Go.com Goes Down - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Go.com Goes Down

Disney Co.-backed Go.com isn't going anywhere. The portal is discontinuing operations and firing 400 employees, most of whom worked in Sunnyvale, Calif. Assets, including the Go.com URL and search-engine Infoseek, will be sold. All outstanding shares of the Disney Internet Group, a tracking stock, will be converted to Disney common stock.

Disney's answer to Yahoo and America Online, Go struggled through several business models trying to find a strategy that would make online content profitable. It couldn't.

It's the latest failure of an Internet venture backed by a media giant. In September, the much-touted Pop.com, a proposed entertainment site backed by film directors Ron Howard and Steven Spielberg, was aborted before launching.

Giga Information Group analyst Kazim Isfahani likens Go to Pathfinder, Time Warner's ill-fated online venture created to bring eyes to the media empire's publications. "This points out that the larger, more staid organizations haven't gotten the Internet right yet," Isfahani says. "You have to understand the Internet at a granular level."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
Why It's Nice to Know What Can Go Wrong with AI
James M. Connolly, Editorial Director, InformationWeek and Network Computing,  11/11/2019
Slideshows
Top-Paying U.S. Cities for Data Scientists and Data Analysts
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/5/2019
Slideshows
10 Strategic Technology Trends for 2020
Jessica Davis, Senior Editor, Enterprise Apps,  11/1/2019
Register for InformationWeek Newsletters
Video
Current Issue
Getting Started With Emerging Technologies
Looking to help your enterprise IT team ease the stress of putting new/emerging technologies such as AI, machine learning and IoT to work for their organizations? There are a few ways to get off on the right foot. In this report we share some expert advice on how to approach some of these seemingly daunting tech challenges.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll