Hightail Inc., the Internet file- sharing company formerly known as YouSendIt, raised $34 million to expand globally and add cloud offerings.
AOL Inc. Chief Executive Officer Tim Armstrong plans to reorganize the company to combine its dial-up Internet access business with its Web services, including AOL Instant Messenger.
Cloud software companies can’t expect as much profit as traditional vendors because customers increasingly have more choices, Box Inc. Chief Executive Officer Aaron Levie said today.
Facebook Inc. introduced an e-mail service for users of its social-networking site, stepping up competition with Google Inc., Yahoo! Inc. and Microsoft Corp.
AOL Inc.’s Alex Gounares, a technology executive the Internet company hired away from Microsoft Corp. in 2010, is stepping down to pursue a business startup.
AOL Inc. Senior Vice President David Temkin, who oversaw technology products including mobile software and e-mail, is leaving the Internet portal amid a restructuring of its technology group.
AOL Inc., the Internet company that owns the Huffington Post news website, plans to cut jobs, including workers at its AIM instant-message service, according to two people familiar with the matter.
AOL Inc. is firing as many as 40 people in the group that includes its AOL Instant Messenger service, while executives Eric van Miltenburg and Jason Shellen depart, three people with knowledge of the matter said.