Acquisition is next step in a nearly yearlong partnership. The Time Warner unit plans to use Goowy's technology for interactive widget ads.
Widget ads get a big boost: AOL will distribute them free on its Platform-A ad network.
Melding multiple e-mail and social network accounts into one interface makes a lot of sense. Why can't anyone make a business out of it?
Members of Buy.at, an affiliate service that's now part of the Time Warner unit's Platform-A, can now use Groowy widgets to spread their ads across the Web.
Start-up social aggregator, which competes with the more-buzzed-about FriendFeed, will become part of AOL's People Networks division.
Microsoft switches legal counsel for its Yahoo megamerger after the firm it hired, Simpson Thacher & Bartlett, announced a conflict with another client. Other clients include AOL and DoubleClick, for starters.
Time Warner plans to create a new AOL People Networks business unit including AIM, ICQ, and other community platforms, led by the social network's CEO, Joanna Shields.
Bebo gets better integration with other social services, though not all of the announced enhancements will be available to users immediately.
MySpace launches IM client
Digital media maverick could face up to $3 million in penalties and fines related to questionable 2004 trades of search engine company Mamma.com.