AOL Black Voices, BET.com Unveil Redesigns
Ever since AOL purchased The Huffington Post and basically made Arianna the new editor of…well…everything, she hasn’t wasted anytime. In the few weeks since the merger, AOL’s Black Voices site has already released a beta version. Not one to be outdone, competitor website BET.com has also launched its beta version this week. I took some [...]
Read MoreAOL Cuts 900 Jobs After $315 Million Purchase of Huffington Post
AOL will cut 200 jobs in the U.S. and 700 in India said CEO Tim Armstrong Thursday at the Bloomberg Media Summit in New York City. Armstrong says that AOL’s staff is moving toward 70% editorial and other content divisions. They are also moving to having less freelancers and more full-time staff. The Huffington Post [...]
Read More$315 Million Huffington Post Acquisition Closed After One Month
It was only a month ago that AOL agreed to acquire the Huffington Post for $315 million. Now, the deal has been finalized. Arianna Huffington is officially President and Editor in Chief of what is now called the Huffington Post Media Group: “a leading source of news, opinion, entertainment, community, and digital information.” This group [...]
Read MoreAOL Acquires The Huffington Post for $315 Million
Following their strategy to become the premier content network with local, national, and international reach, AOL has agreed to acquire the Huffington Post for $315 million, approximately $300 million of which will be paid in cash funded from cash on hand. Founded in 2005, The Huffington Post currently sees about 25 million unique visitors per [...]
Read MoreTech Week in Review 11-19-2010
OnLive Cloud Gaming System Coming to Your TV Remember Web TV? Yeah, me neither, but founder Steve Perlman has moved on to bigger and better things. His startup OnLive Inc. has an online game service that will be available for your TV for the holidays. OnLive will be selling a tiny device called a “micro-console” [...]
Read MoreAOL Looking to Buy Yahoo?
Rumors have been circulating for about a week now that AOL and Yahoo could merge. More recently, the talk is that AOL Inc., along with several private equity firms, is looking to buy Yahoo Inc. and merge the two companies. This latest comes from a report by WSJ: Silver Lake Partners and Blackstone Group LP [...]
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