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AOL Planning To Shutter Some Sites, One Of Its Units Discloses

 AOL owner of TechCrunch, is preparing to lay off staff and close or fold up underperforming titles, reports TechCrunch, which itself is one of its properties. "To be clear: while TechCrunch is part of AOL, we on the editorial side are not privy to what happens at a corporate level," it wrote. "We received this info by way of an anonymous tip. . ."

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