In an era of decoupling, the Tesla CEO stands out as one of the very few Silicon Valley tech. Govind Kini 116 subscribers Subscribe 3. The purchase price for Thing Labs, which was founded in 2008 and is based in San Francisco, was also not disclosed.ĪOL said Thing Labs' Brizzly software will "play a key role in helping AOL provide consumers with the best possible venues to discover and share content with each other."ĪOL merged with Time Warner in 2001 at the height of the dot-com boom in what is considered one of the most disastrous mergers ever and was spun off by Time Warner in December into an independent company.Īrmstrong has embarked on an aggressive round of cost-cutting since taking the reins at AOL last year and has said he plans to refocus the company on "content, ads and communications."ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. In conversation with Chris Boshuizen (Data Collective) Wesley Chan (Felicis Ventures) and Michael Sharkey (Autopilot). Musk commenced his high-stakes visit to China, marking his first since before the COVID-19 pandemic. 0:00 / 1:53 Silicon Valley Gavin Belson presenting Nucleus. ![]() Ran Harnevo, 5min Media's co-founder and chief executive, said AOL and 5min Media's "complementary video capabilities make us a compelling fit and an attractive combination for content creators and publishers."įounded in 2006 and with headquarters in New York and offices in Tel Aviv, 5min Media has a library of more than 200,000 videos from more than 1,000 media companies and professional independent video producers. "With 5min Media we'll be able to add more video inventory to our pages," he said. It allows tech startups to promote their products/services to potential investors. But this is a demo, so Murphy applies his law with a good old-fashioned fist. TechCrunch, which was launched five years ago, will remain in San Francisco as a wholly owned AOL unit.įinancial details of the 5min Media transaction were not revealed, but Dow Jones-owned technology blog MediaMemo said the purchase price was between 50 million and 65 million dollars.Īrmstrong said the purchase of 5min Media was intended to "better position AOL to capture the growing video opportunity on the Web." TechCrunch Disrupt is an annual conference in San Francisco, New York City, London, and Beijing. TechCrunch Disrupt even implemented all of Erlich’s over-the-top dramatic Steve Jobsesque lighting and music. "I would expect these brands to operate independently but leverage each other," Armstrong said of AOL's technology sites and TechCrunch. ![]() TechCrunch websites include flagship TechCrunch, MobileCrunch, CrunchGear, TechCrunchIT, GreenTech, TechCrunchTV and CrunchBase.ĪOL already owns a leading technology news site, Engadget.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |