It's a done deal, as Time Warner accepted the $1 billion bid from Google for a 5 percent stake in AOL, who had been poised to accept an offer from Microsoft before Google's late push. Google gets its content provider, and AOL gets a spot in Google's far-flung ad network.
added another piece of the puzzle that hadn't been mentioned elsewhere. According to the report, Google Talk users will be able to communicate with AOL's AIM users, who number around 22 million.
While the respective companies are probably thrilled with the deal, Time Warner's requirements for the deal speeds up the timetable for putting graphical ads on Google's search pages.
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