More on AOL's investment in Amazon

— 1:54 PM on July 25, 2001

AOL's $100 million investment in Amazon was announced on Monday, and C|Net takes a look at what this means for Microsoft.

Longtime foes in areas such as instant messaging and online access, AOL and Microsoft are facing off in the e-commerce arena--specifically over technology that makes it easier to navigate the Web and make purchases online. So-called e-wallets--which store commonly requested information such as a login name, shipping address and credit card number--are shaping up as a key leverage point for controlling how consumers and businesses use the Internet.
It will be amazing to watch these two try to outdo each other.
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