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]
Type Faster by Competing in Races
A fun way to improve your typing speed and accuracy is to join an online typing competition at typrX. This typing competition keeps track of your typing speed, while allowing you to compete against other people, either around the world in public races or with friends in private races. To set up a private race with your friends, follow these simple steps.
- Once you have a typrX account, click the Create Private Race button on the front page and you’ll be taken to the private race page.
- From there, copy the track code URL and send it to the friends you want to join the race.
- You can click the Delay Countdown button to add 10 seconds to the clock if you are waiting on your friend to join the race.
- Driving the 4.5 Web Browsers (01 Feb 99)