Instant messaging spam, also known as "spim," affects few IM users, but the phenomenon appears to be growing rapidly. Last year, 400 million spim messages were sent, a number that may climb to 1.5 billion in 2004, according to The Radicati Group.
Stock valuations of many Internet companies have shot up so much recently that it's starting to look like a bubble -- albeit smaller than in the late 1990s -- that may burst, Microsoft chairman Bill Gates said Friday at his company's online advertising conference. Amazon, eBay, Yahoo! and Interactive are companies that most likely will continue to thrive, but the lines of what they do will become increasingly blurred, he said.
Comcast yesterday announced it is launching a hostile $66 billion bid for the Walt Disney Co. In a letter to Michael Eisner, Comcast CEO Brian Roberts said the deal would create a "premier entertainment and communications company," but he added it was "unfortunate" Eisner was unwilling to enter into discussions on the matter.
Internet applications such as media players and instant messaging are now more popular than the Web browser as a way for people to use the Internet, new figures from Nielsen//NetRatings show. The Internet experience is moving into a post-Web world, an analyst says.