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AOL is not trying to sell TechCrunch and Engadget for $70-$100 million, says CEO Tim Armstrong. However, that doesn't mean he's not trying to do something with them. After earnings, Armstrong told Reuters the report that he was looking to dump AOL's top tech properties was "100 percent untrue." However, he also told Ad Age that he has spoken with "outside entities" in the words of Ad Age about investment in the tech sites.
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From the department of weird ideas: AOL CEO Tim Armstrong is apparently out peddling the idea that the company could sell itself to Yahoo. Question is, what makes him think Yahoo is buying? Reuters is reporting that Armstrong has be... Read Post

AOL is buying three companies -- TechCrunch, 5Min, and Brizzly -- for a rumored $100 million. AOL is trying to regain its preeminence in tech-land by focusing on building media brands and platforms that help other media, CEO TIm Arm... Read Post

AOL is trying to sell TechCrunch and Engadget, plus a few other tech properties for $70-$100 million, Sarah Lacy at PandoDaily reports. There's no reason given for why AOL would sell the sites. Our speculation: Tim Armstrong is a wh... Read Post