AOL Chief Executive Tim Armstrong will reportedly unveil a reorganization for the beleaguered Internet pioneer later this week that will combine the dial-up Internet service business with its Web services.
In addition to the AOL services group, three other business units will be created under the new structure, Armstrong told Bloomberg in an interview. Those units will consist of advertising, local services, and the Huffington Post media group, he said.
"We had AOL services split up between multiple groups," Armstrong told Bloomberg. "We have decided that putting them into the same structure, with the same cohesion, will … Read more