Go Is Gone, Walt Disney Internet Group In
Go.com, Inc., the Internet group of the Walt Disney Co., has changed its name to the Walt Disney Internet Group. The name change was made to better reflect the new direction of the Internet company, which has moved its focus away from a Yahoo-like portal to a more Disney-geared entertainment destination. The Disney arm has been plagued with problems from the start. In the last quarter, the company reported a net loss of US$272.1 million, including amortization of intangible assets.