John Paczkowski

Recent Posts by John Paczkowski

Time Warner on AOL: We Ought to Have That Removed…

aol_killed_byHere’s further confirmation that Time Warner (TWX) is looking to spin off AOL. In an SEC filing Monday, the company said it is seeking to amend debt agreements that restrict it from unloading the struggling business. Coming as it does after the hire of Tim Armstrong, a former Google (GOOG) executive, as AOL CEO and chairman, the move would seem to suggest that Time Warner CEO Jeff Bewkes has given up on the idea of an AOL merger with Yahoo (YHOO) and is pushing ahead full-bore with a spinoff that, frankly, always seemed like the most likely option. “We view this announcement as significant as it clears a major hurdle to spin AOL to Time Warner shareholders,” Michael Nathanson of Sanford Bernstein wrote in a note to clients Monday. “This potential move, along with the recent hiring of Tim Armstrong, suggests that the spinning of AOL could likely be announced in the next few months.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik