Last year, America Online Inc. bought Frankel's online music company, Nullsoft, for $86 million. It gave him a job creating software in San Francisco with the title of Nullsoft director.
Frankel has, in fact, devised some software -- but not the kind AOL (aol) was expecting. The latest creation of the 21-year-old programmer enables users of AOL's wildly popular Instant Messenger to delete the ads from the online chat program. What's more, a Web site owned by Nullsoft -- and ultimately AOL -- has been giving away the software. Full story. -- Julia Angwin, Wall Street Journal