The story "AOL to license patents to Microsoft in over $1B deal", posted to the wire on Monday, mischaracterized in the headline the nature of the deal between Microsoft and AOL.

The headline has been corrected on the wire and now reads:

AOL to sell patents to Microsoft in over $1B deal

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is [email protected]