October 22, 2000
Beleaguered Priceline.com, the name-your-own-price Internet auctioneer of airline tickets, car rentals and hotel rooms, is being investigated by Connecticut Atty. Gen. Richard Blumenthal, whose office is probing about 100 complaints of "incomplete and inaccurate disclosure" of the company's sales policies, especially for airline tickets and gasoline. (Priceline has announced it will drop sales of gasoline.
February 9, 1999 |
Ameritrade Holding Corp. shares fell Monday as the online broker's Internet and touch-tone trading services crashed for about half an hour. The stock dropped $15.50, or 16%, to $80 in trading of 2.25 million shares, more than double the average volume of the last three months.
January 16, 1999 |
Autobytel.com Inc., which operates a Web site for purchasing new and used vehicles, has revved up plans for an initial stock offering more than 1 1/2 years after canceling earlier plans. The Irvine-based company will seek to raise about $72 million by selling 4.5 million shares to new investors for an estimated $16 per share, according to a report filed Friday with the Securities and Exchange Commission. At that price, the company would have a market value of about $285.
November 2, 2002 |
In what must be regarded as one of the most bizarre soccer games in history, AS Adema, the champion of Madagascar, defeated rival Stade Olympique l'Emyrne, 149-0, on Thursday in a Madagascan league match in the port city of Toamasina. Every one of the 149 goals was an own goal, scored by SOE players into their own net in protest of a refereeing decision.
September 20, 1996 |
The CIA shut down its Internet home page Thursday after Swedish hackers broke in, changed the name to Central Stupidity Agency and replaced the usual offering of speech texts and news releases with "news from space" and "nude girls." The hackers, calling themselves "Power Through Resistance," also slammed Bo Skarinder, a prosecutor in a Swedish court case, urging him to "Stop Lying." The case involves a group of hackers ages of 16 to 20 who went on trial this week. Embarrassed U.S.
August 26, 2001
Nov. 1 marks the start of the discount season for tours to many European destinations--even some that stay relatively warm. For instance, the Italian firm TourCrafters, with offices in Rome and Libertyville, Ill., offers a $739-per-person package to Naples, Italy. It includes round-trip air fare from Los Angeles, five nights' hotel, daily breakfast and hotel service charges and taxes; airport taxes are extra. The price is good for travel Nov. 1 to Dec. 15 and Jan. 3 to March 23.
August 3, 1999 |
One in four people shopping for a used car goes to the Internet for help, according to a study. The nearly 10,000 used-car buyers polled by J.D. Power & Associates said they most frequently visited the Web site of Kelley Blue Book for pricing and other general information, as well as the sites of Consumer Reports, Autobytel.com, Edmund's and Microsoft Corp.'s CarPoint.
February 22, 1999
As part of last week's unveiling of Intel Corp.'s new Pentium III chip, Irvine-based Autobytel.com Inc. showed off a prototype of a program that allows car buyers to fully customize vehicles over the Internet before they buy. The 3D Virtual Showroom will give consumers a complete three-dimensional view of vehicles as well as views of all interior and exterior angles. Autobytel.com has applied for a patent for the system, which will go live on their Web site at http://www.autobytel.
December 22, 2000 |
BizBuyer.com, a Santa Monica-based firm that allows businesses to request bids for services over the Internet, said this week it would shut its operations. The 2-year-old company raised more than $44 million and still has $35 million in the bank, but that won't be enough to carry it to profitability. Therefore, "the responsible decision was to close operations and return the remaining cash to our investment partners," said founder and Chief Executive Bernard Louvat.