{"id":548406,"date":"2006-03-30T21:01:18","date_gmt":"2006-03-30T21:01:18","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/548406-google-finalises-deal-for-aol-stake.html"},"modified":"2006-03-30T21:01:18","modified_gmt":"2006-03-30T21:01:18","slug":"google-finalises-deal-for-aol-stake","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/548406-google-finalises-deal-for-aol-stake.html","title":{"rendered":"Google finalises deal for AOL stake"},"content":{"rendered":"<p><font size=\"2\">Time Warner spokeswoman Kathy McKiernan confirmed that the deal had been signed, and the transaction was also cited in a filing with the Securities and Exchange Commission. <\/font><\/p>\n<p><font size=\"2\">The deal, which will see Google pay one billion dollars in cash for the stake, was first unveiled on December 22. The agreement, which shuts out software giant Microsoft from a possible AOL tie-up, will create a global online advertising partnership and make more of AOL&#8217;s content available to Google users. <\/font><\/p>\n<p><font size=\"2\">AOL, whose 2000 merger with Time Warner was much acclaimed at the time but has now gone emphatically sour, has been struggling as consumers shift to high-speed Internet providers. <\/font><\/p>\n<p><font size=\"2\">Google already has a sponsored-ad relationship with AOL but is keen to become a one-stop-shop on the Internet that does far more than just run searches of websites. <\/font><\/p>\n<p><font size=\"2\">Industry speculation includes talk that Google intends to launch its own productivity suite to strike at Microsoft Office software. <\/font><\/p>\n<p><i><font size=\"2\">INet-Bridge<\/font><\/i><\/p>\n<p><em \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google has finalised its purchase of a 5% stake in America Online, part of a strategic move for the Internet search titan as well as AOL parent Time Warner. <\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-548406","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/548406"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=548406"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/548406\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=548406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=548406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=548406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}