Friday, November 20. 2009

AOL Lays Off Workers, Puts Properties up Sale

AOL which will be sprung from Time Warner at the beginning of next month laid off 1/3 of its workers and reports indicate it's putting its ICQ messaging service and perhaps MapQuest up for sale. Among the possible buyer suggested for the mapping biz: Microsoft and Apple (though they did acquire Placebase recently). Some suggest dumping MapQuest may not be such a great idea if as CEO Tim Anderson suggested, local will be a focus. On the other hand, AOL did buy hyperlocal media company Patch and quickly swapped out Google Maps for OSM (APB coverage).

- GigaOm
- Barrons Blog
- Strategy Eye

Posted by Adena Schutzberg in MapQuest at 08:12 | Comments (0) | Trackbacks (0) |

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