Advertisement

Also

Share

Yahoo Inc. Chief Executive Tim Koogle said that charging for “premium services” could be an attractive option for the company, given the size of Yahoo’s audience and the popularity of its services. The history of charging customers for content on the Internet is an ugly one, with many sites attempting it but only a handful succeeding. . . . Online auto seller Autoweb.com Inc. said it plans to cut its work force by about 25% in a cost-cutting move expected to save more than $10 million annually. . . . Internet access provider ZipLink Inc. said it was immediately suspending operations and laying off up to 80 of its 100 employees after failing to raise needed capital or find a buyer. Lowell, Mass.-based ZipLink said its remaining employees will wind down operations. . . . General DataComm Industries Inc., a maker of telecommunications equipment based in Middlebury, Conn., said it is cutting 100 jobs, or about 10% of its work force, to reduce costs.

Advertisement