AOL: AOL’s Doogie Howser

AOL appears to have found a great doctor. The former king of the internet has hired wunderkind Google sales boss Tim Armstrong. That suggests a spinoff from Time Warner may be near. Freeing AOL from its parent can’t hurt its prospects, but Armstrong is still going to need more than just basic skills to resuscitate AOL. It’s true, the fading internet group does need someone to stop the bleeding. Before its merger with Time Warner in 2001, AOL boasted a market capitalisation well over $200bn. Toda...