AOL Inc. (previously known as America Online, written as AOL and stylized as "Aol." but commonly pronounced as an initialism) is a multinational mass media corporation based in New York City that develops, grows, and invests in brands and web sites. The company's business spans digital distribution of content, products, and services, which it offers to consumers, publishers, and advertisers.
After acquiring TechCrunch for a up till now undisclosed sum, the crippling internet behemoth AOL has added yet another big publishing player to its portfolio by buying one of the internet’s leading political and news portals, The Huffington Post. The deal will be paid in cash, likely be completed late in the first quarter or [...]