This, the first of our regional blogs, is authored by the technology and financial journalist Dominic Basulto. Dominic is a New York native, has been a senior editor at Corante since day one and has written for a number of online and offline media companies. Send tips or story ideas to: basulto@gmail.com.
About this weblog
Here we'll report daily on the latest tech and business developments in New York City. Impossible we concede: comprehensive coverage of the city's every story. What we hope you'll find: tips, tidbits and perspectives you won't find elsewhere. As well as unique insights, original interviews and more that should be of interest to New York's vibrant community of technologists and those who track, invest in and report on them.
Not only is Microsoft considering a bid for Time Warner's AOL unit - now it appears that Google and Comcast also are talking to Time Warner (off the record) about a potential deal. Google and Comcast, though, want nothing to do with AOL's dial-up business - they just want access to AOL's web portal and content. According to the New York Times, "the development means that Time Warner, which has long been under pressure by Wall Street to sell off its AOL unit, now finds itself in the enviable position of having multiple suitors, which may drive up AOL's value." Somewhere, corporate raider Carl Icahn must be smiling - he's been pressuring Time Warner to do something - anything! - to unlock shareholder value.
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