Time Warner To Split AOL In Two, Beats Estimates
Time Warner said it would split AOL’s dial-up Internet and advertising businesses into separate divisions by early 2009 and reported a slightly higher-than-expected quarterly profit, citing strong cable advertising sales and films like "Sex and the City." By shedding the cable division by the end of the year and splitting the AOL business, Time Warner plans to focus on creating content rather than bolstering its distribution business.
Lenovo Netbook Details Revealed
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