NEW YORK — AOL CEO Tim Armstrong says he is "cautiously optimistic" that parent company Verizon's plan to acquire Yahoo will go through. Verizon announced its intentions to buy Yahoo for $4.8 billion in July this year, but the deal has...Show More Summary
Four senior members of AOL Chairman and CEO Tim Armstrong’s executive team have departed the company in the past month, The New York Post reports. “The loss of the four longtime Armstrong lieutenants is leading to speculation that Verizon is...
NEW YORK (AP) — AOL is cutting about 500 jobs, or 8 percent of its workforce, as it trims back following some deals and focuses on mobile, video and data. In a memo to employees, AOL CEO Tim Armstrong says the Verizon-owned company has added 1,500 employees over the past year because of acquisitions and partnerships, and it needs to consolidate to improve operations.
AOL CEO Tim Armstrong took to the Times Center stage on Monday for a conversation with NBC's Stephanie Ruhle to discuss the current and future state of media through the lens of brand building—something the exec has made a name for himself...Show More Summary
Dan Gilbert, Founder and Chairman of Quicken Loans Inc., the second largest mortgage broker in America, will join AOL CEO Tim Armstrong on the UPSHIFT stage on October 6. They'll wrap up the day's discussions with a fireside chat about...Show More Summary
Tim Armstrong is probably having a bad day. The AOL CEO’s Twitter account has been hacked by an unknown individual, and posted spammy tweets at a rate of 20 a second. Here’s what it looked like. At first glance, the links were for Baidu – a legitimate (and massive) Chinese search engine. Show More Summary
Tim Armstrong is CEO of AOL Inc., a leading global media technology company headquartered in New York City and operating in over 20 countries worldwide. Today, AOL serves nearly 500 million consumers every month across the globe, and maintains partnerships with thousands of the world's leading companies. Show More Summary
Yahoo's CEO says she plans to stay following sale to Verizon, but a look at history and her incentives for leaving makes it likely her tenure will be short.
Yahoo will be rolled into Verizon's AOL operations and CEO Marissa Meyers could be working again with AOL CEO Tim Armstrong, who worked with Mayer at Google for years and tried unsuccessfully to convince her to combine the two companies...Show More Summary
It's official: Verizon is acquiring Yahoo's core business for $4.83 billion. The deal, announced Monday morning, will see the end of an era for Yahoo. But in Verizon's announcement of the deal, AOL CEO Tim Armstrong also uttered a word...Show More Summary
The Yahoo CEO job is the most "cursed" job in tech. From Carol Bartz and Scott Thompson to Marissa Mayer, a parade of once-respected executives have walked in to Yahoo thinking they could turn it around, only to fail spectacularly, and...Show More Summary
He seems to mean it!
Will Verizon snap up Yahoo’s web assets — and what might that look like? We don’t have an answer just yet, but there’s one person who might have some ideas about what it would look like: Aol CEO Tim Armstrong, who will be joining us at Disrupt NY in May this year. And naturally, it’s around the time to start asking again what Aol looks like under… Read More
AOL Chief Executive Tim Armstrong aims to turn Verizon Communications into a digital-advertising powerhouse that poses a credible threat to Facebook and Google, the juggernauts of the digital-ad market.
UBS’s John Hodulik today describes a lunch with Tim Armstrong, CEO of AOL, which was bought last year by Verizon Communications (VZ), whose shares Hodulik rates a Neutral. Armstrong filled in UBS about things the company is learningShow More Summary
Let's make a deal.
SAN FRANCISCO — Verizon has tapped AOL CEO Tim Armstrong to lead preliminary discussions of a potential purchase of Yahoo, according to Bloomberg, citing “a person with knowledge of the situation.” Armstrong joined Verizon last year after the company acquired AOL in May for $4.4 billion. By purchasing AOL, Verizon took a major step into [...]
Verizon Communications Inc has given Tim Armstrong, chief executive officer of its AOL unit, a leading role in exploring a possible bid for Yahoo Inc’s assets, Bloomberg reported, citing a person with knowledge of the situation. Verizon, the largest U.S. wireless carrier, hasn’t hired bankers to conduct an offer and there have been no formal […]
Verizon is considering a bid for Yahoo and reportedly has AOL CEO Tim Armstrong exploring the deal.
AOL CEO Tim Armstrong has reached out to Yahoo on behalf of Verizon for a possible acquisition, Bloomberg's Scott Moritz reported Monday. The report said Armstrong is reaching out "informally," and will act on behalf of AOL's parentShow More Summary