Articles by Reshma Kapadia



AOL Posts Record $98.7Bln Loss in 2002

  • 31 January 03
  • Reuters
AOL Time Warner Inc. on Wednesday posted a 2002 net loss of nearly $100 billion -- the largest annual loss in U.S. corporate history -- and in a sign of further turmoil, media mogul Ted Turner said he would step down as vice chairman.

CNN Chief Quits After 18 Months

  • 15 January 03
  • Reuters
Walter Isaacson, the head of CNN, stepped down Monday just 18 months after taking the job to restore the pioneering all-news network's ratings dominance that it had lost to upstart Fox News.

Case Leaves AOL Time Warner

  • 14 January 03
  • Reuters
Steve Case resigned as chairman of AOL Time Warner Inc., the company said Sunday, as the Internet visionary succumbed to scathing criticism that the record media merger he helped to engineer was a failure.

Media Giants Set for Sea Change

  • 24 December 02
  • Reuters
Aging executives, troubled businesses and the emergence of new technologies have set the stage in 2003 for a sea change among the top management of the world's five largest media companies.

AOL to Slash Revenues $190M

  • 25 October 02
  • Reuters
AOL Time Warner Inc. posted a third-quarter profit Wednesday, but said it would restate two years of results -- cutting $190 million in revenues -- due to accounting problems at its embattled America Online division.

Watch Lazy Dot.Com Life Online

  • 30 January 02
  • Reuters
Odd Todd is a fictional dot.com refugee who lives on the Internet and whose following is growing.

'Realistic' AOL to Take $60Bln Charge

  • 09 January 02
  • Reuters
AOL Time Warner Inc. said Monday it would take an accounting charge of up to $60 billion, likely the largest corporate charge on record, and the world's largest media and Internet company reined in forecasts of earnings growth for 2001 and 2002, citing the weak economy.

Plug Pulled on Money-Losing Goodwill Games

  • 24 December 01
  • Reuters
The Goodwill Games, once an alternative to the boycott-plagued Olympics, were discontinued yesterday.

AOL Q4 Earnings Double