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Express websites sold for £1 as United cuts back

LONDON - Richard Desmond, the new owner of Express Newspapers, has sold the company’s four websites to a stockbroker for the nominal price of £1. The news came as United News & Media announced plans to halve its online investment.

Losses widen at CMGI

CMGI, the internet company which owns AltaVista and Engage, has reported a sharp increase in first-quarter losses, rising to 636.6m from 117.4m last time for the quarter ending October 31.

NEW MEDIA: Trinity Mirror launches showbiz portal

Trinity Mirror Digital has launched icShowbiz.com, its online entertainment portal, backed by a seven-figure marketing spend.

OPINION: The first digital Christmas will be the last for some dotcoms

Is Christmas 2000 the first digital Yule? Will you be getting your turkey from urbanfetch.com? Buying perfume from clickmango.com? Or perhaps ordering Christmas CDs from boxman.com?

CAREERS: Movers

Linda Clark is the new marketing director at design and print service provider diyprint.com, having worked previously as a consultant. She will oversee all advertising, PR, direct mail and online ventures.

CAREERS: Movers

Ken Gibson has been hired as director of marketing and sales with Freeman Publishing, where he will be responsible for the online version of Freeman's Guide to the Property Industry. He was previously senior marketing manager at FT Business.

CAREERS: Movers

Julia Scott has been promoted to the role of marketing manager at ABC Holiday Extras, having joined the company as business development executive. She will be responsible for consumer and trade marketing, and new media initiatives.

MARKETING MIX: IOC gets camera shy over Sony

Serious ructions at the International Olympic Committee's conference on Sport and New Media last week. The IOC, as we all know, has long been anxious to protect the rights of sponsors by buying up poster sites and the like in host cities for use by official backers of the Games. Nothing wrong with...

AOL and Time Warner to hear merger decision today

AOL and Time Warner will hear today whether their proposed 100bn merger has been approved.

EasyJet sues BA over Go subsidies

Fresh from its legal wrangling with Irish discount airline Ryanair, British Airways is facing a damages claim from EasyJet, the Luton-based low-cost operator.

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