09/02/11 The Greenwich Topix News Message Board (14 stories) - TOP STORY: Is The Greenwich Patch News Website Toast?

Greenwich - News September 2, 2011 See Greenwich Weather Is The Greenwich Patch News Website Toast? (greenwichroundup.blogspot) Is CEO Armstrong of Greenwich Taking AOL Private? Since he took over AOL in 2009, now embattled chairman and Chief Executive Officer Tim Armstrong of Greenwich has made no secret of his desire to turn the online giant into one of the most powerful media companies in the world. But on Thursday multiple reports on Websites from the Atlantic to BusinessWeek and Fortune Magazine declared Armstrong about to take the struggling firm private, which would mean breaking up AOL's multiple pieces and selling them off, while closing down others entirely. There is also rampant speculation that Armstrong could walk away with a multimillion dollar buyout to launch a run for elected political office in Connecticut. The Greenwich resident and former head of Google has repeatedly issued public comments denying plans to take the company private, or close Patch, it's hyper-local news websites. But most media outlets aren't buying it. "Patch, the sprawling network of hyper-local Websites that now reaches from California to Maine, will likely be killed off completely," according to a report Thursday on the Atlantic Website. "Nobody will want to take on a division that continues to lose something in the neighborhood of $160 million per year, or almost $500,000 per day. Those editors and writers? Gone. And nobody will miss them, with current traffic to those sites equivalent to that of a good personal blog," the Atlantic reports. The rest of AOL, the non-core assets, will be parceled off, according to the Atlantic, which states that "Google could pick up AOL Mail and AIM, maybe MapQuest, incorporating them into existing assets." After struggling for years with a falling stock price and a perceived lack of confidence in its management, AOL "may finally be ready to break up the company" is how Investor Place describes recent talks Armstrong has had with bankers about taking the company private, the Atlantic also reports. New Bank Branch Slated for Prominent Larchmont Corner (Patch) Last November, Chase completed a new glass and brick branch at 125 Chatsworth Ave... ... the bank to increase its services to affluent customers and in July, the bank opened Private Client branches in Greenwich, Connecticut and in Manhattan. The building, which formerly housed the Chase branch that moved across the street last year, has ... Greenwich to Hold Lottery for Ballot Position (The Daily Greenwich) Greenwich's Registrar of Voters announced it will hold a public lottery to determine the horizontal order of names on the November ballot for multiple-candidate offices such as first selectman. Please send your comments, news tips and press releases to GreenwichRoundup@gmail.com Greenwich Candidate Faults Tesei on Storm Cleanup (The Daily Greenwich) First Selectman candidate John Blankley called on First Selectman Peter Tesei Thursday to take responsibility for Greenwich's lingering problems in the wake of Hurricane Irene. Why is it taking so long to restore power in Greenwich after Hurricane Irene? (theoriginalgreenwichdiva) As of 5:00 p.m. on Thursday, there were 207,000 Connecticut Light & Powers customers without power and about 2,000 of the CL&P customers live in the Backcountry section of Greenwich. OK, in the scheme of things, 2,000 is not a large number, but if you asked residents on Buckfield Lane five days without power, phone, internet and a nasty hazardous oil spill in a big deal. Stamford Resident Treated for West Nile Virus (Patch) An unidentified, elderly resident of Stamford has tested positive and has been treated for the West Nile Virus, according to the Connecticut Department of Health and the office of Mayor Michael Pavia.... ... said in a press release. According the the CT Dept. of Health, the first case of West Nile Virus originated in Greenwich during 1999 and spread across the east coast, reaching states such as New Jersey and Maryland. The primary source of the disease ... Good news for a change: Cos Cob couple wins $10K on scratch ticket (Connecticut Post) There was no shortage of unhappy Greenwich residents at the beginning of this week, as the town recovered in the wake of Hurricane Irene. Police Arrest Bronx NY Man For Motor Vehicle Burglaries, ID Theft (Patch) A Bronx, NY, man was arrested via warrant on August 31 in connection with a motor vehicle theft and several motor vehicle burglaries that occurred in Greenwich between Sept. More Greenwich News... Greenwich Local Sports Westport Scores and Standings: Sept. 2 (Patch) The Daily Sports Digest is designed for you to add your best photo and/or video to share i»¿. If you see anything in our scores, standings, or schedules that requires updating, please e-mail sports editor Bob Birge at bob.birge@hotmail.com The Fairfield County Sports Commission today announced its 2011 Sports Persons of the Year in each of the 15 ... OldGreenwich's Alicia Dibos , who plays out of the Winged Foot Golf Club, tied for 10th Wednesday at the 24th ... George Albano column: It was a summer of firsts in Norwalk (The Hour Online) It was a summer of firsts for Norwalk in 2011.The Legion baseball team won its first state championship. Greenwich Looks to Move Past Dismal 2010 Season (The Daily Greenwich) To say that the 2010 season was a disappointment for the Greenwich High School football team would be an understatement. New Canaan Sports Digest Sept 2 (Patch) The Fairfield County Sports Commission today announced its 2011 Sports Persons of the Year in each of the 15 communities the Commission serves. ... sports honorees will be recognized at the annual Sports Night awards dinner, Monday, Oct. 17 at the Hyatt Regency Greenwich at 6 p.m. In each of the 15 communities, a committee headed by a local town representative of the Commission, selected a ... Greenwich Scores and Standings, Sept 2 (Patch) The Daily Sports Digest is designed for you to add your best photo and/or video to share i»¿. If you see anything in our scores, standings, or schedules that requires updating, please e-mail sports editor Bob Birge at bob.birge@hotmail.com The Fairfield County Sports Commission today announced its 2011 Sports Persons of the Year in each of the 15 ... (Read Greenwich Local Sports... Most Viewed Greenwich Topix Page Frustration mounts as many Greenwich residents still without power (Connecticut Post) Even as more Connecticut Light & Power customers in Greenwich have their power restored in the wake of Tropical Storm Irene, frustrations remain high as more than 3,700 customers were still in the dark Thursday night.