AOL says it will acquire online news website The Huffington Post for $315 million
The offer of $50 per share is a premium of 17.4 per cent to AOL's Monday close.
The NGT, however, refused to impose any further environment compensation on the AoL.
After weeks of speculation, AOL Time Warner's board of directors okayed the proposal to change the company's name back to Time Warner on Thursday.
Executives of Internet services firm AOL and software giant Microsoft held formal talks to discuss the possible $40-billion breakup of internet major Yahoo! on Wednesday, a media report said on Thursday.The Times reported that a team from AOL, the internet arm of media conglomerate Time Warner, met Microsoft officials to negotiate the possible split of Yahoo! which could lead to the software giant seizing control.
Their move follows an activist campaign by hedge fund Starboard Value LP, which is pushing Yahoo to consider a deal with AOL and unlock Yahoo's valuable stakes in Asian Web companies.
The products and content would be available to MTNL's broadband customers through a co-branded portal called mtnl.aol.in, MTNL Executive Director J Gopal told reporters on Tuesday.
Google Inc is expected to command more than a third of the world's $140 billion digital advertising spending this year
While AOL Chief Operating Officer Ron Grant is himself coming down to Bangalore to officially kick off the Indian face on Thursday, Yahoo!'s soft-spoken co-founder David Filo is set to announce a series of India-specific products tomorrow.
Leading Internet firm Yahoo! is seeking to restart merger talks with Time Warner-owned AOL to defend itself against the $44.6-billion takeover bid by Microsoft, British media said on Monday. According to The Times, one option being explored by Yahoo! is to restart merger talks with AOL to fend off Microsoft from taking over the firm.
The Art of Living Foundation chose to hold the World Culture Festival on the Yamuna floodplains in spite of being aware of the environmental, legal consequences, letters exchanged between it and the Delhi Development Authority show.
The Bengaluru police are investigating the alleged threat call made to spiritual leader Sri Sri Ravishankar's Art of Living organisation three days ago.Recently, the AoL lodged a complaint alleging that someone had demanded Rs 42 crore from the organisation and threatened to tarnish its reputation if it failed to pay the amount.A day later, non-resident Indian Paul P alleged that AoL grabbed 15 acres of land on Kanakapura Road near Bengaluru where the AoL ashram is situated.
America Online (AOL), the largest Internet service provider in the US, is set to launch its India portal over the next couple of months.
AOL has launched its next-generation of E-mail services in India, which include unlimited storage, effective safety and spam-blocking systems and mobile services ahead of its launch in the US and Europe.
From 1,000 employees a year ago to barely a 100 now: that is the gut-wrenching story of the Indian operations of online media major AOL.
The company plans to strengthen the offerings of its digital platform, Adtech, which it launched a few months back.
It refuted the allegations that its three-day mega event had damaged Yamuna floodplains and hinted that it may approach the Supreme Court against the NGT's order which asked it to pay Rs 5 crore as compensation.
Internet services entity AOL Inc has announced three acquisitions, including technology blog TechCrunch as part of an effort to bolster its content offerings.
Search engine Google will invest $1 billion for a 5 per cent stake in Time Warner's AOL Internet unit, strengthening the alliance between the two Internet powerbrokers and creating new hurdles for competitors such as Microsoft.
Internet search major Google is likely to pick up a 5 per cent stake in media giant Time Warner's AOL for about $1 billion, the Wall Street Journal has reported.
The National Green Tribunal on Wednesday directed the principal committee, constituted for rejuvenation of Yamuna, to inspect the site on river floodplains where a three-day festival was organised by Art of Living under the patronage of Sri Sri Ravi Shankar.
Google Inc and Comcast Corp are in talks with Time Warner Inc about acquiring ownership stakes in America Online's Web portal AOL, a person familiar with the discussions said.
It is the largest full-year loss in corporate history.
Media giant AOL, along with some private equity firms, is 'exploring' making an offer to buy Yahoo Inc, as the Internet company deals with poor financial performance and an exodus of senior executives, a media report said.
Amidst allegations of land grabbing, the Art of Living has decided to come clean and explain in detail as to how the land owned by it came into their possession in the first place.
The deal will build the most significant media platform in the world.
AOL Time Warner Inc said on Thursday that outspoken media mogul Ted Turner will stay on the company's board even after he steps down from his position as vice chairman in May, ending months of speculation.
Demanding a fresh probe by an "unbiased" panel, AOL lawyer Kedar Desai and environment expert Prabhakar Rao told a press conference in Noida that "no damage" was caused to the environment due to the event held in March.
But he will remain director of the company with joint responsibility for corporate strategy.
Global web services company America Online has appointed Maneesh Dhir as the firm's vice president to oversee the growth of its international portals and review new overseas business opportunities in Europe, Asia and Americas.
However, the NGT expressed its displeasure over the spiritual guru's statement that he 'will go to prison but not pay the fine' and said such a statement was not expected from a person with such high stature.
The tribunal said the AOL has been engaging in multiple litigations in order to not pay the fine.
The observations came after advocate Sanjay Parikh, appearing for petitioner Manoj Misra, informed the bench about Ravi Shankar's recent statement blaming the government and the NGT for permitting his NGO to hold the World Culture Festival on the floodplains of river Yamuna.
The Art of Living said on Tuesday its faculty members and volunteers in Pakistan have been receiving threat letters and calls from the Taliban for over two months, accusing them of "conspiring against Islam".
The tribunal also refused to give an urgent hearing on a fresh plea seeking stay on the three-day event on the banks of river Yamuna from Friday, alleging that AOL has not taken permissions from the competent authority as directed by the tribunal.
The National Green Tribunal on Tuesday sought Art of Living head Sri Sri Ravi Shankar's reply on an application which alleged the spiritual guru had termed its earlier order as "politically motivated".
The allegation comes a day after AoL stated it had received extortion calls demanding Rs 42 crore, failing which the institution would be defamed.
The expert panel has suggested that there would be two components of rehabilitation plan -- physical and biological, and they would cost Rs 28.73 crore and Rs l3.29 crore respectively, besides additional ancillary expenses.
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