Word: aol
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During the Web's infancy---long before Google was a site, let alone a verb--AOL reigned supreme and alone. But 17 years after modems squawked onto the debut dial-ups, competition has sped ahead, and AOL may finally be ditching its once lucrative subscription model for a more promising ad-driven approach...
...AOL, for any company, fourth place just isn't good enough. With Yahoo!, Google and MSN having built better webtraps, AOL is preparing to reinvent itself to catch up. Its parent company, Time Warner (which is also TIME's parent), announced it will present a new plan for AOL on Aug. 2. The 2000 merger with AOL was supposed to be a cure for Time Warner's slow-growth old-media businesses, but it has been a financial disaster, costing Time Warner nearly $100 billion in market value. AOL's inability to remake itself into a more Google- or Yahoo...
...gardens are farmed by 350 poor people, each of whom have a plot where they make dinners from the corn, bananas, guava, cactus, mulberries, avocado and sugar cane they grow. It is one of the most surreal things I've ever seen, and I was at Time Warner when AOL bought it. But the gardens are also not the weirdest thing...
...conservatives--Mary Cheney was a cipher to outsiders while working on her father Dick's two national campaigns. Her new memoir, Now It's My Turn, tells how she and partner Heather Poe adapted to a spotlight they had long shied away from. Now a chief of staff at AOL, Cheney, 37, spoke with TIME's Mike Allen about coming out, campaigning for her dad and another generation of Cheneys in politics...
...view dirty pictures in the privacy of your own home prompted the triple-X expansion of triple-X businesses. Cultural conservatives regularly bemoan the Internet's ability to "normalize" such previously hidden behaviors as polyamory - you may be the only bisexual group-love aficianado in Omaha, but thanks to AOL, you can find more of them in Kansas City...