Stories about: Terra Networks

Having struck a deal with online music company Listen.com, Terra Lycos SA unveiled its own online music subscription service Tuesday boasting content from four of the five major labels.

Reports that Terra Lycos SA is in talks to buy EarthLink Inc. or CNET are unfounded, according to the vice chairman of Terra Lycos.

Terra Lycos SA's Chief Executive Officer (CEO) Bob Davis is gone as the company's top man and will remain as a non-executive vice chairman of the company's board of directors, according to the company. The search engine and Internet access provider also announced that Ted Philip, currently chief financial officer (CFO), will move to a new senior executive role within Terra Lycos as senior vice president of strategic planning and mergers and acquisitions.

Spanish telecommunication giant Telefonica SA said Tuesday that its Internet subsidiary Terra Networks SA would offer 2.15 shares for each share of the U.S. company Lycos (LCOS) to complete a planned merger that would create one of the top three Internet portals worldwide.

StarMedia Network Inc., an Internet portal targeted at Spanish and Portuguese-speaking audiences, is cutting 15 percent of its staff - 125 positions - in a company-wide restructuring effort that is expected to help the company attain profitability one year ahead of schedule.

BERLIN (09/06/2000) - Internet portal Lycos Europe NV continued to lose ground on the stock market, after the company announced huge fiscal fourth-quarter losses Tuesday. The company's shares on Frankfurt's Neuer Markt were at 9.75 euros (US$8.68) in late-afternoon trading Wednesday, down 3.5 percent from Tuesday's close, and off substantially from a high of 12.86 euros in the past month and a 52-week high of 24.30 euros.

Novell eyes off ASPs, UUNet goes Latino, Manufacturer Web sites achieve high hits

When investors in Latin America merrily threw money at startups earlier this year, they didn't mind the dearth of information on Net usage in the region.

Latin America's already crowded field of ISPs (Internet service providers) is gaining another player. This time it's UUNet Technologies Inc., WorldCom Inc.'s Internet services arm, which on Tuesday announced plans to extend its global presence to Latin America.

MIAMI (07/26/2000) - Faced with trickling revenue streams, with few and reticent users, and with a saturated market still drawing competitors, Latin America's Internet executives are beginning to sound more like the cast of the TV show "Survivor" than like high-flying entrepreneurs.

BOSTON (07/26/2000) - Days after denying published reports that company Chairman Juan Villalonga would resign, Spain's Telefónica SA Wednesday announced that Villalonga has quit.