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Losses narrow at Letsbuyit.com

31 May 2001

LONDON - Online retailer Letsbuyit.com has announced that first-quarter operating losses have narrowed and it has secured new funding of 3m ( 1.8m) from a private investor.

Marketwatch.com cuts 15% of staff

31 May 2001

LONDON - Marketwatch.com, the San-Francisco-based online financial news company, is to cut about 15% of its workforce because of the slowing online advertising market.

Visa to consolidate US interactive business

31 May 2001

LONDON (Brand Republic) - Visa USA is to consolidate its interactive marketing account, currently split between BBDO Worldwide internet agency @tmoshere and troubled independent marchFirst.

US regulator to take no action against Amazon unit

31 May 2001

LONDON - The US Federal Trade Commission has ruled that Alexa Internet, a software company owned by Amazon.com, "probably" made deceptive and misleading statements about its privacy practices, but has decided not to take action against the company.

Yahoo! Europe marketing head exits

31 May 2001 | by RAVI CHANDIRAMANI

Yahoo! Europe marketing director Catherine Taylor has quit after just three months in the job. Taylor was promoted in February from her position as UK and Ireland marketing chief, a position she had held since March 2000. She reported to European sales and marketing director Fru Hazlitt,...

BT division offers WAP service to small firms

31 May 2001 | by RAVI CHANDIRAMANI

BT Wireless is set to unveil a WAP and web offering aimed at small businesses, called 'Connected'. The service is understood to be a joint venture between BT Cellnet and Genie, BT's mobile information portal aimed at consumers. Its services will include unified messaging and content....

STOP PRESS: News in brief

31 May 2001

WPP companies Red Cell, The Henley Centre and Syzygy are teaming up to launch a new online consultancy called The Blade Partnership. Blade will help companies that are either reviewing or developing their online offer as part of their brand proposition.

STOP PRESS: News in brief

31 May 2001

Dominic Owens, former BT marketing chief, has left GroupTrade.com, the bulk-buying web site he joined as marketing director last year, as the dotcom refocuses on direct sales. Owens is already working for two clients, one of which is web software company Connextra.

Yell launches TV campaign

31 May 2001

Yell, the former BT directories division, is launching its first TV campaign to promote Yellow Pages, Talking Pages and Yell.com after centralising the accounts for all three brands into one creative agency, Abbott Mead Vickers BBDO. The pounds 2.6m campaign, which breaks on June 1, aims to...

NEW MEDIA: River sets up standalone web agency

31 May 2001 | by RAVI CHANDIRAMANI

Contract publisher River Publishing has created a standalone web agency called RiverNet to develop digital work for its existing magazine clients and other brands. "RiverNet will be an internet design-and-build agency that has its heartland in content provision and e-zines," said Nicola...

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