[H]ardNews 2nd Edition

MS Pays AOL:

Wow, check this one out. Microsoft, as part of an agreement, will pay AOL a total of $750 million dollars for running Netscape off the planet earth and winning the browser war...the MS way. I thought there would have at least been a trial and then some form of appeals, but I guess not. Damn…that is a huge ass settlement. Thanks to James Ziebarth for pointing this one out.

In a sweeping settlement, Microsoft will pay AOL Time Warner $750 million to end a private antitrust lawsuit over Web browser technology. The agreement also will place Microsoft digital media technology on AOL’s online service and clears the path for the two companies to explore technology sharing.