July 3, 1999 |
There isn't much that's free in the latest round of "Free PC" offers, and industry analysts see the $400 rebates that have sprung up this week as adding just a small amount to the 50% or so of U.S. homes with computers. While the terms vary, the offers by America Online's CompuServe unit, the Microsoft Network and Prodigy generally give computer buyers $400 off a new computer when they commit themselves to three years of Internet access at current rates of about $20 a month.
July 14, 1999 |
Takeovers are usually great news for owners of the target companies. But it isn't working that way for some Internet-related firms: * Walt Disney Co.'s decision to buy up Infoseek sent that stock down $5.56 on Monday and $2.44 on Tuesday, ending at $43.50. * Online shopping firm Imall Inc. slid 31 cents to $22 on Tuesday after the company agreed to be bought by Excite@Home Corp. Excite@Home will pay $22.97 in stock for each Imall share, based on Tuesday's $49.
CALIFORNIA | LOCAL
July 20, 1999 |
A Tarzana-based creator of Web sites Monday launched a one-stop Web portal specifically aimed at the 1.7 million residents and 70,000 businesses in the San Fernando Valley area. Joining Valley-specific portals like Ventura Boulevard.com and local sites hosted by Web giants like Yahoo, GoValley.
March 23, 1999 |
The subtitle of the Comcast-MediaOne mega-merger announced Monday might well be "Waiting for Broadband." The opportunity to equip millions of American homes with the high-speed Internet access that could finally fulfill the personal computer's destiny as a household information appliance is a major factor driving the deal.
January 27, 1999 |
Compaq Computer's announcement Tuesday that it would spin off its AltaVista Internet search service as an independent Web portal site may be a case of too little too late, industry experts said. Compaq will try to ride the current Internet stock mania and deploy its vast assets as the largest maker of personal computers to boost AltaVista into the top ranks of mega-sites that combine search, shopping, e-mail and a wide range of entertainment and financial services.
January 15, 1999 |
Drawn by easier access and burgeoning opportunities for shopping and entertainment, a flood of mainstream Americans have become Internet users in the last year, with women leading the way, according to a new study. And these new users are more interested in utilitarian personal services such as weather reports and shopping than politics, news or random Web surfing--a shift in tastes that experts say could transform the nature of the Internet.
November 18, 1999 |
Shares of Alpha Microsystems rose more than 37% after news of a two-year licensing pact with a Danish portal company boosted wary investors' confidence in the company's plans to form an Internet unit. The contract announced by the Santa Ana Internet software and information technology company is the first for its recently formed NQL Solutions unit, said Peter Cardillo, director of research at Westfalia Investments. The company's stock rose $1.25 a share Wednesday to close at $3.
November 9, 1999 |
Microsoft Corp. may have been a ferocious competitor in the software industry, as U.S. District Judge Thomas Penfield Jackson depicts in his antitrust ruling. But in many other businesses in which the software behemoth has expended billions of dollars to win market share for its products, it has been more of a paper tiger. Its Microsoft Network service remains a distant fourth among Internet service providers, about one-tenth the size of its most powerful rival, America Online Inc.
September 30, 1999 |
The board that controls Excite@Home Corp. is preparing to vote on whether to split the high-speed online service provider into two companies, according to sources close to the situation. Sources say AT&T, the largest shareholder of Excite@Home, with 58% of the votes, sent a formal proposal to the Excite@Home board this week that calls for separating the distribution from the content assets of the company, just months after the $7.
August 7, 2001 |
It is volunteer night at the San Francisco Food Bank, and the dot-bombed have gathered to be reminded that somewhere, some people are even more miserable than they are. Wendy Wedlake, in capri pants, packs frozen snow peas into plastic baggies. She has been out of work for four months. Her compatriots eavesdrop sadly as she shares her story: "Laid off from an Internet market research company, third round, I was in sales, I knew it was coming. When they told me, at first I didn't even cry.