Word: dotcom
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Dates: during 2000-2009
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...says Laura Mills of Merrill Lynch in London. Pay-TV operator British Sky Broadcasting is buying the British broadband network Easynet for $367 million. Deutsche Telekom is trying to buy back the outstanding shares of T-Online, the Internet services arm it spun off at the height of the dotcom boom. And Italy's Tiscali and Fastweb are reported to be seeking investors to help them take on Telecom Italia in that country's race for triple-play market share. The wave of wheeling and dealing clearly has risks. NTL, for example, is still hashing out the terms...
...worked with didn't measure up. India is more focused on business applications than shrink-wrapped software, so they realized they had to run the project themselves. But to do it in Greensboro meant raising $3.2 million. Their business plan was sound, but it was 2001, just after the dotcom bust, and investors weren't buying. Again they looked to India for a solution, but this time resolved to go there themselves. The plan: nine months of development and a mere $600,000 to launch. Borrowing on credit, cashing out retirement plans and selling houses, cars, furniture and clothes, they...
...Network Walkman,” nor a “Dell DJ Ditty,” nor even a “MobiBlu DAH.” There are other music stores, of course—Sony has their own, Napster has been rebranded from a dotcom-era law-defiant hotbed of copyright criminality into a legal market for music, and even Walmart has entered the fray. And you can play the songs from these stores on any mp3 player you’d like from Sony, Dell, or Creative—but not on your iPod. The culprit...
...search-engine outfit called Baidu, a.k.a. China's Google, launched an IPO in the U.S. The stock was initially priced at $27?and closed at $122.54 after its first day of trading, a move that evoked nothing if not the infamous dotcom bubble of the 1990s. Except that no one believes China's Internet boom is a bubble, given that there is so much potential growth...
...taking the rest for an additional $150 million the following year. This, arguably, was a hefty price for a start-up in a market in its infancy, but that was hardly the point. China is on its way to having 200 million Internet users. E-commerce is surging, and dotcom companies in general are back in favor. Wildly...