Photo Gallery Internet Titans Clash
AOL made a mint by selling easy Internet access in the 1990s. Now, though, the company has to reinvent itself to confront the realities of Web 2.0.
AOL acquired Time Warner in 2001 in what was seen as the deal of the century. When the New Economy's bubble burst, however, the deal quickly turned into a nightmare.
Yahoo! is one of the largest denizens on the Internet and earns most of its money through advertising.
MySpace has rapidly advanced to one of the biggest sites on the Web and generated some 30.9 billion clicks in July.
Google seems to introduce a new service every month. But some question whether it will be able to compete with user-driven interfaces such as MySpace.
In Europe, AOL has said 3,000 jobs will be cut as part of an international effort at downsizing.
Media mogul Rupert Murdoch's decision to acquire MySpace was questioned. It turned out to be prophetic.
