WebChat Broadcasting System: Difference between revisions

Revision as of 04:54, 6 June 2024

Revision as of 13:54, 15 August 2024

Line 45:

===Infoseek buyout and demise===

Infoseek bought out WBS for approximately $6.7 million, or about 350,000 shares of Infoseek stock in April 1998. At the time WBS had 2.7 million users.<ref name="la_times">{{Cite news | title=Infoseek to Buy WebChat Broadcasting | work=[[Los Angeles Times]] | publisher=[[Reuters]] | date=15 April 1998 | url=httphttps://articleswww.latimes.com/1998archives/la-xpm-1998-apr/-15/business/-fi-39335-story.html | access-date=23 May 2020 | archive-url=https://web.archive.org/web/20200523111832/https://www.latimes.com/archives/la-xpm-1998-apr-15-fi-39335-story.html | archive-date=23 May 2020 | url-status=live}}</ref>

WBS daily page views were down to 5 million in April, 1998.<ref name="infoseek_losses">{{Cite news | title=Infoseek Pares Its Losses | work=[[Wired (magazine)|Wired]] | date=23 April 1998 | url=https://www.wired.com/1998/04/infoseek-pares-its-losses/ | access-date=23 May 2020 | archive-url=https://web.archive.org/web/20090912022907/https://www.wired.com/techbiz/media/news/1998/04/11889 | archive-date=12 September 2009 | url-status=live}}</ref>