AOL Parent Sets Up $500 Million Reserve
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Time Warner Inc. said yesterday that it is creating a $500 million reserve in response to the federal investigations of its America Online unit and that it also will restate AOL Europe&#39;s financial results for 2000 and 2001.
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By announcing on Nov. 3 that it&#39;s creating a $500 million reserve related to federal investigations into its accounting practices, Time Warner (TWX ) took a giant leap toward removing what has been a debilitating overhang on the media giant for two years.
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America Online Inc.&#39;s settlement with the Justice Department imposes a strict new set of controls on the company, including requirements that the Internet giant hire a corporate monitor and
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AgentSecure/InsureZone has teamed up with Los Angeles-based IMMS/Group 500 to offer online quoting and lead generation.
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Time Warner has set aside a $500m (Â£272m) war chest to cover regulatory and legal action over accounting practices at its America Online division.
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America Online will actively encourage its dial-up Internet subscribers to sign up for high-speed access at the cable arm of its parent, Time Warner Inc., executives from the companies said Monday.
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Telecom Italia will acquire the Internet access unit of AOL in Germany for â¬675 million ($853.5 million) in cash, the two companies announced Sunday.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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AOL co-founder Steve Case is starting an online credit card company called Revolution Money that combines a PayPal-like money transfer service with a credit card that can also be linked to a bank account.
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By RICHARD METCALF Journal Staff Writer  An Ohio customer service provider is in negotiations to bring 500 call center jobs to fill AOL's nearly empty building near Jefferson and Osuna NE.   Convergys Corp.
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Citrix's $500 million acquisition is done. Next up: new server and desktop virtualization products.
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How to keep a parent's finances running as smoothly as possible.
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AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
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Time Warner Inc.'s shares are still undervalued despite the establishment of a &#36;500 million reserve to potentially settle a government probe into accounting practices at its America Online unit, according to a report in the latest Barron's newspaper.
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November 05, 2004 - A government investigation into accounting practices at America Online has prompted Time Warner to set aside $500 million to cover the costs of potential fines.
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Military families need an emergency fund more than most. Here's how to build one on the cheap.
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AOL said on Tuesday it has appointed  Ron Grant as its new Chief Operating Officer and president.
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America Online has partnered with and taken a minority investment in travel search player Kayak Software. The two will build an AOL-owned travel search site, to launch in early 2005, which will be powered by Kayak&#39;s technology.