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.'
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Studies find scant availability of spectrum for wireless Internet. Wireless companies may be near deal for new licenses
- Abstracts: Apple returns to profitability on strength of new portable PC. Odyssey of hacker: from outlaw to consultant
- Abstracts: At high intensity: if diplomacy fails, bombing Iraq could be costly. Bush vs. Iraq: the rematch
- Abstracts: Learning to speak their minds: for some dyslexics, voice recognition may help in getting thoughts on paper. Researchers trying to find ways to turn microchips into lasers