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Earthlink Company

BUSINESS
February 11, 2004 | From Bloomberg News
EarthLink Inc. and Verizon Communications Inc. said they reached a marketing agreement that would let EarthLink expand its high-speed Internet service to customers in Verizon's territories. EarthLink said it expected to expand coverage in New York, Boston and Washington, and begin service in new markets including Buffalo and Poughkeepsie, N.Y., and Scranton, Pa. EarthLink will be able to use Verizon's broadband infrastructure to try to sell its service to 6.
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BUSINESS
November 17, 2007 | From the Associated Press
EarthLink Inc., a major booster of blanketing cities with wireless Internet service, said Friday that it would consider "strategic alternatives" for that business. After a review, the company "decided that making significant further investments in this business could be inconsistent with our objective of maximizing shareholder value," Chief Executive Rolla P. Huff said. The company said it was looking at "strategic alternatives" for the business but did not disclose what those might be.
BUSINESS
May 2, 2001 | LIZ PULLIAM WESTON and MYRON LEVIN, TIMES STAFF WRITERS
Investors are accusing Reed E. Slatkin, a co-founder of the giant Internet service provider EarthLink Inc., of operating a Ponzi scheme that may have resulted in the loss of least $35 million of their funds. Slatkin--a Santa Barbara socialite and venture capitalist--also is under investigation by the Securities and Exchange Commission for his financial activities, which allegedly included a day-trading operation that promised annual returns of up to 60%.
BUSINESS
August 29, 2007 | From the Associated Press
Internet service provider EarthLink Inc. said Tuesday that it would cut 900 jobs -- or nearly half its workforce -- and close four offices in an effort to reduce operating costs. The company, founded 13 years ago in Los Angeles' Los Feliz neighborhood by entrepreneur Sky Dayton, saw its shares climb 7% on the news. EarthLink continues struggling to generate revenue as dial-up access customers turn to high-speed alternatives from cable and phone companies.
BUSINESS
May 26, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
The FBI on Friday searched the Santa Barbara home of Reed E. Slatkin, the EarthLink Inc. co-founder and private money manager under criminal investigation for investment fraud. The search at Slatkin's Hope Ranch estate came two weeks after FBI and Internal Revenue Service agents raided Slatkin's offices in Goleta and Santa Fe, N.M., hauling away boxes of documents and computers.
BUSINESS
February 19, 2004 | From Bloomberg News
America Online Inc. and EarthLink Inc. sued people and Web firms they say sent their customers more than 285 million pieces of unwanted e-mail. Atlanta-based EarthLink claims that a group of 16 individuals and companies known as the "Alabama Spammers" sent more than 250 million pieces of illegal commercial e-mail, better known as spam. AOL, a unit of Time Warner Inc., is suing Connor Miller Software Inc.
BUSINESS
December 25, 2000 | ARIANA EUNJUNG CHA, WASHINGTON POST
Mike Lunsford got the news about 12:25 p.m., just as he was stepping onto the sidewalk in front of EarthLink Inc.'s headquarters here to cross the street. A colleague called on his cell phone and told him, "It's over!"--federal antitrust regulators had finally voted to approve America Online Inc.'s $183-billion takeover of Time Warner Inc. Lunsford wasn't sure whether to be happy, afraid, or both. He settled for being relieved.
BUSINESS
February 21, 2006 | From Associated Press
EarthLink Inc. said Monday that it would offer DirecTV satellite television service in a bundled option in select markets across the United States. The Atlanta-based Internet service provider said the offer would begin by the end of the first quarter. It did not say in which markets the option would be available or offer any pricing details. Atlanta-based BellSouth Corp., the dominant local telephone provider in nine southeastern states, also has a partnership with DirecTV Inc.
BUSINESS
May 4, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
EarthLink Inc. co-founder Reed E. Slatkin, under investigation for running an alleged Ponzi scheme, told some of his clients in January 2000 that he was getting out of the money-management business, but instead continued to accept new investments until early this year. Slatkin, a Santa Barbara venture capitalist, told the investors in a Jan. 7, 2000, letter that "a question again has been raised by the [Securities and Exchange Commission] . . .
BUSINESS
May 8, 2003 | From Associated Press
A federal judge in Atlanta awarded Internet service provider EarthLink Inc. damages of $16.4 million and a permanent injunction against a Buffalo, N.Y.-based sender of junk e-mail. Howard Carmack, identified as the leader of a ring that used EarthLink services to send some 825 million pieces of unsolicited "spam" e-mail in the last year, is banned from sending spam or helping others send it. Carmack could not be reached for comment.
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