June 18, 1997 |
As the comedian Jimmy Durante used to say, "Everybody wants to get into the act." The "act" in this case is the creation of local entertainment and recreation guides that have long been the exclusive domain of the print media--daily newspapers, city magazines and alternative weeklies. Because such listings are easily generated and maintained by computer, high-tech companies are moving en masse to create their own online guides. Microsoft Corp.
August 13, 1998 |
In a bid to vastly expand its Internet business and tap into the craze on Wall Street for Internet stocks, Barry Diller's USA Networks Inc. is expected to announce plans today to merge the online ticketing arm of its Ticketmaster Group with CitySearch, a Pasadena-based company that creates online city guides.
December 15, 1999 |
Most television networks are awash in "dot-com" advertising. But on Spanish-language giant Univision, you won't see any. And that's despite a burgeoning category of Spanish-language Web sites and portals hungry to reach the network's vast audience. Wary of would-be competitors, Univision is declining all dot-com advertising while it develops its own online strategy.
September 6, 1999 |
America Online became the behemoth of cyberspace with a four-legged strategy that now seems obvious: Give the masses an easy link to the Internet, give them something to do there, let them meet a few other human beings and then charge a low enough price so they won't leave. It's only taken 14 years, but the rest of the online world is catching up, leaving AOL to figure out how to survive in a world where its pioneering strategies in ease of use, content and pricing are no longer that special.
May 9, 1996 |
Despite a return to profitability and a promising new venture in Japan, America Online Inc. saw its shares fall more than 10% on Wednesday after the computer online services company reported earnings that disappointed some Wall Street investors. The Vienna, Va.-based firm said it earned $15.1 million in the first three months of the year, contrasted with a net loss of $3.3 million during the same period a year ago.
November 4, 1997 |
Mark Robertson spent most of last Wednesday morning trying to get into his Internet trading account through E-Trade Group Inc.'s World Wide Web site. When he finally got through, he sold the E-Trade shares he'd bought almost a year ago. The full-time investor in Raleigh, N.C., was betting against E-Trade because of the online brokerage's problems handling the huge volume of trades in last Tuesday's rally that followed the previous day's 554-point drop in the Dow Jones industrial average.
April 23, 1998 |
Continuing the frenetic boom of Internet stocks, Alpha Microsystems shares more than doubled after the Santa Ana-based company unveiled free software Wednesday to help investors use the global computer network. Alpha Microsystems rose $3.38 share in heavy trading, closing at a 52-week high of $6.19 on the Nasdaq. Nearly 21 million shares traded Wednesday--a huge jump over its average volume of about 514,000--making it the fourth most active stock on U.S. markets.
February 10, 1998 |
America Online Inc. said Monday that it will raise the monthly rate for unlimited access to its online service and the Internet by $2, news that triggered a gain in its stock price of more than 10%. The Dulles, Va.-based company said rates for unlimited monthly service--the plan used by two-thirds of its 11 million customers--will rise by $2 to $21.95 in April. Other price plans will not be affected, it said.
February 8, 2001 |
If a walking stick is required, by all means let it be lipstick-red lacquer. The marketing of products targeted to seniors traditionally has been a rather dreary affair: utilitarian walkers, clunky hospital tables, lighted magnifying glasses, plastic pill organizers sold through medical supply centers and catalogs. Online sources such as drleonards.com and seniorstore.com feature a broad selection of products for the frail and infirm, from bedpans and lift chairs to orthopedic aids.
April 5, 2012 |
SAN FRANCISCO — Yahoo Inc.'s decision to slash 2,000 employees, or 14% of its workforce — the deepest cuts in its 18-year history — marks new Chief Executive Scott Thompson's seriousness about a sweeping restructuring of the troubled online company. "It may be the only way CEO Thompson can effectively focus on the next generation of Yahoo," Think Equity analyst Ronald Josey said in a research note. Though Yahoo still has one of the largest audiences on the Web, it has been steadily losing ground to rivals Facebook Inc. and Google Inc. in the battle for advertising dollars.