AOL’s ongoing push to turn its business around and focus on more ad-tech fuelled media plays continues apace: today the company appointed a new CTO, William Pence, who it’s hired away from WebMD, where he was also CTO as well as EVP. He will be replacing Curtis Brown, who will stay on “for a number of months” for the transition, according to an internal memo from AOL’s CEO Tim Armstrong.
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.