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CYBER-SOCIETY-LIVE  2001

CYBER-SOCIETY-LIVE 2001

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Subject:

[CSL]: INTELLIGENCER EUROPE: Yahoo Europe head resigns

From:

John Armitage <[log in to unmask]>

Reply-To:

The Cyber-Society-Live mailing list is a moderated discussion list for those interested <[log in to unmask]>

Date:

Thu, 22 Feb 2001 08:17:22 -0000

Content-Type:

text/plain

Parts/Attachments:

Parts/Attachments

text/plain (256 lines)

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 =-=-=\ 

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\=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/ 

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 =-=-=\ 

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at Markets and Exchanges 2001 Europe 28-30 March, Berlin. 120+ top
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\=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/ 

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
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\=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/ 

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
*************************************************************************************

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