AOL Buying Time Warner -- In a joint announcement on 10-Jan-00, America Online and Time Warner announced that AOL, the world's largest Internet provider, will be buying Time Warner, the world's largest media company, for $160 billion in stock. Appropriately enough, the deal is the largest corporate merger to date, and was announced exactly ten years after Time, Inc., merged with Warner Brothers to create what was then the world's largest media conglomerate. The new company will be called AOL Time Warner and AOL shareholders will control 55 percent of the company. AOL's Steve Case will serve as chairman of the board, while Time Warner's Gerald Levin will serve as CEO. Although it's too early to speculate about the long-term effects of this merger, it creates a monolithic, one-stop media empire combining a vast range of print publishing, news, film, and television properties with the Internet and interactive technologies. The deal will also enable AOL to provide online services via Time Warner's cable television network, which reaches approximately 20 percent of homes in the U.S. [GD]
Fill in Gaps in Pear Note
If you ever find yourself zoning out during a meeting or class, only later to realize that you forgot to take notes for 20 minutes, Pear Note makes it easy to fill in those gaps. To do so:
- Open your Pear Note document.
- Hit play.
- Click on the last text you did type to jump to that point in the recording.
- Click the lock to unlock the text of the note.
- Take notes on the part you missed.
Your new notes will be synced to the recording just as if you'd taken them live with the rest of your notes.
Visit Useful Fruit Software