(Journalisms) — 1. Jobs Open Up on Internet: Tim Armstrong, the CEO of AOL, made the startling statement in May that his company employed 4,000 journalists, 3,500 of whom were part-time or freelance. ”That’s pretty decent growth in a matter of six months,” Leena Raowrote then on TechCrunch.com. “Of course, AOL has launched a number of content initiatives, including buying hyperlocal news site Patch and launching content machine Seed.com. Armstrong says that AOL is really ‘taking local to a local level.’ Patch is now in 53 markets in 5 states, including Connecticut and California. And it’s been reported that AOL will pour $50 million into Patch this year and plans to roll out the model to ‘hundreds’ of communities in the future.”

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