AOL Still Has Enough Cash for CannesS

Even after (or maybe because of?) spending the first half of this year making headlines for layoffs, AOL still has money. At least, enough to put its logo across a hillside "villa party" in one of the swankiest places in the world.

The party shot was snapped during this week's Cannes Lions advertising festival, which hosts one of the worst industries in the world at one of the best places in the world. AOL's fete sure looks more enjoyable than Yahoo's.

Photo via Lexiro