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Posted 28 April 2005 - 12:56 PM
Posted 28 April 2005 - 07:44 PM
Intermix however tends to disagree. Mid-April Intermix refuted the spyware label citing:
"The company's toolbar and redirect applications do not collect information about a person's web surfing habits or otherwise collect or transmit any personal information about users."
According to Intermix's press release as a result of this lawsuit:
"The company has decided to cease distribution of its redirect and toolbar applications pending a thorough review of the issues raised by the NY AG's office. The Company will not reintroduce those applications as downloads until every precaution is taken to ensure that users are fully informed about and consent to the installation of the applications during the download process and that the applications, once installed, can be located and removed easily"
Since Intermix is traded on the stock market, they have to issue more press releases. An excerpt from the newest one:
"Shares of the company, Intermix Media Inc. of Los Angeles, fell 55 cents, or 11 percent, to $4.25 in midday trading on the American Stock Exchange. "
And oh, they did mention how much net revenue they made from NY residents:
"The Company predominantly derives revenue from these applications through users' conduct of search queries and clicks on search results. Intermix estimates that, since inception, it generated a total of approximately $250,000 in net revenue attributable to downloads by New York state consumers. "
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