Back in June of 2009, then-new CEO Tim Armstrong made two acquisitions to move AOL into the local space: Patch and Going. While the verdict is still very much out on Patch, it’s clear that AOL is at least committed to it. Going? Not so much.
Going will “going away” (they made the joke, not me) on May 1, 2011. The reason? “AOL’s refocusing”, the team explains in an email sent to users today. → Read More
Hendrickson left TechCrunch in March. After about two years of writing and doing development for TC, he got the startup itch. He formed a company, Worldly Developments, and along with co-founder Jay Marcyes is now ready to unveil their project: Plancast.
As you can… → Read More
Foursquare is the location-based iPhone app getting a lot of love in the press (and from VCs) these days. And while there is no shortage of location social networking apps in the App Store, Foursquare works well on the platform because it’s based on the active checking-in to venues, which is perfect since the iPhone doesn’t allow apps to run in the background (though Loopt has a workaround). While… → Read More
When your main seed investor becomes the CEO of AOL, it does have its fringe benefits. Today, AOL announced its acquisition of two local startups: Patch and Going. AOL’s new CEO Tim Armstrong is a seed investor in Patch, which offers hyperlocal news for small towns and communities. In a note he sent out today to employees, which we’ve obtained from AOL, he notes that he recused himself from the… → Read More