Google Can Opt-Out of AOL
Tuesday, July 1st, 2008;
-- David Vogelpohl | 6 Comments » |
Let’s climb aboard the way-back-machine and take a trip to 2005. Carrie Underwood was rocking American Idol, Batman Begins made us believe in prequels again, and Google was buying a 1 billion dollar 5% stake in AOL.
According to a Washington Post article on December 17, 2005, Google purchased the 5% stake in AOL “as part of a far-reaching business and advertising partnership aimed at boosting AOL’s financial prospects as the Internet service struggles with the loss of millions of subscribers.”
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