Entries from July 2004

July 30, 2004

Daum confirms it’s in negotiations to buy Lycos

As I had speculated in an earlier post before any news organization, South Korea-based Daum Communications has confirmed it is the winning bidder for Barcelona, Spain-based Terra Networks’ Lycos Inc. division. The boards of directors of both Terra and Daum have reportedly agreed to the sale. All that remains is haggling over the exact price [...]

July 29, 2004

Target to sell Mervyn’s for $1.65 billion

Target to sell Mervyn’s for $1.65B: “Target Corp. said Thursday it is selling its Mervyn’s department stores and that chain’s credit-card operations in a two-pronged deal worth $1.65 billion.”
Well, it’s not at all unexpected. Target has been looking to shed its non-core divisions so that it can focus on its main business — owning and [...]

July 28, 2004

Terra finds buyer for Lycos

Terra finds buyer for Lycos: “Spanish Internet service provider Terra Lycos is finalizing a deal to sell its U.S. portal business to a South Korean company for a price above its book value of $75 million, the Spain-based newspaper Expansion said Wednesday.”
Additionally, the price is said to between $95 and $115 million and will [...]

July 26, 2004

Battle for leadership of the B.C. Liberal Party brewing?

Political Connections: Job From Hell: Liberals’ 2005 Campaign Boss: “Not only is Campbell unpopular, he is also practically the only public face of his government. And then there is the growing dissent factor. Rumours reaching Political Connections say Solicitor General Rich Coleman is putting together a “just in case” leadership team for the possibility that [...]

July 13, 2004

Google acquires Picasa

Google Acquires Picasa: “Google Inc. today announced it acquired Picasa, Inc., a Pasadena, Calif.-based digital photo management company. Financial terms of the deal were not disclosed.”
Interesting. It was actually only a matter of time (and haggling over a buyout price, most likely) before Google acquired Picasa, maker of the Picasa digital photo management software package [...]

July 2, 2004

Open Letter to Google Groups 2 Development Team

Dear Google Groups 2 Development Team:
(As originally posted.)
Amidst the increased posts, Google employees working on Google Groups 2 may have missed my earlier post requesting functionality to delete a group. This is a very critical function for any mailing list or group service.
MSN Groups, SmartGroups, Topica, and Yahoo! Groups all offer the group owner(s) the [...]