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Archive of entries posted on 15th August 2010

“AOL sales drop by a quarter, reports billion dollar loss”

Before the Internet became widespread, AOL made money by charging ridiculously high rates to access the content on their network. Afterwards, their content was worth less every day as web sites sprang up everywhere, so they reinvented themselves as an Internet Service Provider (a pretty slick move, in my opinion, not that they had a [...]