ATD: According to sources, AOL will be announcing that it is making cuts of up to 40 employees in its communication products teams, specifically its AIM instant messaging and AOL Mail units. As part of the changes, its SVP of business operations, Eric van Miltenburg, and AIM head Jason Shellen will be leaving.
Internet pioneers Yahoo and AOL are changing hands yet again as Verizon is selling its Verizon Media branch for about $5 billion
One of the lab's first projects is for Time Inc and Sports Illustrated.
Next week's November issue of ELLE will now feature AR.
