34 posts and columns on ICQ
Forgive me if this is old news, but it seemed new to me: AOL says it has sold off its stake in Kayak, the giant travel site (okay, not giant, but big among the iPad-owning tech set, at least), for $19 million. The company mentions the deal as an aside in its Q2 earnings release and says the deal closed late last month. It had owned a chunk of Kayak since 2004; the sale is part of an overall slim-down effort that has seen the company dump Bebo and ICQ, among other assets.
While in Washington, D.C., recently, I paid a visit to Jim Bankoff, who is now helming a fascinating start-up called SB Nation, a fast-growing sports blog and news platform. With over 200 individual communities, it’s a mix of professional and user-generated content aimed at engaging passionate fans.
Another marker in Tim Armstrong’s campaign to undo just about every part the old regime at AOL: The company has sold Buy.at, an affiliate marketing company it bought two years ago. Meanwhile, we’re still waiting to hear what happens to ICQ, among other assets.
AOL is about to cut ties to Time Warner, and CEO Tim Armstrong has been making his case to current and potential investors. Here’s one last pitch, delivered to the crowd at the annual UBS Media and Communications Conference in New York.