May 11, 1999 |
Striving for a greater share of the ever-nebulous online audience, NBC on Monday announced that it plans to merge several of its Internet properties with Xoom.com Inc., a rapidly growing but so far profitless online direct marketing company, to create a new company known as NBC Internet. In addition to Xoom.com, the new entity would encompass Snap.com, a Web search and portal site NBC owns jointly with CNet Inc.; a 10% stake of the financial news-oriented CNBC.
December 10, 1998 |
Xoom.com Inc., a company that lures computer users to its Internet site with free services and then tries to sell them products, more than doubled in its first day of trading Wednesday. It was further evidence that investors are rushing to the shares of "e-tailers," new companies peddling goods online. Xoom.com sold 4 million shares, a 31% stake, at $14 on Tuesday, raising $56 million and valuing the company at $183 million. On Wednesday, the shares surged $20.44 to close at $34.44 on Nasdaq.
June 13, 2000 |
NBC Internet Inc. unveiled a restructuring and warned of lower-than-expected earnings and sales for the second quarter and the remainder of 2000 because of a soft advertising market from "dot-com" companies. Under the restructuring, all of NBC Internet's Web sites and products, including Snap.com, Xoom.com and VideoSeeker, will be combined under a single banner, NBCi.com. The site will debut in the fall.
July 19, 1999 |
Advertisers spent $19.1 billion pitching their products in the first quarter, a 4.6% increase over last year, a survey found, as the U.S. economy remained strong and Internet companies advertised more. General Motors Corp. was the leading advertiser, spending $622.7 million, a 16.4% increase, Competitive Media Reporting said. Pampers and Crisco oil maker Procter & Gamble Co. was the second-biggest advertiser, even though it cut its spending 10% to $393 million.
August 5, 1999 |
Today * 10:35 a.m.: Dodgers vs. Astros. The game is in Houston, but you can hear it broadcast live. http://www.dodgers.com/ Click on "Game Information." Saturday * 10 a.m.: "Pet Talk America." Hosted by Bob Vella, Pet Talk America introduces animal lovers to veterinarians, trainers and other animal experts. http://www.broadcast.com/shows/pettalk/ Sunday * 3 p.m.: Dealing with Difficult Bosses. Do you work for Attila the Hun? Find ways to cope on this live chat. http://www.ivillage.
May 17, 1999 |
It seems as if every self-respecting technology aficionado has a Web site these days. Although I have been writing about Web sites for several years now, I have resisted building my own. Until now. I'm no high-tech wizard. I curse the network and whack my computer monitor when programs unexpectedly crash. Still, I didn't expect it would be difficult to hang my own cybershingle. After all, there are more than 3 million "homesteaders" on GeoCities alone.