Patch
Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs
It would be fair to say the pandemic has had enormous effects on the world of work, but it has come at a time when other factors were already ongoing.…
The carbon offset API developer Patch confirms a $4.5 million round led by Andreessen Horowitz
Patch, the carbon offset API developer, has raised $4.5 million in financing to build out its business selling customers a way to calculate their carbon footprint and identify and finance…
Andreessen Horowitz could make the carbon offset API Patch its latest climate bet
The early-stage carbon offset API developer Patch could be another one of Andreessen Horowitz’s early bets on climate tech. According to several people with knowledge of the investment round, former…
In 2017 — for the first time in over a decade — a computer worm ran rampage across the internet, threatening to disrupt businesses, industries, governments and national infrastructure across…
The Patch Layoffs Are Not Surprising
Today’s Patch layoffs are unfortunate, especially in the current media market. They are not, however, surprising. Patch wasn’t profitable, and despite AOL’s firm promises, never found a new path forward.…
Patch Hit With Sweeping Layoffs As New Owner Hale Global Restructures
The ax came down at Patch today. TechCrunch has confirmed that a number of Patch employees were let go this morning with another round of layoffs happening later today. We’re…
Update: AOL Says Its Hyperlocal News Network Patch Is Not Closing
Update: AOL says implications that Patch is closing down are inaccurate. A New York Times article stated that AOL is reportedly planning to “dismantle Patch or perhaps sell it off…
Leaked Revenue Figures Illustrate Need For Hundreds Of Patch Layoffs
Yesterday I ran estimates on Patch’s revenue, yielding the point that, given the scope of the proposed cuts to its staff, the hyper-local news service does in fact have a shot…
Inside Patch’s Leaked Revenue Numbers And Its Hunt For Profitability
Patch, AOL’s hyperlocal news project, is undergoing steep layoffs as it aims for profitability by the end of the year. Leaked memos detail Patch’s revenue both in its lower reaches,…
Patch Lay-Offs To Start Today, 40% Of Jobs Reportedly Cut Adding Up To Roughly 400 Employees Let Go
AOL CEO Tim Armstrong held another conference call for Patch employees today, and after what was likely the worst week to be working at the hyper-local news venture following the…
AOL CEO Tim Armstrong Apologizes For Brutally Firing Employee During Patch All-Hands Call
After a call with the AOL-owned Patch team included the public firing of Patch Creative Director Abel Lenz last week, AOL CEO Tim Armstrong has issued an internal memo apologizing…
The Math Behind Patch’s Deep Cuts And AOL’s Larger Content Division
Today AOL confirmed that Patch will close hundreds of its hyperlocal news sites and fire hundreds of its employees. TechCrunch reported the coming staff and site reductions on Thursday. The…
Armstrong Confirms “Hundreds” Of Layoffs At Patch, 400 Sites Shuttered Or Partnered Off, And A New CEO
We reported yesterday that AOL’s hyper-local news service would lose hundreds of employees today, and now we have confirmation from a well-placed Patcher privy to the call that AOL CEO…
AOL To ‘Impact’ Hundreds Of Patch Employees Friday In A Bid For Hyper Local Profits
Patch, AOL’s hyper-local news effort, will lose up to 550 employees this Friday, according to a local editor at the group. Hundreds of sites in the network are expected to…
AOL’s Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still Aiming For Profitability In 2013
AOL’s Q4 earnings today saw that company (which owns TechCrunch) finally make a turnaround, after 8 years of decline, into revenue growth, with overall sales of $599.5 million. But there…
Aol’s Patch Taps Ad Tech Startup PaperG To Boost Local Ad Sales In Over 100 Markets
Traditional publishers and fledgling digital publications alike are trying to find the best ways to monetize their content on the Web and take advantage of the benefits offered by hyperlocal…
Group Buying Site BuyWithMe Snags Patch.com EVP Away From AOL
Our parent company AOL is having a rough time making money from Patch, its rapidly expanding network of local news sites, and that’s not its only problem. Today, group buying…
As 2012 Election Season Ramps Up, AOL's Patch Will Launch 33 Sites In 'Key' Primary States
In its last earnings report, AOL revealed that it poured $40 million into its hyperlocal news platform Patch in the quarter. It’s no secret that AOL, Arianna Huffington and CEO…
AOL, Patch Team Up With Slew Of Journalism Schools For PatchU Project
AOL and its subsidiary Patch this morning announced the launch of PatchU, a new network of partnerships between local Patch publications and journalism schools, colleges and universities to help prepare…
Fwix Shifts From Local News To Places: "We Are Automating Patch"
For the past two years, Fwix has been building a hyperlocal news site for cities and neighborhoods around the country in a very automated fashion. Its homepage for every city…
AOL Opens Its 100th Patch, Targets 500 By Year's End (TCTV)
When AOL bought hyperlocal news site Patch in June, 2009, it covered five towns in Connecticut and New Jersey. On Tuesday, it will open its 100th Patch, and by the…
AT&T found a defect in their Alcatel-Lucent equipment about a month ago that, under certain conditions, throttles upload speeds to 100kbps. This of course is not a good thing, so…
AOL Now Employs 4,000 Journalists (But Only 500 Are Full-Time)
It’s no secret that AOL is aggressively building out its content strategy. Today at TechCrunch Disrupt, AOL CEO Tim Armstrong says that the company now employs 4,000 journalists, 3,500 of…
AOL Launches Charitable Organization Patch.org To Fund Hyperlocal News Sites
We recently learned that AOL is pouring money ($50 million to be exact) into Patch, a hyperlocal news platform that operates local news sites for 41 small towns and communities…
AOL To Pour $50 Million Into Patch This Year
Yesterday brought the news that AOL sold Buy.at, the affiliate marketing network it bought in early 2008, to UK network Digital Window. AOL acquired Buy.at for a rumored $125 million…
MSNBC Picks Up Hyperlocal News Aggregator EveryBlock
Even though they haven’t really found a big audience yet, hyperlocal news sites are becoming a hot commodity. In June, AOL bought Patch for $7 million, and today MSNBC acquired…
AOL Buys Local Startups Going And Patch (And CEO Tim Armstrong Brings an Investment In-House)
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…
Unpatched PCs put in compromising situation in under four minutes
According to researchers at the SANS Internet Storm Center (ISC), an unpatched PC will last in the wilds of the Web less than four minutes before being attacked and compromised.…
Just as I was talking to my friend about rolling a new Horde character on Burning Blade, out comes this new WoW patch. Dubbed “The Black Temple”, this 256MB patch…