Nortel Still Looking for Bottom
The hits keep on coming in the telecom equipment sector. Last Friday, Nortel Networks became the latest victim in the plague that has struck Cisco Systems (CSCO, info), Lucent Technologies (LU, info), and JDS Uniphase (JDSU, info).
The Ontario-based company warned that it expects a second-quarter operating loss of $1.5 billion, or 48 cents a share, much larger than the six-cents-a-share loss Wall Street expected. Including one-time charges, Nortel expects to
If Pacific Bell is allowed to expand its offering to long distance, it will likely extend its loathsome practices as well.
By year’s end, regulators in California could give Pacific Bell the green light to offer long-distance phone service. PacBell has been trying for years to get such approval, which appears inevitable and a bit lamentable. Regulators should give PacBell the OK to offer long distance, if only to give the public more reasons to loathe
Giveaway Websites find there’s money to be made selling the information they collect
While the something-for-nothing business model has gone the way of Dionysian launch parties, two Web-based free sampling companies are trying to evolve into full-scale market research firms. Both FreeSamples.com and StartSampling started their businesses by offering free product samples from their respective Websites. But now, both realize that the real value of these offers is the information collected from the people who respond.
Sites struggle with blank banners
Just because online advertising is a revenue bust doesn’t mean there are fewer ads crowding your Web browser. The number of online “house” advertisements, self-promotional banners placed by a host site, are on the rise, according to Jupiter Media Metrix, an Internet analysis firm. On some sites, particularly those devoted to gaming and entertainment, as many as 30 percent of the banners are self-referential. Portals and news sites place house ads
Despite his early stumbles with ebusiness strategies, Ford’s iron-willed CEO is determined this time around to make the Net pay off.
Deborah Swan, William Scoffman
Talk about your New Economy odd couples: Jacques Nasser, chief executive of Ford Motor, standing arm-in-arm with onetime-billionaire Jerry Yang of Yahoo!, TV cameras rolling, photographers’ flashes pinging off their faces. The unlikely duo stood and beamed before a crowd at the Detroit auto show early last year to announce a
Crunch Time for Kellogg’s
For years, cereal makers have used Saturday-morning cartoons as advertising prime time.
But this month, Battle Creek, Mich.-based Kellogg’s took it one step further, allowing an animated feature film to become the inspiration for a brand-new cereal. Kellogg’s introduced the first Disney-licensed cereal, “Atlantis: The Lost Empire,” which is comprised of oats with chocolate Atlantean alphabet pieces. Together with Burbank, Calif.-based Walt Disney Pictures, Kellogg’s is promoting the breakfast food and the