REDMOND, Wash. -- Despite a sharp drop in bookings immediately following the terrorist attacks, Expedia reported better earnings than expected in the third quarter but nevertheless lowered ...
Online travel agency Expedia has rejected a takeover bid from Barry Diller’s USA Interactive, saying it sees more potential for growth if it remains independent. In June, USA Interactive proposed a ...
Expedia Inc., the largest Internet travel agency, had a second-quarter profit of $19.1 million and increased its forecast for annual sales. Net income was 29 cents a share, contrasted with a loss of ...
Expedia Inc. rebuffed a takeover offer from its biggest shareholder, USA Interactive, run by media mogul Barry Diller, on grounds that it saw more growth potential if it remained independent. A ...
hese are tough times for publicly held dot-coms. Once the darlings of venture capitalists, hot companies like ByeByeNow.com have flamed out. Others have slashed their workforce, arguably in an attempt ...
Spring 1995: Founded as a tiny division within Microsoft to create a travel CD-ROM. Rich Barton, the division’s first product manager, persuades the company to start an online-travel business. Oct. 22 ...
Shares of Expedia rose after theflyonthewall.com said Chairman Barry Diller may take the online travel agency private. Expedia denied the report. Diller is working on a $30-a-share buyout, the Web ...
USA Interactive, the New York-based conglomerate that already owns most of Bellevue's Expedia Inc., yesterday said it has agreed to buy the outstanding shares of the largest Internet travel service.
Richard Barton, the founder, president and chief executive officer of Expedia, will resign from his post on March 31, the company said in a statement Wednesday. He will be leaving to spend time with ...
Expect the online travel agency's shares to jump Tuesday after it posted its first operating profit in company history and raised estimates for the fourth quarter and fiscal 2002. In the third quarter ...
Expedia.com has been recognised as Yahoo! Internet Life`s “Best Overall Travel Site” and also one of Mobile Computing & Communications` “Best Mobile Web Sites of 2001.” The honours praise Expedia for ...