Illustration: AOL's gutter by Linas Garsys for The Washington Times
Arianna Huffington, co-founder of the Huffington Post, will hold a top job after the $315 million merger of her website and Internet pioneer AOL. (Bloomberg)
Headlines on AOL's website on Monday, Feb. 7, 2011, announce that the online company is buying online news hub Huffington Post. The $315 million deal represents a bold bet on the future of online news. (AP Photo/Mark Lennihan)
FILE - In this Nov. 15, 2010 file photo shows Facebook CEO Mark Zuckerberg smiling at an announcement in San Francisco. Another 17 of America's richest people, including Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have pledged to give away most of their wealth. They are the latest to join the Giving Pledge, an effort led by Microsoft founder Bill Gates and investor Warren Buffett to commit the country's wealthiest people to step up their charitable donations. (AP Photo/Paul Sakuma, file)
FILE - This file photo made June 7, 2010, shows a sign for Yahoo! in New York. Investors are running up the price of Yahoo shares Thursday, Oct. 14, 2010, after a report saying AOL and a group of private equity firms may bid for the Web company. (AP Photo/Mark Lennihan, file)
FILE - In a Jan. 7, 2009 file photo Ellen DeGeneres poses backstage at the 35th Annual People's Choice Awards in Los Angeles. Starting Tuesday Sept. 7, 2010, 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. (AP Photo/Chris Pizzello/file)
FILE - In this May 7, 2008 file photo, a show attendee leaves the AOL booth at the Consumer Electronics Show (CES) in Las Vegas. Internet company AOL said Wednesday, Aug. 4, 2010, a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter. (AP Photo/Paul Sakuma)
