An 83-year-old Los Angeles man couldn’t believe the bills AT&T kept sending him for his simple landline phone account—more than $24,000 over two months. But the company insisted he had to pay it, even though it seemed impossible that dialing up to AOL—the only thing he really used the line for—could cost that much.
It turns out that AOL users are not only confusingly out of date regarding their email service, but also they are more likely to head to a strip club for bachelor party festivities. AOL users account for 25.7% of pre-booked entries to strip clubs. Yahoo users follow with 24.6% and Hotmail after with 21.8%.
AOL is shopping around TechCrunch and its other tech properties for around $70-100 million, according to PandoDaily. TechCrunch's history since AOL bought it in 2010 has been as turbulent as the private roller coasters many Facebook employees will likely install in their Silicon Valley mansions post-IPO. After Arianna Huffington was named ruler of AOL's editorial domain she squeezed out former TechCrunch boss Mike Arrington. But it seems she just couldn't be bothered with TechCrunch—after all, it's not even named after her. Now she's refocusing on the Huffington Post.
Yahoo, Microsoft and AOL just sealed a deal to sell premium display advertising space for one another and for any smaller companies that join the consortium. That sounds like an antitrust case in the making, but the parties have one accurate defense against charges of collusion: Google is bigger and scarier.