A year later, AOL is heading in the right direction
I have to hand it to AOL CEO Tim Armstrong: after struggling with a flurry of departures and internal turmoil, he has steadied the ship and the markets have rewarded him as a result.
A year ago, the Internet media giant lost its CTO, its tech lead, its head of sales, TechCrunch editor Erick Schonfeld, and a slew of technology people in its West Coast office.
Activist investors were calling for a new board or directors, and some were even calling for a new CEO. This launched a three month internal battle that resulted in the AOL was going in the right direction, … Read more
