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AOL (America Online) began as an internet service provider and has grown to be a massive network of content, products, and software. The company merged with Time Warner in 2001 following a year-long approval process, creating a new company called "AOL Time Warner." In 2003, the company dropped the "AOL" from its name, and that title went back to referring exclusively to the online community and service. On January 28, 2009, the company announced that it would cut 700 employees due to the week economy and advertising market, totally about 10% of their entire staff.All Things Digital: AOL to Layoff 10 Percent of Staff (January 28, 2009)
On June 11, 2009, AOL announced that they had required the news website Patch and Going.http://news.cnet.com/8301-13577_3-10262680-36.html
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Fast Facts
- Founded: 1983
- Merged with Time Warner in 2001CrunchBase: AOL profile
- CEO and Chairman: Randy FalcoCrunchBase: AOL profile
- Headquarters: Dulles, VirginiaCrunchBase: AOL profile
- Headquarters: 770 Broadway Manhattan, New York City
- Employees: 8,000CrunchBase: AOL profile (2006)
- Formerly called "Quantum Computer Services"
- Began as an online-gaming service for Atari 2600 users
- Valued at $5.5 billionAll Things Digital: AOL to Layoff 10 Percent of Staff (January 28, 2009)
- Acquired companies include Bebo, Quigo Technologies, Sphere, Weblogs, Inc. and SocialThing
- June 12th, 2009: AOL acquires Patch Media Corp. and Going Inc.
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History
The company that eventually became AOL initially started out in a few other directions including music on demand and online video game services. AOL didn't really start to become the online community its known for today until 1991. At the time other similar services like CompuServe and Prodigy offered some of the first pay dial-up communities. Once AOL surpassed the 10 million subscriber count in 2006 they had welcome become the largest such online community. As other providers started to allow for direct access to the public Internet, AOL was slow to respond. Subscriptions numbers fell as well as AOL's once high value of $240 Billion. Lately the company has repositioned itself as a content provider, similar to companies like Yahoo. -
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Page revenue is subject to change as we obtain data from our partners
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AOL thinks local, acquires Patch and Going
The purchase of the two companies--one of which was founded by new AOL CEO Tim Armstrong--aims to beef up the conglomerate's offering of local services. Read this blog post by Caroline McCarthy on The Social.news.cnet.com -
AOL Money & Finance
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Official Site: AOL
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Latest realtime chatter on AOL From Twitter. Powered by Twitter
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@ahmong LOLOL that's a smart idea. I even offered to make him a Korean CD. I should demand for a raise in exchange for one!
@nessaaaaa | November 05, 2009 01:11 AM -
"And who am I? that's a secret I never tell... They love me... xo xo... gossip girl!"
@jessikaacampos | November 05, 2009 01:11 AM -
Let's go #phillies and #rockets! Bio lab stuff -_-. my lab group is so beeeaaatt.
@RipJ | November 05, 2009 01:11 AM -
Pedro's Jerry curl is out in full force tonight. I like the #phillies chances now
@jonlevett | November 05, 2009 01:11 AM -
@YaNkEEFiTTeD365 Quit bein nervous where's da confidence in ya team? #Yankees
@PrttyBella | November 05, 2009 01:11 AM
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AOL News
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AOL, On The Verge Of Independence, Weighs On Parent
By John Letzing Media giant Time Warner Inc. (TWX) disclosed Wednesday that it's on track to spin off AOL as an independent entity, even as the Internet ...Wall Street Journal (November 04, 2009) -
Time Warner Inc. Updates 2009 Full-Year Business Outlook and Provides 2009 ...
In anticipation of the Company`s separation of AOL, which is expected to be completed in December 2009, Time Warner is also providing a full-year outlook ...Reuters (November 04, 2009) -
Weezer Record Most Random AOL Sessions EVER.
Weezer recently dropped in to record a few live tracks for AOL's Sessions site. Let's see what we have here... 1. "I'm Your Daddy" - A brand new Raditude ...MOG (November 03, 2009) -
BlackBerry Offers Low-Hanging Fruit
By MARTIN PEERS Is smart-phone pioneer BlackBerry in danger of becoming the AOL of the mobile-device market? Verizon Wireless's launch on Friday of the ...Wall Street Journal (November 04, 2009)
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Questions and Answers About AOL | View All | Ask a Question
View All AOL Questions (54) | Ask a QuestionHistory of AOL Layoffs (2 Answers)Boomtown announced on January 28, 2009 that AOL, which is one of Time Warner online units, is cutting 700 employees, approximately 10 percent of its workforce. Most of the layoffs ... read moreWhat is the easiest way to export your AOL contacts? (1 Answer)Everywhere I look, the solution is not easy. Basically, AOL 'own' you - to put it nicely :) Here is one that does not require a software: http://www.techspot.com/vb/topic2833.html The following ... read moreEvery time my friend forwards an email from AOL, the recipient receives a blank email. How can this be fixed?? (2 Answers)Check to see if you have included a blank signature. That will result in messages forwarded being blank. read moreWill Yahoo and AOL merge? (2 Answers)This is highly unlikely. They are two losing companies, so why would they merge? It would be smart if they partnered years ago, possibly, but merge, I don't think so. ... read more
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AOL for Dummies - $24.99
Amazon.com: AOL for Dummies (9780764558115): John Kaufeld, Ted Leonsis: Books
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