Steve Case, founder and CEO of AOL, reported a painfully weak first fiscal quarter, ended 30 September, with a loss of nearly $354 million (#221 million) after being hit with a bill of $385 million for a new PR campaign.
AOL reported a loss of $3.80 per share for the quarter, compared to a loss of $0.14 per share ($10.9 million) for the same period a year earlier.
The worldwide PR campaign, which involved sending out videos and extensive advertising, is seen by many as a desperate effort by the company to hang onto the customers it has amid reports that so-called "churn" rates are too high for AOL to support.
AOL currently has 6.9 million subscribers worldwide.
Antarctica lost on average 252 gigatons of ice mass per year from 2009 to 2017, claims study
Buyers can demand refunds if they've had a game for no more than 14 days and not registered more than two hours of play
Total lunar eclipse 2019: 'Super Blood Wolf Moon' to be visible across Europe and North America on Sunday night
Moon will turn reddish-orange in colour during this weekend's total lunar eclipse
Hackers to compete for prize money of between $35,000 and $250,000 cracking the Tesla Model 3 at this year's Pwn2Own contest