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Detailed Notes From CEO Armstrong's All-Hands Meeting for AOL Staff Today

Kara Swisher in News on May 29, 2009 at 4:24 pm PT

After officially announcing that AOL was going to be spun off yesterday, Tim Armstrong, the CEO of the Time Warner online unit, held an all-hands meeting for employees today. BoomTown reported the details of the new structure of AOL yesterday, which the former Google advertising exec discussed at the gathering. Here is a quick synopsis of the meeting, which included a focus on content, advertising and making AOL’s acquisitions work better via a new ventures unit. Also, a dash of Googleyness.

AOL Ad Head Clarizio Out–Being Replaced by Former Yahoo Sales Head Coleman

Kara Swisher in News on February 3, 2009 at 8:30 am PT

The game of executive musical chairs among Web companies keeps on going, with sources telling BoomTown that AOL ad head Lynda Clarizio will be departing the online service and be replaced by former high-ranking Yahoo advertising exec Greg Coleman. The move at AOL, which has been in the works for only a week, could be announced as early as today, although I have been hearing rumors of such a development since late last week. Both AOL’s content and communications units have been getting an overhaul of late, and now it seems it is time for its lackluster ad business.

AOL CEO Randy Falco's Entire Memo to the Troops on Layoffs

Kara Swisher in News on January 28, 2009 at 10:37 am PT

Here is the letter AOL CEO Randy Falco has penned to the entire staff about its layoffs of 10 percent of its workforce–or 700 people–and other cost cuts, which the online service is announcing today. “We’re at a pivotal point in AOL’s transformation, and need to be even more strategically focused and operationally efficient as we weather the economic storm,” wrote Falco, in part, about the move.

What the Combined Yahoo-AOL Might Look Like, as Talks Drag On–Oops–Heat Up!

Kara Swisher in News on October 8, 2008 at 12:40 am PT

As has been copiously reported here and all over, Yahoo and AOL have been engaged in never-ending talks about a possible deal to merge their flagging Internet businesses. Now, sources tell me, the circle of executives at both companies interfacing with each other has been widened, for purposes of due diligence. That includes Yahoo CEO Jerry Yang, who is in New York this week–where AOL parent, Time Warner, is located–to meet once again with its CEO, Jeff Bewkes, to see if they can actually complete the merger. Now, all this frantic activity does not mean a deal will necessarily be struck. But it is just this kind of ramped-up blabbery that has many at both companies predicting that a deal will go through, sooner or later, as soon as Time Warner and Yahoo can agree on a price.

BoomTown Plea to Jeff Bewkes: Free Jon Miller!

Kara Swisher in News on August 1, 2008 at 4:41 pm PT

Yesterday, in what feels to BoomTown to be a deeply petty move, Time Warner said that it had blocked former AOL head Jon Miller from being considered as a possible Yahoo board member. The reason is a noncompete Miller signed, part of a severance agreement he reached with the media giant after it unceremoniously tossed him out in late 2006. A Time Warner spokesman said Miller was barred from working “for a variety of competitors, including Yahoo, until March of 2009.” Like it matters.