December 29, 2007 |
Netscape Navigator, the world's first commercial Web browser and the launchpad of the Internet boom, will be pulled off life support Feb. 1 after a 13-year run. Its current caretakers, Time Warner Inc.'s AOL, decided to kill further development and technical support to focus on growing the company as an advertising business. Netscape's usage dwindled with Microsoft Corp.'s entry into the browser business, and Netscape all but faded away after the birth of its open-source cousin, Firefox.
November 8, 2007 |
Harry Potter worked his magic, but continuing struggles at AOL cast a pall over Time Warner Inc.'s third-quarter financial results. The world's largest media company's movie division was one of the bright spots in Wednesday's quarterly report. Revenue there jumped 33%, boosted by the strong box-office performance of "Harry Potter and the Order of the Phoenix." Still, the AOL slowdown remains a big headache for President Jeffrey L. Bewkes, who inherits the chief executive job Jan.
November 7, 2007 |
AOL, Time Warner Inc.'s Internet unit, plans to buy online advertising company Quigo Technologies Inc. to give customers more control over where their ads appear, according to two people with knowledge of the purchase. AOL may pay as much as $340 million for New York-based Quigo, said one of the people, who declined to be identified because the deal hasn't been made public. The announcement may come as early as today, they said.
November 16, 2006 |
Time Warner Inc. on Wednesday dumped the head of AOL in favor of a career NBC Universal executive as the Internet unit struggles to transform itself into a free, ad-supported website. The replacement of AOL Chairman and Chief Executive Jon Miller with Randy Falco underscores AOL's struggle to find its place within Time Warner and in a rapidly changing Internet economy.
November 15, 2006 |
Veteran NBC Universal executive Randy Falco is being considered for a high-level job at Time Warner Inc.'s AOL division, according to two executives close to the situation. AOL's courting of Falco comes as the Internet site is trying to increase advertising. As president and chief operating officer of NBC Universal Television Group, Falco is in charge of NBC's sales force and other business operations.
November 1, 2005 |
America Online co-founder Steve Case, who orchestrated his company's often-ridiculed acquisition of Time Warner Inc., resigned from the media giant's board Monday -- just as the era of digital entertainment he envisioned is taking shape. Case's departure comes as AOL's stature within Time Warner has grown. Once a weight around the company's neck, AOL is now seen as crucial to delivering Time Warner's vast array of content, and rivals such as Microsoft Corp. and Google Inc.