AOL Posts Third Quarter Loss, Teases New Social Tool

Despite an 8% increase in global advertising sales, AOL‘s revenue was down 6% for the third quarter compared to last year. In a followup earnings call, AOL CEO Tim Armstrong alluded to a new social networking tool the company plans to unveil in the coming weeks, although he didn’t release any details on the product. [...]

FAA fires a third sleeping controller

An air traffic controller at Seattle’s Boeing Field has been fired for twice falling asleep on duty, the Federal Aviation Administration said Monday. CNN.com