PointCast

PointCast was an early internet news network that broadcast headlines directly to a screensaver on a user's computer when it was idle.What the heck is the PointCast Network..., PointCast. Archived 1997-04-01.
==History==
PointCast was founded in 1992 and based in Cupertino, California.Company Backgrounder, PointCast. Archived 1997-05-08. In 1997 PointCast CEO Christopher Hassett turned down an offer of 450 million from the . However, the company's market value later collapsed as its "push" technology was no longer considered cutting-edge.PointCast Fire Sale, Wired. 1999-05-11.
===Sale and closure===
On May 11, 1999, announced that its Launchpad Technologies subsidiary had acquired PointCast.Idealab! company acquires PointCast, Inc., EntryPoint. 2000-03-02. By then, the company's sale price had been reduced to $7 million and Hassett was fired. PointCast's network was finally shut down at the end of March 2000.PointCast Coffin About to Shut, Wired. 2000-03-29.
==References==
==External links==
*PointCast official website (archived 1997-04-01, 1999-11-29)
* at Wikipedia
Category:Defunct companies
Category:1992 introductions