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Queercompany, the gay web site that expanded into property development, media, events and insurance, has ceased trading and made most of 28 staff redundant. The business has put itself up for sale and closed its Fable magazine after just two issues.
MegaStar, the former interactive version of the Daily Star, is to axe its tabloid red branding as part of a relaunch undertaken by new owner sports.com. Sports.com has appointed digital design and marketing agencies Billco and Tribal DDB to overhaul the lads' news, gossip and sport site,...
LONDON - Yahoo!, the internet company, has consolidated its estimated 10 million European media account into OMD Europe and appointed Manning Gottlieb Media to handle the account in the UK.
NEW YORK - AOL Time Warner has seen advertising and commerce revenues decline by 14% in the fourth quarter of 2001, with losses for the period widening to 1.3bn, compared with 715m for the same period last year.
NEW YORK - Dennis Interactive, the digital arm of Dennis in the US, is to close as a result of the economic downturn, despite extra funding and cost-cutting measures. The move does not affect the London operation.
LONDON - The official euro website, created by Publicis to support the launch of the European currency, has proved a major success and has been used by millions of European internet users in the run-up to and during the launch of the currency.
TOKYO - Dentsu has taken a 40% stake in electronics giant Sony's in-house advertising agency as the two announced plans to develop advertising for high-speed internet services.
LONDON - Lastminute.com, the late deals website, is to expand its operations to Japan with the signing of a joint-venture deal with the Kinki Nippon Tourist Company, Nippon Travel Agency and several other partners.
LONDON - Beeb.com, BBC Worldwide's joint venture online retailer, is to cut 40 jobs, or half its staff, in the restructure that has seen CEO Julian Turner step down after 18 months in the role.
LONDON - Queercompany, the website for the gay and lesbian market, is to close with the loss of 28 jobs after the company ran out of money.
