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  RealNames' final keyword: Gone
Time: 00:00 EST/05:00 GMT | News Source: CNET | Posted By: Todd Richardson

Internet keyword company RealNames said Monday that it has decided to close shop because Microsoft wouldn't renew its contract with the company. Documents published on the Web site of former RealNames CEO Keith Teare say the company owed Microsoft $25 million, due Friday, and that it was in no position to pay. RealNames suggested that the software giant renew its contract so RealNames could try to build up business to repay its loan, but Microsoft declined, the site says. Microsoft would not comment on the contract terms, citing the contract's confidentiality agreement.

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#1 By 20 (24.243.51.87) at 5/13/2002 11:25:54 PM
Thier most popular? NONE! No one ever used their service and that's why MS cancelled the contract and pulled their investment.

#2 By 135 (208.50.201.48) at 5/14/2002 1:20:23 AM
#3 - Are they?

#3 By 135 (209.180.28.6) at 5/14/2002 11:31:00 AM
#5 - It's also not advanced technology. It's called a lookup table. In the internet space it's called DNS. There's no R&D involved at all because this isn't a particularly advanced technology.

The only value here is the marketing and the customer list. So if MS wanted to develop this, they would buy RealNames out to get that customer list.

And from the notes from the RealNames CEO one of the points he references is that Microsoft wanted to get away from infrastructure creation because they receive a lot of user hostility.


#4 By 135 (209.180.28.6) at 5/14/2002 2:41:06 PM
#8 - Actually no they haven't. But that hasn't stopped anti-MS zealots from claiming the sky is falling.

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