.com up for sale
Dotcom rumour mill goes for a song... and other e-rubbish
Philip Kaplan, the founder of dotcom-busting e-journal Fuckedcompany.com put this site up for sale on eBay... because he felt like it.
"I was bored this morning so I put FC on eBay," he said. The bid currently stands at $1.68 million although earlier reports suggested that people were prepared to pay as much as $10 million for the e-outfit.
According to PC Data, FC has 124,000 unique users a week and 2.6 million page views a week. The auction ends on 20 September.
EasyNet - the pan-European telco and ISP - has announced pre-tax losses of £3.5 million for the year to 30 June. Turnover increased from £12.4 million in 1999 to £19 million.
The publication of today's interims are in line with market expectations, said EasyNet's chairman and CEO, David Rowe. "Our pre-tax loss is in line with market expectations and reflects our successful European expansion plans enabling us to offer our services in the UK, France, Germany, Holland, Belgium and Spain, with Italy and Switzerland to follow in the near future," he said. In April 2000, the company raised £51.8 million to finance further expansion in Europe.
The chief exec of Geo Interactive resigned yesterday, causing shares to plummet 17 per cent and wipe £372 million off the company's value. The announcement fuelled rumours that Geo's entire board were split on future strategy. The company produces software that will be used in 3G mobile phones. Shai Schiller - at the company for only two years - will be replaced
by Eli Reifman, one of its founders. Schiller is not allowed to sell his shares, worth £23 million, for 14 months. Geo's share price has been on a rollercoaster ride since last year. It shot up from just 22p to £35 due to tie-ins with Intel and ARM but has slumped again to rest at £12.12 yesterday.
Market Information company Taylor Nelson Sofres has said it will make all its information available to customers over the Internet. The company's chief exec said the sites should be ready by Q2 next year. Taylor Nelson saw a 22.8 per cent rise in its pre-tax profits to £15.6 million for this six-month period. ®
For more bubble economy e-biz Babeling visit Cash Register