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Ad sales figure poor, AOL on sacking spree
Oct 16 2007, Krish

After making a strategic shift into advertising only last fall and chucking off as many as 5,000 employees, fallen Internet giant AOL is once again repeating its job trim.

This time 20% of its total global workforce will have to bid bye. The battle...

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Retirement accounts have lost $2 trillion so far
AP, Washington
Americans’ retirement plans have lost as much as $2 trillion in the past 15 months _ about 20 percent of their value _ Congress’ top budget analyst...
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Gold prices climb amid financial uncertainty
AP, New York
Gold prices kept rising Tuesday, approaching $900 an ounce after another day of turmoil in financial markets encouraged buying of safe-haven assets. Silver also rose.
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Credit barely eases after Fed plans to buy paper
AP, New York
The grip on the credit markets loosened just barely on Tuesday after the Federal Reserve said it would buy commercial paper, the unsecured short-term debt that...
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made popular 4 hr. ago
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Retirement accounts have lost $2 trillion _ so far
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Americans’ retirement plans have lost as much as $2 trillion in the past 15 months _ about 20 percent of their value _ Congress’ top budget analyst...
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YouTube flips switch on new sales channel
AP, San Francisco
Online video leader YouTube has opened up its version of a home shopping network in its latest effort to wring more revenue from its massive audience and justify the...
TEC, YouTube, Shopping, Technology
made popular 4 hr. ago
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Summary: AMD spins off chip factories
AP,
AMD’S SPLIT: Advanced Micro Devices Inc. will now focus on designing chips and spin off a new venture focused on making them. Chip-making factories are massively...
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made popular 5 hr. ago
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Iceland: the canary in the gold mine?
Johann, Reykjavik
Iceland has indeed bailed out Glitnir. But here’s the thing: Iceland’s credit default swaps are now suggesting that the sovereign itself is a distressed...
Iceland, Glitnir, GDP, Business
made popular 5 hr. ago
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Alcoa's 3Q profit falls 52 percent
AP, Pittsburgh
Aluminum producer Alcoa Inc. says its third-quarter earnings plunged 52 percent due to sharply lower prices, weaker demand and higher costs.
Earns, Alcoa, Business, Aluminum
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ALL BUSINESS: Possible profits from bailout
AP, New York
Two things rule the financial world: Making money and figuring out ways to make more of it. That’s why some on Wall Street are sure to figure out how to profit...
All, Business, Making, Wall Street
made popular 5 hr. ago
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Dow dips more than 500 on worries about financials
AP, New York
The misery worsened on Wall Street Tuesday, with stocks piling on the losses late in the session and bringing the two-day decline in the Dow Jones industrials to more...
Wall, Street, Business, Wall Street Tuesday
made popular 5 hr. ago
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Yum says 3rd-quarter earnings rise 5 percent
AP, Louisville
Fast-food company Yum Brands Inc. said Tuesday its third-quarter profit grew by 5 percent, led by surging sales in its China operations that offset a decline in U.S....
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made popular 6 hr. ago
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Lawsuit: Bill Heard violated federal labor law
AP, Atlanta
The company with the nation’s largest chain of Chevrolet dealerships violated federal labor law when it fired thousands of employees last month, according to a...
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made popular 6 hr. ago
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MySpace, HP in deal to encourage photo printing
AP, New York
Among all the profiles on MySpace, the social networking site’s users have uploaded almost 4 billion photos. Now through an agreement with Hewlett-Packard Co.,...
TEC, TechBit, MySpace, HP
made popular 6 hr. ago
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Dow drops more than 350 on worries on financials
AP, New York
Wall Street sank further Tuesday, extending its heavy losses as enthusiasm over Federal Reserve efforts to inject confidence into credit markets gave way to concerns...
Wall, Street, Business, Wall Street
made popular 6 hr. ago
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Frontier happy with Denver-Aspen route
AP, Aspen
The head of Frontier Airlines says he’s pleased with the business generated by a Denver-to-Aspen service launched in April by subsidiary Lynx Aviation.
Frontier, Airlines, Aspen, Business
made popular 6 hr. ago
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Fabless future: Struggling AMD spins off factories
AP, San Francisco
For years, Advanced Micro Devices Inc.’s scrappy image was best summed up by an insult that founder Jerry Sanders lobbed against rivals: “Real men have...
AMD, Manufacturing, Technology, Business
made popular 7 hr. ago
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Mesa Air Group, pilots agree to contract
AP, Phoenix
Regional carrier Mesa Air Group Inc. says it has a tentative contract with its pilots union after 10 months of negotiations.
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made popular 7 hr. ago
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August borrowing drops at 3.7 percent rate
AP, Washington
Government data show consumer borrowing fell in August for the first time in more than a decade as households, battered by rising job layoffs and the worsening economy,...
Consumer, Credit, Business, Government
made popular 7 hr. ago
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Retirement accounts have lost $2 trillion
AP, Washington
Americans’ retirement plans have lost as much as $2 trillion in the past 15 months, Congress’ top budget analyst estimated Tuesday.
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made popular 7 hr. ago
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Oil prices recover slightly after steep drop
AP, New York
Oil prices rebounded slightly Tuesday, hovering near $89 a barrel after some stability returned to the shaky financial system and encouraged investors to cautiously...
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made popular 7 hr. ago
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Bewkes succeeds Time Warner CEO post in '08
Maynard, Manila
Starting 2008, Time Warner will have a new CEO as Jeff Bewkes takes the highest post of the world’s largest conglomerate as recently confirmed by the company....
Time Warner, Jeff Bewkes, Dick Parsons, AOL
made popular Nov 6 2007
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NBA inks new TV deals with broadcasters
Som, New Delhi
Extending its tie-up with Walt Disney Co’s ABC and ESPN television networks and Time Warner’s TNT, the National Basketball Association (NBA) has inked new...
Walt Disney Co, ABC, ESPN, Time Warner
made popular Jun 29 2007
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FCC removes VoIP blockade on rural service providers
Bhagaban, New Delhi
Reasserting its early stand towards rural connectivity, the Federal Communications Commission (FCC) has ruled that local carriers should not be bared from connecting...
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made popular Mar 3 2007
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Vonage produces another discouraging Q results
Bhagaban, New Delhi
Vonage has failed to produce impressive figures in the fourth quarter results of 2006. The VoIP Company could not sign up a substantial number of customers and conceded...
Vonage, US VoIP, Comcast, Time Warner
made popular Feb 16 2007
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AOL almost completes layoffs
Balendu, Delhi
Time Warner Inc.’s AOL continuing its bid to restructure the online unit’s business model layoff around 450 workers at the Dulles headquarters. AOL has not...
AOL, Time Warner, Business
made popular Dec 14 2006
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Google working on countering the YouTube copyright threat
Jonty, New Delhi
With a large threat of copyright lawsuits hanging (in fact, media companies have started suing YouTube-like companies for publishing copyrighted content), Google is...
Google, YouTube, Copyright Lawsuits, CBS
made popular Nov 3 2006
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GameTab spreads its feathers up to Canada
Yashpal, Shimla
Time Warner’s broadband gaming and entertainment network service, GameTab has announced its expansion into Canada. The service was only available in US before...
GameTap, Time Warner, Canada, Technology
made popular Oct 18 2006
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Time Warner group to Sue YouTube over copyright infringements
Ashutosh, Chandigarh
Time Warner has threatened to sue YouTube if its complaints regarding the misuse of copyright are not addressed properly. Speaking on this the Chairman and the chief...
time warner, youtube, google, Technology
made popular Oct 13 2006
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AOL: Customers increase after going free
Jonty, New Delhi
Time Warner has revealed that its strategy to offer most of AOL’s services for free was making an unexpected progress in attracting new customers. Time Warner...
AOL, Time Warner, Goldman Sachs, Technology
made popular Sep 20 2006
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Struggling with subscription revenues, AOL changes advertising strategy
Balendu, Delhi
Timesonline recently reported that Time Warner is likely to provide free AOL services to high speed internet users therefore reversing its subscription policy in order...
Time Warner, AOL, Business
made popular Aug 3 2006
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Time Inc. to shut print version of Teen People
Balendu, Delhi
Teen People, is likely to shut down its print section largely owing to the squeezing revenue from advertisements. Moreover, a large part of readership has diverted...
Teen People, Time Inc., Time Warner, Business
made popular Jul 26 2006
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Time Warner speculates loss with AOL free service plan, Internet revenue to offset it partially
Balendu, Delhi
Time Warner Inc.has recently evaluated and speculated that its AOL division might loose around $1 billion in operating profit by the year 2009 if offers free services,...
Time Warner, AOL, Business
made popular Jul 12 2006
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Time Warner acquired full control over Court TV
Balendu, Delhi
Time Warner, the media giant, has acquired 50 percent stake of Court TV and the acquisition completed for $735 million from the Liberty Media Corporation. Time Warner...
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made popular May 13 2006
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Time Warner to go for a joint bid for Wireless service
Bhagaban, New Delhi
Time Warner thinks of a joint bid with three cable operators; Comcast, Cox Communications and Adance/Newhouse Communications for licenses to provide wireless services...
Time Warner, Federal Communications Commission, T-Mobile, Technology
made popular May 12 2006
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Will Microsoft be interested in acquiring Time Warner?
Balendu, Delhi
Microsoft’s recent acquisition of Massive clearly indicated that it wants to spread its wings into online contents. This acquisition has provided analysts a...
Microsoft, Google, Massive, Time Warner
made popular May 10 2006
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First Space-based Solar Energy Station
Irani, New Delhi
Space Island Group has come up with an innovative proposal for space-based solar power satellites. Time Warner’s Business 2.0 (B20) magazine highlights on its...
Time Warner, Solar power, Electricity, galaxy
made popular Mar 21 2006
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NASA's Solar Powered Satellites to Produce Electricity from Sunlight
Irani, New Delhi
Space Island Group has come up with an innovative proposal for space-based solar power satellites. Time Warner’s Business 2.0 (B20) magazine highlights on its...
NASA, Solar Power, NASA Satellites, Electricity
made popular Mar 21 2006
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A Parenting Book by Britney and Jackson
Charu, Delhi
“A Baby Is Tougher Than You Think”...I’m not saying this, but this is the title of the book that Time-Warner Books will be publishing. Now this is not...
Britney Spears, Michael Jackson, Time-Warner, Book
made popular Feb 13 2006
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Time Warner to invest USD 214.65 million in U.K. LLU
Jonty, New Delhi
Time Warner will invest £120 million pounds ($214.65 million) in its British ISP, AOL UK, in Local Loop Unbundling (LLU). Ofcom’s recent mandates on LLU and...
Time Warner, VoIP UK, BT, Strategic Review of Telecommunications
made popular Jan 25 2006
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Advertising aol Business Comcast Electricity galaxy GGV Capital Google HBO Internet ads layoffs NASA NASA Satellites Online advertising Solar power Technology Turbine Inc. United States US VoIP YouTube
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