AOL and Time Warner to Merge
Monday January 10th, 2000
CNNfn is reporting that AOL and Time Warner have made public their plans to merge, with AOL shareholders getting 55% of the merged company, called AOL Time Warner.
Time Warner's boss will remain chief executive, and Steve Case of AOL will become the company's chairman.
As AOL rolls out their set-top and other technological initiatives this year, they can only benefit from being in the same corner as Time Warner, whose well known brands (HBO, Time Magazine, CNN, Turner Broadcasting Co.) could be brought into the fray for promotion and cross-marketing purposes. And since non-PC Internet devices will require not only cheap software, but scalable solutions (as Nokia and Intel have found), don't be surprised if you see Mozilla's name appearing in more and more press releases this year.
Thanks to onyo for the news.
#42 Even with no paychecks?
Wednesday January 12th, 2000 11:09 AM
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Are you sure that 100 engineers who would suddenly be without the major source of their income would still give a rat's hind end about a browser?
I sincerely doubt it.
Sure, a goodly number of them would probably help on it while acquiring other employers, but it's a pipe dream to think they'd be developing for it full-time (or even half-time), as they do today.