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AOL LLC (formerly America Online, Inc) is an American online service provider,
bulletin board system, and media company operated by Time Warner. Based in
Dulles, Virginia, with regional branches around the world, the former "goliath
among Internet service providers" once had more than 30 million
subscribers on several continents.
AOL is a company in transition, made evident by discussions of buy-outs and joint ventures during a period of dramatic decline in AOL's subscriber base.  News reports in fall 2005 identified companies such as Yahoo!, Microsoft, and Google as candidates for turning AOL into a joint venture; those plans were apparently abandoned when it was revealed on December 20, 2005 that Google would purchase a 5% share of AOL for $1 billion.
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