Reserve is set aside for AOL
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Time Warner has said that it set aside $500 million to pay for potential penalties from a government investigation into accounting practices at America Online, a step that led to a 7.8 percent decline in profit in the third quarter.
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AOL, the world's largest internet services provider, is to split into four separate divisions to cut red tape and boost profits.
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Reports say America Online will split into four semi-autonomous segments to ease decision making. NEW YORK  - America Online is reorganizing itself into four operational units to improve decision
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For the most part, AOL's future plans are the same old story.
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It's mostly a formality at this point, but AOL is dropping support for its Netscape Web browser on February 1.
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Time Warner said yesterday that it had set aside $500 million to pay for potential penalties stemming from a government investigation into accounting practices at America Online, a step that
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Time Warner Inc.'s  AOL reached  a settlement with 48 states and the District of Columbia under  which it will change its policy on account cancellations,  officials announced on Wednesday.
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Time Warner said today it is establishing a $500 million legal reserve stemming from the on-going federal probes of its America Online unit and plans to restate the accounting for its stake
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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.&#039;s  AOL unit  may offer its full menu of services, including e-mail, free of  charge to anyone with a high-speed Internet connection, The  Wall Street Journal said on Thursday, citing people familiar  with the matter.
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Maybe I was a bit harsh last week when I was reminiscing about the days when AOL was a classic Rule Breaker. After all, Time Warner&#39;s (NYSE: TWX) online service has only lost 2 million net subscribers over the past year.
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A new, optional log-on service from America Online that makes it harder for scammers to access a persons online account will not be available for Macintosh
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America Online is testing a souped-up, totally redesigned pre-release of its widely visited AOL.com homepage. After lying dormant in the trappings of its classic design scheme, AOL.com has entered the era of high bandwidth. Much like other leading Web portals, users have their pick of news and other content feeds. Lastly, AOL has moved its search engine â powered by Google â front and center along with the most popular AOL.com destinations.
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SAN FRANCISCO -- Averting a looming court battle over how it has handled the exodus from its Internet dial-up service, AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
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(InfoWorld) - AOL is now letting anyoneÂ test drive the latest version of its search engine, which saw a significant usage drop last month, apparently causedÂ by the release of user recordsÂ and an ensuing privacy scandal. AOL's revamped search engine, which is in beta mode, is being designed with broadband users in mind, the Web portal and Internet access provider said Wednesday. This version is operational but still under construction. When finished, it will mix, in a single results page, links to different types of files, like Web pages, photos, business listings and videos. It will also have tools for people to refine queries and fine-tune results. But if the latest search engine usage report from Nielsen/NetRatings is any indication, AOL needs to focus not only on new features but also on regaining people's confidence. Last month, people in the U.S. ran 18.2 percent fewer queries on AOL's search engine, compared with August 2005, Nielsen/NetRatings announced Tuesday. That landed AOL in fourth place with 5.5 percent of queries, or about 329 million. Among the top five providers, AOL was the only one whose usage share shrunk in August. AOL also experienced a drop in July, but it was smaller at 7.8 percent. The larger drop coincides with the privacy scandal that erupted in early August over AOL's release of about 20 million search records from about 658,000 of its members. This prompted outcry from privacy advocates and a public apology from AOL. The search records, covering the three-month period between March and May, didn't include member names, but AOL tagged each person's records with a unique number. This made it possible to see what each individual searched for. The data included search queries, as well as Web sites the members clicked on to. The queries contain all sorts of sensitive information, like credit card, telephone and Social Security numbers, as well as birth dates, full names and addresses. According to Nielsen/NetRatings,Â Google finished first with a little over half of all queries, or about 3 billion. Google's query volume grew 30 percent compared with August 2005. Yahoo Inc. came in second with 24 percent of all queries. Its query volume grew 23 percent. Microsoft Corp.'s MSN fielded 10 percent of all queries, and its query volume grew 3 percent. Finally, IAC/InterActiveCorp's Ask.com finished in fifth place with a 2.3 percent share. Its query volume grew 30 percent. A Nielsen/NetRatings analyst wasn't immediately available to comment on this latest report.
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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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AOL is now free to folks who arrive via speedy broadband connections. And as part of that free service, AOL this week launched downloadable software called OpenRide.  The latest software is built around a "quad-view interface" with four visible panes on a single screen. When you click on any of them, the pane in question automatically resizes, taking up most of the screen. You can manually resize the panes as well.