Google Regretting Billion Dollar AOL Investment (PC Magazine via Yahoo! News)

Friday, August 8th, 2008

Google, it seems, is finally publicly acknowledging what we’ve all know for some time: AOL just ain’t what it used to be. Among the interesting little tidbits in the search giant’s recently filed quarterly earning report, the Mountain View company noted that the five-percent of AOL may “be impaired,” accountant speak for a drop in value.

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