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AOL Time Warner Netscape CNN... and AT&T?

Baldrson noted a bit running on Yahoo right now where the AOL, Time, Warner, Netscape, CNN mega corporation is in talks with AT&T for their cable network. The inevitable and scary consolidation continues ever onward. The US govt will be sold on eBay in a few years, but only Microsoft and the corporation formerly known as Netscape AOL Warner CNN AT&T Time (NAWCAT) will be left to bid. But since Nawcat will already own ebay, there will no doubt be rumors of unfair play.

5 of 385 comments (clear)

  1. Life imitates art by MegaFur · · Score: 4, Insightful
    You know my parents tell me that back when they were young, they used to read a lot more science fiction than they do now.

    Why'd they stop? 'Cause all the "dark future" stuff they read about kept coming true! Reality TV, Corporate owned gov'ments, cameras in your toliet...Gee, I guess we really do live in interesting times.

    It's a Brave New 1984.

    --
    Furry cows moo and decompress.
  2. Come and have a go if you think you're hard enough by GregWebb · · Score: 4, Insightful

    (Disclaimer - I'm British, these are nominally American companies and this would mostly affect American users. Flame away if you think this is none of my business.)

    I have to say, this whole saga sounds so much like AOL etc. _daring_ the government to stop them. They can't quite believe they're getting away with it but hey, if they can buy the world before anyone notices and complains then they might as well give it a try...

    Someone _really_ needs some backbone to stand up to this, it's ridiculous. A company like this would have so much power it isn't funny and they need stopping. From a shareholder point of view, a company this large would likely be quite unwieldy and so probably wouldn't be as good value as the individuals currently are collectively.

    Except look at the current 'business friendly' Whitehouse. Oh well, better luck in 2004, guys.

    --

    Greg

    (Inside a nuclear plant)
    Aaaarrrggh! Run! The canary has mutated!

  3. Re:40% Stake by Root+Down · · Score: 4, Insightful

    So AOL/TW won't get the entire AT&T cable market, just part of it.

    Yes, but in a publicly owned company, percentage share IS ownership. The outright monopoly is naturally 51%, but 40% is pretty much running the show.

  4. Re:More important issues by TummyX · · Score: 5, Insightful

    Microsoft helped create the computer/software world. You're a fool if you think otherwise. Your close mindedness is typical of the avergage /.er.

    I read slashdot cause I like perspective. I use Windows. I use Linux. I know heaps about Windows. I know heaps about Unix. I program under Windows. I program under Unix.

    I get angry when I read obviously brainwashed posts. Even if we just talk about the software world, there are companies that are just as devious as Microsoft (only not as big - therefore not as noticable). Ever heard of Sun or Oracle? They're just as much a threat as Microsoft is. In the past, all they've cared about is making big money from big companies - they never cared about the little guys with PCs at home. In the end, Microsoft's and Gate's charitable donations are to important things (health, education, third worlds). I can't remember the last time McNeally or Ellison doing that. The last big thing Ellison bought was prolly a new jet plane.

    By talking about Microsoft as if they're some kind of 'evil' entity, you make belittle the real problems.

    And BTW, slashdot is supposed to be "news for nerds". Not "news for geeks". Discussions that aren't computer related somehow end up bashing Microsoft. It's childish.

  5. Re:The law by Bearpaw · · Score: 5, Insightful


    Not true, governments have guns. I doubt seriously any business is going to be able to fight that.

    Why would business need guns when it can manipulate governments into using guns for them? It's not like this doesn't happen already (and hasn't been happening for at least decades).

    Plus wonderful countries like Brazil and South Africa are starting the horrendous trend of taking property and intellectual rights from corporations.

    "Taking them", or taking them back? In any case, that's not exactly "starting the ... trend". (a) It's not something new and (b) there's actually less of that than there is of the reverse.

    You've heard of "privatization", right? That's where a corporation takes over a government function, and proves that they're at least as good at running a bureaucracy as a government is, and even better at making sure as few benefits as possible get to the people who pay for them.

    Governments? Corporations? Two sides of same intentionally-devalued coin. A pox on both their houses.