WOW! Remember when AOL was King? Now it seems they are just Tardy For The Party. In any event, their stocks rose (if only slightly) after they purchased the geo-location social networking site Rally Up. I’m already checking into five different places and starting to narrow it down to my top three. I, for one, will not Rally Up anywhere but good luck to AOL in it’s attempt to remain relevant.Amplify’d from news.yahoo.com
Internet company AOL Inc. has purchased location-based social networking service Rally Up for an undisclosed sum.
New York-based AOL said Tuesday that Rally Up’s mobile applications will add to its consumer applications unit. The company will join AOL in its new office in Palo Alto, Calif. Rally Up will work with AOL’s vice president of mobile, David Temkin, on creating products that are first released as mobile applications, AOL said.
Rally Up started in 2009. It offers a social networking app by the same name for Apple Inc.’s iPhone and iPad, and has submitted another application to Apple’s App Store called FacePlant that is meant to let iPhone users see friends and start a video chat over the iPhone’s FaceTime app.
AOL shares rose 5 cents to finish regular trading at $22.22.
See this Amp at http://amplify.com/u/9im5