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]
Wake On Demand in Snow Leopard
Putting your Mac to sleep saves power, but it also disrupts using your Mac as a file server, among other purposes. Wake on Demand in Snow Leopard works in conjunction with an Apple base station to continue announcing Bonjour services that the sleeping computer offers.
While the requirements for this feature are complex, eligible users can toggle this feature in the Energy Saver preference pane. It's labeled Wake on Network Access for computers that can be roused either via Wi-Fi or Ethernet; Wake on Ethernet Network Access or Wake on AirPort Network Access for wired- or wireless-only machines, respectively. Uncheck the box to disable this feature.