and today they have to write off 4+ Billion loss ont he bad AOL /Yahoo, LOL, what a bunch of mo--nS
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You realize that's the same thing, right? The $4B write down is tax savings against future profits? Apparently not.
The dumb--ses in the past decided to try to buy AOL and Yahoo with $10B, and instead of doing something useful like I don't know, create a bonfire of $1 bills to boost employee morale, decided to try to create a media company instead, leaving a $10B hole in the budget.