Chief resigns at Terra Lycos after dispute with owners

Article Abstract:

Robert J. Davis has resigned as CEO of Terra Lycos Inc. In 2000, Lycos was purchased by Spanish telephone company Telefonica, and Davis was to remain CEO while Juan Villalonga was to become chairman. Mr. Villalonga resigned in July of 2000 and Joaquim Agut took over as chairman. According to Mr. Davis, both men wanted much more management control than he was comfortable with. Mr. Davis is quoted as saying ' you can't steer it [Terra Lycos] effectively with two hands on the tiller.'

Executive changes & profiles, Spain, Officials and employees, Human resource management, Appointments, resignations and dismissals, Online information services, Company personnel management, Terra Lycos S.A., Davis, Robert J.

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Amazon.com receives $100 million investment from AOL

Article Abstract:

AOL Time Warner is investing $100 million in Amazon.com in exchange for software for AOL's online services. The money is timely for an earnings-flat Amazon which posted second quarter revenues at $680 million. Jeff Bezos is optimistic with proposals to lower the price of books. Analysts feel the slowdown is from a lack of new customers to the online market. But the company's gross profit was up 32%, twice the rate of sales growth. Amazon stock closed at $14.80 on the news.

Diversified Companies, Receipt of funds, Video Retailing Service, All Other Information Services, AOL Time Warner Inc., Company investment, Investments, Securities, Home shopping, Amazon.com Inc., AMZN

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Speech by GatesLends Visibility To E-Mail Stamp In War on Spam

Article Abstract:

Bill Gates used his speech before the World Economic Forum in Davos, Switzerland to address future resolution of the spam problem over the Internet. He advocated implementation of email postage that mass mailers would have to pay to send their unsolicited junk mail. The newly imposed costs would help discourage the millions of messages that clog email addresses. The challenge is in developing software that would differentiate among different email users so that private mail could be sent for free. Goodmail, founded by entrepreneur Daniel T. Dreymann, is creating a encrypted code number system and the Internet Research Task Force is working on a Sender Permitted From (S.P.F) system that would recognize legitimate sender addresses.

Government expenditures, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Financial management, Wired Telecommunications Carriers, Public affairs, Electronic Mail Services, Postal Rates, Economic aspects, Finance, Internet, Economic policy, Electronic mail systems, E-mail, Email, Gates, Bill, Control, Speeches, lectures and essays, Company financing, Spam (Junk email), Unsolicited bulk e-mail

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