Microsoft to Buy Stake in AOL
NetDanzr writes "According to various sources (Bloomberg, Reuters, CNet), Microsoft is in talks with Time Warner to buy a stake in AOL. While the size of the stake or its prize has not been disclosed yet, Bloomberg speculates that this deal would profit both companies. Microsoft would profit from merging the AOL portal with MSN, as a strategy to catch up with his rivals in this space Yahoo and Google, while Time Warner would gain some ammunition in its fight with a renegade shareholder, Carl Icahn. According to CNBC, AOL is just about to turn the corner and is currently the most undervalued division of Time Warner."
Probably a nice investment for MS if they can combine their msn messenger users with AOL's instant messenger users. Would be quite dominant, and who knows the services they will think of to generate money from that. I have read countless articles about younger people not using emails these days, and using just instant messaging, noticed this specifically when I travelled to Korea this summer.