By Jennifer Saba NEW YORK (Reuters) – AOL Inc is handing majority ownership of Patch, a money-losing network of local news websites, to New York investment firm and turnaround specialist Hale Global in a joint venture announced by the companies on Wednesday. AOL will transfer Patch to a new limited liability company run by Hale […]

NEW YORK (AP) — AOL is handing over operations of its troubled local-news business, Patch.

Winamp, the popular music player of the late ‘90s and early 2000s, was supposed to shut down on December 21st, but it has lived on into 2014. Following rumors of a potential Microsoft acquisition, Radionomy confirms that it has acquired the media player from its owner AOL along with Shoutcast, an internet radio broadcasting service that AOL also owned. […]