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[C14.] Softbank Plans Online Unit Spinoff Softbank plans to spin off ZDNet, the online unit of the U.S. media company Ziff-Davis, and sell its trade show arm.
That is the approach of Ahold's online unit, Peapod, which is based in Skokie, Ill.
Take WeightWatchers.com, the online unit of the dieting company Weight Watchers International.
Bertelsmann and Barnes & Noble each own roughly 40percentt of the online unit.
And amid a booming Internet market, Microsoft's online unit is losing money.
Among others, Tesco Direct, the online unit of the big British retailer, participated in the program.
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Germany's Deutsche Telekom 's T-Online unit has 7 million users.
Expenses rose and advertising fell 14percentt at its America Online unit, magazines and television networks.
AOL Time Warner's America Online unit owns the rights to two patents awarded in 2000.
And the high-speed-access agreement could be a step toward revitalizing the America Online unit.
But the move yesterday makes clear that the America Online unit will be Mr. Pittman's main priority.
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