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AOL posts $1.1 billion loss as ad sales decline

Posted on August 5, 2010 by

AOL Inc. posted a second-quarter loss of $1.1 billion on Wednesday, as the Internet media firm absorbed a charge stemming from its shedding of social-networking service Bebo and struggled to revive its sales of online advertising, even as the broader market appears to be recovering.

Read the original post by MarketWatch

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