Linked by Thom Holwerda on Sat 17th Dec 2005 17:51 UTC
Google has apparently won the battle to retain AOL's affections, edging out a bid from Microsoft. But the cost is high, and establishes several precedents for the Mountain View company that might have been unthinkable a couple of years ago. While AOL's parent Time Warner has yet to make a public statement, published reports claim that Google has paid $1 billion [EUR 832.5 million] to take a 5 per cent stake in the media giant. AOL's sales team gets access to the Google Network, and Google will also give Time Warner's media properties preferential treatment.
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Atleast if your going to comment on something atleast know what your talking about, Google has been in bed with TW for years.
Who do you think provides AOL Search, Google make a big profit from providing the AOL Search service.
It makes perfect sence for Google to invest in a company that makes them alot of money