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AOL's Armstrong: Some Patches DID TurnIt's not like AOL chairman Tim Armstrong to hide his light under a bushel, but when it comes to Patch, the company's hyperlocal network, he may have done just that on this morning's earnings call. During a follow-up call with press, Armstrong said that, in fact, AOL did meet its long-held goal of coaxing some Patch sites into profitability last year, although he was careful to qualify that ...
Posted on 1 February 2012 | 5:00 pm
AOL’s Tim Armstrong On: Project Devil,Following up with their company’s financial earnings being released this morning, Tim Armstrong, AOL CEO and Chairman, and Arte Minson, AOL CFO, took some time this morning to conduct a Q&A with the media about the implications of the Q4 …
Posted on 1 February 2012 | 4:33 pm
Is AOL Retreating on Its Patch ProfitabilityFor quite some time now, AOL CEO Tim Armstrong has been telling investors that parts of Patch, the company's network of hyperlocal news sites, would cross over into the black by the end of 2011 in a "rolling thunder" of profitability. But on the company's year-end earnings call Wednesday, there was nary a rumble.
Posted on 1 February 2012 | 2:44 pm
AOL Profit Declines 66% in Fourth QuarterGeorg Szalai UPDATED: The stock jumps as the Internet firm, led by chairman and CEO Tim Armstrong, beat Wall Street expectations and reported a 3 percent revenue drop, the smallest decrease in five years. read more
Posted on 1 February 2012 | 12:32 pm
Huffington Post cuffs ArmstrongDon’t expect Tim Armstrong to send Arianna Huffington flowers as an anniversary gift. One year after getting into bed with the media princess and plunking down $135 million to buy the Huffington Post, the AOL boss has seen traffic on his Web site fall to where the ubiquitous e-mail...
Posted on 29 January 2012 | 4:36 am

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