Info Industry--Hoover's Hoover's Announces New "Focus" on Subscriptions, Job Cuts, Management Changes
From the news release, "Hoover's business model consists of multiple revenue streams including subscriptions, advertising, licensing, books and CD-ROMs. However, the company views subscriptions, which generated 63% of total revenues in the quarter ended June 30, 2001, as the principal growth driver in the current economic environment. The company's in-depth analysis of business information services shows that the demand for services like Hoover's in the U.S. is estimated at $800 million..."Hoover's has historically focused on a broad mass market encompassing all businesspeople and their diverse set of needs," continued [Jefferey] Tarr, [Hooever's CEO]. "But market data shows that our revenues are concentrated within a more focused segment comprised primarily of professionals engaged in sales, sales support and business development. We intend to focus our efforts and resources on this customer segment that is the largest generator of revenue for our business today and that we believe offers the greatest opportunity for future revenue growth." What Else? A reduction of about 20% to the Hoover's workforce, the closing of the London office and several management changes. Listen to the Hoover's Press Conference
Business-United States
Investing--United States
Source: SEC New Database: Investment Adviser Public Disclosure (IAPD)
From the news release, "The Investment Adviser Public Disclosure (IAPD) website provides instant access to registration documents filed by more than 9,000 registered investment advisers. The documents, filed electronically with the SEC or state securities administrators, provide information about each adviser's business, advisory services and fees. The registration documents also disclose any disciplinary problems an adviser or its employees may have had during the last ten years. Direct to the Database: http://www.adviserinfo.sec.gov/IAPD/Content/IapdMain/iapd_SiteMap.asp See Also: NASD Public Disclosure Database
Politics--United States
Lobbying--United States
Source: Center for Responsive Politics After the Attacks: A Special Report on America's Changed Political and Legislative Landscape
From an email message, "...a brief analysis of the industries that have been, or stand to be, most impacted in the wake of the attacks on New York and Washington, inluding a look at their lobbying and campaign contributions dating back over the last two years."
Internet
Source: Computerworld .Info Addresses Are Beginning to Come Online
From the article, "After months of preparations, a few Web sites are beginning to appear online with new .info top level domain addresses that can be visited using Internet browser software. More than 52,000 .info domain names have been registered since July, according to Afilias Ltd., the company designated to maintain the Internet database of all .info addresses. Those new domains went live on Saturday, though they aren't necessarily yet online. Another 250,000 unique .info addresses are in the pipeline, waiting to be placed in the database so they may eventually be used by Internet visitors.
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