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SAN FRANCISCO — AOL is trying to remake itself, yet again.What are they doing? Why are they doing this? Those are the questions everyone seems to be asking. I mean they bought a technology news blog recently, as the excerpt above says. Reports are the this latest acquisition will bring news content to AOL pages. Still one has to wonder why? Will AOL become a content provider? Attempting to go against Google? If so, will they get out of the access business altogether?
The new strategy in many ways resembles the old strategy: make acquisitions to attract traffic and reverse a continuing decline in advertising and revenue from its dial-up Internet service. In the latest iteration of its do-over, it is paying $315 million to buy the liberal news commentary site The Huffington Post, not long after paying $25 million to buy TechCrunch, the Silicon Valley technology news blog.
- The New York Times
Ditch Your Car and Save Money: Do you realize how much it costs every year to own a car? Did you know more and more people are getting by without a car? When factoring in other costs, such as car payments, maintenance, and gas, AAA found that the average annual cost to own and operate a sedan is $8,487 . That comes out to $707 a month.
- Frugal Cyclist