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>> 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 we're creating is a stage for everyone to be seen. >> we're in a very wonderful time right now where the innovations really are driving the technology right into the center of our lives. >> th...

Evidence of the growing power of the new medium. internet pioneer america online announced today it is buying big sprawling time warner, creating the world's 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 wasn't 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. shouldn't it be the other way around? >> well, it's sort o...

>> 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 wasn't 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. shouldn't it be the other way >> well, it's sort of startling that a company that couldn't even buy beer is now buying one of the oldest media companies in the country that took a century to get this big. >> we're just scratching the surface in...

>> there's little doubt that the ubiquitous blackberry's become a vital tool in offices, in newsrooms, and in governments. >> it's 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. >> i'll tell you this. people here at cnn are so addicted to them they jokingly refer to them as crackberries. >> the early 2000s was a time when people were reall...

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 wasn't 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. shouldn't it be the other way around? >> well, it's sort of startling that a company that couldn't even buy beer is now buying one of the oldest media companies in the country that took a century to get this big. >> we're just scr...