AOL Buys Netscape for $4.2 Billion -- America Online has announced it will buy Netscape Communications in a $4.21 billion stock deal. Under the agreement, AOL will operate Netscape as a separate division, while leveraging Netscape's Web browser software and widely used NetCenter Web site. With the acquisition, AOL will control two of the Web's four most trafficked "portal" sites, which has some analysts saying AOL may attract as much as a third of online advertising revenue. In addition, AOL and Sun Microsystems have agreed to a three year partnership whereby Sun will distribute Netscape's server software and pay AOL $350 million dollars in licensing and marketing fees. In exchange, AOL will adopt Sun's Java technology for use in "AOL devices" and purchase $500 million of Sun's high-end computers. Microsoft is already claiming the AOL-Netscape merger undermines the ongoing antitrust case against Microsoft, although others argue the merger serves as evidence of the difficulty of competing against Microsoft. For the time being, AOL says it plans to continue distributing Microsoft's Internet Explorer so AOL's client software remains bundled with Windows. [GD]
iCal Alerts You Can't Miss
Did you miss that tiny little iCal alert dialog? Use a more prominent Open File alarm.
First save an image, text file, sound, or movie that will really fill your screen and grab your attention.
Select an iCal event and choose Open File as the alert type. Choose your unmissable file as the one to open.
Set more alerts with more files to open for the same event if you like. You won't miss an appointment with one of these alerts!
- Driving the 4.5 Web Browsers (01 Feb 99)