The Register® — Biting the hand that feeds IT

Feeds

AOL pinches Google sales boss

Where do you go from Google?

Regcast training : Hyper-V 3.0, VM high availability and disaster recovery

AOL has snaffled Google's US sales boss Tim Armstrong to be its chairman and chief executive.

Armstrong ran Google's online advertising push and its north American operations after joining the search giant in 2000.

AOL's current chairman and chief executive Randy Falco and president Ron Grant will leave the sleeping internet portal after a handover period.

Official statement here.

Google paid $1bn for a 5 per cent stake in AOL in 2005 but in January the search giant said that investment was now worth just $274m.

Cloud storage: Lower cost and increase uptime

Latest Comments

RE: Andy Barber

No dont bring back the AOL coasters!!! We've never had it so good.

As far as I'm concerned AOL is a dead end that had its day in the 90's sometime when such a pointless and useless front end was different to the stand-alone Netscape and IE.

0
0

AOL so good...

...they flogged the UK arm to Carphonewhorehouse! Bring back the AOL coasters!

0
0
Anonymous Coward

um

Maybe it's more of a "Google lends", rather than "AOL pinches" situation. Since Google has lost a shit load of investment capital in AOL it's in their interests to get AOL going again. I only hope that this will mean an end to the annoying "AOL" way of doing things since now they have some Google thinking in top management.

0
0

More from The Register

 breaking news
BBC-featured call centre slapped with hefty fine for unwanted calls
PPI pests: Swansea-based firm stung for £225k by ICO
Microsoft to open Windows Stores inside 600 Best Buy locations
Product showcases 'must be seen to be believed'
 breaking news
What did the Lehman Brothers implosion look like to a techie?
Insider tells all about the Gnab Gib at Lehmans
It's official: 'tweet' an English word – not just in the avian sense
If the Oxford English Dictionary says it is so, then it is so
 breaking news
The only Waze is Google: Ad giant tipped to gobble map app 'for $1.3bn'
Pac-Man-satnav-ish upstart in bidding war with Apple, Facebook
 breaking news
1-in-10 e-tomes 'are self-published'... most are 'rubbish' says book ed
Publishing man scoffs at go-it-alone writers, ursines still fouling in forests
 breaking news
Facebook RSS reader said to uncloak June 20
Secret event scooped by Scottish developer?
 breaking news
O2 averts strike action over mass Capita outsourcing deal
Details of new agreement not yet released