DoubleClick to cut 10% of global staff as spending slows

Article Abstract:

DoubleClick Inc. is downsizing its labor force by 10%. The planned layoffs reflect the drop in online advertising spending around the world.

Labor force information, Planning, Human resource management, Layoffs

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Ad slump doesn't deter DoubleClick officials; company goes on asset-acquisition binge

Article Abstract:

The leader in delivering online advertising, DoubleClick Inc., isn't slowing its acquisition activity just because Internet ad spending has slowed dramatically. Recent acquisitions include AdMonitor, Sebela Media and MessageMedia. Some analysts seem only lukewarm to the company's optimism. DoubleClick's competitors are also merging just to stay in business.

Asset sales & divestitures, Acquisitions & mergers, Company Planning/Goals, Advertising, not elsewhere classified, Advertising Services NEC, Other Services Related to Advertising, Mergers, acquisitions and divestments, Brief Article, Advertising services, Marketing industry

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QXL faces jittery sector ahead of IPO

Article Abstract:

QXL.com. PLC will begin trading on the London Stock Exchange and on the Nasdaq Stock Market. According to those familiar with the situation, QXL's planned initial public offering (IPO) is subscribed eight times. This is despite the fact that investors have been concerned that Internet shares are overhyped. QXL is an London-based auctioneer on the Internet. QXL's IPO share price is expected to range from 180 pence to 205 pence per share.

United Kingdom, On-Line Information Services, Organizational history, Videotex & Teletext Svcs NEC, Online services, Internet services, Abstract, Online information services, Securities, QXL.com. PLC

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