We heard reports today that AOL has sold off it's "Patch" division to a new owner and they have suspended the sites in Michigan and other states.  They have laid off hundreds of employees nationwide as well. “Patch is being restructured in connection with the creation of the joint venture with Hale Global. Hale Global has decided which Patch employees will receive an offer of employment to move forward in accordance with their vision for Patch and which will not,” said COO Leigh Zarelli … [Read more...]