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AOL announced it is reducing its global work force 20 percent. The move is part of AOL’s continuing effort to transition to an online advertising company. AOL’s former headquarters in Virginia will be the U.S. office most heavily impacted by the job cut with 1,200 positions being eliminated. Check out the full story from Reporter [...] Tags: Abby Prince, AOL, Job Cut, News Update, Online Advertising Company

Today, AOL announced its purchase of Tacoda as part of its continuing online ad-buying frenzy. The online behavioral targeting network tracks Web surfer’s habits, but not information that could be harmful to them. Although financial terms of the deal have not been disclosed, sources are reporting that Tacoda went for $200-300 million. Catch the full [...] Tags: Abby Prince, AOL, Behavioral Targeting, News Update, Tacoda

Internet radio broadcasters were dealt a blow this week when a panel of copyright judges threw out requests to reconsider a ruling that raised the royalties they must pay to record companies and artists. Many public and private broadcasters including radio stations, small startup companies, National Public Radio, and major online sites like Yahoo and [...] Tags: AOL, Copyright Royalty Board, Internet Radio, Jonathan Potter, N Mark Lam, News Update, NPR, radio, yahoo

Yahoo may soon file opposition to AOL’s Instant Messenger trademark at the U-S Patent and Trademark Office (also known as USPTO). Yahoo’s Attorney David M. Kelly filed four separate requests for additional time to investigate the claim. AOL has used the term “Instant Messenger” since 1997, though several adversaries disputed the term “Instant Messenger” as [...] Tags: AOL, Instant Messenger, Trademark, yahoo