Is this is good M$ got shut out or bad that google is getting enormous?


[money.cnn.com]

America Online said Google had agreed to invest $1 billion to take a 5 percent stake in AOL, as part of an enhanced pact where Google will move beyond text-based advertising to allow AOL to sell graphical ads to Google's fast-growing ad network.

The stake effectively values AOL at $20 billion, a key benchmark should Time Warner elect to spinoff or sell a part of its Internet unit in response to dissident shareholder Carl Icahn's proxy campaign to break up the company.

I thiink it demonstrates that google is using a similar strategy to microsofts. Buy lots of different technologies and pray that one or two pan out. Buying into a dying isp strategy seems like a bad idea but perhaps the rich guys know what they are doing...

Dave

It means that Google, not Microsoft is going to be offering the search service in AOL. That keeps Microsoft from getting bigger.

Will this make AOL not suck as much?

Google is making too much money, they needed something that would lose them money so they can lower their tax bracket.

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