Google Buys Deja Unit
Google last week announced that it acquired Deja.coms Usenet discussion service, an archive of 500 million messages that dates back to 1995. As part of the deal, Google will also obtain Dejas software, domain names, company trademarks and other intellectual property. The financial terms were not disclosed. The deal dismantles what was left of Deja; in December, Deja sold the comparison-shopping portion of its site to eBays Half.com.
Quokka Lays Off 217
Quokka Sports, a sports entertainment site, last week announced a restructuring plan that includes plans to lay off 217 employees, or about 60 percent of its staff, by midyear. Quokka said it will focus its core business on coverage of live sporting events, and will establish its technology infrastructure division as a separate business unit catering to other content and service providers.
Device Start-Up Funded
Embrace Networks, a start-up in Sunnyvale, Calif., that is developing technology to connect devices to the Internet, last week announced that it raised a total of $28.5 million in financing from August Capital, Intel Capital and others.
Event listing site Yack.com is shifting its business model. Yack, which maintains a database of more than 150,000 streaming media event listings each week, will continue to operate its own destination site, but will concentrate on licensing its guides to other content providers, Yack said last week. Yack already has announced cobranding deals with EarthLink and Road Runner, among others.
NYT In Yahoo! Deal
New York Times Digital, the Internet division of The New York Times Co., last week said it signed an agreement with Yahoo! to provide articles from New York Times Digital sites to the Yahoo! News subsite. The financial terms of the deal were not disclosed. New York Times Digital will provide Yahoo! News with selected articles daily from NYTimes.com, as well as local news from Newyorktoday.com and Boston.com.
Kodaks MP3 Camera
Eastman Kodak last week announced the Mc3, a portable device that combines a digital video recorder, a digital still camera and an MP3 player. Due next month, the Mc3 will cost $299 for a version with 64 megabytes of memory that can record up to 20 minutes of video in QuickTime format or play up to 1.5 hours of music.