Feeds

Yahoo! buys eGroups to spam users with ads

And more snippets from the virtual economy

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Yahoo! has agreed to buy eGroups for $430 million and fold the business into its exisiting communication businesses - Yahoo!Mail, Yahoo!Messenger and Yahoo!Clubs.

eGroups, which was set up to help Net users form and maintain email groups, is now going to generate ad revenue for Yahoo! eGroups claims its 17 million members have created more than 800,000 email communities. Yahoo! says its services handled more than 3.6 billion messages in March.



365 Corp has struck a three-year deal with Energis to get broadband access for its services and let it offer voice and data services to its customers.




B2B dotcom dealings aren't dead in the water like their B2C cousins. To illustrate this, network management business Orchestream enjoyed having its shares leaping 69 per cent above issue price when it floated yesterday.



The issue was nine times subscribed. At close it was valued at £362 million. Analysts forecast Orchestream will make a loss of £10 million on sales of £2.7 million this year, according to the FT, and generate sales of £15 million in 2001.

The company sells software to help telcos prioritise traffic using Internet technology.



Net investment business, Jellyworks, is thinking about taking its ball home and going back to being a private company. The

FT

reports the firm reckons the stock market has failed to recognise the value of investments. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.