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[GrandpaDude]

GOTO Changes Name to Overture!

Looks like DIG was a dollar short and a year late.

http://biz.yahoo.com/bw/011008/80070_1.html

http://biz.yahoo.com/rf/011026/n26120623_2.html

As we mentioned previously, GOTO was planning to change its name due to similarities of the name with other companies and lawsuit from Go2Networks. They finally announced their name change and the change went in effect last month. The new name is "Overture."

Although, Overture is not name as catchy as GOTO was, Overture does not expect to loose any business because of it. Overture's main source of revenue is due to its partnerships with other major search engines such as AOL Search, AltaVista, HotBot, Lycos and Netscape. In fact, Overture also announced their first profitable quarter last month and their stock price skyrocketed over 30% after a surprise earnings report of better than expected earnings.