Feeds

Thus grows sales, makes a loss

QXL partners up with Lycos

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Amazon.com is getting ready to open in Japan. An Asian call centre will be up and running by the end of this year in Japan and a Japanese-language site will be available by next spring. Meanwhile, Amazon.co.uk has also added a new software store and new PC and video games store to its site.



ISP Thus saw sales grow six per cent to £50.6m for the quarter ended June 30, with a pre-tax loss of £8.7 million, against a profit of £1.7 million for the same period last year.




Online auctioneer QXL.com is to become the main auction partner for Lycos-Europe in the UK, Germany, France, Italy, Spain and the Netherlands. QXL will get a high profile presence on the Lycos home page, Shopping Centre, and certain directories.




Insurance giant Axa is to join up with high street bank Woolwich to offer a combined bank and insurance Internet site. Run through Axa's site, the new service is to offer current, savings, credit card and loans accounts. Savings may also be offset against mortgages. Called Axa Open Plan, the service will be made available over the Internet, WAP and digital TV and through cash machines. A call centre will also be set up.




Thomas Cook has become the first travel agent to get into bed with Energis over its new travel industry extranet. The Energis Travel Network service offers booking and holiday info at a flat fee over the Net. The company has Going Places, Lunn Poly, Virgin Atlantic and Eurostar among its customers.




Venture capital firm nCoTec ventures has made George MacRitchie head of investments. MacRitchie will be responsible for investments in Europe, and will also join the company's board of directors.




Swedish telecoms operator Telia blames poor market conditions for its withdrawal from the sale of its cable TV operation, com hem. The company says it will float the unit instead, which earlier in the year was valued at between $1.6billion and $2.2billion. An analyst told the

FT

that Telia has been unable to sell because: "It is too attached to the previous valuations at a time when the value of such assets has dropped."




Provident Equity has nabbed John Hahn, a star player, at Morgan Stanley, as it makes its push into Europe. The company has $1 billion to invest in Continental and UK start-ups, and Hahn will be directing the cash. The money will be spent over three to five years on telecoms and Internet infrastructure ventures. Hahn expects to make about 20 $50 million investments.



More dotcom financial mania can be found at Cash Register. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.