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December 16, 2013 03:30 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/u2NFiTqV_ds/
Update: AOL Says Its Hyperlocal News Network Patch Is Not Closing
Update: AOL says implications that Patch is closing down are inaccurate. A New York Times article stated that AOL is reportedly planning to dismantle Patch or sell it off to various partners, even though CEO Tim Armstrong "cannot quite admit that it is over." In response, a spokesman for the company told TechCrunch that it stands behind what CEO Tim Armstrong said at a Dec. 11 UBS conference (PDF link) and in AOL's last three earnings calls about Patch.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/u2NFiTqV_ds/
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