Rival Internet service providers (ISPs) keen to acquire the once-ailing European operations of Time Warner Inc.'s America Online (AOL) division may have to look elsewhere to expand their operations.
Remember all the pundits yakking about how convergence would usher in a new era of computing and communications for the new millennium? Guess what? The pundits were right.
AOL Time Warner Inc. is not in negotiations to purchase Linux developer Red Hat Inc., a spokesman said Tuesday, despite rumors to the contrary sparked by a Washington Post article published Saturday.
The Internet revolution is alive and kicking and "has never missed a beat," proclaimed AOL Time Warner Inc. co-dhief operating officer Bob Pittman in a relentlessly upbeat keynote speech delivered in New York Tuesday at the start of Internet World Fall.
A startup with a key patent that gives it control over space on the Windows-dominated desktop says it has developed a product that will allow Microsoft Corp. competitors to squeeze their way on to PCs, just as AOL Time Warner Inc. plans to do through deals with PC makers.
The largest business merger in U.S. history cost almost US$1 billion to complete, according to an annual report filed Wednesday by AOL Time Warner Inc. with the U.S. Securities and Exchange Commission.
AOL Time Warner Inc. reported a 9 percent increase in revenue for its first quarter as the media conglomerate saw gains in subscription, advertising and content revenue.