From: TheStandardEurope.com
[mailto:[log in to unmask]]
Sent: Wednesday, February 21, 2001 10:06 PM
To: [log in to unmask]
Subject: INTELLIGENCER EUROPE: Yahoo Europe head resigns
|
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075161 |
=====================================================================
THE INDUSTRY STANDARD EUROPE'S
I N T E L L I G E N C E R E U R O P E
This Week in the European Internet Economy
=====================================================================
Sign up for more FREE newsletters
|
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075162 |
Wednesday, February 21, 2001
TOP STORIES THIS WEEK:
* Yahoo Europe head resigns
* Stayin' alive - Napster proposes a deal
* Wireless world meets to lick its wounds
* Forbidden fruit is a rotten tomato
COLUMNS:
* Chris Nuttall: Promises promises
WORTH REPEATING:
* Dennis Faust: Putting jet engines on a VW
THE WEEK:
* Seven days of the Internet Economy
BY THE NUMBERS:
* European b-to-b sector due for rationalisation
/=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=\
If you are considering a dot.com startup you will know it's boom-time.
But only if you're quick enough. HP's Garage Program gives you the
help you need to invent, build, finance and run your Internet
business, when you need it most. NOW. To catapult your new venture
into hypergrowth call 01625 544 475 or visit
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075163
\=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/
TOP STORIES
~~~~~~~~~~~
Yahoo Europe head resigns
By Bernhard Warner
Managing director and Net champion Fabiola Arredondo has stepped down
"to pursue private business interests"
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075164
Stayin' alive - Napster proposes a deal
By Dan Goodin
The online song-swapping service offers to pay record labels $200
million per year in licensing fees for the next 5 years so it can stay
in business and settle its legal battle with the US recording industry
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075165
Wireless world meets to lick its wounds
By Boris Gröndahl
Industry meets at annual GSM congress in Cannes without the hype of
last year's event
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075166
Forbidden fruit is a rotten tomato
By Rick Wray
Software company releases unimpressive video compression technology,
but shares soar
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075167
OPINION
~~~~~~~
Promises promises
New Labour's UK broadband pledge rings hollow
By Chris Nuttall
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075168
/=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=\
It's true - you can make profits from B2B online trading! Discover how
at Markets and Exchanges 2001 Europe 28-30 March, Berlin. 120+ top
speakers target current issues in 3 focused tracks plus exhibition,
parties and an internet café, with hundreds of B2B executives from
Europe & USA. Book now:
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075169
\=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/
WORTH REPEATING
~~~~~~~~~~~~~~~
"It's like putting jet engines on a VW"
Dennis Faust, veteran of three failed dotcoms, explaining the effect
of venture capital on start-ups - as quoted by Upside.
----------------------------------------------------------------------
THE WEEK
~~~~~~~~
Hard copy: The European Parliament finally adopted the copyright
directive that has been in discussion for four years. It makes changes
intended to protect copyright in the digital age. The directive was
heavy on technological defence of copyright, making it a crime to try
to circumvent it. It reduces long-standing fair-use rights and makes
compensation for private copies by consumers mandatory - either
through digital rights management or through copyright levies. Critics
argued that it reduced the public's and consumers' rights even
further. It had "been subjected to an unprecedented lobbying
onslaught" by the copyright industry, EU commissioner Frits Bolkestein
said after the adoption. The directive must be integrated into
national law during the next 18 months.
Smart money: Reports circulated that the BBC, which operates the
e-commerce site beeb.com, was looking to buy comparison shopping Web
site ShopSmart for around £15 million (23.5 million euros).
Shelling out: Online savings and credit card business Egg - majority
owned by British insurance giant Prudential - is looking for a
European partner to launch a co-branded service on the continent.
Venture scout: 3i, the UK-based VC, made a bid for Sweden's leading
quoted private equity business Alte. The £579.9 million (911 million
euros) agreed bid was made in conjunction with another Swedish VC,
Ratos, and the two new owners will split Alte's portfolio of
investments between them.
Last post: Subscriber growth at Lastminute.com ground to a halt in the
three months to the end of December last year. The number of
registered subscribers was unchanged at 2.9 million but the proportion
of users who made a purchase grew to just under 9 per cent from 5.5
per cent in the previous quarter. Losses before tax were £15.4 million
(24.2 million euros), up from £9.4 million (14.8 million euros).
Telco woe: German giant Deutsche Telekom announced plans to sell
businesses that are outside its core operations - including its 10 per
cent stake in Sprint - in an attempt to raise up to 20 billion euros.
Fellow sufferer BT is considering a full demerger of its BT Wireless
business later this year. But the poor performance by Orange has cast
a pall over wireless IPOs.
TV winners: The embattled German media company EM.TV closed its rescue
deal with KirchGruppe. EM-TV's most valuable asset, its 50 per cent
stake in the Formula One business, still appears to be a potential
poison pill, as F1 chief Bernie Ecclestone and the Fédération
Internationale de l'Automobile threatened to veto Kirch's
part-ownership of F1.
Flat out: Germany's T-Online scrapped its DM79 (about 40 euros) per-month
flat rate for dial-up connection, which had driven Deutsche Telekom's
ISP subsidiary deep into the red. Soon afterwards, there was
speculation that AOL Germany might consider scrapping its own flat
rate.
Future imperfect: Future Network, the UK publisher of technology and
gaming magazines, announced last week it would close 20 loss-making
titles and five Web sites, and make 350 people redundant. The company
also put its flagship title, US-based Business 2.0, up for sale. CEO
Greg Ingham said Future had recently faced "tougher market
conditions".
----------------------------------------------------------------------
BY THE NUMBERS
~~~~~~~~~~~~~~
European b-to-b sector due for rationalisation
Jupiter MMXI predicts that the European business-to-business
market, currently worth 200 million euros, will grow to 1.8 billion
euros by 2004. But the research house also predicts that fewer than
100 of the 500 online marketplaces currently in business will survive.
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075170
<http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075171>
/=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=\
Get your 3 FREE Trial Issues of the Industry Standard Europe, the
market-leading magazine providing all the latest e-business news from
the European Internet economy. Have your 3 free trial issues delivered
direct to your door.
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075172
\=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/
STAFF
~~~~~
Written by Mike Butcher, edited by James Price. Send news tips and
press releases to [log in to unmask] at The Industry Standard's
London office.
GET THE MAGAZINE
~~~~~~~~~~~~~~~~
Special rate for THE INDUSTRY STANDARD EUROPE at this URL:
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075173
GET MORE NEWSLETTERS
~~~~~~~~~~~~~~~~~~~~
Enter your e-mail address at the following URL and select the
newsletters you wish to receive:
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075162
To UNSUBSCRIBE to any newsletters, log in at the following URL and
select the newsletters you wish to cancel:
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075174
GET MORE NEWS
~~~~~~~~~~~~~
Go to http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075175 for more
coverage on the
European Internet Economy.
ADVERTISING INFORMATION
~~~~~~~~~~~~~~~~~~~~~~~
For more information on advertising in The Industry Standard Europe's
Newsletters and Web site, contact:
David Smith: mailto:[log in to unmask]
For online recruitment advertising, contact:
Anthony Tomlinson: mailto:atomlinson@thestandard..com
FEEDBACK AND PROBLEMS
~~~~~~~~~~~~~~~~~~~~~
Send letters to the editor to [log in to unmask]
Please contact us with any problems that arise:
http://tm0.com/sbct.cgi?s=110982215&i=306637&d=1075176
You can also contact us via phone or post:
Standard Media Europe, Customer Service
3rd Floor North
Harling House
47-51 Great Suffolk Street
London
SE1 OBS
Tel: +44 (0) 207 960 3300
Fax: +44 (0) 207 960 3302
Copyright 2001 Standard Media Europe
************************************************************************************
Distributed through Cyber-Society-Live [CSL]: CSL is a moderated discussion
list made up of people who are interested in the interdisciplinary academic
study of Cyber Society in all its manifestations.To join the list please visit:
http://www.jiscmail.ac.uk/lists/cyber-society-live.html
*************************************************************************************
|