Erin Joyce

As a deadline approaches for AOL to present strategic review results to its corporate parent’s board, senior-level America Online executives are quietly leaving or being shown the door, according to people familiar with AOL Time Warner . Some of the executives who have left were part of the inner circle of AOL’s former Chief Executive […]

As further evidence of the bleak outlook confronting most of the computer services sector, IT outsourcing giant Electronic Data Systems Corp. , hit by a 59-percent drop of its third quarter profit, plans to trim its workforce by up to 5,600 jobs and sell off over $500 million worth of “non-strategic” assets. The actions were […]

IBM’s Chief Executive Sam Palmisano continued his mantra about on-demand computing as enterprise technology’s next wave during his annual presentation to analysts and customers Wednesday. But it was his outlook for the sluggish IT industry in particular that helped buoy the tech faithful’s spirits at the gathering in New York. “I think you’ll agree we […]

Content syndicator ScreamingMedia , looking for an edge in the financial services vertical, has purchased fellow content aggregator Inlumen for about $2.6 million. The deal ends speculation about whether the two information aggregators would merge amid a consolidating market for Web-based content syndication. In addition, both companies are weathering a financial services vertical where falling […]

Publicly traded media companies held up better than expected during the difficult economic conditions in 2001, despite the drag from write-downs related to dot-com investments, according to a new report about the media industry. Media investment firm Veronis Suhler Stevenson, in its annual Communications Industry Report (CIR), said media industry revenues were up by 2.5 […]

NEW YORK — After sharing “Battle of the 8.0’s” headlines with archrival AOL for weeks, Microsoft’s turn in the spotlight arrived Thursday as the software giant unleashed its ISP/portal software, MSN 8.0. Under an 11,000-square-foot air-compressed dome in Central Park’s Wollman Rick, Microsoft Chairman and Chief Software Architect Bill Gates did more than demonstrate the […]

AOL Time Warner said it would restate financial results for eight prior quarters as part of an internal probe of accounting practices from AOL’s dot-com heyday during the late 1990s and early 2000. The decision will result in a reduction of $190 million in revenues and $97 million less in cash earnings. The restatement news […]

Online recruiting site CareerBuilder.com‘s $28 million multi-media advertising campaign is about to get more muscle, thanks to a recent investment by Gannett , the nation’s number-one newspaper publisher. Gannett, publisher of USA Today and USAToday.com, recently took a one-third stake in the joint venture alongside newspaper publishers Knight-Ridder , which owns the Miami Herald, and […]

Could NYTimes.com be leading a recovery in the depressed online advertising marketplace? Total advertising sales in the online division of The New York Times Co. are up by 30 percent as of the end of September, the company said during a third quarter earnings discussion. So far this year, advertising renewals on the site are […]

Look out America Online, MSN and United Online. Women-focused Web portal and media company iVillage is elbowing into the ISP game. The new dial-up service is called iVillageAccess and is expected to be announced Thursday. The launch represents a bold move by the New York-based company to leverage its loyal base of about 20 million […]

AOL’s latest service, version 8.0, soars into the media universe during a splashy launch Tuesday. The event carries the hopes of a beaten-up ISP trying to find new revenue and grow its broadband base. The centerpiece is singer Alanis Morissette, who will perform at New York City’s Lincoln Center as close to 2,000 AOL members […]

NEW YORK — America Online’s mix of music, lights and member-driven pronouncements for the release of AOL 8.0 hit a crescendo Tuesday when the ISP’s chief executive just said no to pop-up ads. “Starting today, AOL will no longer sell pop-up advertisements,” AOL Chief Executive Jonathan Miller told an audience at the Lincoln Center for […]