Transactions at the center of next financial skirmish. (transaction processing)(Broadband Week)
Multichannel News, June, 1997 by Arlen, Gary
The second and third words, out of Barry Diller's mouth were "transactional processors," as he unveiled the stock swap between Home Shopping Network Inc. and Ticketmaster. The two companies handle a combined total of 110 million orders per year, and Diller envisions this capability as an exploitable skill as Internet commerce attracts more purveyors to cyberspace.
As a reminder of the value of transaction processing, Diller emphasized it as one of HSN's three core businesses, along with broadcasting and electronic retailing. Later the same day, @Home revealed that Microsoft Network (MSN), the nation's third-largest online service, will be @Home's first premium service, with the extra monthly fee billed to customers' credit cards. These two separate...
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