New media websites are on a roll, showered with dollars from venture capitalists betting that they will crack the advertising market.» Read More
Vodafone shareholders set to receive one of the biggest ever payouts from a corporate asset sale on Tuesday cheered the $130 billion deal the group struck with Verizon, but for some, the agreement presents a conundrum.
Vodafone's priority following the $130 billion sale of its stake in Verizon Wireless will be to use the cash pile for accelerating investment in its own wireless networks.
So what was the most popular U.S. website last month? Not Google (sort of). Turns out that Yahoo had the most unique monthly visitors in July, beating even the search king.
A federal judge on Monday dismissed a lawsuit accusing AOL and some of its executives of fraud for repurchasing 14.8 million shares in 2011.
Some of the names on the move ahead of the open.
NEW YORK, Aug 19- A federal judge on Monday dismissed a lawsuit accusing AOL Inc and some of its executives of fraud for repurchasing 14.8 million shares in 2011 without disclosing that the company would sell a $1 billion portfolio of patents to Microsoft Corp months later.
"You shouldn't fire someone in public" seemed to be on everyone's lips this week, thanks to an episode at AOL. Of course when a CEO gets fired, it's always very public.
Aug 16- AOL Inc said on Friday that it would cut a substantial number of jobs at its money-losing Patch local news site business, and a source close to the company said about half of the staff of 1,000 was being laid off.
Aug 16- AOL Inc said it would cut a substantial number of jobs at its Patch local news site business, as it tries to return the unit to profitability. The company said it would consolidate or close some Patch sites to cut costs and partner with other media in some locations.
AOL's Tim Armstrong fired an employee on a conference call. Armstrong has since issued an internal memo apologizing for his actions. Former Medtronic Chairman & CEO Bill George, and Marcus Lemonis, host of "The Profit," discuss.
AOL CEO Tim Armstrong has apologized after publicly firing an employee. Edward Freeman, a professor at the University of Virginia Darden School of Business, weighs in.
AOL CEO Tim Armstrong is apologizing for the way he fired Patch Creative Director Abel Lenz. CNBC's Julia Boorstin has the details.
CEO of AOL issued an unusual apology on Tuesday to his entire staff for the public manner in which he fired an employee during an internal conference call. The NYT reports.
Aug 13- AOL Inc Chief Executive Tim Armstrong said in a staff memo on Tuesday that he made a mistake in publicly firing an employee last Friday in front of a thousand workers. A recording had been leaked to the media in which Armstrong is heard firing Abel Lenz, a creative director at AOL's Patch unit, after he tells Lenz to put down his camera.
CNBC's Julia Boorstin speaks with Steve Case, the co-founder of AOL and CEO of Revolution, about the news Tim Armstrong allegedly fired a Patch employee, as well as his thoughts on immigration reform, and entrepreneurship outside of Silicon Valley.
It’s hard to enjoy the lazy days of summer when there’s so much to worry about: debt ceiling, the next Fed chairman and the bad portents of the “Hindenburg Omen.”
AOL chief Tim Armstrong reportedly fired a top executive during a mass conference call. CNBC's Julia Boorstin has the details.
CNBC's Julia Boorstin shows a leaked clip of AOL CEO Tim Armstrong reportedly firing a Patch.com employee. Armstrong co-founded Patch.com, and sold it to AOL in 2007.
U.S. authorities are investigating Deutsche Börse's "Need to Know News" service, and AOL CEO Tim Armstrong reportedly fired an employee on a conference call. CNBC's John Carney and Bob Pisani, discuss.
AOL chief Tim Armstrong told employees of Patch that if they're not on board with the company's strategy, then they should leave. CNBC's Julia Boorstin reports.