Word: aol
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...companies that most Americans have never heard of--Mannesmann, a giant German telecommunications firm, and Vodafone, a British wireless provider. But the $190 billion merger of the two firms, which was inked last week after nearly five months of run-and-gun takeover negotiations, easily surpassed last month's AOL-Time Warner deal as the largest ever. And it was also proof, in some minds, that European business had finally arrived--albeit late--in the 20th century, complete with hostile bids, Wall Street sharks and Internet-worthy stock prices...
Despite frequent phone calls, e-mails and chats on AOL Instant Messenger, the absence is often hard to take...
...into this situation in the first place? When I set up accounts for my daughters last year, I put strict controls in place: e-mail only from people on their buddy lists, no chat rooms and no wandering around the Web. These things were automatically blocked under AOL's pre-set Kids settings. After a while, however, I upped their ratings to Young Teens because adding people to the buddy list every time they got an e-mail address from a friend was a pain. A few months ago, the girls started clamoring for Instant Messaging privileges--all their friends...
Bankers are quick to defend the trend, noting that new- and old-economy industries are colliding as the world goes online. Disney buying Infoseek isn't cross industry, they argue. It's all media. Ditto AOL and Time Warner. O.K., but broadening the definition hasn't helped Disney execs better understand the Internet company it bought for $1.6 billion. The Mouse refocused its prize acquisition yet again last week. And while AT&T and its recent quarry, cable operator MediaOne, are both in the data-transmission business, it is a leap to believe the phone guys can manage cable assets...
...happened in an AOL chat room. I, of all people, should have known enough to limit my daughter's travels online to the well-prescribed routes--the kid-friendly places that have sprung up like day-care centers along the I-way. But I was harried, busy, too preoccupied with other things to take the time to parse the muddled prose that explained how Parental Controls work on America Online. And so I left the door to the nursery wide open, as Zoe discovered the other day. She clicked on a button marked "People Connection," a collection of virtual rooms...