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Excerpt from a TechCrunch article about the potential demise of TechCrunch. Maybe AOL will try to turn it into a reality TV show.
This is a post I never thought I’d have to write. Unfortunately, I do. And the worst part about it is that it should be Michael Arrington writing this post, not me.
But he can’t.
TechCrunch is on the precipice. As soon as tomorrow, Mike may be thrown out of the company he founded. Or he may not. No one knows. And if he is, he will be replaced by — well, again, no one knows. No one knows much of anything. Certainly no one at TechCrunch.
… Continue reading: TechCrunch As We Know It May Be Over | TechCrunch
Excerpt from an AOL reality check
At this point, it seems that AOL executives would open up a lemonade stand in front of their headquarters if they thought it would help their bottom line. But the idea of a news site that covers every aspect of nascent tech companies sharing a brand name and founder with a venture capital firm financing these same companies seems almost comically over the line.
Michael Arrington’s Audacious Venture – NYTimes.com
Continue reading: Michael Arrington’s Audacious Venture – NYTimes.com
Perhaps AOL should hire Bill Wohl
But the arrangement is still fuzzy. He can still write for the popular site, but only as an unpaid blogger. His role in running the site’s lucrative technology conferences, one of which begins Sept. 12 in San Francisco, was not clear.
Mr. Arrington said he was confused by the back and forth. “I have no idea what AOL’s final position on this will be,” he said. “I look forward to hearing it.”
Editors at the AOL Huffington Post Media Group, which oversees TechCrunch and its other media properties, had been pushing for months for Mr. Arrington to give up his editorial role,… Continue reading: AOL Says Arrington No Longer Works at TechCrunch – NYTimes.com
AOL may be heading into its final chapter
For a private equity firm that’s looking for the cheapest way to get online, AOL Inc. is trading for 57 cents on the dollar.
The Internet pioneer spun off from Time Warner Inc. in 2009 plunged to a record low last week after cutting this year’s profit forecast because of slowing growth in display advertising sales. With its market capitalization reduced to $1.3 billion from a peak of $3.1 billion last year, New York-based AOL is now the cheapest relative to its net assets of any U.S. Web company with a value of more than $500 million, according to data compiled by Bloomberg.
… Continue reading: AOL Discounted Gets Last, Best Hope in Private Equity: Real M&A – Businessweek
Sort of like Flipboard, but with reduced scope and updated less frequently?…
Called Editions, the software is similar to news-aggregating mobile apps such as Flipboard and Pulse, but more focused on bringing users a finite, tailored amount of content that updates once per day. AOL’s app is being released today.
David Temkin, AOL Inc.’s head of mobile products, said the Editions team spent much of the past year trying to create an app that was like a morning newspaper, but more “sci-fi.’’
AOL targets tablet users with e-magazine – The Boston Globe
Continue reading: AOL targets tablet users with e-magazine – The Boston Globe
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