• CNet, Friday, October 23, 2009 4:08 PM

Any CEO -- particularly in the digital space -- will tell you they've got some really exciting stuff in the works. But, AOL head Tim Armstrong says he really does.

"We have been working on something for the last three months that I think is a fairly substantial shift in our technology," he told attendees at the Web 2.0 Summit in San Francisco on Thursday. "When that's ready to announce, maybe we'll come back and talk to you about it," in said in lieu of a real announcement.

The Social blog speculates that the announcement "has something to do with the framework that powers AOL's network of blogs and content properties." Said Armstrong, "It's a broader platform with more information around content and the creation of content ... We see that platform evolving to a much higher scale."

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