One arranged marriage to a Hellenic blogging empress and massive employee cull later, obsolescence-battling internet service AOL finally finds itself facing the music. But despite an 86% tumble in profits, chief executive and content cheerleader Tim Armstrong remains unflappably optimistic about the company's prospects. His plans might be bold, he acknowledges to The New York Times, but they're working!
Employees at Google and AOL are among those going barefoot today to raise awareness of shoeless poor kids. If only there were some other way rich techies could help third world children, aside from disgustingly and dangerously removing their shoes!
In your warming Monday media column: Jacob Weisberg points out that The Daily has no clothes, CBS is still wooing Katie Couric, rumors of Gannett getting rid of USA Today, Arianna Huffington stiffs a high school reporter, Dan Le Batard hammers a word stake in Deadspin's black heart, and alpacas attack.