Microsoft

Microsoft Shifts Its Search To AOL

Microsoft has reacted to continued knock backs from Yahoo to sell its online search arm by starting talks with Time Warner to buy its AOL subsidiary.

AOL, formerly America Online, has emerged as an alternative for the software giant which, in results reported last week, recorded a net profit of £2.2bn in April-to-June but lost around £445m from its online advertising division.

Silicon Valley insider Henry Blodget said a team from Time Warner/AOL met executives at Microsoft’s Seattle headquarters last Tuesday.

News Source: Scotsman
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