Word: altavista
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...officials of the Community Foundation Silicon Valley, where contributions this year have been running 50% behind the year-ago pace. The foundation suffered major setbacks when the Web portal AltaVista, which had pledged 25,000 IPO shares, postponed the offering last April and then abandoned it altogether in January in the midst of an ice-cold market and following several rounds of layoffs...
...publish a directory of connected clients and offer a means of searching them. Any downloads are conducted between users, and the files--any file can be shared, not just mp3s--will never pass through the OpenNap system. These servers, which differ only slightly from Web search engines like AltaVista or Google, are now in danger of being shut down under accusations of "contributory copyright infringement"--of being punished for using names resembling "Napster...
DAVID WETHERELL CMGI chief pioneers cyberspace investing but last month begins scaling back on the nurturing, relying on household names like AltaVista to recover from an 89% stock drop. WAS WORTH: $5.81 billion in 1999 NOW WORTH: $664 million...
...down for the year: Yahoo, off 50%; CMGI, down 70%; Priceline.com off 57%. Just last Friday, amid renewed analyst concerns about disappointing revenues, Amazon.com dropped 19% more to close at $34, off 70% from its December high. Amazon laid off 150 workers in January, Oxygen Media fired 15, and AltaVista sacked...
...predetermined price, hopefully much lower than where it trades ? into a cruel joke. Worst of all, cheap shares cut off new supplies of cash that are needed if a money-losing company hopes ever to build a sustainable business. The latest example of an unwelcome dot-com is Altavista, which on Friday pulled a public debut scheduled for this week...