New York -- Merely days after Microsoft made the biggest gamble in its 36-year history--paying $8.5 billion for Skype -- AOL Inc. has decided to dip its toe in the online video chat world with AOL AV, rolled out the first version of a free video chat service for its AIM instant messenger over the weekend that does not require users to log in or download any software.
New York -- In a bid to spread its innovation, it seems like MapQuest is prepping a massive management shakeup. The wholly owned subsidiary of AOL Inc., over the weekend announced that it has hired an ex-Googler to run Mapquest out in Denver, as a VP of Product Management: Vijay R. Bangaru, who is the third executive hire in the last three months. (more…)
New York -- Barely days after finalizing its deal with the Huffington Post, AOL Inc., on Thursday announced plans to terminate as many as 900 jobs globally as the company integrates the news website and restructures to try to return to revenue growth, according to a company memo sent by CEO Tim Armstrong, Bloomberg reported. (more…) 
New York -- Barely weeks after its purchase of the Huffington Post in a $315 million deal, AOL has once again embarked on an acquisition spree and is reportedly is reportedly purchasing local-news aggregator Outside.in for less than $10 million to bolster its own Patch news site, as the battle for hyper-local news dominance heats up, according to paidContent. (more…) 
Los Angeles -- In its second recent prominent media site acquisition, web portal AOL said tonight it has agreed to pay $315 million to acquire The Huffington Post, the influential news site co-founded in 2005 by Arianna Huffington and media executive Kenneth Lerer, and form a new media powerhouse by combining the content of both organizations. (more…) 
Los Angeles -- Internet pioneer AOL Inc. on Monday said it has agreed to buy European video distributor GoViral, saying that it "supports our overall content strategy by creating another immediate delivery path for all of the great content we are generating daily," in a deal worth $96.7 million, the latest in an acquisition spree AOL has pursued in an effort to recast itself as a destination for online video and articles. (more…)
Los Angeles -- AOL has taken its first concerted step to launch an all new magazine-like app designed specifically for the iPad app entitled "Editions", making it the second of what is expected to be a long list of iPad-exclusive digital titles on the cards, which TechCrunch suggests will be very similar to the much-hyped Flipboard news app.
New York -- AOL might be struggling, but in fact it is still trying to figure out how it can remain in business. In a major restructuring to the company's Internet content division, the company has announced new content partnerships with "The Sporting News to deliver sports content, Everyday Health for health content and Move Inc. for real estate listings," in an attempt to increase online ad revenues and cut costs. (more…)
Los Angeles -- Relentlessly striving to make good on its effort to revive its brand and expand its video programming, AOL on Wednesday announced a Web programming deal with big TV network reality show producer Endemol USA, to develop a pair of original Web series aimed at women. (more…)
New York -- In a surprising turn or events, just four days after personal profile startup About.me, threw its doors open to the public, has been scooped up by web portal AOL on Monday for and undisclosed sum. It will be incorporated with the consumer applications division, led by AOL exec Brad Garlinghouse.