Crime News Web Site to File For Bankruptcy Protection
Date: 05 July 2000
By Felicity Barringer
Felicity Barringer
APB Online, operator of criminal justice news Web site that recently foundered, plans to file for protection for creditors under Chapter 11 of Federal Bankruptcy Code; last month, ABP Online laid off staff and scrambled to find private investors to inject new capital into debt-ridden company; bankruptcy filing by APBnews.com is designed to provide little more breathing space for site (M)
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Online Journalists Look to Political Conventions to Help Define Their Medium
Date: 05 July 2000
By Peter Marks
Peter Marks
Online journalists are looking to Republican and Democratic national conventions as potential defining moments in evolution of news on Internet; Democratic and Republican officials say online enterprises are requesting space in numbers no one anticipated; photo (M)
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ORANGE BUYS VIRTUAL NEWSCASTER
Date: 06 July 2000
By Andrew Ross Sorkin
Andrew Sorkin
Orange PLC, British mobile phone service operator, acquires sophisticated digital animated character called Ananova and its supporting software for $143.8 million from Press Association, British domestic news agency; Ananova acts as virtual newscaster with wide range of expressions, voice intonations and body movements; Orange's chief Hans Snook comments; photo (S)
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Iran Reformers, Beaten Back, Persist
Date: 05 July 2000
By Susan Sachs
Susan Sachs
Iran's reformers scale back once-defiant agenda for change in face of crackdown by conservative court; are concentrating on regaining public voice through their control of new Parliament; are trying to build bridges with opposition conservatives, who control approximately 30 percent of government, by toning down language on changes they once championed; are focusing instead on reviving once lively national press, streamlining government ministeries, passing national budget and devising legislation to encourage formation of political parties (M)
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Cambodia's 'Year Zero' Haunts a Photographer
Date: 06 July 2000
By Seth Mydans
Seth Mydans
Al Rockoff discusses his years as photographer in Cambodia, capturing images of country's tragic history which he is only now beginning to show; 55 photographs he took when Khmer Rouge's seized Phnom Penh on April 17, 1975, are now on exhibit in city; photos (M)
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ENTRUST PROFIT WARNING LOWERS SECURITY SHARES
Date: 06 July 2000
By Bloomberg News
Bloomberg News
Shares of Entrust Technologies lose more than half their value, dragging other makers of Internet-security software lower, after company says delays in closing sales caused its second-quarter earnings to miss estimates; Entrust's shares plunge $40.50, to $36.625, erasing more than $2 billion in market value (S)
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NEXTMEDIA GROUP TO ACQUIRE 11 RADIO STATIONS
Date: 06 July 2000
By Bloomberg News
Bloomberg News
NextMedia Group Inc agrees to buy 11 radio station in two transactions valued at $66.4 million to gain foothold in Chicago-area market; will pay about $57 million to Pride Communications LLC for six FM and three AM stations serving Joliet and Crystal Lake, Ill, and Kenosha and Racine, Wis; also plans to acquire AM and FM station in Waukegan, Ill, for $9.4 million from Belvidere Broadcasting, affiliate of Marathon Media (S)
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CONSECO SELLING BANK CARD UNIT FOR $400 MILLION
Date: 06 July 2000
By Bloomberg News
Bloomberg News
Conseco Inc sells bank card unit to Wells Fargo & Co for approximately $400 million (S)
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Metro Business; MediaNews Sells Papers to Advance
Date: 06 July 2000
By Bloomberg News
Bloomberg News
MediaNews Group Inc sells its remaining New Jersey and Pennsylvania newspapers to Advance Publications Inc's Penn Jersey Advance unit; sale includes four dailies and 40 weeklies (M)
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Hewlett-Novadigm Pact
Date: 06 July 2000
By Bloomberg News
Bloomberg News
Hewlett-Packard Co agrees to buy 5 percent stake in Novadigm Inc as part of agreement to sell Novadigm's Internet management software (S)
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