• The Wall Street Journal, Monday, March 14, 2011 12:17 PM

Twitter co-founder Biz Stone has agree to assist AOL as a "social impact" strategic adviser, reports The Wall Street Journal. With no plans to leave Twitter, Stone will reportedly work on cause-based initiatives for AOL, including the creation of a system to help people volunteer in their communities, and a video series featuring companies committed to philanthropy.

In a statement, Stone said he agreed to take the additional role to "rally companies to think about new ways of doing business." Stone's appointment is one of several new hires by AOL's Huffington Post Media Group. John Montorio, who has worked as an editor at The New York Times and Los Angeles Times, is joining as culture and entertainment editor, while Howard Fineman, an analyst for NBC and MSNBC, will become editorial director of the group.

Read the whole story at The Wall Street Journal »