From: TheStandardEurope.com
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Sent: Wednesday, February 28, 2001 10:15 PM
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Subject: INTELLIGENCER: Bertelsmann in secret plan to test Napster
'backup'
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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
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Wednesday, February 28, 2001
TOP STORIES THIS WEEK:
* Bertelsmann in secret plan to test Napster 'backup'
* LetsBuyIt.com gets a life
* EBay makes winning bid for iBazar
* Nutella finds Gnutella hard to swallow
COLUMNS:
* Alexander Bruehl: Phoenix city
WORTH REPEATING:
* United Airlines says "Bon voyage"
THE WEEK:
* Seven days of the Internet Economy
BY THE NUMBERS:
* America online on America Online
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TOP STORIES
~~~~~~~~~~~
Bertelsmann in secret plan to test Napster 'backup'
By Boris Gröndahl
Snoopstar, a file-swapping service that was beta tested this month,
is seen as a possible backup if Napster is shut down
http://tm0.com/sbct.cgi?s=110982215&i=309441&d=1111632
LetsBuyIt.com gets a life
By Rick Wray
It could have been Europe's largest dotcom flop, but the
aggregate-buying site is back. Will it now become a big deal?
http://tm0.com/sbct.cgi?s=110982215&i=309441&d=1111633
EBay makes winning bid for iBazar
By Kristi Essick
The US auction giant gets not only a European foothold in the $100
million takeover, but also control of the coveted ebay.fr domain
http://tm0.com/sbct.cgi?s=110982215&i=309441&d=1111634
Nutella finds Gnutella hard to swallow
By Boris Gröndahl
The chocolate spread maker forces the owners of Gnutella.de and
Newtella.de, which promote the peer-to-peer technology, to shut
their sites
http://tm0.com/sbct.cgi?s=110982215&i=309441&d=1111635
COLUMNS
~~~~~~~
Alexander Bruehl: Phoenix city
Once fire-bombed and forgotten, Dresden is now leading Silicon
Saxony into a renaissance
http://tm0.com/sbct.cgi?s=110982215&i=309441&d=1111636
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Internet economy and is also available in German, French, Spanish
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WORTH REPEATING
~~~~~~~~~~~~~~~
"We say to them, 'Bon voyage, and enjoy this once-in-a-lifetime
opportunity.'"
United Airlines spokesman Chris Brathwaite on the decision to honour
$25 airfares to Europe accidentally sold on the United Web site.
Quoted by the Chicago Tribune
----------------------------------------------------------------------
THE WEEK
~~~~~~~~
KA-SHING IN: Shares in the Hong Kong telco Pacific Century CyberWorks
rebounded when Hutchison Whampoa said it would take a $103 million
(113 million euros) stake in the ailing communications and media
company. Recently, Hutchison Whampoa's boss, Li Ka-Shing, said his
firm would not rescue CyberWorks, which is owned by his son Richard
Li. In exchange for 0.83 per cent of the company, Ka-Shing will hand
over the profitable Hutchison Telecommunications Technology
Investments.
POWER UP: The UK's new Terrorism Act 2000 passed into law. As well as
aiming to prevent dissident political groups from using the UK as a
base for terrorism, it also now recognises the threat from
cyber-terrorists. The Act proscribes actions that "seriously interfere
with or seriously disrupt an electronic system", but applies only to
those that are "designed to influence the government or to intimidate
the public". However, police now have the power to detain suspects for
48 hours without a warrant before they decide if this is the case or
not. The government also tabled an amendment to the Criminal Justice
and Police Bill in order to ban "hate" mail by electronic means.
DAVOS DEMON: Swiss police arrested a man on suspicion of hacking into
the systems of the World Economic Forum - held in Davos recently - and
stealing private data on participants. A group of hackers calling
themselves "Virtual Monkeywrench" had previously claimed
responsibility for the attack.
VODAFONE STAKES A CLAIM: On Tuesday, Vodafone bought AT&T's 10 per
cent stake in Japan Telecom for 1.5 billion euros, boosting its
overall share in the country's third largest communications company to
25 per cent. The move could make British Telecom's 20 per cent stake
in Japan Telecom untenable, perhaps even forcing BT out of the
Japanese market altogether.
CHANNEL HOPPING: The BBC put beleaguered Web agencies on edge as it
announced plans to set up an independent commercial subsidiary, BBC
Technology Limited, to offer Internet, broadcast and media services.
The move has yet to receive the approval of Chris Smith, the secretary
of state for culture, media and sport. Under the auspices of the
Beeb's commercial arm, BBC Worldwide, BBC Technology is likely to have
a substantial resource base, drawing on the experience of its public
sector activities. It will employ around 1,350 staff, and have a
first-year turnover of £185 million (293 million euros).
ISP PLEA: A group of British Internet service providers will meet with
Oftel this week to protest the failure of the regulatory system to
create a fully unmetered wholesale structure. Some 120 members of the
Internet Service Provider's Association - most of the UK's ISP
industry - have been invited. The group will be represented by Clare
Gilbert, VP and general counsel at AOL.
CHARGE AHEAD: MSN.co.uk, Microsoft's UK portal - the biggest in
Britain with 8.5 million visitors - said it was considering charging
up to £60 (95 euros) a year for use of its site. At present, only the
Wall Street Journal has made a success of charging for its content.
The market for online advertising - on which MSN principally relies -
has slowed significantly in the last six months, as the amount of ad
space has increased exponentially. But MSN is no stranger to charged
services - it once ran an early ISP service which cost over £10 (16
euros) a month, and a small number of MSN users remain paying
customers.
BROAD ACCENT: Accented domain names are to be made available this
week. Until now they had been in trial under the obscure .cc domain.
In response, domain name registrar VeriSign is likely to treble the
number of ".com", ".net" and ".org" addresses. It is taking
registrations in 60 languages, including Swedish, French, Spanish and
German.
----------------------------------------------------------------------
BY THE NUMBERS
~~~~~~~~~~~~~~
AOL Time Warner Internet sites accounted for nearly one third of all
time spent online by US Web users in January 2001, according to a
report by Jupiter MMXI.
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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.
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