Time Warner Enters Exclusive Talks With Google Over AOL
David A. Vise writes in The Washington Post:
Time Warner has entered into exclusive talks with Google Inc. about expanding its business partnership with the media giant's America Online division, a setback for Microsoft Corp., which had sought to displace Google as the search engine on AOL.
While Microsoft had offered large guaranteed cash payments annually to AOL if it would dump Google in favor of MSN Search, Time Warner officials concluded that sticking with Google, the undisputed leader in search, was in the best interest of shareholders and the long-term business prospects for America Online, people familiar with the talks said.
posted by Fergie @ 12/16/2005 11:18:00 AM
0 Comments:
Post a Comment
<< Home