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AOL founder Steve Case leaves Time Warner
MUMBAI: It was only a matter of time. America Online founder Steve Case who took a lot of flak for the ill fated merger with Time Warner has announced that he is leaving Time Warner. He has resigned from Warner’s board of directors.
He had a major role to play in the disastrous merger between AOL and Time Warner in 2000. Media reports indicate that he will devote more time to his new health care investment company, Revolution.
The merger between Time Warner and America Online left a bad taste in the mouth for the old guards at Time Warner. Not surprising considering that it resulted in in loses to the tune of $100 billion which is more than what the world’s most valuable media company Google is worth. There were shareholder lawsuits and an SEC probe.
Time Warner has meanwhile agreed to pay a combined $510 million to settle shareholder lawsuits and regulatory charges that AOL fraudulently inflated its online advertising revenues and subscriber counts. From a peak of $290 billion when the merger was announced in January 2000, the market value of the new company collapsed by more than half within two years, as the dot-com boom burst. The company also took massive write-downs and in a move to limit PR damage removed AOL from the beginning of its name. It is now believed to be looking to sell a minor stake in AOL to either Google or Yahoo or Microsoft.
Case said, “Leaving Time Warner’s board will give me a greater opportunity to grow Revolution, including avoiding any potential conflicts of interest as Revolution moves into new areas.
“As the co-founder of AOL, I continue to have a special pride and passion for AOL, and I strongly believe that AOL — once the leading internet company in the world — can return to its past greatness.”
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Business Today MindRush returns to Mumbai, spotlight on India’s edge in a fractured world
Policymakers and corporate heavyweights gather to map supply chains, energy security and markets
MUMBAI: As fault lines widen across global trade and geopolitics, Business Today is doubling down on India’s moment. The 14th edition of Business Today MindRush & Best CEOs Awards lands in Mumbai on March 28, pitching India’s strategic edge at the centre of a fragmenting world.
The day-long summit, presented by PwC, will bring together a tight mix of policymakers, industry leaders and market voices to decode shifting supply chains, maritime strategy, defence priorities, energy security and capital markets—sectors now deeply entangled with geopolitics.
M Nagaraju, secretary, department of financial services, ministry of finance, will headline the event, setting the tone for discussions that aim to track how India is repositioning itself amid disrupted trade routes and volatile energy dynamics.
The speaker slate reads like a cross-section of India Inc’s command centre. Krishna Swaminathan will zero in on sea lanes and supply chains, while Prashant Ruia is set to push the case for self-reliance in oil and gas. Ashish Chauhan will weigh in on capital markets at a pivotal juncture, as a panel featuring Vibha Padalkar, Sanjiv Mehta, Amish Mehta and Sanjeev Krishan debates navigating economic uncertainty.
Leadership under pressure will be another running theme. Madhavkrishna Singhania, Sharvil Patel, Karan Bhagat and Anurag Choudhary will unpack how businesses are steering through disruption. Arun Alagappan will turn the spotlight on fertilisers, Arundhati Bhattacharya will reflect on leadership transitions, while Anish Shah and S Vellayan will outline blueprints for building future-ready conglomerates.
The event will close with Aroon Purie setting the broader editorial lens, before the Best CEOs Awards recognise standout corporate leadership across sectors.
At a time when the global order looks increasingly splintered, MindRush 2026 is positioning itself as more than a conference—it is a signal that India intends not just to navigate the churn, but to shape it.
