May 28, 1999 |
Yahoo Inc. is planning to close its $2.94-billion acquisition of GeoCities today after GeoCities shareholders vote to approve the deal in Marina del Rey this morning. Five GeoCities shareholders who collectively hold a stake of about 60% have agreed to support the merger, so approval of the deal is assured.
August 28, 2001 |
Yahoo Inc.'s GeoCities unit, the biggest service that lets consumers set up their own Internet sites, said it will charge users for two new expanded versions of its free basic service. Yahoo will charge $8.95 a month for GeoCities Pro, $11.95 a month for GeoCities Webmaster and a $15 setup fee for both. GeoCities Pro and Webmaster provide personalized domain names, multiple e-mail accounts and more data storage than the basic service, a spokesman said. Sunnyvale, Calif.
August 14, 1998 |
In a groundbreaking case that strikes at the heart of consumers' growing fears about online privacy, GeoCities settled government charges Thursday that it collected personal information about its customers, including children, then sold the data to marketers in violation of its own stated privacy policies. The case marks the first time government regulators have formally accused any site on the Internet, let alone one as popular as GeoCities with its 2 million members, of such deception.
March 19, 1998 |
Santa Monica-based GeoCities, a provider of World Wide Web home pages, said it will provide tools to allow its 1.4 million members to build electronic storefronts. It said the new service, dubbed GeoShops, which capitalizes on partnerships with transaction service provider Internet Commerce Services and software maker OpenMarket, will help it further tap into the fast-growing electronic commerce market.
May 4, 1999 |
Employees at GeoCities in Marina del Rey will find out today whether they will have jobs with the company after it completes it $3.9-billion merger with Yahoo Inc. At least some of GeoCities' roughly 300 employees are expected to receive pink slips, and some others will be asked to relocate to Yahoo's headquarters in Santa Clara. The news will be relayed at an off-site meeting this morning, according to people familiar with the plans. GeoCities executives had no official comment Monday.
December 25, 1998 |
In their push to reach mass audiences, large Web site operators are developing dynamic "group publishing" software that has caught the attention of tens of thousands of families, hobbyists, clubs, civic groups and small businesses. The trend is taking vanity publishing to a new level, letting people create private virtual worlds--interactive forums where friends and family can chat, post messages and share calendars and address books.