Electrical retail giant Dixons has held informal talks exploring options to link Freeserve, its internet subsidiary, with World Online, the Dutch company which last week announced a £3.4 billion merger with Italian rival Tiscali.
Clickmango, the natural health website fronted by actress Joanna Lumley, said yesterday that 11th-hour attempts to find a backer willing to keep the business going had failed
Starbucks, the coffee retailer, yesterday became the latest victim of the internet downturn when it was forced to write off a $20.6m (£14.2m) investment in a failed online venture.
Different day, same story: more bad news for internet auction house Qxl.com. Not only did a trust connected with its non-executive chairman sell more shares, but the analyst who stunned the brokerage community by setting a £44 target price made an embarrassing climbdown.