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BUSINESS
September 8, 1997 | RAJIV CHANDRASEKARAN, WASHINGTON POST
America Online Inc. was close to reaching a deal Sunday night to take over its biggest competitor, the faltering CompuServe Inc. online service that has 2.6 million customers, sources close to the negotiations said. Under terms of the proposed deal, CompuServe would still exist as a separate service, but would be fully operated by AOL. (Bloomberg News reported that sources said CompuServe's board had voted to approve the transaction Sunday morning.
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BUSINESS
May 29, 1998 | From Times Wire Services
In a surprise verdict that could stunt multimedia growth in Germany, a Munich court on Thursday convicted a former CompuServe regional manager of pornography charges for failing to block pornographic material available on the Internet. The court convicted Felix Somm, even though prosecutors had reversed themselves and asked for his acquittal.
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BUSINESS
September 8, 1997 | From Bloomberg News
WorldCom Inc. agreed to buy CompuServe Corp. for almost $1.2 billion in stock and is in talks to buy an America Online Inc. unit to become the biggest provider of services to link businesses over the Internet, people familiar with the transaction said. CompuServe's board voted to approve the transaction Sunday morning, they said. CompuServe shareholders, including 80% owner H&R Block, will receive about $13 in WorldCom stock for each share.
BUSINESS
September 9, 1997 | KAREN KAPLAN, TIMES STAFF WRITER
CompuServe Corp. pioneered and dominated the commercial online service industry, but in the end the struggling company lost out to a swift-footed competitor with a bolder vision of an indispensable computer network used by everyday Americans. The $1.27-billion deal announced Monday that would split CompuServe's assets between rival America Online Inc. and telecommunications powerhouse WorldCom Inc.
BUSINESS
June 28, 1989 | From United Press International
Apple Computer, which fired a programmer for leaking information, has served notice that there will be "sanctions" against any employee who breaches its security. David Ramsey, 33, author of Apple's MacPaint 2.0 program, said he was fired Thursday for using the CompuServe electronic bulletin board to disclose information. Chris Escher said Monday that Apple has "a commitment to open communication and that environment is based on trust. "All employees have sensitive material in their hands every day, and we expect them to act with good judgment regarding that information.
ENTERTAINMENT
July 31, 1994
Robert Levine's article "Coming Attractions Come On-Line" (Film Clips, July 10), about video clips from movies being available via computer network "for the first time, starting two weeks ago," must have come as a big surprise to Paramount, TriStar, Metro-Goldwyn-Mayer and other studios. They've made such programs available to subscribers of CompuServe since last year. ShowBiz Forum on CompuServe was the first to introduce these clips produced by Hollywood Online and has presented interactive multimedia programs from films such as "The Age of Innocence," "Addams Family Values" and others.
CALIFORNIA | LOCAL
January 14, 1987 | SANDRA CROCKETT, Times Staff Writer
Roy Feinson has organized what he calls the largest chess tournament of its kind from the den of his unassuming Huntington Beach apartment. And he has never seen, or even talked to, any of the more than 220 entrants. With the help of Compuserve Inc., a Columbus, Ohio, computer company, Feinson launched the tournament on Monday. "What is unique is that this is the largest electronic chess tournament, I believe, ever held," said Feinson, 29, a discount store operations manager.
BUSINESS
March 23, 1987 | Lawrence J. Magid, Lawrence J. Magid is vice president and senior analyst at Seybold Group, a computer consulting and publication firm.
I have long been an on-line junkie, addicted to dial-up information services such as the Source, CompuServe, Dow Jones News/Retrieval and Knowledge Index. Trouble is, with the price of those services ranging from $12 to $40 an hour, it has been an expensive habit. Now, however, there is a cheaper alternative. It's Genie, a service of the General Electric Information Service Co., or GEISCO. Used at speeds of either 300 or 1,200 bits per second, Genie costs only $5 an hour during the evening (6 p.
NEWS
November 3, 1995 | LINTON WEEKS, THE WASHINGTON POST
They're quirky, kinky, fast and in your face. They're supposed to tell the whole world, not just computer geeks, about that mysterious and much-hyped land called cyberspace. But what do America Online's new national TV ads really say? In one, a man in a tractor cap is sitting in his living room. He's staring into the extraterrestrial glow of his computer and poking at the keys with his index fingers. He's got a two-day beard, bad teeth and a psychotic grin.
BUSINESS
April 17, 1997 | Bloomberg News
More than a year after raiding the German offices of CompuServe Inc., Bavarian prosecutors charged the online service's German chief with being an accessory to the dissemination of pornography. In papers filed in state court in Munich, prosecutors charged that Felix Somm, as the U.S.-based company's German representative, "knowingly" allowed pornographic images, including child pornography, to reach customers on Internet in 1995 and 1996.
BUSINESS
September 9, 1997 | From Bloomberg News
For WorldCom Inc. Chief Executive Bernard Ebbers, acquisitions are the name of the game. Ebbers, a Canadian who likes to work in jeans, cowboy boots and turquoise jewelry, has bought more than 40 companies in the last five years, spurring WorldCom's surge to No. 4 among U.S. long-distance carriers. The most recent purchase is a $1.2-billion stock swap for CompuServe Corp., H&R Block Inc.'s online service. The acquisition would expand WorldCom's UUNet Technologies Inc.
BUSINESS
September 8, 1997 | From Bloomberg News
WorldCom Inc. agreed to buy CompuServe Corp. for almost $1.2 billion in stock and is in talks to buy an America Online Inc. unit to become the biggest provider of services to link businesses over the Internet, people familiar with the transaction said. CompuServe's board voted to approve the transaction Sunday morning, they said. CompuServe shareholders, including 80% owner H&R Block, will receive about $13 in WorldCom stock for each share.
BUSINESS
September 8, 1997 | RAJIV CHANDRASEKARAN, WASHINGTON POST
America Online Inc. was close to reaching a deal Sunday night to take over its biggest competitor, the faltering CompuServe Inc. online service that has 2.6 million customers, sources close to the negotiations said. Under terms of the proposed deal, CompuServe would still exist as a separate service, but would be fully operated by AOL. (Bloomberg News reported that sources said CompuServe's board had voted to approve the transaction Sunday morning.
BUSINESS
July 30, 1997 | (Associated Press)
CompuServe Corp. said it will create an online area containing risque material that will be off-limits to young eyes. The nation's second-largest online service said adults will need a password to gain access to the segregated material. Content ranges from a gay and lesbian forum to lingerie information to adult-themed games. CompuServe's move is the latest industry response to pressure from consumer groups and the White House to protect youngsters from online content deemed offensive.
BUSINESS
June 19, 1997 | (Reuters)
CompuServe Corp., the nation's No. 2 online service, reported a loss for its fiscal fourth quarter, citing $9.2 million in one-time special charges and a decline in U.S. subscribers. The Columbus, Ohio-based unit of H & R Block Inc. said it lost $18 million, or 19 cents per share, in the quarter ended April 30, compared with a loss of $1.1 million, or 2 cents a share, in the year-ago quarter. Revenue fell to $208 million from $215 million.
BUSINESS
May 2, 1997 | From Reuters
America Online, CompuServe and Prodigy Services on Thursday settled government allegations that supposed "free trial" offers resulted in unexpected charges to consumers. The Federal Trade Commission voted 5-0 for the agreement requiring that--among other things--companies get written authorization from consumers before tapping their checking accounts electronically. No fines were levied against the three. AOL, CompuServe and Prodigy said in statements that they are now complying with the law.
BUSINESS
July 30, 1997 | (Associated Press)
CompuServe Corp. said it will create an online area containing risque material that will be off-limits to young eyes. The nation's second-largest online service said adults will need a password to gain access to the segregated material. Content ranges from a gay and lesbian forum to lingerie information to adult-themed games. CompuServe's move is the latest industry response to pressure from consumer groups and the White House to protect youngsters from online content deemed offensive.
BUSINESS
February 22, 1997 | Times Staff and Wire Reports
CompuServe Corp. quietly cut 500 jobs, or 14% of its work force, over the last nine months in a bid to reverse losses in its flagship online computer service. The cuts leave the Columbus, Ohio-based company with about 3,200 employees. They include 17 jobs creating content for WOW, a family-oriented online service that CompuServe scrapped last month--just 10 months after its launch.
BUSINESS
April 17, 1997 | Bloomberg News
More than a year after raiding the German offices of CompuServe Inc., Bavarian prosecutors charged the online service's German chief with being an accessory to the dissemination of pornography. In papers filed in state court in Munich, prosecutors charged that Felix Somm, as the U.S.-based company's German representative, "knowingly" allowed pornographic images, including child pornography, to reach customers on Internet in 1995 and 1996.
BUSINESS
April 3, 1997 | KAREN KAPLAN, SPECIAL TO THE TIMES
CompuServe Corp., the beleaguered No. 2 online service, confirmed Wednesday it is in talks to be acquired by another company, but would not name the suitor. Industry leader America Online is widely believed to be the leading potential buyer, although Microsoft Network and AT&T's WorldNet service were also floated as possible candidates.
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