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IPFS News Link • Internet

AOL's tough challenges

Media giant AOL Time Warner has posted the largest annual loss in US corporate history, while its single largest shareholder, Ted Turner, has thrown in the towel and resigned from his post as the company's vice president. What has gone wrong?

When internet giant AOL and old-media conglomerate Time Warner announced their merger three years ago, Ted Turner described pulling off the deal as "better than sex".

But love has gone out of the relationship, and corporate viagra is in short supply.