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The following article was published in our article directory on April 13, 2011.
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Article Category: Business
Author Name: Amanda xzh
Beijing time April 13 news, according to foreign media reports, in The price of $3.15 bought news commentary website "Hector fenton reaction Post The Huffington Post (), shortly after The AOL is seeking for its localization news website The Patch hire up to 800 full-time employees and reduce use free author.
"Hector fenton reaction post co-founder, AOL media department chief ali, Anna Hector Arianna Huffington fenton reaction () said Wednesday that she plans to overlay nationwide by about 800 local market AOL Patch website increases its content. AOL or for each Patch website will be looking for a full-time journalists, but eventually recruiting new employee number is still unknown.
60, Hector, "said fenton reaction every website will have their team, because have a team will be better out many." At present, the content of each Patch website by a full-time local editing and free author responsible. Hector fenton reaction Patch website, said will join blogger and comment on the page. These social factors help "Hector fenton reaction after the post's six years after creation by news model changes into a month polymerization user traffic $25 million independently of the website. She said: "we will fundamentally makes Patch more social characteristics, this is a good way to attract people." She also said that the future she will appoint a new editor executives responsible for social media.
The national expansion
AOL time warner in 2009 from its spin-off out. After completing the spin-off of the past five quarters, AOL's revenue has been in decline in. The takeover "Hector fenton reaction post to help increase a company's online content and ascension advertising revenue, AOL in March this year, the company said in global layoffs 900 people. AOL current employees, for a total of 5,000 people Patch occupied AOL around 20% of the total number of employees worldwide.
Also on Wednesday, "Hector fenton reaction post and AOL was indicted in New York. The plaintiff in lawsuit pointed out that the two companies to offer for its content without the blogger pays fee. The lawsuit, blogger Jonathan by Jonathan Tasini seneh (tower) mention. "Hector fenton reaction post spokesman said in a statement that" the allegations are baseless. As we previously said, our blogger using our platform and online payment blog, other than to make as many people as possible to see their works."
AOL shares on the New York stock exchange on Wednesday 18 cents, rising 19.98 dollars in barrel. Since this year, the company's share price has reached 16%. Cumulative decline
Market challenges
AOL CEO Tim Armstrong (Tim Armstrong) in 2010 invested more than $50 million for the expansion of the Patch. Patch aims to attract native online advertisers. Armstrong in 2007, when Google was ministering to Patch the startup investment $4.5 million. After becoming AOL chief executive in in 2009, AOL bought Patch.
More than 800 number just Patch website. According to Patch spokesman revealed, the Patch NiuWaKeShi and New Jersey also opened a new website. Patch in August 2010 website is only 100 total. Patch for population 15,000 to 7.5 million in between communities. In the advertising market, this site is facing growing competition localization blog, its rivals include stood Groupon.
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