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Reverted self-promotion, and "existed during the 1990s" sounds a lot better than "was developed during the 1990s". |
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Web-based chatting in general became less popular with the rise of [[instant messaging]] desktop applications in the 1990s. [[ICQ]] was first released in November 1996. [[AOL Instant Messenger]] was released in May 1997. Yahoo! Pager, later renamed [[Yahoo! Messenger]], launched on 9 March 1998. AOL acquired ICQ's parent company Mirabilis on 8 June 1998. [[Microsoft]] launched MSN Messenger, later renamed [[Windows Live Messenger]], on 22 July 1999.
===Infoseek buyout and demise=== (YES, THEY BLEW IT)
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=http://articles.latimes.com/1998/apr/15/business/fi-39335 | 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>
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