America Online Changes Name to AOL

Time Warner's America Online division has officially changed its name to AOL, LLC., a move that is intended to aid the company's efforts to shed its aging image as a dial-up service provider. AOL has been busy rolling out a new generation of Web services targeted at consumers outside its walled garden, including those not in the United States.

"Our company long ago accomplished the mission implied by our old name. We literally got America online," said AOL's chairman and CEO Jonathan Miller in a statement. "Our new corporate identity better reflects our expanded mission -- to make everyone's online experience better. Plus, consumers in the U.S. and around the world already know us by our initials."