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Time Warner denies reports of AOL sale to Microsoft

edited March 2004 in Science & Tech
It has been reported that after some speculation, Time Warner in fact hasn't engaged in any talks with Microsoft about selling its struggling America Online unit to the software vendor, a Time Warner spokeswoman said today.

[blockquote]In fiscal 2003, AOL reported drops in subscribers and revenue and suffered the ignominy of seeing its acronym dropped from the parent company's name. AOL is also the focus of ongoing investigations by the U.S. Securities and Exchange Commission and the U.S. Department of Justice related to past accounting and disclosure practices.
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[link=http://www.computerworld.com/news/2004/story/0,11280,91445,00.html]The full story[/link] - [link=http://www.short-media.com/comment.php?1192]Related news[/link]
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