Haarlem, The Netherlands - Lycos Europe, the portal and Web hosting service, said on Wednesday that it has concluded a strategic review process and will shut down operations and seek a sale of remaining assets. The company is separate from Lycos in the U.S., and was launched as a joint venture between Telefonica's Terra and Bertelsmann.
San Mateo, Calif. - Bitpass, a four-year-old provider of online payment processing services, has announced that it is discontinuing operations, due to "circumstances beyond our control," CEO Matthew Graves wrote in an e-mail to customers.
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