Tag archive: Tim Armstrong

Toward the end of last year, industry reports had struggling Internet portal AOL considering a deal backed by private equity companies to split itself up and wind up merged with or acquiring Yahoo. Industry watchers considered the deal a long shot—especially since it hinged on Yahoo divesting its Asian assets—and apparently AOL now agrees with them: at the Reuters Global Technology Summit in New York, AOL CEO Tim Armstrong… Read More

AOL recently made headlines by buying top-tier blogging site The Huffington Post in hopes of bolstering its content stable and attracting more advertising dollars; now, CEO Tim Armstrong is demonstrating his personal confidence in AOL's future by doubling-down on his investment with the company. According to new SEC filings, Armstrong has purchased 477,000 additional shares of the company at $20.97 each, for a total buy of about $10… Read More

How the mighty have fallen—and continue to stumble. Web portal and online advertising company AOL formerly spun free from corporate parent Time Warner in late 2009, and under the leadership of former Google executive Tim Armstrong has been trying to carve out a niche for itself in online advertising and as a destination portal for premium content, music, and videos…but if the newly-free company's first quarter results are… Read More

It’s been 14 months since the AOL-owned social networking site Bebo had a global chief executive. It’s been without one, in fact, since Joanna Shields left the post. She’d helped engineer the sale of Bebo to AOL for $850 million in March 2008. After leaving her role as Bebo chief exec in May last year, Shields went on to become the boss of AOL’s People Network division before leaving the company entirely in May.… Read More

Google announced today that it plans to acquire dMarc Broadcasting for a $102 million up-front fee plus additional payments which may total as much as $1.14 billion over the next three years, depending on revenue, ad inventory targets, and success meeting product integration goals. dMarc Broadcasting is a privately-held radio advertising firm which offers an automated platform to advertisers, streamlining the processor of buying,… Read More