Mashable reports that AOL employees revealed Friday on Twitter that news website AOL Music and properties associated with it will close and employees in the division will be immediately laid off. AOL has yet to issue a statement on the events, but Spinner's editor Dan Reilly has been keeping readers updated on the events. . Read More

Slash Gear reports that Yahoo has just named Tekedra N. Mawakana as its Deputy General Counsel and Vice President of Global Public Policy. Mawakana was previously the Senior VP of Public Policy and Deputy General Counsel at AOL, where she worked for nearly 12 years. . Read More

The Wall Street Journal reports that Yahoo Inc. is expected to hire Ned Brody, who was AOL's number one advertising-sales exec until he resigned recently. Read More

TastemakerX, the social game for music discovery, today introduced a new user experience that spotlights members' music tastes evolving toward a new 'Collections' motif, and delivers a new listening experience powered by Spotify, Songkick, SoundCloud and YouTube. . Read More

AOL on Thursday named Susan Lyne as the CEO of its Brand Group, a group that includes some of the Internet's best brands. Lyne, whose responsibilities won't include AOL's Huffington Post Media Group, most recently served as the chairman of online retailer Gilt Groupe, and earlier ran Martha Stewart Living Omnimedia. Read More

gdgt, the consumer electronics review site, said on Wednesday it has been acquired by AOL. Financial terms of the deal were not disclosed. . Read More

AOL's Advertising.com has acquired Buysight, a developer of technology that uses online behavioral data to connect consumers and advertisers in real-time. Read More