AOL Boots Loser CEO for Google's Tim Armstrong
At last, AOL has done something right: The Time Warner Internet unit has hired Google's Tim Armstrong as its new CEO, booting the laughably incompetent duo of CEO Randy Falco and COO Ron Grant.
Jon Miller drops out, so who's getting the top online gig at Microsoft?
Former AOL CEO Jon Miller, reportedly Microsoft CEO Steve Ballmer's favorite to lead the company's new online division, withdrew his name from consideration yesterday because he'll soon be joining Yahoo's board. So if not Miller, who's going to take on the task of saving Microsoft by building its presence on the…
Did AOL buy Bebo to tempt Yahoo into a merger?
No one can make sense of AOL's $850 million Bebo buy, not even Time Warner CEO Jeff Bewkes, who is dropping hints that his company overpaid for the social network. AOL CEO Randy Falco and COO Ron Grant, shown here in a deliciously awkward moment with Bebo president Joanna Shields, negotiated the deal in secret, to…
Microsoft, AOL talking? Our spy photo says yes
CARLSBAD, CA — Here's Microsoft dealmaker Hank Vigil chatting up AOL COO Ron Grant over lunch at the D6 conference. Why is that interesting? Because we overheard Vigil gabbing away on his cell phone earlier today about the "economic terms" of some deal. Microsoft famously made a run at merging its online businesses…
Former AOL hardballers take it on the chin
AOL's dirty dealings are all in the past, right? With the SEC filing charges against eight former AOL Time Warner execs for their roles in inflating AOL's online ad revenue between 2000 and 2002, that's no doubt what present management would like you to think. Former head of business affairs David Colburn, former…
Bebo buy was AOL CEO's super-duper secret
AOL CEO Randy Falco and President Ron Grant — check out the photo and you'll see why the rank and file call them "Smithers and Burns" — kept plans to buy fourth-place social network Bebo secret from AOL's other top execs. Acquisitions talks are often kept quiet, but BoomTown sources say Falco and Grant were more…
The Mess At AOL
Curt Viebranz, fired as president of AOL's sales arm after just half a year, may have lost a struggle with the internet portal's bosses. But he's unlikely to be the last executive casualty at the Time Warner unit, New York's biggest internet business. Alley Insider reports Viebranz may have been fired because he…
AOL's "human computer" may be scrapped
Jeffrey Bewkes begins work today as chief executive of Time Warner, the world's biggest old-school media conglomerate. One person who won't be celebrating Bewkes' ascension is Ron Grant, who runs day-to-day operations at Time Warner's internet division, AOL, which is downtown New York's biggest internet business since…
AOL, meet the new boss
Come January, Jeff Bewkes will be Time Warner's new CEO, displacing Dick Parsons. The change was widely expected since Bewkes's appointment as chief operating officer in 2005. That's also when AOL, for the first time, fell under Bewkes's command. AOL CEO Randy Falco was widely seen as a Bewkes hire, and Bewkes's…
Your 2007 commemorative layoff souvenirs
Welcome to D-Day, AOL employees! Today is the reported day when 2,000 AOL employees will be released into the wild. Your consolation prize? Four to 12 months' severance and, we hear, lump-sum payments of up to $50,000 to make up for missed bonuses. Not satisfied with that? Valleywag reader bobzmudaguy has created a…
AOL layoff details revealed
VIENNA, VA. — A source close to AOL's upcoming layoffs has shared numbers exclusively with Valleywag. The expected body count? 4,000 — a third of the estimated 12,000-person staff of the pain-wracked Internet giant. (Update: In a companywide email, CEO Randy Falco now says 2,000 employees out of a shrunken staff of…
AOL HR chief leaves, taking one for his team
VIENNA, VA. — How do you now you're fired at an Internet company? When your biography's removed from the website. AOL's Lance Miyamoto, head of HR, has left the building. As a Valleywag tipster first told us and Silicon Alley Insider confirms, Miyamoto is the executive who's quitting in protest of new week's layoffs…
I'm in your backyard, talking to your employees
VIENNA, VA. — I grew up in this northern Virginia town 20 minutes outside Washington, D.C. As did the company formerly known as America Online, before it moved to the more-distant suburb of Sterling — sorry, "Dulles." That's where it will continue to be headquartered for a few more months, before its top executives…
Nasty nicknames for AOL's bosses
We're told that AOL CEO Randy Falco and chief sidekick officer Ron Grant are so annoyingly inseparable that they've been dubbed "Rondy." But we also hear that the rank and file, ticked off by moves like Rondy's rerouting of the corporate jet, have much meaner monikers for their new overlords. Heard any good ones?
AOL Denies Its Copying Of Yahoo
CONFONZ — The lovely thing about having a relatively well read gossip blog is that people bring the gossip to you. Case in point: the AOL Beta that resembles Yahoo's page. Someone inside AOL, or at least, inside AOL's heating ducts, brings us this report on the words of Ron Grant at yesterday's AOL management…
AOL's new chief demotivator
AOL's human "computer," Ron Grant, is building an elite team of high-tech ubermenschen to lead the Dulles-based online service back to technological dominance. Or maybe not. Former CNet employees are snickering over Grant's choice to head AOL's platforms division, the weightlifting, Corvette-driving, cat-loving Ted…
Grant to Staffers: Merry Fucking Christmas
SCOTT KIDDER — Randy Falco's right-hand man and human "computer" — newly-appointed President and COO Ron Grant — referred to by new AOL chief Randy Falco as "my computer" — has a holiday message for AOL's tens of thousands of employees: Have a good holiday weekend, and stay the fuck away from your email!
