December 20, 2004 |
At the offices of United Online Inc. in Woodland Hills, they're still basking in the glow of having scored on AOL. "They're trying to compete with us in a segment that they used to call a fool's errand," Mark R. Goldston, the beefy 49-year-old who has run the low-cost Internet access provider since joining its predecessor in 1999, says with a chuckle.
March 30, 2004 |
Idealab Inc. investors can refile a claim seeking to dissolve the Internet incubator that created defunct retailer EToys Inc. and other companies, a California appeals court said Monday. The California Court of Appeal in Los Angeles issued its opinion at the request of the trial judge, who wanted a question of law clarified. The judge last year dismissed most of the investors' claims that Pasadena-based Idealab's directors used funds for their personal gain.
August 18, 2003 |
Selling dial-up Internet access may seem like a dying business, as waves of Web surfers defect from leading Internet service providers America Online, MSN and EarthLink. But there's a vibrant dial-up market blossoming below the industry leaders as computer users flock to no-frills access for less than $10 per month. The growth has inspired dozens of ISPs to elbow into the bargain market, some charging less than $5 a month. But no company is benefiting more from the trend than United Online Inc.
November 8, 2002 |
Discount Internet service provider United Online Inc., which offers online connections for $9.95 a month, posted its first quarterly profit Thursday, prompting analysts to declare that the cut-rate Internet service is finally in the game. The Westlake Village company said it earned $1.5 million, or 3 cents a share, in its fiscal first quarter ended Sept. 30, contrasted with a loss of $23.9 million, or 62 cents, a year ago. Revenue jumped to $58.1 million, or 38%, from $42 million last year.
August 28, 2001 |
Internet access provider NetZero Inc. said its fiscal fourth-quarter net loss widened to $42 million, or 36 cents a share, from $26.9 million, or 26 cents, a year ago, as revenue fell 36% to $12 million. Analysts expected a loss of 34 cents, according to Thomson Financial/ First Call. The company said spending on marketing contributed to the loss. NetZero shares closed unchanged at 62 cents on Nasdaq.
August 2, 2001 |
NetZero Inc. said Wednesday that it will dramatically scale back the amount of free Internet service it offers to customers and begin charging those who live in outlying areas. The Westlake Village company was the first to offer free Internet access to customers willing to share personal information and look at targeted ads. The money-losing firm limited its free service to 40 hours a month in January and now plans to slash the amount to 10 hours beginning Oct. 1.