AOL has announced its first quarter earnings, which result in higher revenues than what is expected by analysts. The company reported $529.4 million in...

Facebook and Microsoft announced today a definitive agreement which the software giant will assign to Facebook the right to purchase a portion of the patent portfolio the company recently acquired from America Online. Facebook has agreed to purchase this portion for $550 million in cash. As a result of today’s agreement, Facebook will obtain ownership of approximately...

America Online (AOL) which recently announced that the company has entered into a definitive agreement to sell over 800, keeping over 300 significant...

America Online (AOL) today announced that the company has entered into a definitive agreement to sell over 800, keeping over 300 significant patent portfolios to itself, of its patents and their related patent applications to Microsoft granting the software giant a non-exclusive license to its retained patent portfolio for aggregate proceeds of $1.056 billion in cash. “The...

Gizmodo is reporting that a number of users been effected with the recent login problem that surrounds AOL. The publication states that many of individuals...

Yesterday we reported that America Online (AOL) have reportedly told The NYT that a total of over 100 people will be eliminated over the coming weeks. AOL is pruning employees for several of its web services, including the AOL Instant Messenger. Today, AOL seems insisting to ComputerWorld that the company is not getting rid of Instant Messenger service, claiming that...

America Online employees laid off seems not to be ending soon, the company recently fired over 40 employees last week and now the Executives at AOL have reportedly told The NYT that a total of over 100 people will be eliminated over the coming weeks. AOL is pruning employees for several of its web services, including the AOL Instant Messenger. AOL has also confirmed that...

With the news rounding up last week that America Online (AOL) is going to sack 50 of its employee from its AIM unit, it is confirmed that AOL is making...

With three companies already in the line-up of cutting jobs – HP firing some 275 employees from its webOS division, IBM sacking about 1,000 employees working in the company’s US division – gaming company Activision Blizzard cutting jobs of about 600 employees – adding a new on the same tone – America Online (AOL) plans to lay off as many as 50 employees at its...

America Online (AOL) has recently been targeted by activist shareholder Starboard Value, which put up an alternate slate of directors last week in a brewing proxy battle – adding more to the news – people in the three major announced that they were resigning from the company. The first is AOL’s CTO Alex Gornares resigned from the company – during his tenure with...