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BUSINESS
January 14, 2000 | Karen Kaplan
Shares of NetZero, the free Internet service provider, leaped 25% after the Westlake Village company said it had struck a strategic alliance with General Motors. The auto maker will buy up to $68 million in advertising from NetZero over a four-year period. GM also will distribute 20 million discs with the ISP's software and receive a warrant to purchase up to 575,000 shares of NetZero common stock at $28.71 per share. GM will also provide automotive content to NetZero's 3 million Web customers.
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BUSINESS
November 17, 2006 | From Bloomberg News
NetZero, the Internet service operated by United Online Inc., will begin offering broadband Web access under an agreement with Verizon Communications Inc. as part of an effort to stem the loss of dial-up customers. NetZero will offer digital subscriber line access at speeds of as much as 1.5 megabit per second where Verizon has DSL service, including California, Woodland Hills-based United Online said. The agreement marks United Online's entry into the market for high-speed Internet service.
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BUSINESS
November 2, 1998 | KAREN KAPLAN
NetZero, the Westlake Village company that launched a free, advertiser-supported Internet service two weeks ago, has signed up some high-profile companies to pay for 30-second ads. Sprint and Jaguar have bought ads, as have several Internet companies that run online auctions, gaming sites and music sites. NetZero (http://www.netzero.com) said it is signing up new members at the rate of one every 30 seconds.
BUSINESS
June 27, 2006 | From the Associated Press
Five leading Internet service providers will jointly build a database of child-pornography images and develop other tools to help network operators and law enforcement better prevent distribution of the images. The companies are set to pledge a total of $1 million today to form a technology coalition as part of the National Center for Missing and Exploited Children. They aim to create the database by year's end, although many details remain unsettled.
CALIFORNIA | LOCAL
June 6, 2000 | BARBARA MURPHY
NetZero Inc. in Westlake Village said it will buy privately held Simpli.com Inc., a marketing and search technology company. Under the terms of the agreement, NetZero will issue about 2.5 million shares of its common stock and pay $2.6 million in cash. The transaction is expected to be completed by September. Providence, R.I.-based Simpli.
BUSINESS
April 25, 2000 | KAREN KAPLAN and ELIZABETH DOUGLASS, TIMES STAFF WRITERS
Qualcomm Inc., the wireless technology giant best known for its digital phone network, entered the Internet service provider business Monday, purchasing a 10% stake in NetZero for $144 million. The deal positions Westlake Village-based NetZero to be the first Internet service provider to test and deploy Qualcomm's wireless High Data Rate, or HDR, technology.
BUSINESS
June 27, 2006 | From the Associated Press
Five leading Internet service providers will jointly build a database of child-pornography images and develop other tools to help network operators and law enforcement better prevent distribution of the images. The companies are set to pledge a total of $1 million today to form a technology coalition as part of the National Center for Missing and Exploited Children. They aim to create the database by year's end, although many details remain unsettled.
BUSINESS
March 30, 2004 | From Bloomberg News
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.
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
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 20, 2004 | Michael Hiltzik
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.
BUSINESS
March 30, 2004 | From Bloomberg News
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.
BUSINESS
August 18, 2003 | Michael Liedtke, Associated Press
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.
BUSINESS
November 8, 2002 | David Colker, Times Staff Writer
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.
BUSINESS
August 28, 2001 | Associated Press
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.
BUSINESS
August 2, 2001 | KAREN KAPLAN, TIMES STAFF WRITER
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.
BUSINESS
January 9, 2001 | Bloomberg News
NetZero Inc. said it won a court order against Juno Online Services Inc., preventing its rival provider of free Internet access from displaying third-party ads in floating windows. The temporary restraining order, granted Friday, extends until March 15. A trial on NetZero's patent-infringement claims against Juno is set for July. NetZero last month sued Juno in U.S.
BUSINESS
August 10, 2000 | Bloomberg News
NetZero Inc., a provider of free Internet access, said its fiscal fourth-quarter loss widened to $26.9 million, or 26 cents a share, as marketing expenses, product development and other costs surged. Analysts had expected a deeper loss of 29 cents. Revenue rose more than fivefold to $18.7 million from $3.73 million. Westlake Village-based NetZero said it gained 900,000 registered users during the quarter, ending June with nearly 5 million.
BUSINESS
July 4, 2001 | Times Staff and Reuters
Diedrich Coffee Inc.'s stock, in danger of being removed from the Nasdaq National Market, has won a reprieve, the Irvine specialty coffee retailer said Tuesday. The company said it has been notified by Nasdaq that it now complies with all of the requirements necessary for continued listing. Diedrich had been granted an extension by Nasdaq officials to comply with minimum net tangible asset requirements and minimum bid price requirements for continued listing.
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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