Yahoo! Inc. Chief Executive Officer Marissa Mayer landed on the French Riviera last week with a posse of space adventurers. Her goal: Convince advertisers that the Internet -- with programming such as a new Yahoo sitcom about an alternate universe -- can be as effective as television for pitching brands.
AOL Inc., the owner of the Huffington Post and TechCrunch, said Chief Executive Officer Tim Armstrong was paid $6.48 million last year, a 46 percent decline from 2012, when he was awarded larger stock options.
After more than five years of reporting on school-board meetings and community bake sales, AOL Inc.’s Patch is now at the center of another story: whether the company’s bet on local news can be profitable.