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Juno Online Services Inc

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BUSINESS
January 25, 2001
* Juno Online Services Inc., the latest Internet company to trim operations, said it's cutting more than 4% of its work force of 325 people. A company spokesman declined to disclose the total number of layoffs.
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BUSINESS
June 8, 2001 | KAREN KAPLAN, TIMES STAFF WRITER
The last two companies offering free Internet access--NetZero and Juno Online Services--agreed to merge Thursday, in a deal that would create the nation's second-largest Net service provider. But analysts were skeptical that the new company would be able to turn a profit in the face of a steep downturn in online advertising. NetZero, the first company to offer free Net access to customers willing to share personal information and look at ads, would pay $70.7 million in stock for Juno.
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BUSINESS
August 17, 2000 | Bloomberg News
Juno Online Services Inc. shares rose 24% after the provider of Internet access said its service will be included in some IBM Corp. personal computers. Juno shares rose $1.19 to close at $6.13 on Nasdaq. The stock has fallen 83% this year. The New York-based company said its software will be placed on some IBM Aptiva, ThinkPad and NetVista PCs. Terms of the agreement were not disclosed.
BUSINESS
April 25, 2001 | From Reuters and Bloomberg News
Amazon.com Inc. on Tuesday posted a sharply lower first-quarter loss--in line with a recent announcement--and affirmed that it was on-track for its first quarterly operating profit by the end of the year. Amazon, which sells everything from books to electronics to hardware, reported a loss of $49 million, or 21 cents a share, excluding a broad range of costs, compared with a loss of $99 million, or 35 cents a share, a year earlier.
BUSINESS
January 12, 2000
Juno Online Services Inc., the Internet service provider controlled by hedge fund manager David Shaw, said its fourth-quarter loss widened as revenue more than doubled to $18.1 million from $8 million. New York-based Juno said it had a loss of $15.7 million, or 45 cents a share, compared with $7.7 million a year earlier, when it was a closely held partnership. Juno shares closed up $3.63 at $41.63 on Nasdaq after rising as high as $48.63.
BUSINESS
June 2, 2000 | Bloomberg News
Juno Online Services Inc., an e-mail and Internet-access provider, has sued NetZero Inc. and Qualcomm Inc. for allegedly stealing a patented method for displaying advertising even when computer users are offline. The lawsuit, filed in a Delaware federal court, claims that Juno received a patent in 1998 protecting a technique for downloading advertisements and other content and displaying it to Internet users after an online session.
BUSINESS
December 28, 2000 | Bloomberg News
NetZero Inc. sued rival free Internet access provider Juno Online Services Inc. for allegedly infringing on technology used to display messages or advertisements in a window for as long as a user stays online. NetZero accuses Juno of infringing on its patented on-screen window that constantly displays links, buttons or advertisements, according to the complaint filed in U.S. District Court in Los Angeles. The patent was issued Dec. 5.
BUSINESS
July 31, 2000 | From Associated Press
Several days after facing scrutiny from regulators for its planned merger with America Online Inc., Time Warner Inc. has made its first deal to allow an independent Internet service provider access to its cable system. Time Warner Cable is set to announce today a preliminary agreement with Juno Online Services Inc. to offer high-speed Net service to cable customers, the companies said.
BUSINESS
February 3, 2001 | ANICK JESDANUN, ASSOCIATED PRESS
Juno Online Services Inc. may require subscribers of its free Internet service to give up more control of their computers, prompting complaints about privacy and security risks. Juno, which now compels those users to view ads and share marketing data in exchange for free Internet service, wants to raise additional revenue by selling unused processing power from subscribers' computers to research institutions and corporations.
BUSINESS
February 3, 2001 | ANICK JESDANUN, ASSOCIATED PRESS
Juno Online Services Inc. may require subscribers of its free Internet service to give up more control of their computers, prompting complaints about privacy and security risks. Juno, which now compels those users to view ads and share marketing data in exchange for free Internet service, wants to raise additional revenue by selling unused processing power from subscribers' computers to research institutions and corporations.
BUSINESS
January 25, 2001
* Juno Online Services Inc., the latest Internet company to trim operations, said it's cutting more than 4% of its work force of 325 people. A company spokesman declined to disclose the total number of layoffs.
BUSINESS
December 28, 2000 | Bloomberg News
NetZero Inc. sued rival free Internet access provider Juno Online Services Inc. for allegedly infringing on technology used to display messages or advertisements in a window for as long as a user stays online. NetZero accuses Juno of infringing on its patented on-screen window that constantly displays links, buttons or advertisements, according to the complaint filed in U.S. District Court in Los Angeles. The patent was issued Dec. 5.
BUSINESS
August 17, 2000 | Bloomberg News
Juno Online Services Inc. shares rose 24% after the provider of Internet access said its service will be included in some IBM Corp. personal computers. Juno shares rose $1.19 to close at $6.13 on Nasdaq. The stock has fallen 83% this year. The New York-based company said its software will be placed on some IBM Aptiva, ThinkPad and NetVista PCs. Terms of the agreement were not disclosed.
BUSINESS
July 31, 2000 | From Associated Press
Several days after facing scrutiny from regulators for its planned merger with America Online Inc., Time Warner Inc. has made its first deal to allow an independent Internet service provider access to its cable system. Time Warner Cable is set to announce today a preliminary agreement with Juno Online Services Inc. to offer high-speed Net service to cable customers, the companies said.
BUSINESS
June 2, 2000 | Bloomberg News
Juno Online Services Inc., an e-mail and Internet-access provider, has sued NetZero Inc. and Qualcomm Inc. for allegedly stealing a patented method for displaying advertising even when computer users are offline. The lawsuit, filed in a Delaware federal court, claims that Juno received a patent in 1998 protecting a technique for downloading advertisements and other content and displaying it to Internet users after an online session.
BUSINESS
April 25, 2001 | From Reuters and Bloomberg News
Amazon.com Inc. on Tuesday posted a sharply lower first-quarter loss--in line with a recent announcement--and affirmed that it was on-track for its first quarterly operating profit by the end of the year. Amazon, which sells everything from books to electronics to hardware, reported a loss of $49 million, or 21 cents a share, excluding a broad range of costs, compared with a loss of $99 million, or 35 cents a share, a year earlier.
BUSINESS
June 8, 2001 | KAREN KAPLAN, TIMES STAFF WRITER
The last two companies offering free Internet access--NetZero and Juno Online Services--agreed to merge Thursday, in a deal that would create the nation's second-largest Net service provider. But analysts were skeptical that the new company would be able to turn a profit in the face of a steep downturn in online advertising. NetZero, the first company to offer free Net access to customers willing to share personal information and look at ads, would pay $70.7 million in stock for Juno.
BUSINESS
January 12, 2000
Juno Online Services Inc., the Internet service provider controlled by hedge fund manager David Shaw, said its fourth-quarter loss widened as revenue more than doubled to $18.1 million from $8 million. New York-based Juno said it had a loss of $15.7 million, or 45 cents a share, compared with $7.7 million a year earlier, when it was a closely held partnership. Juno shares closed up $3.63 at $41.63 on Nasdaq after rising as high as $48.63.
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