25-Jul-2008
Story Timeline: 169 days
If you put your faith in "cloud-based computing" at AOL, you could be screwed I've been recommending Xdrive online storage for several years because it worked, you could sign up with an AOL account, it had been around a long time, and it was backed by one of the web's biggest and richest companies. But none of that turned out to be enough. AOL's Kevin Conroy has sent staff a re-org memo (published by TechCrunch) that announces the "sunsetting" of XDrive, AOL Pictures, MyMobile and Bluestring. The memo says: There was a time at AOL when the strengths of our aggregate portfolio of products more than compensated for the weakness of an underperforming product. The realities of the industry and market shifts in online advertising no longer make that possible. To be specific: Personal Media: Bluestring, Xdrive and AOL Pictures will...
[read full story]