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America Online

BUSINESS
March 12, 1996 | JUBE SHIVER Jr., TIMES STAFF WRITER
With a flurry of deal making that officials say could double its size within a year, America Online, long sneered at by the Internet cognoscenti, is firmly establishing itself as one of the dominant players in cyberspace.
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BUSINESS
August 8, 1997 | (Associated Press)
America Online Inc. reported a quarterly loss of $11.8 million, attributed to previously announced expenses from its move to flat-rate pricing. Its operating performance topped Wall Street's expectations, however. The Dulles, Va.-based online service, the nation's largest, said the loss for the fiscal fourth quarter, ended June 30, is the equivalent of 12 cents a share. Results were dragged down by the $24.
BUSINESS
October 7, 2005 | David Colker, Times Staff Writer
Time Warner Inc.'s America Online unit said Thursday that it was buying Weblogs Inc., a Santa Monica-based provider of popular online journals. AOL is paying $25 million in cash for privately held Weblogs, an executive familiar with the deal said. Weblogs Chief Executive Jason McCabe Calacanis, who co-founded the firm in 2003, said it now operated 90 blog sites that typically focused on specific topics.
BUSINESS
September 14, 1994 | SANDRA SUGAWARA, WASHINGTON POST
Tele-Communications Inc., the nation's largest and most influential cable company, was poised to acquire a 9% stake in America Online Inc. until Microsoft Corp. Chairman Bill Gates intervened, according to sources close to TCI. The acquisition is now on hold while TCI Chief Executive John Malone and Gates discuss whether the Vienna, Va.-based cable behemoth can invest in Marvel, the code name for the on-line service that Microsoft has been secretly developing, according to sources.
BUSINESS
September 26, 1996 | From Bloomberg Business News
America Online went offline again for about 45 minutes for some subscribers Wednesday as a technical snafu kept customers from connecting with the world's largest subscriber-based computer network. Subscribers weren't able to dial into the service between about 3 and 3:45 p.m. Pacific time, the company said. Customers who were already online using the service weren't affected.
BUSINESS
December 29, 1998 | From Bloomberg News
America Online Inc., the No. 1 online service, filed a lawsuit in an effort to stop its customers from being flooded with millions of unsolicited pieces of "junk" e-mail. The suit, filed in federal court in San Diego against Michael Persaud, alleges he committed fraud by using various names to send millions of e-mail messages to America Online customers. Those messages solicit money in exchange for a directory of companies that offer home employment.
BUSINESS
September 13, 2002 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
A month after taking over as chairman and chief executive of AOL Time Warner's troubled America Online subsidiary, Jonathan Miller seized the reins more firmly Thursday, shuffling executives and unveiling a "streamlined management structure" with all key departments reporting directly to him.
BUSINESS
March 22, 2005 | From Times Staff and Wire Reports
The Securities and Exchange Commission said Monday that it had approved Time Warner Inc.'s proposal to pay $300 million to settle charges that it overstated advertising revenue and subscription numbers for its America Online unit. SEC officials said the company would restate financial results by reducing its reported online advertising revenue by about $500 million for the fourth quarter of 2000 through 2002, in addition to the $190 million it had already restated.
BUSINESS
June 22, 1999 | From Bloomberg News
Microsoft Corp.'s economics expert testified that America Online Inc.'s acquisition of Netscape Communications Corp. gives new impetus to competition in software technology that lets computer users browse the Web. Economist Richard Schmalensee, the last witness at Microsoft's antitrust trial, said the company's domination of Internet software technology through its Windows line is more vulnerable as the result of AOL's $10.2-billion purchase of Netscape, which makes the Navigator Web browser.
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