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TechRadar (Free subscription) | 17 hours ago
Troubled internet giant (and how often have we used that phrase recently') AOL took a step closer to the end of its partnership with Time Warner this week when it announced a huge round of job cuts. The company said it would lose 2,500 staff in the next few weeks as part of its plans to separate from the parent body entirely by 9 December. Independent company After the shift down from 20,000 employees...
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Reuters (Free subscription) | 15 hours ago
NEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
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m@ | überesque vägaries. (Free subscription) | yesterday
I can't wait until Hulu / iTunes / whomever makes cable service completely obsolete. We're so close... Dear Time Warner Cable, I find this response unacceptable. I clearly found your support email from your website because I did not find the information I was looking for. You do not clearly advertise your rates for EXISTING customers, and even trying to add services through your online experience...
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Financial Skeptic (Free subscription) | yesterday
Time Warner (TWX) decides to sell off AOL. At the same time they announce they will reduce the AOL work force by one third. So basically the board of directors knew they had to cut one third if not more and kept these guys around, destroyed shareholder wealth and are now sufficiently hypocritical by trying to unload AOL with the lead headline that the staffing is bloated.
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Fox News (Free subscription) | 19/11/2009
AOL Inc., the struggling Internet company, plans to cut about a third of its workers if its planned spinoff from Time Warner Inc. goes through.
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San Diego Union (Free subscription) | yesterday
For the fourth straight year, the NFL will present a Thanksgiving television tripleheader ... to about half the country.
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The Telegraph (Free subscription) | 19/11/2009
AOL is to axe more than a third of its workforce as it slims down ahead of its separation from Time Warner.
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France 24 (Free subscription) | 19/11/2009
AOL will cuts some 2,500 jobs, or one-third or its workforce, under the plan to spin off the Internet firm from media giant Time Warner, company officials said Thursday. The cuts are part of a plan to save 300 million dollars at AOL, which is to regain its independence on December 9, executives said. AOL spokeswoman Tricia Primrose said a voluntary departure program will begin December 4, seeking...
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IndyPosted (Free subscription) | 4 hours ago
It won't be a very merry Christmas for about 2,500 AOL employees come December when the company has announced they'll be cutting nearly 2,500 employees. AOL is preparing to split off from Time Warner who they purchased for $106 Billion in 2001 and forming a separately traded AOL stock option. The cuts ...
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Mike Lynch Cartoons (Free subscription) | 3 hours ago
From my pal Juana Medina , who is the final days of her final semester at the Rhode Island School of Design comes this video. From her description: Cavan Huang, from Time Warner, came to RISD for a short workshop. We pulled this literally in 12 hours... and here's the result! ©2009 by Campbell George, Jess Yan, Katie Koti and Juana Medina It shows you what some creative people with half a day...
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TechCrunch (Free subscription) | 9 hours ago
Last week, it was reported that AOL - amid restructuring efforts in the lead-up to the imminent Time Warner spin-off and IPO - was putting its instant messaging service unit ICQ on the block and had hired bankers Allen & Co. and Morgan Stanley to assist in the sales process. According to the reports, AOL was looking to offload the asset for $300 million and talking to a pair of non-US companies...
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DV Hardware (Free subscription) | 9 hours ago
AllThingD claims AOL has hired Morgan Stanley and Allen & Co. investment bankers to sell ICQ. The company is reportedly trying to get $300 million from the sale of the instant messaging client, which it bought for $287 million in 1998, with another $125 million in earnouts for the team then. One source said ICQ has about 100 employees and is moderately profitable. ICQ has lost most of the glory...
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Click World News (Free subscription) | 18 hours ago
Sherwin Siy (one of the few people who actually was allowed to glance briefly at parts of the proposed ACTA treaty, though under strict NDA) has written about yet another letter sent by the entertainment industry to the government in support of ACTA. This letter includes pretty much everyone who benefits from abusing copyright laws and is afraid of the internet: Advertising Photographers of America...
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MediaBistro.com (Free subscription) | yesterday
Yesterday AOL revealed that it was looking to cut one-third of its staff as it heads towards its spin off from parent company Time Warner and looks to trim $300 million from its annual operating costs. But, as our sister blog WebNewser pointed out today , today's Wall Street Journal actually has some good news about AOL for journos: "AOL is still hiring for some positions that [CEO Tim Armstrong...