Tag Archives: AOL

Techcrunch 2.0 launches backed by $2.5m investment investment

The fallout from the AOL acquisition of Techcrunch continues as former writer, Sarah Lacy, launches a news site, called PandoDaily, which is being dubbed “TechCrunch 2.0 by some.

PandoDaily, which will focus almost exclusively on tech start-ups, launches today and is backed by a number of investors including TechCrunch founder Mike Arrington, who left the site he founded in September unhappy (but richer) after the earlier sale to AOL. Read More »

The 25 most valuable blogs in the US – 2011

24/7 Wall St has published its list of the 25 most valuable blogs in the US. It is an interesting list with interesting price tags attached showing that blogs continue to be huge business. Combined they are worth almost $1 billion.

While the Huffington Post is no longer represented, it is so much bigger than that these days and seeems to have ascended to become a news organisation in its own right, the list shows how these well funded and increasingly well resourced sites compete with traditional media. Read More »

GooHoo? Google in talks about buying Yahoo!

Reports this weekend suggest Google could be lining up to buy its one time rival Yahoo!. Google is said to have spoken to at least two private equity firms about a deal to buy Yahoo!, which has been in a state of turmoil since chief executive Carol Bartz was sacked in early September.

The Wall Street Journal reported that Google and its partners have held initial discussions, but have yet to come up with a concrete proposal to buy the firm. Read More »

Down but not out: AOL finds its legs as talk of Yahoo! merger resurfaces

AOL is expected to surpass its quarterly earnings forecast, thanks to gains made in display advertising sales, according to analysts at financial firm UBS.

The much-maligned media company is to report revenues of $532m (£340m) this quarter, rather than the predicted $525m (£335m). The boost comes from year-over-year growth of its domestic display sales, up 21% for the quarter. Read More »

Arrington launches Uncrunched as rival to Techcrunch

Last year Techcrunch founder Michael Arrington sold his tech news business to AOL for around $30m, according to reports. Things went a bit rocky and very early on people were wondering how long he would last at AOL as he threw public punches at the media firm while ostensibly employed by it.

The answer was not much longer as Arrington. Earlier this month AOL parted company as this story details: Barry Diller Skewers AOL For Firing Michael Arrington. That was a Techcrunch story, by the way. It was reported everywhere including the New York Times. Read More »

Social media ends the ad race to the bottom

Content platforms evolve, splitting and dissipating audiences as they do. This has been happening in the UK ever since William Caxton’s printing press put the town crier out of work. Fast forward to Channel 4 competing against ITV for advertisers in 1982; the rise of 24-hour news channels; then the competition from digital TV, web; and today from mobile.

Digital technology sped up the process so fundamentally — allowing ad networks to offer ever-cheaper inventory from proliferating aggregators, leading to ‘low-rent’ click-throughs. These make the media buyer look good by driving down the cost per click. Read More »

Huffington Post to launch UK edition this summer

Huffington PostUS news and current affairs website Huffington Post – which was bought by AOL for $315m in February – is to launch a UK edition in the summer.

In a surprise announcement at the MediaGuardian Changing Media Summit, founder Arianna Huffington explained that the new investment meant that they could finally expand outside the US. Read More »

Yes your next CV should definitely be an infographic [infographic]

A little while ago I asked the question will your next CV be an infographic? A lot of you liked that post as it was widely shared. If you haven’t already heard by now the answer is a big fat yes courtesy of Chris Spurlock.

A couple of weeks after I asked that question Spurlock saw his  infographic  resume (below) go viral after appearing on the Huffington Post’s college site, HuffPost College.  The next step? Huffpo hired the journalism gradate to design infographics. Nice job. Read More »

Twitter founder Biz Stone to advise AOL on doing good

As Twitter passes one billion tweets a week founder Biz Stone is join AOL as a “social impact adviser”. Nice title. No he isn’t leaving Twitter. He is clearly having way too much of a good time helping to run the business. What he is going to do is advise AOL “on cause-based initiatives” and “philanthropy”.

The idea is to take some of the lessons he’s learnt working with good causes such as Charity:Water and Product RED and inject that into AOL, but can you really change a corporate culture like that? Read More »

As many as 900 jobs to go at AOL in latest cuts

AOL is to begin its next round of job cuts and it is being reported that as many as 900 could be lost. The cuts come on the heels of AOL’s $315m deal to buy the Huffington Post and the reorganisation that has followed.

Last week AOL CEO Tim Armstrong, while speaking at a conference in the US, said that there would definitely be “job changes”.  He said there was “no way around it, but we’ll do it thoughtfully”.  Many of the job cuts will hit India, which supports AOL US content operations. Read More »