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AOL turns $400 million into less than half that!

How do you turn $400 million into half as much? Simple: you run America Online corporation. The much-hated mass-mailer of floppies and CD’s in the 90’s bought instant messenger service ICQ.com in 1996 for a whopping $400 million dollars. Around the same time Microsoft spent another $500 million to buy Hotmail.com but at least they […]

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