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Roundup: Former AOL execs face fraud charges, MetroFi throws in the towel, fingerprinters point fingers, and more
Posted on May 20, 2008
AOL execs add oddly, allege examiners Eight AOL executives are facing fraud charges at the conclusion of a six-year long investigation by the Securities and Exchange Commission into alleged revenue overstatement of $1 billion during the company s merger with Time Warner. Four of the men have already settled. Given the company s historic performance, it s surprising the remaining four haven t gotten away with pleading incompetence. More at the WSJ. MetroFi municipal WiFi throws in the towel It s the end of the road for MetroFi, one of several startups that envisioned free mun...
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