Time Warner Will Split AOL
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NEW YORK -- Time Warner Inc.'s new CEO Jeff Bewkes laid out his vision for changes at the media conglomerate Wednesday, including dividing AOL's online access and advertising businesses and possibly spinning off the rest of the company's cable division.
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Time Warner Inc.&#039;s  AOL unit is  considering offering its services, except for Internet access,  free of charge to anyone with a high-speed connection, a source  familiar with the plans said on Thursday.
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Time Warner hopes that separating the Internet access business will make it easier to sell, spin out, or form partnerships with the rest of AOL. But it may have to go it alone.
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Time Warner Inc.&#039;s AOL LLC online unit is considering giving away more of its services, including e-mail, to customers who already have a high-speed Internet connection, a person familiar with the discussions said Thursday.
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America Online Inc. and Time Warner Cable finally overcame their differences yesterday, putting in place a partnership to connect computer users to the Internet that was cited five years ago as a key reason for the &#36;112 billion America Online-Time Warner Inc. merger.
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AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement.
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AOL accounts facTime Warner has finalised a deal with Federal authorities over fraud allegations against its AOL subsidiary. Under the terms of the deals, Time Warner will pay fines totalling some $510mn and
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Time Warner will run the Internet access and audience businesses of its AOL segment independently, the company said today.
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America Online, the world&#39;s largest Internet service provider, plans to lay off more than 700 employees early next month, or 5 percent of its US work force, to cut costs and meet financial goals, a source close to the company said on
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Time Warner Inc. said Thursday it agreed to sell AOL France's Internet access business to Neuf Cegetel, a French telecommunications network operator, for about $365 million in cash.
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Time Warner Inc. said Wednesday it agreed to sell AOL France's Internet access business to Neuf Cegetel, a French telecommunications network operator, for about $365 million in cash.
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AOL stepped up its transformation from Internet access provider into an ad-driven business Monday as it announced plans to move its corporate headquarters and consolidate its advertising operations.
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Time Warner Inc. is giving up its foothold in one of the fastest-growing markets for broadband Internet access with a deal to sell AOL Germany's Internet access business to Telecom Italia SpA for about $870 million.
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Time Warner's struggling Internet unit AOL said it was likely to lay off about 5,000 employees, or a quarter of its global workforce, in the next six months.
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Time Warner Inc.'s  AOL on  Wednesday said it will give away e-mail, software and other Web  services for free to high-speed Internet users in a bid to  boost online advertising sales.
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Time Warner Inc.  on Wednesday  said its AOL unit will no longer charge high-speed Internet  users for e-mail and other Web services in a gambit to attract  more viewers and boost online advertising.
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Time Warner is "looking hard" at selling off the internet access portion of its AOL division over the next 12-18 months, Time Warner CEO Richard Parsons said on Tuesday.