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AOL revives voter-driven city guide, City's Best

(AP) -- Internet company AOL Inc., pinning much of its resurrection hopes on local Web content, is bringing out of retirement a city guide that lets people vote each year for their favorite local businesses.

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.

AOL's Patch plans 500 local sites by end of year

(AP) -- AOL intends to grow its Patch network of community news sites to include more than 500 neighborhoods by the end of December - a move the struggling Internet company hopes will strengthen its online advertising business.

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.

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 ...

AOL unloads social networking site Bebo

(AP) -- AOL Inc. is paring its ambitions in online social networking, selling a website called Bebo that it bought a little more than two years ago for $850 million when AOL was still part of Time Warner Inc.

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.

AOL 1Q profit slumps as ads, subscriptions wane

(AP) -- Very little went right for AOL Inc. in the first quarter as it cut way back on staff and tried to refocus its business. The Internet company said Wednesday that tumbling online advertising revenue, along with restructuring ...

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