Three of the world's largest record companies are close to a deal to license their catalogues to Napster, the 'renegade' song-swapping service. By Jane Martinson.
Despite the slump in the value of dot.coms, employees are increasingly attracted by the prospect of share options in their company, even if it means accepting a lower basic salary and sharing the pain as well as the gain. Nic Paton reports.
Yahoo!, the world's most visited internet portal, yesterday appointed a veteran film studio boss as its chairman and chief executive, prompting speculation about a change of direction for a company founded by two students.
The race to rival Napster took a step forward when Yahoo! joined Duet, the online music service created by Vivendi Universal and Sony Music Entertainment. By Jane Martinson.