AOL, a company that’s been struggling with shrinking sales over the last several years, may be looking for new sources of income. According to Bloomberg “three people with knowledge of the matter” said the company is hiring investment firm Evercore to find buyers or licensees for some of its more than 800 patents. The three sources also said Evercore would “explore other strategic options” for the company, without going into more detail.
Read the full story at Ars Technica
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.
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