Items tagged with (NYSE:AOL)

I guess you could say that nothing surprises us anymore. After all, we learned this weekend that AOL’s dial-up business still has over 2 million customers who pay on average just under $21 per month for service. Unbelievable in this day of broadband Internet, right? Regardless of how strange that seems to those of us that salivate over the prospects of gigabit Internet, these folks clinging to 56k modems are adding millions to AOL’s bottom line. But we also have to recall that AOL has a massive digital advertising platform with a heavy focus on the mobile sector. And we also can’t forget AOL owns a wealth of popular web destinations including Engadget, TechCrunch, and The Huffington Post. With... Read more...
Remember the terrible sounds your modem used to make when dialing up access to the Internet? In the early days, you had to monitor your minutes online, practice patience as pictures downloaded at a snail's pace, and tolerate trolls who would try to boot you offline with programs called punters. It was a crappy era for the Internet, and for more than 2.1 million people, they're still tolerating some of those headaches. According to AOL's financial results for the first quarter of its fiscal 2015, over 2.1 million people in the U.S. subscribe to its dial-up Internet service. And for the privilege of connecting to the web the way the rest of us used to do it two decades ago, they're paying on average... Read more...
AOL has gone into restructuring mode and is preparing to lay off staff, as well as shut down several of its prominent website properties. At present, it's being reported that AOL is likely to turn out the lights at its primary gaming site Joystiq, and the The Unofficial Apple Weblog, better known as TUAW. However, several others could also get the axe. TechCrunch, another AOL property, seems to have the skinny on much of what's going on, though contends it's "not privy to what happens at a corporate level." Much of the information it's reporting on has come by way of an anonymous tip, which prompted the site to ask around, poking and prodding its own collection of sources. Image Source:... Read more...
Phew, talk about a close call! Winamp's days of whipping the llama's ass came this close (place your index finger and thumb really close to each other) to being over after AOL decided to pull the plug on the media player it acquired in 1999 for $80 million. AOL announced its intentions in November, saying it would dismantle Winamp five days before Christmas, but has now found a buyer instead. Rumors began to surface days after the announcement that Microsoft was interested in acquiring both Winamp and Shoutcast, the latter of which is a free Internet radio service developed by Nullsoft, the same company that built Winamp. Those rumors persisted for a month, but it wasn't Microsoft that ultimately... Read more...