website such as text crush, aol defense, aol government new site helping to shape a new type of highly specialized journalism. this of course reshaping and redefining and restructuring has come with some anxiety. along with hiring some of the biggest names in journalism and building out a large new staff, aol has agreed under haslett go 700 workers and squelch the careers of some bunning writers and editors. while every poorly paid huge salaries to some of its top journalist, it also plays bloggers the opportunity of being online. some of its contributors also get relatively low money. "huffington post" tendency towards dramatic presentation will also sometimes blurring the lines between opinion and fact has run some scorn from some traditional journalists. let's get to our speakers now. as chairman and ceo of aol, tim armstrong may be a new medium mobile but he got his start in an old school style, running a newspaper. fresh out of college he and a friend started a tabloid called bib in boston in the early 1990s and was aimed at new graduates entering the workplace. a few years later

aol was just getting started. it was the fifth largest service at the time behind prodigy, delphi, compuserve, and many others. i was the deputy editor of time magazine. i made a deal that we would try this out. we put time magazine online. we had to deal with steve case. they only had to enter thousand users. i finally said that the final deal point was i want my name at aol.com. i still have it. part of that arrangement that we made was great for time magazine because for 60 years there had been this monopoly-type of mainstream media where information was handed down. in the broadcast media, any 17- year-old to start a press in philadelphia, but it is hard to start a tv network or a radio network. metropolitan newspapers consolidated said it would generally be just one or two newspapers. it became mainstream and people in the media headed down the words as if they were in grave. when we went on aol -- the information, the people challenging our facts, the wonderful bulletin board culture. the other thing we had

aol bought the huffington opposed. in the middle east, we saw how citizen journalists are reporting on the uprisings, and in papers like the "san francisco chronicle" are finding ways to collaborate with groups like spj's journalist of the year in northern california. his last three of this year's winners were new or nonprofit media, a ratio that would have been unthinkable just a decade ago when newspapers and large tv stations dominated the news media. to be sure, most of the hard work is still ahead of us. few new start-ups turn a profit. many community newsrooms' still rely on volunteer labor, and broader economic issues. we want to encourage the members of our audience here at the public library to drive this discussion. this is your chance to ask these experts what is happening to the news that you depend on to make your day to day decisions. our conversation tonight will include five elements -- we will talk about the quality of reporting available to the public and move on to what is being done to create sustai

when aol went down, they took that away. a lot of the features in facebook were things that he grew up using on a a well. it's an important part of our business in the future. >> for those of us old enough, we remember when you dial up aol and you hear that iconic modem sound and the "you've got mail" peace. to go back to that, you have a startup incubating in a large corporation. is it important for the user to know that endgadget is part of aol.com? >> we did a brand that study last year and aol -- most major brands have three attributes. aol only has two at this point. trust, brand awareness. they said they have never seen anything like this before. you have over 95% trust with consumers and you have 95% awareness with consumers, and you have no other attributes. the secret sauce for us is if we could connected third attribute to that experience and we would go back to being one of the most powerful brands on the planet. all we're hoping the third attribute of the aol will be is content. maybe like disney, were you do not

and back in the days when aol was the way we got on and everybodied had a cd that we loaded and we'rethe aol environment, that burst apart simply because all of the services one company provideded couldn't satisfy the sdrirs of everybody. and the same will happen which is why the open web always wins. so it frightens me that there are being temporary controls put on that. >> how temporary, i'm not so sure. >> android has exploded. other platforms will exemployed. full hdml 5 complied browsers will explode and that will start picking away at these platforms. >> a typical firefox user, do they use multiple browsers? >> a little bit less today, but going to the same place. and that is most of us both in tech and outside of tech use mull t multiple bruiser ebrowsers. so it's common. >>> okay. coming up on friday, hp launched its new tablet. up next, daniel burriss on why companies should pot chase their compete competitors when "press: here" continues. >>> you've no doubt thought a great deal about your biggest problem. not enough money, trouble with your boss, unhappy investors. my next

and rod is the own of aol small business. great to to see both of you. this was particularly interesting to me because my mother and brother start ad company called job track, which took an try that was completely inefficient which was job listing for colleges for company. it wasn't a glamorous business. they sold it to monster eventually and the same with bathroom in a box. simplifying an industry that seems like you're in the market to start a business. it might be a smart thing to just look at things that you deal with when you're frustrated. >> bathroom in a box is catchy as well. my only concern is and i don't know if it was fully addressed what kind of choice do you have. when you go to the lighting district here in new york city you got thousands and thousands of light fix tuesday to choose from. there's some beauty in that. how much choice is given? >> i also thought what's to stop from home depot or lowe's. >> you saw several times in the package they referenced home depot and lowe's. i share your concern about choice. having everything in one p

hey, on-line services, aol is going to do great. i thought, it's doing great, but microsoft says there going to crush a well. may be time to sell. i sold. so again, just pure investing. pure, pure investing, i see some are being picked up. >> i have to ask you. >> please feel free. >> i have to ask you this question. last year you filed and refile a lawsuit basically against the entire internet. >> was it that brought? >> it was that brought. basically young newcomer facebook, google, aol, ebay, am i missing somebody? copyright infringement. so the -- patent. >> this patent. yes. so why does he do that? >> i can't talk about the details of the lawsuit. i think it has done a lot of notice because of the individuals involved. i had a research company here in the valley years ago called interval research. there might actually be some people here. >> is not around anymore. >> yes. it's not around anymore. it was a wonderful experience. in terms of start companies it came out of it directly, very, very, very modest success. created some

with less than three weeks to resolve this issue, president obama told congress aol leaders it's decision time. he has given them a day off, told them to talk to their caucuses and figure out a path forward. for the first time this week there will be no face-to-face meetings at the white house today. the talks are stuck. the president wants a big deficit reduction plan that would also raise revenue by rolling back hacked credits for wealthy americans and large corporations. republicans are holding the line say nothing new taxes. >> that's a place where i don't believe a single republican in the house or senate are willing to go. >> reporter: fearing the talks might fall apart, senate minority leader mitch mcconnell and majority leader harry reid are working on a backup plan based on a proposal mcconnell presented earlier this week which would allow the president to raise the debt ceiling in three increments through the 2012 election. >> hopefully we can come up with this big robust deal we've been trying to get. until we do that we're going to look at other alternatives. >> reporter: with

hail well was coming out -- aol was coming up.hose that remember prodiby, delphi, compuserve, many others. i made a deal because i was the deputy editor that i would try this out. we put time magazine online. they only had 200,000 users, but i still cannot get my name. i said, the final deal want is that i want my name. some poor guy got kicked off or have his e-mail account now directly said to robert murdoch or whatever. part of that arrangement that we made was afraid for time magazine because for 60 years, there had been this monopoly type of mainstream media where information was handed down because of the rise of the broadcast media. any 17-year-old could start a press, but it was hard to start a tv network or a radio network. in the metropolitan newspapers were consolidated into their would generally be one or two newspapers. people in the media handed down the words. the most interesting thing that happened was in the early 1990's, the feedback. the discussion. the correcting of fact, the people that added information and

the authorities are searching for accounts and an aol account. they're looking at evidence and distribution and possession of child pornography. no word if the e-mail and facebook accounts provide any useful information. >>> the police investigators labeled her death a murder and refused to say how she was killed. >>> bad news for the economy on the job front today. june unemployment numbers showed that hiring took a dive. this lead to an unemployment rate rise. the economists were expected 150,000 new jobs would be added, but only 18,000 were added. >>> the stock market plunged after the jobs report was released. all of the markets are down. >>> breaking news this noon about the nfl lockout. a key victory for owners in a courtroom today court of appeals lifted the lockout saying that the judge ignored federal law reaching her decision. meanwhile, they'll continue negotiations that would allow the 2011 season to start on time. >>> those food trucks roaming around the city won't be hard to find tonight. baltimore's first food truck rally will hit

aol bought the huffington opposed. in the middle east, we saw how citizen journalists are reporting on the uprisings, and in papers like the "san francisco chronicle" are finding ways to collaborate with groups like spj's journalist of the year in northern california. his last three of this year's nn

with aol cofounder steve case, housing secretary, shaun donovan, and educator, geoffrey canada, and finance expert, suze orman, and and entrepreneur russell simmons. but first john mccain spending the 4th with the troops in afghanistan. i'm candy crowley and this is "state of the union." >>> minutes ago we were joined from kabul by the ranking republican on the armed forces committee, john mccain. you have been fearful that withdrawing the troops by september of next year is risky to the troops and advances made on the ground. have you seen or heard anything that causes you to rethink that? >> no, basically what i have seen and heard here, both from afghans as well as a number of americans is that it's an unnecessary risk, and it's not recommended by any of the military, and i hope it will work out, but it certainly deprives us of the troops that we need for the second fighting season. >> lieutenant general john allen, as you know, is the nominee to be the u.s. commander in afghanistan. he was testifying on capitol hill this week, and i want to play you part of what he said and basically hi

the other warrants allows police to get information into several yahoo and aole-mail accounts two ofhich contain the name phylicia. the move doesn't necessarily mean that the case has a sex crime element, but that evidence of sexually explicit material discovered during the investigation could provide new insight into her death. she disappeared after christmas last year. her body was found months later near the conowingo dam. so far no arrest has been named or suspects named in the casep we will continue to follow this case and bring you the very latest information as we receive it. reporting live in downtown baltimore, sherrie johnson, abc2 news. >> all right, thanks a lot. >>> 5:47. an illeam legal immigrant accused of posing as a member of a rock fella family is due in court today in california. he goes by the name of clark rockefeller was extradited from boston where he was serving a sentence for kidnapping his daughter. 's had been-- he and his daughter were found here in baltimore after authorities were look for him. he is charged with killing a man in southern california more

major league eating president, who knew there was one, george shea, told aol news the record is a farceaying quote the champion of the world is crowned in coney island, always has been, always will be. kobayashi put a tin crown on himself and called himself king. those are fighting words. kobayashi has been banned from the contest because he would not sign a contract with major league eating. the the contest governing body. go figure. big figure, i'd say. 4:52 now. nasa's latest project that's giving them a look at creation. for all of your news and weather and traffic check us out on facebook, search nbc bay area morning news. >> thousands of people stayed out late just to see the fireworks. number of shows around the bay area and the weather certainly helped out. in san francisco, the fog stayed away, giving people a perfect view of the show. always great to try to sleep through that too. let's take a look at the morning commute this morning. christina's pulling double duty. >> indeed. were they going off in your neighborhood? >> oh, yeah. >> really ridiculous. i thought it's going to

in some way and with ail -- aol in another way. you need the types of connections with more established or at least larger players in order to survive. the other reason is that the proliferation of sites has caused a change in the way people get their news. no longer do they just go to what we call destination sites, which was essentially a newspaper online. they are getting their news on facebook and google and bing and search engines. to be out there in that news sphere, you have to have different ways of attacking a and having connections and distribution arrangements. >> i would like to add that proliferation of new sites creates more demand for content, which creates more opportunity for professional writers. before you think about going into news as a business as an independent publisher, you have to think about what the need is, if there is a need in that particular space for another site, and then how you distinguish yourself and the content you provide. i wanted to go back to the question about the funding investments in j

he is editor-in-chief of patch.com, a division of aol that provides news to specific communities. very local. after him, we have the managing director for local news at yahoo.com, guiding the company's local coverage nationwide. last but not least is the senator who represents san francisco and san mateo counties, and he is the recipient of spj's freedom of information award in 2010. that is our panel. back to you, rose. >> before we start, i want to get a sense of who we have in the audience. how many of you currently work in the media? lots. how many of you used to work in the media? how many of you want to work in the media? ok, good. that will give us a sense of who we are talking with. great. every friday, we have a media roundtable and invite international, alternative, and mainstream journalists to talk about coverage of the week's news. we believe it is important to highlight good journalism because so much of it gets passed over. we think it is also important to start off on a positive no. with that, i want to start off on a positive note tonight. i worked with very. we w