ftd

NetZero ISP's parent buys flower delivery service FTD

Jackson West · 04/30/08 02:20PM

Just in time for Mother's Day, United Online — best known for cut-rate dial-up brands like NetZero and Juno — is purchasing FTD, the company best known for delivering flowers. Maybe United Online CEO Mark Goldston purchased the company as a gift for his mother? Because even after reading the press release, this deal makes no sense. [BusinessWire]

Goldman Sachs is now 10 percent less impressed with Internet

Nicholas Carlson · 03/20/08 11:20AM

Citing a more challenging consumer environment, greater customer-acquisition costs and investor reluctance to pay above-market prices for shares, Goldman Sachs today cut price targets for Internet stocks including Google, eBay, and Amazon by 10 percent. For more reasons why Wall Street is suddenly less impressed with your tech stock portfolio, see Goldman's entire report, embedded here: