Saturday, December 17, 2005

Time Warner Enters Into Talks With Google (AP)


The Google headquarters in Mountain View, California is shown in this August 18, 2004 file photo. Google Inc. is in exclusive talks to pay $1 billion for a 5 percent stake in Time Warner Inc.'s online unit AOL, a source familiar with the matter told Reuters on Friday. (Clay McLachlan/Reuters)AP - Time Warner Inc. ended talks with Microsoft Corp. Friday and entered into exclusive negotiations with Google Inc. over a $1 billion investment and a broader advertising partnership with America Online, executives close to the talks said.




[via Yahoo! News: Technology News]

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