AOL to break up

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Demand for fast internet connection is expected to keep growing
AOL, the world's largest internet services provider, is to split itself into four separate divisions.
The firm, which is owned by media giant Time Warner, is carrying out the move to cut red tape and boost profits.

Three top executives will also leave the company, which has already announced plans to trim the workforce by about 4%, or 700 employees.

AOL has seen its number of subscribers shrink in recent years amid fierce competition in a crowded sector.

source: bbc.co.uk
full story: news.bbc.co.uk/1/hi/business/3998287.stm
 
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