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tim armstrong News

Verizon buys AOL for $4.4 billion

Verizon, the largest wireless carrier in the U.S., announced Tuesday it will be acquiring AOL in a landmark $4.4 billion deal.

AOL's Armstrong fires employee during conference call

New York - In recent days, AOL CEO Tim Armstrong has confirmed "hundreds" of layoffs at Patch, but during a conference call he shockingly fired an employee who tried to take a picture of him.

Is an AOL merger with Yahoo more than a banker's fantasy?

In the wake of the Yahoo board decision to fire CEO Carol Bartz, rumors have begun circulating among Wall Street bankers that AOL may merge with Yahoo.

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