Forum Moderators: phranque
AOL Time Warner reported the largest annual deficit in corporate history, losing nearly $100 billion in 2002.
Ted Turner, the company's largest individual shareholder and one of the most vocal internal critics of the AOL-Time Warner deal, announced that he will step down as its vice chairman.
pick your source :) [news.google.com...]
I left the company just when they first annouced the merger, I am so relieved.
[edited by: amznVibe at 12:08 pm (utc) on Jan. 30, 2003]
I just feel sorry for my friends and former co-workers that I left behind, as their stock becomes more and more devalued. The company uses it like a carrot and stick for everything (including taking it away for poor-perfomance punishment). For years people were giddy with every stock split, almost being promised two splits a year. Ride the big waves, but know when to step off the board.
"But we sent out 100 billion CDs....I just dont understand...."
;)
MG
hmm, now why didn't my search find ted's name before? sorry about that mods! (and lazerzubb too)
Other 100 billions:
Accident losses in China:
http:*//www.china.org.cn/english/DO-e/35344.htm
Neurons in the human brain:
http:*//www.astronomy.net/forums/god/messages/24708.shtml
Number of txt messages in a month:
http:*//www.nordicwirelesswatch.com/wireless/story.html?story_id=1181
Stars in the Milky Way, Galaxies in the universe:
http*://magma.nationalgeographic.com/ngm/0302/feature1/
Could this influence the ODP survival; will AOL cut any cost possible?
AOL Time Warner reported the largest annual deficit in corporate history, losing nearly $100 billion in 2002.
How much is a Google....?
Isn`t it about the same?
When you have such an amount of loss you are forced to monetize everything you can.
The value of dmoz.org is comparable, at least, to looksmart. Maybe dmoz could move to a similar looksmart-zeal structure.
How can they lose 100 billion in one year?
What single person or company could even COME UP with 100000000000?
most of this is market-cap, so story should read
"AOL investors lose 100B"
Now AOL could make it up in one month if EVERY PERSON ON EARTH! signed up for dial-up service :)
AOL reports $98.7 billion loss for 2002
Spent on TV commercials no doubt!
On the concept of 100,000,000,000...
I dare to say that no one person reading this will make that many pennies in their lifetime.
Also, I hope AOL shuts down. Not only would this push more people over to broadband, but my dad would finally switch service providers:)
