Google buys 95% of Yugatech & 5% of AOL

• 
  Written By Abe Olandres
• Published • December 18th, 2005
• [ Gooooogle ]
• 0

Ok, the first part was a joke.

Here’s the news on the AOL buy from NY Times:

Rebuffing aggressive overtures from Microsoft, Time Warner has agreed to sell a 5 percent stake in America Online to Google for $1PHP 59INR 85EUR 0.95CNY 7 billion in cash as part of an expanded partnership between AOL, once the dominant company on the Internet, and Google, the current online king.

At stake in this battle was leadership in Internet advertising, which is a growing threat to other media companies. The loss is a blow to Microsoft, which had sought AOL as a partner in its advertising venture to undercut Google, its potent rival.

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Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

• https://www.yugatech.com

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