A Little Bit:
A few hours ago, Time Warner [TWX] announced the ousting of CEO Randy Falco and COO Ron Grant from the helm of AOL, LLC, replacing them with Tim Armstrong, lately of Google [GOOG] as one of its SVP’s. The tenure of Falco and Grant has been marred with a tremendous amount of turbulence and controversy during a time when AOL could ill afford such occurrences; it is expected that Armstrong will bring some calm and direction to the beleaguered online advertising/properties firm. There is even speculation that AOL will finally be spun off from Time Warner.
