Dotcom Insanity News Today

>> to google means to find out all there is to know. >> how many friends do you officially have now? >> 175 million. >> within four degrees of me are 700,000 people. >> who is barack obama? the answer is right there on my facebook page. >> if you like hilarious, shocking, embarrassing videos -- >> i like turtles. >> -- chances are you spend a lot time on youtube. >> leave britney alone! >> what were creating is a stage for everyone to be seen. >> were in a very wonderful time right now...

Evidence of the growing power of the new medium. internet pioneer america online announced today it is buying big sprawling time warner, creating the worlds largest media conglomerate. >> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasnt really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling...

>> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasnt really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling up this media institution time warner. shouldnt it be the other way >> well, its sort of startling that a company that couldnt even buy beer is now buying one of the oldest media compa...

>> theres little doubt that the ubiquitous blackberrys become a vital tool in offices, in newsrooms, and in governments. >> its a wireless information device and of course it does e-mail. >> got it. and how reliable is the service? can you use it anywhere? >> this is an amazing tool. actually, i use this all over the country. >> reporter: the blackberry was the most amazing, magical invention in the history of things you can buy. >> ill tell you this. people here at cnn are so addicted to them t...

Conglomerate. >> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasnt really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling up this media institution time warner. shouldnt it be the other way around? >> well, its sort of startling that a company that couldnt even buy beer is now buying one of ...

Conglomerate. >> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasnt really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling up this media institution time warner. shouldnt it be the other way around? >> well, its sort of startling that a company tt couldnt even buy beer is now buying one of th...

>> the aol-time warner merger was the classic dotcom insanity. >> $160 billion. the biggest corporate takeover ever. >> this merger will launch the next internet revolution. >> the merger of time warner and aol wasnt really a merger. it was a purchase. >> i am struck by this image today of the upstart aol gobbling up this media institution time warner. shouldnt it be the other way around? >> well, its sort of startling that a company that couldnt even buy beer is now buying one of the oldest med...

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