John Battelle says Time Warner is screwing itself when it comes to AOL and needs to just spin it off:
"This is a company with the largest installed paying base of internet users in the world! Hello? Time Warner execs, get over the fact that you sold yourselves short in the AOL deal, and let this company do what it must. And what must it do? Well, frankly, it must become a software-based information services company, as Google, MSN, and Yahoo already are. It needs its own R&D labs, its own world class engineers and product managers. It needs to stop forcing good people to work in New York and Dulles. In other words, it needs to be the kind of company Time Warner has no idea how to run or manage. "
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