Meet MediaGlow, the third "core business" for AOL and a much-needed overarching unit for its many blogs and content brands. But given the ad climate, is it too late?
Divisions of the company have been renamed to bring the word "AOL" back into them, according to Twitter posts coming from a massive staff meeting hosted by CEO Tim Armstrong.
Greg Coleman, who left Yahoo early in 2008, will take over from acting Platform-A head Lynda Clazirio.
CEO Randy Falco cites deepening recession and desire to focus on core businesses as rationale for consolidation plan and 10 percent workforce reduction.
The FriendFeed-like service will be worked into the entertainment conglomerate's digital properties so that members can share content and see what their friends are doing.
The technology conglomerate's MSN division launches Wonderwall, a new entertainment news site that aggregates content from others. As if we didn't have enough of those already.
Yahoo adds third-party functionality such as Wikipedia summaries to its search results, with the help of its SearchMonkey platform.
It's been one of digital media's foremost will-it-or-won't-it-happen stories. But with a new CEO and Time Warner execs seeking to remove debt from the division, this could actually happen.
In a talk hosted by The Atlantic, the AOL CEO expounds upon why he thinks a mix of free and paid content is the ultimate solution, as well as how AOL plans to delve into untapped local markets.