AOL may never be able to patch up Patch - Fortune Tech
TECH.FORTUNE.CNN.COM - The internet company has placed high hopes -- and lots of cash -- in its hyperlocal news venture. But, with just a few sites actually turning a profit, the numbers may never add up.FORTUNE -- It was supposed to be a savior. AOL's hyperlocal news venture Patch was created to fill the void left by the death of local newspapers around the country. Finding a dearth of online news in his Riverside,…
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