Feeds

AOL, Time Warner confident of merger success

CFO move starts talk of shifting staff around

  • alert
  • submit to reddit

Remote control for virtualized desktops

AOL today announced that Time Warner's CFO, Joseph Ripp, will become its own CFO, once the two companies' merger becomes complete.

There's confidence for you. The $135 billion merger may have been given the go-ahead by the European Commission's anti-trust regulators, but it still has to pass muster with the US Federal Trade Commission.

FTC source told Reuters that there are unlikely to be any major problems with the merger, provided AOL and Time Warner guarantee not to block access unfairly to their online and cable networks, to both content providers and ISPs. Both have already said that rivals will be given access, but their competitors have claimed that the AOL-Time Warner Ts&Cs put too many obstacles in their path. They want the FTC to insist that AOL and Time Warner modify their conditions.

Meanwhile, the Federal Communications Commission has to decide whether to allow AOL access to Time Warner's broadcast licences. The FCC is waiting to see what the FTC rules before coming to a conclusion of its own. ®

Related Story

EC blesses AOL Time-Warner wedding

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?