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What happened this weekend?

America Online and Time Warner are bullish on their merger plans despite a drop in their stock, and Xerox steps into the wireless business. Meanwhile, regulators may slap heavier taxes on online cigarette sales.

CNET News staff
 
  latest developments 


America Online and Time Warner are bullish on their merger plans despite a drop in their stock, and Xerox steps into the wireless business. Meanwhile, regulators may slap heavier taxes on online cigarette sales.

 


Despite slide, AOL seems on track
A steep slide in America Online's and Time Warner's shares raises questions about the future of their proposed marriage. But for now, the megamerger seems firmly on track. You've got Time Warner

Xerox jumps into wireless market
The company is set to introduce software enabling business users to retrieve electronic documents via mobile phones, two-way pagers or handheld computers.

Taxes threaten booming sales of cigarettes online
Bargains from buying cigarettes online may soon go up in smoke if some state regulators have their way.