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December 24, 1999 | Bloomberg News
Universal Image Inc., a maker of educational videos, amended its lawsuit against Yahoo Inc. to seek up to $4 billion in damages, including $3 billion in punitive damages. The suit, initially filed in June, claims that the No. 1 Web search company violated a contract to provide information about users of Yahoo's video and audio programming. Universal Image, which does business on the Web as Chalkboardtalk.com, held the contract with Broadcast.com, which Yahoo acquired in July.
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BUSINESS
December 24, 1999 | Bloomberg News
Universal Image Inc., a maker of educational videos, amended its lawsuit against Yahoo Inc. to seek up to $4 billion in damages, including $3 billion in punitive damages. The suit, initially filed in June, claims that the No. 1 Web search company violated a contract to provide information about users of Yahoo's video and audio programming. Universal Image, which does business on the Web as Chalkboardtalk.com, held the contract with Broadcast.com, which Yahoo acquired in July.
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