Web

AOL sale looming?

aol for saleAOL has been in a state of flux for awhile now, attempting to keep its brand alive with mergers and new platforms. But nothing’s been able to stick, and profits and subscriptions haven’t been anything to brag to investors about. This is enough cause for speculation regarding a sale or yet another HuffPo sized merger – especially given AdWeek’s (the site shares a building with AOL) inside scoop that AOL is meeting with a prestigious M&A team.

According to the report, AOL is working with Wachtell, Lipton, Rosen & Katz as well as Allen & Company LLC. Both of these firms are infamously attached to large mergers and acquisition dealings, and the retainer coupled with AOL’s public missteps is enough to raise a few eyebrows, despite any denials. “There is no deal on the table, no proposed deal…” CEO Tim Armstrong says. “…Our strategy hasn’t changed and we are moving faster than ever on it.” Of course, this means little more than that at the moment, no offer has been made or worth considering quite yet.  

If the name Lipton sounds familiar, that’s because he’s the attorney behind the “poison pill” defense. It’s a tactic use by a business’ board to stop a hostile takeover of the company. The firm is behind some of the most well-known M&A litigations, including those from AT&T and JP Morgan Chase.

An AOL insider tells AdWeek that the move is purely for show in order to raise the company’s stock worth—which might be working. AOL stock rose 8.8 percent yesterday afternoon, and it makes it look like a more valuable asset to potential buyers. We could be looking at the very beginnings of a buyout, spinoff, or break-up of one of Internet media’s veterans. The real question is who the interested parties might be.

Considering that AOL’s stock is trading incredibly low, it’s a fairly attractive option for some companies. A merger with Yahoo, a fellow struggling former Internet titan, is a rumor that began some three years ago and has never quite died. What could also attract buyers is the fact that AOL parts are worth more than its sum. Properties like Advertising.com, TechCrunch, MapQuest, and Moviefone could net some tempting offers. Even Patch (which is almost undeniably broken) might be a good fit elsewhere. At the moment, closing Patch would actually save AOL some serious money and boost it into being profitable – of course, that’s only a short-term fix. 

Whatever the exact outcome, retaining these firms likely means big change is heading to AOL in the near future.

Smart Home

Tannenbaum in a box? You can order a real, 7-foot-tall Christmas tree from Amazon

If you have fond memories of going out with your family and searching for the perfect Christmas tree, well, Amazon wants to create its own holiday tradition, This year, you'll be able to order a real, seven-foot tree from Amazon.
Gaming

Your PlayStation 4 game library isn't complete without these games

Looking for the best PS4 games out there? Out of the massive crop of titles available, we selected the best you should buy. No matter what your genre of choice may be, there's something here for you.
Gaming

These are the best Xbox One games out right now

More than four years into its lifespan, Microsoft's latest console is finally coming into its own. From 'Cuphead' to 'Halo 5,' the best Xbox One games offer something for everyone.
Gaming

The hottest Nintendo Switch games you can get right now

The Nintendo Switch's lineup started off small, but games have steadily released as the console continues through its second year. Here are the best Nintendo Switch games available now, from Super Mario Odyssey to Fortnite.
Mobile

From true crime to comedy, here's our list of the best podcasts around

When you aren’t in the music mood, podcasts can be your ear candy. Whether you love to stay up-to-date on the latest news or want to know what’s happening in sports, you’ll find something on our must-listen-to podcast roundup.
Social Media

Facebook expands fact-checking net to try to catch doctored photos and videos

Facebook is now fact-checking images and video along with articles, using third-party organizations. New A.I. helps flag potential fakes for human review, but user flags and comments still help recognize what content might not be accurate.
Web

Firefox Reality wants to bring the ‘whimsical web’ to VR

Mozilla launched a VR-powered web browser today called Firefox Reality. But just what does browsing the web in VR feel like? We went hands-on with this new browser to see how Mozilla imagines the future of virtual reality content.
Emerging Tech

Stay up-to-date on Hurricane Florence’s path with these apps and websites

Looking to track Hurricane Florence's path towards the U.S. coast? This list of the best hurricane apps and websites with help you stay ahead of this or any future storm, and stay safe.
Computing

How to easily record your laptop screen with apps you already have

Learning how to record your computer screen shouldn't be a challenge. Lucky for you, our comprehensive guide lays out how to do so using a host of methods, including both free and premium utilities, in both MacOS and Windows 10.
Social Media

How to run a free background check

There are plenty of legitimate reasons for carrying out a background check, and not all of them are creepy. Here are several methods that allow you to run a thorough background check on someone online, whether you need to vet a potential…
Computing

Is your Wi-Fi screwing up again? Here's our list of the best wireless routers

Check out the best wireless routers for a variety of homes and apartments. We've collected the top routers for wireless management, 4K streaming, professional gaming, Wi-fi on a budget, and much more. Take a look at our top pick, then check…
Computing

Need to convert video in a flash? These free apps and services will do the job

Devices that are capable of playing video can be a picky bunch to say the least. Fortunately, the best free video converters can render format issues a thing of the past. Here are our current favorites.
Gaming

YouTube has a new destination for gamers as it plans to shutter gaming app

YouTube is shuttering its gaming app early next year and turning its attention to developing a brand-new gaming destination on its main site. The app launched in 2015 as part of efforts to take on video-gaming platform Twitch.
Smart Home

Is Amazon tweaking its search algorithms with a new A.I.-driven shopping site?

Amazon is testing a new shopping site, Amazon Scout, which combines a visual aesthetic with customers' ability to like and dislike products, collecting more data on users' habits and preferences.