Monday, June 23, 2008

Once an Internet Giant, InfoSpace Dismantles Itself - NYTimes.com

Once an Internet Giant, InfoSpace Dismantles Itself - NYTimes.com: "A couple of weeks ago, the handful of people who were still trying to use InfoSpace.com to look up phone numbers and addresses started finding themselves on the homepage of SuperPages, the business-listings site owned by a Verizon spinoff.

Anyone who took note of this might remember that InfoSpace was once an Internet juggernaut, worth $31 billion back in March 2000. Supporters said at the time that it was poised to dominate the market for local online advertising.

Today, the company’s share of the search industry does not even reach 1 percent, and its name joins the scrap heap of once-formidable Internet brands, like AltaVista, that did not make it through."

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