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Did Elisabeth Murdoch Just Get Conned?

2:16AM Ryan Tate | It seems Joanna Shields has found another mark. Barely 18 months ago, she sold her also-ran social network Bebo to AOL for $US850 million. The disastrous deal still haunts AOL. Now she’s charmed Rupert Murdoch’s daughter into bankrolling her. How? More »
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Michael Jackson Traffic Melts Entire Internet

2:32AM Ryan Tate | Any doubts about Michael Jackson’s megastardom should have ended after news of the singer’s death tripped up Google and crashed AOL Instant Messenger, Wikipedia, TMZ and, of course, Twitter. A survey of the epic traffic: More »
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Fired AOL Ad Man Was Paid $US60k Per Day

2:13AM Ryan Tate | Gregory Coleman was hired in February to run AOL advertising network Platform A. Two weeks later, the CEO who hired him was out; two months after that, Coleman’s own departure was announced. But at least AOL made it worth his while. More »

Can This Man (and His Millions) Save The Dying Genre Of Documentary Film?

7:00AM Defamer Hollywood | Ted Leonsis never spent a dollar he didn’t think would somehow change the world. And after generating a few billion at AOL, buying a hockey franchise and dabbling for a while in Web 2.0, it was just a matter of time before he jumped into movies, where change follows the money faster (and certainly more glamorously) than any other industry in which he hadn’t already staked a claim. And, like untold scores of entrepreneurs before him, Leonsis’s first couple tries — as producer of the documentaries Nanking and Kicking It — flailed in the marketplace. That’ll happen. More »