Let's look back at how CEO Tim Armstrong described the company in 2012.

It might sound crazy, but it's all about mobile video ads.

It isn't for the dial-up.

Here are the stories we're reading and numbers we're watching Monday.

The venture capitalist discusses how the web has changed 30 years from AOL's start

Companies' merger was once hailed as the leading edge of a new age, the Internet.

AOL still has users. And they're getting a lot for their membership.

Isn't his board getting tired of the mea culpas?

AOL CEO Tim Armstrong was having a conference call last week with Patch employees about shutting down sites and laying off staff, when he did something that surprised everyone.

AOL hoped to create a viable new model for local news, but now it's planning dramatic cuts to Patch sites and staff.