AOL, the failing Time Warner Internet unit, is laying off another 700 employees via emails alerting them to an "important meeting." Even the pink-slipping process is predictable now. And former CEO Steve Case? He's sad.
In your frostbitten Wednesday media column: Time Warner burns billions, the Daily Beast loses luster, alt-weeklies miraculously manage, and more!
· Lara Croft will return for another adventure, in a "revamping [that would] bear little resemblance to the originals." io9 has already discredited the Megan Fox rumors, which leaves only one other logical candidate. [THR]
You've got pink slips: AOL axes 700 of 7,000. Memo!
When a tipster told me that workers at eBay France had created a lip-dub video, my hopes were high. But I should never have expected great things from eBay.
Did you hear Yahoo CEO Jerry Yang had his house lined with Kevlar before he laid off 1,500 employees? No idea if that's true, but that's the best rumor I heard all week.
"Yahoo striking a Microsoft search deal first makes more sense" than closing a merger with AOL, writes overproductive BoomTown blogger Kara Swisher. Tracking the complicated, self-conflicting relationships between Yahoo, AOL, Microsoft and Google...
Jason Calacanis, the professional email sender and part-time CEO of Mahalo, is a busy man. Fresh from executing layoffs at his fewer-humans-than-before-powered search engine, he's jetting off to Japan. This, mind you, despite promising to cut down...
As usual, serial entrepreneur Jason Calacanis makes lemonade from lemons–or is it vice versa?–touting cost-cutting at his human-powered search engine start-up and newest venture, Mahalo, almost as much as he had its prospects when he...
New York, 7:00 PM
Mon Jul 6
47 posts in the last 24 hours
Original material is licensed under a Creative Commons License permitting non-commercial sharing with attribution.
Gawker
