May 17, 2001 |
In a move to preserve what's left of Reed E. Slatkin's crumbling financial empire, a U.S. Bankruptcy Court judge Wednesday named veteran forensic accountant and former FBI agent R. Todd Neilson as trustee for Slatkin's Chapter 11 case. Regulators and investors had pressed for the emergency appointment after the FBI and Internal Revenue Service raided Slatkin's offices and the Securities and Exchange Commission obtained a court order freezing his assets Friday.
January 31, 2001 |
Technology sector companies reporting earnings, excluding one-time gains or charges unless noted, include: * AvantGo Inc. said its fourth-quarter loss widened to $10.6 million, or 35 cents a share, from $2.9 million, or 18 cents, but the performance was far better than the 42-cent loss analysts expected. Revenue climbed to $6.6 million from $1 million. AvantGo also said it expects losses in the first quarter and full year to be narrower than analyst forecasts. * DataStream Systems Inc.
August 20, 2002
* EarthLink Inc. plans to offer its subscribers software to block Internet pop-up advertisements. The Atlanta-based Internet service provider also will block so-called pop-under ads. Shares rose 56 cents to $6.63 on Nasdaq. * Cingular Wireless, the second-biggest U.S. mobile-telephone company, will let users nationwide keep unused monthly minutes. The joint venture of SBC Communications Inc. and BellSouth Corp. is the first U.S. mobile-phone service to offer a national rollover plan.
June 11, 2002 |
EarthLink Inc., the third-largest U.S. Internet service provider, agreed to buy PeoplePC Inc., a provider of discount Internet connections, to add subscribers. EarthLink agreed to pay 1.71 cents for each PeoplePC share, which would be about $10 million. That's less than PeoplePC's closing price Friday of 10 cents. EarthLink also would assume about $35 million in liabilities. Shares of Atlanta-based EarthLink fell 15 cents to $6.
October 30, 2002 |
EarthLink Inc. said Thursday that its net loss narrowed substantially in the third quarter as a surge in sales of high-speed Internet access offset declining sales of slower dial-up service. The No. 3 Internet service provider said cost controls also helped pare its net loss to $30.1 million, or 20 cents a share, from a loss of $84.4 million, or 62 cents, a year earlier. Revenue in the three months ended Sept. 30 rose 7% to $340.7 million from $319 million.
January 6, 2007 |
EarthLink Inc. and Google Inc. have finalized a four-year deal to provide free wireless Internet service throughout San Francisco after seven months of sometimes-tense negotiations that stalled the city's effort to ensure all its residents, visitors and businesses have easy access to the Web. San Francisco Mayor Gavin Newsom signed off on the contract Friday, but the details still require the approval of the city's Board of Supervisors and Public Utilities Commission.