Bill Gates Buys Controlling
Stake In PlanetOut
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Last week PlanetOut announced that it was selling its adult magazine division, SpecPub, a move now seen as likely made in deference to Gates' wishes not to be associated with sexual imagery. The disposition of Gay.com, mostly used for sexual hook-ups, in not yet known. PlanetOut has a long history with Gates - in 1995 they launched as a channel on then-fledgling MSN. The partnership failed when Microsoft's V-Chat was largely ignored by consumers, forcing PlanetOut to launch their own internet presence.
Labels: Bill Gates, business, PlanetOut