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04 Aug 2010 09:55

tags

Biz: AOL has another big loss, caused by a “goodwill charge” this time

  • $1.06
    billion
    the size of AOL’s quarterly loss, caused partly by declining advertising and partly due to a “goodwill charge”
  • $1.4
    billion
    the size of that “goodwill charge,” partly due to selling Bebo for pennies on the dollar source

17 Jun 2010 11:06

tags

Tech: AOL sells its forgotten social networking lemon, Bebo

  • $850
    million
    amount AOL spent on Bebo, a Facebook wannabe, when they bought it two years ago
  • chump
    change
    amount AOL likely sold Bebo for today; it was a terrible investment for the company source