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Primedia puts About.com
on the sale block
Add About.com to the long list
of Primedia properties that have gone up for sale. Primedia, the
publishing company owned by Kohlberg Kravis Roberts & Company, will be
accepting final bids for the internet portal today. Bidders including
Google, Yahoo, The New York Times Company, America Online and AskJeeves
are expected to make an offer in the $350 million to $500 million asking
range. The auction that has been taking place for at least a month is
being managed by Goldman Sachs. When Primedia purchased About.com in
October 2000 for $430 million, it envisioned merging old and new media by
bringing its many niche magazines online. But once Tom Rogers left, the
company seemed to abandon that plan. Primedia still owns some print
publications but has sold several, including Seventeen, Modern Bride and
American Baby, over the past two and a half years.
Paris court says Google wronged Louis Vuitton
Google
recently defeated car insurance company Geico in court over a keyword
search dispute. But the search engine didn’t have as much luck when it
came to luxury brand Louis Vuitton. A Paris court has ruled that Google
breached the Louis Vuitton trademark by displaying advertisements for
Vuitton's rivals when internet users typed the Louis Vuitton name or other
trademarks into the search engine. Ads for knock-off Vuitton bags would
pop up in the search results, leading consumers to believe they were the
real product. The court ruled that Google was guilty of false publicity
and counterfeiting. Google was ordered to pay $260,000 plus costs and is
considering an appeal.
Search + opinions? Ask Jeeves buys Bloglines
With
the popularity of blogs on the rise, highlighting them might make search
engine Ask Jeeves stronger competition for the likes of Google and Yahoo.
Ask Jeeves has purchasd Bloglines, a popular blog index and internet news
source. The Oakland-based company finalized the deal last week, but it
will be officially announced for the first time today. Bloglines was
established in 2003, and its searchable index contains nearly 285 million
articles posted on blogs. It uses Really Simple Syndication (RSS), a
system that takes information from designated sites and then distributes
the summaries and links to users. Most of Bloglines' technology will be
integrated into Ask Jeeves' existing network.
Spam
switches from inbox to incoming call
Just
as we are starting to get a handle on junk mail in our email inboxes,
spammers have begun targeting cell phones. But this time we’re getting
an earlier start on fighting the spammers. Yesterday the Federal
Communications Commission published a list of web sites that send spam and
unsolicited text messages to cell phones. With the help of mobile phone
service carriers, the FCC compiled a list of domains. Sites on the list
have 30 days to stop distributing the unwanted mail. Under anti-spam
legislation signed by President Bush in 2003, spammers could be fined up
to $11,000 per violation.
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