A dinosaur may be dead. That would be the old war horse of
internet
servers, AOL. 'America On Line' (or for one time frustrated users who
were regularly frustrated with the inability to get on line... 'America
Off Line'). I'm not sure why Verizon is buying an outdated company with
few assets, but it's probably unrelated to technology and more related
to the subscriber base attached to AOL. AOL has bought quite a few much
more successful companies than itself and the assets of those
companies far outweigh the liability of the AOL brand itself.
Anyway, here's how Lowell McAdam, the CEO of Verizon, spins it. "AOL
has once again become a digital trailblazer, and we are excited at the
prospect of charting a new course together in the digitally connected
world," McAdam stated. "AOL's advertising model aligns with this
approach, and the advertising platform provides a key tool for us to
develop future revenue streams."
Good luck to Verizon with AOL. In the early days of the internet, the
90's, AOL was the main "dial-up" server for Americans. It was a slow
process, and not just because of the technology. AOL was a virtual
monopoly and acted that way, often indifferent to customer service. I
never had an AOL account (I swear it!) but I do remember the jokes
about AOL's speed and about disconnection. In the late 1990's when AOL
announced it would start charging a flat fee instead of the expense
hourly rate for being on line, people started logging on and staying
on line for along time, thereby tying up the AOL lines and making it
very hard for others to log in. AOL connections were flooded with users
trying to get on, and many canceled their accounts due to constant.
That's when AOL customers starting fleeing to other internet providers.
But before burying AOL it would be fair to cite some of the innovations
that AOL brought to the net. The first is that AOL provided an
affordable on line provider service, making the internet explosion
possible. It was also the first internet provider to offer flat rate
charges rather than hourly rates to use the net. Also, AOL started the
first chat platform and chat room. 'AIM' was a worldwide phenomenon at
the time.
Like everything else, AOL had it's day and will be so re branded by
Verizon that we will only have memories of it. Good bye AOL. Thanks
for the memories.
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