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Another 17 of America's richest people, including Facebook's Mark Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have pledged to give away most of their wealth.

Project Phoenix isn’t a close sibling to the old AOL mail, more like a spiffed-up (very) distant cousin. The new system can aggregate other e-mail accounts (point one), allows for quick multimedia messaging (point two) and offers the chance to grab a user name that might actually be, well, your real name (point three).

AOL's earnings more than doubled amid gains from asset sales, though ad revenue dropped 27%. CEO Armstrong said AOL is on the path to recovery, with much of the revenue declines "self-inflicted."

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.

AOL has been in talks to acquire technology blog TechCrunch, according to a person familiar with the matter.

AOL's Propeller Team has announced on their website that Propeller.com will be no longer active from October 1 2010.

AOL is preparing to introduce a larger, splashier ad format that it hopes will attract more ad dollars from big brands and help revitalize its business.

AOL is adding talk-show host Ellen DeGeneres to its family of Web properties as it looks for ways to draw more people to its sites.

Google Inc. will continue to provide the search results on AOL Inc.'s websites under a new, five-year deal the companies signed this week. The agreement largely reinforces an arrangement that has been in place between the two companies since 2005. But the new contract, announced Thursday, also expands their cooperation onto AOL sites for cell phones and other gadgets. And it will put AOL video content on Google Inc.'s YouTube site for the first time.

AOL is conducting internal tests on a new version of Aol Mail, two sources tell us.