Time owns 8% of Google

Time owns 8% of Google: I don’t follow these things, so I’m sure some stock analyst is crunching the numbers as we speak. But the federal filing this morning that reports Time Warner owns $1 billion worth of Google stock (a legacy of the AOL merger) is, well, ironic. Unfortunately, because I don’t follow these things, I have neither the historic information or vocabulary to explain why.

(via: mediapost.com)