Thursday, May 28, 2009
CE #2
My second current event blog is about the big news that Time Warner and AOL have decided to go their separate ways after nine-years. Chairman executive of Time Warner Jeffery Bewkes said that he believes AOL has a better opportunity to achieve its full potential as a leading independent internet provider. This will happen near the end of the year. Tech analysts say that if nothing else, this will allow AOL to pursue a wider range of business allies. AOL bought social networking Bebo for $850 million last year to try and compete in the social networking area of the internet. AOL will be competing with three other giants of the internet. Google,Yahoo, and Microsoft.
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