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AOL News
Facebook pays Microsoft $550 mln for AOL patents By Alexei Oreskovic and Diane Bartz SAN FRANCISCO (Reuters) - Facebook will pay Microsoft Corp $550 million in cash for hundreds of patents recently sold by AOL, the social networking company's latest move to bulk up its intellectual property in the wake of a lawsuit filed by Yahoo. The deal, shortly before Facebook is expected to have the largest initial public offering in Silicon Valley history,
Facebook 'draining your time and wallet'
Cutting back on checking up on Facebook 'friends' could not only save your time, but it could also save your money.
AOL CEO's 2011 compensation drops 79 percent
AOL CEO Tim Armstrong's 2011 compensation package shrank 79 percent as the Internet pioneer kept trying turn its business around as demand for its old dial-up service fades. |
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