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AOL Instant Messenger to sign off

AOL Instant Messenger, one of the pioneering chat applications of the internet's early days, will be shut down December 15, the company said Friday.

Microsoft sheds some of its ad business, mapping service

Microsoft is handing off some its digital advertising business to AOL and selling its street-image mapping operation to Uber, as the giant software company tries to focus on activities more relevant to its core business.

Tim Armstrong reinvents a flagging AOL

In 2009, when Tim Armstrong took over as chief executive of AOL Inc., he faced a daunting task: Turn around a company that had gone from an Internet pioneer to near obsolescence in less than a decade.

AOL signs off after 30-year connection

Over its 30-year history, the company got America on the Internet, became a corporate power, lost its luster and reinvented itself several times in an effort to stay relevant.

Merger momentum to continue in 2015, EY says

A banner year for mergers and acquisitions will be followed by more deals next year as executives grow more confident in the strength of the U.S. economy, according to the consultancy firm EY.

AOL to feed more video, news to Microsoft's MSN

AOL will provide Microsoft's MSN with more video and additional news stories from popular sites such as The Huffington Post and TechCrunch in an expansion of a deal aimed at selling more digital advertising.

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AOL

AOL LLC (formerly America Online) is an American global Internet services and media company operated by Time Warner. It is headquartered at 770 Broadway in New York, NY. Founded in 1983 as Quantum Computer Services, it has franchised its services to companies in several nations around the world or set up international versions of its services.

AOL is best known for its online software suite, also called "AOL", that allowed millions of customers around the world to access the world's largest "walled garden" online community and eventually reach out to the internet as a whole. At its zenith, AOL's membership was over 30 million members worldwide, most of whom accessed the AOL service through the AOL software suite.

On May 28, 2009, Time Warner announced that it would spin off AOL into a separate public company by the end of 2009, ending the 8 year relationship between the two companies.

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