HERALD TRIBUNE — …Medvedeva is one of scores, perhaps hundreds, of fictional characters in a resurgent Internet hustle that has become a Russian boom industry this year. Using fake names, forged visas and snapshots of young Russian women, a new crop of online swindlers is luring Western victims into confidence games. Each is an escalating flirtation between an unsuspecting man and a Russian grifter masquerading as a young woman. It typically ends when the victim wires money to Russia to pay for visas and airfare for a consummation of the affair. Then the beloved disappears.
Month: November 2004
Match.com; Diller’s InterActiveCorp Struggles to Make Comeback
LOS ANGELES (Hollywood Reporter) – When Barry Diller’s IAC/InterActiveCorp reported less-than-stellar quarterly earnings Aug. 3, the stock dropped almost 16%. It has continued to languish ever since, and some on Wall Street don’t have much hope of a recovery anytime soon as the company’s latest earnings release looms Wednesday. IAC’s assets include cable home shopping network HSN, the Entertainment Book of coupons and a hodgepodge of Internet holdings, including Citysearch, Evite and Match.com.
Businesses Not Ready for Web 2.0
PRWEB–…Why have communities like RYZE, Friendster, and popular Blogging sites have yet to come up with a solid revenue model…“most don’t understand the meaning of the word community. A community has to have either a shared knowledge or set of shared values”. Consumers have piled in sites like Friendster and RYZE but quickly quit using the them as the novelty wears off. He claims they will have to target a particular group within their community and begin servicing their needs specifically- changing dramatically from what they are today. PRWEB