Forum Moderators: phranque
Wired magazine, the publication that helped popularize the Internet craze during the 1990s, is poised to recover the online business it lost when the company was divided in half eight years ago. Lycos Inc. said on Tuesday it had agreed to sell its Wired News online properties for $25 million to Conde Nast Publications, owner of Wired magazine, the print publication that is equal parts technology culture trend-spotter and glossy product catalog. Lycos acquired Wired News as part of the Wired Digital acquisition which closed in June 1999 for a reported $83 million.
Lycos is a subsidary of Daum - the largest portal in Korea:
[english.yna.co.kr...]