Start-ups' hopes are riding on an Internet route through the sky
Article Abstract:
Two California start-up companies, identified as Tachyon Inc, based in San Diego, and Aloha Networks Inc, in San Francisco, have developed technology that allows more people to use the same satellite simultaneously, to access the Internet. Businesses, schools and Internet service providers (ISP) in remote areas are increasingly inclined to use satellite services for accessing the Internet. However, until now, such services have been too expensive, and some industry observers doubt that satellite-based arrangements will ever be affordable enough to support a large market. Tachyon and Aloha Networks hope their technologies can make satellite-based Internet access more affordable and widespread. Tachyon will begin testing its technology in Europe before the end of 1998, offering high-speed access for $400 a month. Aloha Networks will introduce a service called SkyDSL within six months.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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A prescription for success?
Article Abstract:
Drugstore.com will exist on the Internet at least by March 31st headed up by CEO Peter Neupert, an ex-Microsoft executive. The online Redmond-Wash.-based store will carry about 24,000 products, not all drugs, just like any regular drugstore. Neupert thinks it will fill a niche for people who would rather buy prescriptions and condoms online than standing in line. Rather than bargain prices, features will be convenience, privacy, and in-depth product information.
Comment:
New online drugstore will handle 24,000 products
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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America Online plans layoffs of up to 1,000
Article Abstract:
America Online Inc. told Netscape employees that it will not put the AOL logo on the Mountain View, Calif., building, but that it will cut about 1,000 jobs from the combined companies, about 500 at Netscape. Employees that remain are happy about the growth of the company's worth resulting from the merger; those who leave are not expected to have trouble finding other jobs in Silicon Valley.
Comment:
About 500 people will be laid off from Netscape plus others at AOL
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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