AOL to Pay $3M, Reform Cancel Policies
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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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Time Warner, the world&#39;s largest media-entertainment company, says it has agreed to pay a total of $US510 million ($668 million) to resolve federal probes into accounting irregularities at its America Online (AOL) units.
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Time Warner Inc.  estimates its  AOL division would lose almost &#36;1 billion in operating profit  through 2009 under a plan to offer the unit&#039;s services free to  some customers, The Wall Street Journal said on Tuesday.
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NEW YORK Time Warner, the largest US media company and owner of America Online, said Wednesday that its third-quarter profit fell 7.8 percent as it set aside money to pay for potential penalties stemming from a government inquiry into its accounting
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Time Warner is to announce today that it will pay between $500 and $600 million to settle federal investigations into irregularities at America Online, according to reports in the American press.
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Time Warner pays big to settle fraud charges against its problem child, AOL.
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The state of Ohio said on Wednesday  that it had reached a $144 million settlement with Time Warner  Inc.  on behalf of six state funds that claimed they  were defrauded after the media conglomerate merged with the  online service AOL.
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Time Warner&#39;s (TWX:NYSE - news - research) America Online division reportedly plans to cut 700 jobs next month in a concession to declining subscription rates at its flagship Internet unit.
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America Online, the country&#39;s leading Internet service, is preparing to lay off as many as 700 of its 13,000 employees in the United States, according to an executive knowledgeable about its plans.
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Internet service AOL said on Thursday  it had resolved a software problem that delayed the  transmission of millions of e-mails since the late morning.
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Time Warner is expected to announce a settlement with the Justice Department in its investigation of advertising deals between America Online and smaller Internet companies that may
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Time Warner has agreed to pay more than $500 million to settle wide-ranging criminal and civil allegations that its America Online division improperly pumped up revenue and engaged
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Time Warner Inc. said on Wednesday it agreed to pay the US government $510 million to resolve criminal and civil charges that its America Online
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Broadcaster has agreed to pay a record $3.5M to erase a number of proposed radio indecency fines, including one against the "Opie & Anthony Show" and another against shock jock Howard Stern.- The Washington Post
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NEW YORK -- AOL is getting a software makeover, its first since deciding to make more of its services available for free in the chase for online advertising dollars.
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The charges of accounting improprieties at AOL date back to 2000. Some analysts had been expecting Time Warner to pay $500 million to $600 million to settle all of its criminal and civil charges with the Justice
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Averting a looming court battle over how it has been handling 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.