Call it a pre-emptive strike. Also call it futile. Maffei and Jay Hoag , a general partner at Technology Crossover Ventures , which holds nearly 10% of Expedia's common stock, have not returned calls ...

The economy can be considered sluggish--if you're feeling optimistic. The layoffs won't stop and consumer spending this quarter is expected to be the worst in ten years. Expedia nevertheless sees this ...

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 ...

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 ...

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 ...

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 ...