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AOL Posts Third Quarter Loss, Teases New Social Tool
Posted by The TB on November 2, 2011 · Leave a Comment
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. [...]
