In an earlier news story, we learned that Microsoft was in "advanced talks" to create an AOL-MSN merged product. Well fast forward a few weeks, and The Register is reporting that Google and Comcast have teamed up and entered the bidding for AOL.
So why would a search giant and US cable company be prepared to offer $5 billion for an ISP that"s been losing revenue and customers each and every year? Well the Wall Street Journal says AOL provides Google"s single biggest revenue and an AOL-MSN deal would lock Google out. For Comcast, it can dip its feet in a user base still a few million strong. The deal would also, no doubt, appease Time Warner"s shareholders with a nice sum of cash. It"s definitely going to be interesting to see how this plays out.