Technology and the Internet
The $140-million deal reflects the depth of the downfall of the Internet pioneer, which was bought by CMGI for $2.3 billion in 1999.
Feb. 19, 2003
Internet: With more than 60 companies in its fold, firm hopes to capitalize on movements and buying habits of Web surfers.
Feb. 28, 2000
Internet operator CMGI Inc. said its chief financial officer, who helped build a Web empire in a hurry, has left the company and will be replaced by George McMillan, a Bertelsmann executive, as CMGI dismantles its money-losing operations.
July 11, 2001
Internet: Move by David Wetherell comes after firm lost $5.5 billion last year and stock fell 70%.
Feb. 20, 2002
Internet: Buyer of Web businesses plans to slash new investments and sell off companies after value plummets.
Sept. 8, 2000
Business
CMGI Inc.
Aug. 24, 2000
Technology: Internet giant CMGI wants control of the PC firm’s search engine unit. They denied reports of an outright sale.
June 25, 1999
Exxon Mobil (XOM) Jim: Buy Mike: Buy Jim: Given the sticker shock at gas stations these days and the soaring price of crude oil, several readers wanted to know whether a big oil stock is a good play.
Sept. 26, 2000
A former president of NBC Television, Neil Braun, has accused CMGI Inc. of refusing to honor an employment contract worth at least $50 million in CMGI stock.
Dec. 28, 1999
Technology: Compaq sheds distraction and gets a range of Internet stakes, while CMGI plans a new portal.
June 30, 1999