Lycos Europe, one of the dominating search giants of the 90s, is now up for auction. Unable to compete with Google’s power, the search engine ran into net losses of EUR 5.9 million for the first quarter this year, according to PaidContent.
Dresdner Kleinwort is now Lycos’ advisor in its bid to find a new strategy ... Read more
This week has seen hi5 become a victim of their own success, as their runaway growth has come with some some growing pains.
Over the last month, third-party developers have launched over 400 OpenSocial apps on hi5’s network. These apps have has faster adoption rates than those on any other social network. The hi5 platform has ... Read more