported better-than-expected profits of 560 million dollars in the second quarter.

Huffington Post launches British edition

The Huffington Post launched a British edition on Wednesday, in the first expansion outside North America for its news and opinion website.

AOL execs, some analysts see changes taking hold

(AP) -- AOL Inc. reported a $1 billion-plus second-quarter loss and tumbling revenue, yet the dismal-sounding numbers appear to belie a more positive reality: The troubled Internet company is actually chugging along on its ...

Focus on content as AOL marks 25th birthday

AOL marked its 25th birthday Monday with chief executive Tim Armstrong saying the once high-flying Web company would focus on creating quality content and advertising as it maps out its future.

Negatives aside, AOL CEO posts positive results (Update)

AOL chief executive Tim Armstrong isn't one to mince words. Over the weekend, he apologized for insensitive comments and backtracked from an unpopular plan to pay matching retirement fund contributions in a lump sum at the ...

Microsoft deal with AOL part of patent scramble

(AP) -- AOL's $1 billion deal to sell and license patents to Microsoft is another in a series of "Antiques Roadshow" moments in the technology world. Faded companies have been rummaging through their assets recently, and ...

AOL taps exec who famously warned Yahoo of trouble

(AP) -- AOL LLC has tapped former Yahoo Inc. executive Brad Garlinghouse for a key position that is meant to beef up the struggling Internet company's presence in Silicon Valley.

AOL acquires Web video company 5min Media

AOL, the once high-flying Internet portal which is seeking to make a comeback as a content company, announced Tuesday it has acquired Web video syndication firm 5min Media.

AOL to buy tech blog TechCrunch

(AP) -- AOL Inc. said Tuesday that it will buy technology blog TechCrunch and its sister sites for an undisclosed amount in a bid to expand its news production.

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