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Google To Purchase Stake In AOL For $1 Billion

Posted by Zonk on from the that-is-a-lot-of-free-cds dept.

Lord Haha writes "It appears that Google may be on the verge of purchasing a 5% stake in AOL." From the article: "A tie-up with Google would make sense. Time Warner has been losing out online to rivals like Microsoft and Yahoo. For its part, Google may be interested in getting access to AOL's e-mail and instant messaging service. It would strengthen Google's hand against rivals Yahoo and Microsoft, who have well-established webmail and instant messaging services. Google is a relative newcomer to this area with Gmail and Googletalk." More commentary on News.com. Big change from just a few days ago.

1 of 222 comments (clear)

  1. So finally... by chris_eineke · · Score: 1, Offtopic

    So finally they're completing the Googol... :P

    --
    "All you have to do is be fragile and grateful. So stay the underdog." Chuck Palahniuk, Choke