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Filed under: Business, Internet, AOL

AOL to let you opt out of ad cookies

AOL AOL has announced plans to let users opt out of targeted advertising. Right now AOL (which happens to be this blog's parent company) and many other web sites place cookies in your browser allowing the site to serve up targeted ads every time you visit an AOL web site.

By the end of the year, AOL plans to offer you the ability to opt out of targeted advertising. You'll still see advertising, but AOL won't be tracking your personal data. The company will also launch a public service campaign letting people know about their right to opt-out by placing banner ads on various pages.

Advocates of targeted advertising say the cookies make it easier for web publishers to serve up ads that readers will be most interested in by tracking browsing habits. That doesn't do much to ease the privacy concerns of people who read 1984 as a work of non-fiction.

The opt-out technology was developed by behavioral marketing firm Tacoda, which AOL purchased earlier this year. Somehow we didn't think AOL was buying a behavioral advertising firm in order to serve up less targeted ads. But the New York Times reports that while AOL will let users opt out, it will try to convince them that they should opt in. After all, if you're going to get ads anyway, wouldn't you rather they be for sales on your favorite movies, music, and other items?

Of course, the only way for AOL to know which computer users have opted out of targeted advertising is to place a cookie in your browser.

Filed under: Business, Internet, AOL

AOL HQ moving to New York, business model moving to advertising

AOL There's big news from AOL today. This blog's parent company is moving its corporate headquarters from Dulles, Virginia to New York City as part of a new advertising-based business model.

Over the last few years AOL has been making the transition from a company that was primarily a internet service provider to one that provides content and access to online services like e-mail and instant messaging. Goodbye billions of free trial CDs, hello advertising.

A few months ago, AOL purchased behavioral-targeting ad firm Tacoda. AOL already owns several other online advertising properties including Advertising.com. The company is putting all of its advertising resources together in a new group called Platform A that will focus on matching advertisers with AOL and third party advertising opportunities.

The company will continue to have office space in Virginia, Mountain View, CA, and other locations. But the headquarters will be moving to New York, which is widely seen as the advertising capital of the country.

Filed under: News, AOL

AOL to acquire online ad firm TACODA

TACODAWhen Google goes and buys DoubleClick and Yahoo! responds by purchasing Right Media, what does that leave for companies like AOL? How about behavioral-targetting ad firm TACODA?

Today AOL (this blog's parent company) announced that it has entered into an agreement to acquire TACODA. AOL plans to use TACODA's targeted advertising technology to extend its own ad network. TACODA currently serves up ads for about 4,000 websites reaching over 125 million users.

Terms of the deal haven't been disclosed, but the New York Post reports that AOL could be paying from $200 to $300 million for TACODA.

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