The Worst Tech Decisions Of All Time
By siliconindia
AOL & Time Warner merger
The merger between AOL CEO Steve Case and Time Warner CEO Gernald M Levin, turned to be a total fiasco, with the new company unable to capitalize on Time Warner’s strengths. Total subscribers of AOL went from an estimated 30 million at the height of its popularity to less than 5 million in 2007. The company’s market valuation plunged significantly from a high of $240 billion to $1.166 billion in 2011.