America On-Line: will it survive ...? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line: will it survive ...?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cody andre who wrote ()	3/13/1997 1:55:00 PM
From: jack rand	of 13594

03/13 Deutsche Telekom Drops Plan to Take Stake in AOL Bertelsmann Hanover, Germany, March 13 (Bloomberg) -- Deutsche Telekom AG said it will not take a stake in the joint venture between America Online Inc. and Bertelsmann AG, though talks about cooperation continue. ``Telekom is interested in cooperating with partners,'' said Wolfgang Keuntje, the head of online services for Deutsche Telekom. ``One potential partner is Bertelsmann.'' News that Deutsche Telekom had dropped plans to take a stake came at a press conference with Microsoft Corp. in which they gave details about their online alliance they announced Tuesday. Herbert May, a member of Telekom's management board, said the cooperation is part of Telekom's strategy to focus on providing network technology and letting others provide content. As part of the agreement, buyers of Microsoft's Windows 95 operating system in Germany will be able to sign on to Telekom's T-Online service simply by clicking on an icon. Users of T-Online will be able to choose between Netscape Communications Corp.'s Internet browser or Microsoft Explorer. Microsoft and Deutsche Telekom also will cooperate in developing ways of making secure financial transactions over the Internet. They will work together on providing so-called intranets, internal networks for businesses. As announced Tuesday, the pact will give customers of Telekom's T-Online service access to the content of the Microsoft Network.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next