I have in the past commented on the rather shaky marriage between Time Warner and AOL ($168billion?) and whether it was likely to last.

Well, it looks like Time Warner are looking at a "major restructuring" which is similar to "reverting to key competencies" Yes, I know, unless you have a business PR BS degree it makes your eyes glaze over.

In plainspeak, it means "circle the waggons the Indians are coming" or perhaps "oops, we wish we hadn't gone and done that"

Story is here:

http://www.ecommercetimes.com/story/61564.html