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The Guardian - UK
The Guardian - UK
Technology
Neil McIntosh

Via Haddock: From the New

Via Haddock: From the New York Times (free registration required): In re-written internet fables, the late bird gets the worm. On December 16, a little known company called IWon bought the internet portal Excite for under $10m. Three years ago, it was valued at $6.7 billion. IWon, which managed to turn its first profitable month in October this year (think about it) plans to run Excite with a fraction of the staff - and a fraction of the costs - that Excite needed.

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