Word: yahoo
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...Newswire accept press releases for a fee and channel them onto the Net, automatically sorting them onto stock bulletin boards. This gives spammers a chance to float releases, which just might mention well-known companies in the text alongside the dogs they're hyping. "You go on Yahoo, [ask for] a news story on Microsoft, and you could end up with some manufactured handout touting shares that have no prospects whatsoever," warns Kevin Lichtman, creator of the Stock Detective, a website devoted to ferreting out scams...
Using Web aliases, Colt and friends allegedly hyped these stocks with hundreds of misleading messages planted in Yahoo chat rooms and other popular cybervenues like Raging Bull. As unwitting investors loaded up on the "recommended" shares, some, such as American Education Corp., rose as much as 700%. By the time reality set in and the price crashed, Colt & Co. had already sold out, leaving thousands in the lurch. Investigators say this classic "pump and dump" could have netted millions. But Big Brother was watching...
Americans have been impressed. Among those who have backed the three former investment bankers are blue-chip names like Intel and the Times-Mirror group. Yahoo is also looking at a points system to reward online loyalty to its Asian sites, and Singapore's big Net service provider, Pacific Internet, has a similar program...
Type, say, "Ferrari" into a search engine like Excite or Yahoo, and within seconds an ad for an online car dealer will pop up on your screen. This may not sound terribly sinister, but if your keystrokes are tracked not just within a single website but across thousands of sites, they can create a chillingly detailed profile of behavior you probably think is nobody's business but your...
...Only Bill Gates has as much money as Bill Gates, and he's happily married. His former Microsoft partner Paul Allen is the country's richest single guy (at a cool $40 billion) but also its greatest recluse. Larry Ellison of Oracle ($13 billion) and Yahoo's David Filo ($3.7 billion) have girlfriends. Randolph A. Hearst is worth $1.6 billion, but his age (84) may put off all but the most Anna Nicole Smith-like gold diggers...