A Monopoly of Two...
AOL Time Warner announced that they aren't suing each other anymore today. Not sure how the deal worked out, but AOL Time Warner gets a check for $750,000,000. (They plan to immediately turn around and pay people they owe money to so they can decrease debt.) AOL Time Warner also gets to license Internet Explorer free for the next seven years. (Want to decrease some more debt? Fire all the Netscrape people. Netscape has sucked since like version 3. Bloatware extraordinaire.) And AOL Time Warner and Microsoft claim that they plan to work towards interoperability for their Instant Messaging clients. (About time!) And Microsoft will make it easier for AOL Time Warner to know how Windows works so that they can make their software work better.