Microsoft 0, Google 1

From Schaeffer's

Denied

According to The Wall Street Journal's online edition, Time Warner (TWX) has entered into exclusive talks to sell a five-percent stake in its AOL unit to (drum roll please) Google (GOOG). The reported deal carries a price tag of one billion (go ahead, say it like Dr. Evil, you know you want to) dollars. This deal would be a bit of a blow to Microsoft (MSFT), which was reportedly negotiating with TWX in hopes of landing AOL. MSFT was hoping to end AOL's use of GOOG's search technology. The report states that TWX has now ruled out a deal with MSFT in favor of expanding its relationship with GOOG.