NEW YORK (CNNMoney.com) - Internet service AOL said Thursday it had fixed a software problem that delayed the transmission of millions of e-mails since the late morning.

A software problem caused delays for AOL members both sending and receiving emails since 11 a.m. Eastern Time on Wednesday, the company said.

The company did not indicate how many account holders were affected by the problem, but did note that all emails sent and received by AOL members were being sent out by the company at the rate of 500,000 messages per minute.

Time Warner (up $0.19 to $17.40, Research) is the parent company of AOL and CNNMoney.com

--from staff and wire reports

________________________

U.S. asks Internet firms to keep customer info --click here.