CNet: "Expedia is not seeing enough of a return on the investment it made in jointly operating a Web travel store with Hotwire and Amazon.com."
Big plunge just on the Earthlink deal. Shows again how much the stock market is uninformed. The fact that Google was about to compete with Overture was known since late… Read more »
CNet: "Microsoft has named Mike Sinneck vice president of worldwide services. Sinneck, who formerly served as vice president for business operations at IBM Global Services, will be in charge of… Read more »
NYT: ""If we wanted to offer personals before, we would have had a choice of one or two other people in the personals business," [Yahoo’s CEO] Mr. Semel said. "We… Read more »
Speculation in Business 2.0 that some recent hires and open positions (such as CFO) are the sign of a forthcoming IPO.
Cnet: "The online real estate company overstated its online advertising revenue by as much as $95 million in the first three quarters of 2001, Homestore announced on Wednesday. The company… Read more »
CNet: "It felt like the dot-com era all over again last week, when USA Networks Inc Chief Executive Barry Diller said he would spend up to $4 billion on Internet… Read more »
NYT: "AT&T agreed yesterday to sell its cable television business, the nation’s largest, to the Comcast Corporation for about $47 billion in stock. The deal would create a cable giant… Read more »
SiliconValley: "Yahoo announced a $436 million unsolicited offer for HotJobs, the online job-listing service, on Wednesday in a bid to scuttle a proposed sale of the site to market leader… Read more »
InformationWeek: "The data is staggering. The 5-year-old company is on track to have gross merchandise sales of $9 billion this year. In the second quarter of 2001, it had 34.1… Read more »