other-digital Archives

AOL revenue beats estimates on strong ad sales

May 8, 2015 creative aol, california, charged-two, energy, from-dial-up, investigation, lawsuit, news-website, other-digital, place-video, rights-groups, such-as-adap

(Reuters) – AOL Inc reported quarterly revenue above analysts' expectations, boosted by demand for its real-time bidding platform that helps advertisers place video and display ads on other digital properties. Shares of the company, whose businesses include the Huffington Post news website and the TechCrunch blog, were up 4 percent in premarket trading on Friday. Advertising has become a major revenue stream for AOL as the company moves away from dial-up subscription service, helped by acquisition of automated advertising platforms such as Adap.tv

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Alibaba has a new CEO, but it’s still Jack’s house

May 8, 2015 admin alibaba-group, apartment, california, daniel-zhang, gestures-during, internet, lawsuit, other-digital, place-video, the-e-commerce, the-eight-year

By John Ruwitch SHANGHAI (Reuters) – When Alibaba Group Holding Ltd's eccentric founder Jack Ma stepped down as CEO two years ago, he declared “the Internet belongs to young people,” and promised that most of the company's leaders born in the 1960s would soon retreat from management. On Thursday, that transition at the e-commerce behemoth appeared complete as Ma trumpeted the appointment of a fresh chief executive, Daniel Zhang, born in 1972, as part of a broader reshuffle.