<s>
Lycos	O
,	O
Inc.	O
,	O
is	O
a	O
web	B-Application
search	I-Application
engine	I-Application
and	O
web	O
portal	O
established	O
in	O
1994	O
,	O
spun	O
out	O
of	O
Carnegie	O
Mellon	O
University	O
.	O
</s>
<s>
Lycos	B-Application
also	O
encompasses	O
a	O
network	O
of	O
email	O
,	O
web	O
hosting	O
,	O
social	O
networking	O
,	O
and	O
entertainment	O
websites	O
.	O
</s>
<s>
The	O
word	O
"	O
Lycos	B-Application
"	O
is	O
short	O
for	O
"	O
Lycosidae	O
"	O
,	O
which	O
is	O
Latin	O
for	O
"	O
wolf	O
spider	O
"	O
.	O
</s>
<s>
Lycos	B-Application
is	O
a	O
university	O
spin-off	O
that	O
began	O
in	O
May	O
1994	O
as	O
a	O
research	O
project	O
by	O
Michael	O
Loren	O
Mauldin	O
of	O
Carnegie	O
Mellon	O
University	O
in	O
Pittsburgh	O
.	O
</s>
<s>
Lycos	B-Application
Inc	O
.	O
was	O
formed	O
with	O
approximately	O
US$2	O
million	O
in	O
venture	O
capital	O
funding	O
from	O
CMGI	O
.	O
</s>
<s>
Lycos	B-Application
enjoyed	O
several	O
years	O
of	O
growth	O
during	O
the	O
1990s	O
and	O
became	O
the	O
most	O
visited	O
online	O
destination	O
in	O
the	O
world	O
in	O
1999	O
,	O
with	O
a	O
global	O
presence	O
in	O
more	O
than	O
40	O
countries	O
.	O
</s>
<s>
It	O
also	O
became	O
the	O
first	O
search	B-Application
engine	I-Application
to	O
go	O
public	O
,	O
before	O
its	O
big	O
rivals	O
Yahoo	B-Application
!	I-Application
</s>
<s>
and	O
Excite	B-Application
.	O
</s>
<s>
Lycos	B-Application
started	O
offering	O
e-mail	O
services	O
in	O
October	O
1997	O
,	O
the	O
same	O
year	O
it	O
became	O
one	O
of	O
the	O
first	O
profitable	O
Internet	O
businesses	O
in	O
the	O
world	O
.	O
</s>
<s>
In	O
1998	O
,	O
Lycos	B-Application
acquired	O
Tripod.com	O
for	O
$58	O
million	O
in	O
an	O
attempt	O
to	O
"	O
break	O
into	O
the	O
portal	O
market	O
"	O
.	O
</s>
<s>
Lycos	B-Application
Europe	O
was	O
a	O
joint	O
venture	O
between	O
Lycos	B-Application
and	O
the	O
Bertelsmann	O
transnational	O
media	O
corporation	O
,	O
but	O
it	O
has	O
always	O
been	O
a	O
distinct	O
corporate	O
entity	O
.	O
</s>
<s>
Although	O
Lycos	B-Application
Europe	O
remains	O
the	O
largest	O
of	O
Lycos	B-Application
's	O
overseas	O
ventures	O
,	O
several	O
other	O
Lycos	B-Application
subsidiaries	O
also	O
entered	O
into	O
joint	O
venture	O
agreements	O
including	O
Lycos	B-Application
Canada	O
,	O
Lycos	B-Application
Korea	O
and	O
Lycos	B-Application
Asia	O
.	O
</s>
<s>
Lycos	B-Application
was	O
one	O
of	O
the	O
most	O
popular	O
websites	O
on	O
the	O
internet	O
,	O
ranking	O
8th	O
in	O
1997	O
,	O
and	O
peaking	O
at	O
4th	O
in	O
both	O
1999	O
and	O
2001	O
.	O
</s>
<s>
On	O
May	O
16	O
,	O
2000	O
,	O
near	O
the	O
peak	O
of	O
the	O
dot-com	O
bubble	O
,	O
Lycos	B-Application
announced	O
its	O
intent	O
to	O
be	O
acquired	O
by	O
Terra	O
Networks	O
,	O
the	O
Internet	O
arm	O
of	O
the	O
Spanish	O
telecommunications	O
giant	O
Telefónica	O
,	O
for	O
$12.5	O
billion	O
.	O
</s>
<s>
The	O
transaction	O
closed	O
in	O
October	O
2000	O
and	O
the	O
merged	O
company	O
was	O
renamed	O
Terra	O
Lycos	B-Application
,	O
although	O
the	O
Lycos	B-Application
brand	O
continued	O
to	O
be	O
used	O
in	O
the	O
United	O
States	O
.	O
</s>
<s>
Having	O
been	O
set	O
back	O
by	O
the	O
dot-com	O
bubble	O
burst	O
,	O
Lycos	B-Application
abandoned	O
its	O
own	O
search	O
crawler	O
in	O
late	O
2001	O
,	O
and	O
started	O
using	O
FAST	O
.	O
</s>
<s>
In	O
August	O
2004	O
,	O
Terra	O
announced	O
that	O
it	O
was	O
selling	O
Lycos	B-Application
to	O
Seoul	O
,	O
South	O
Korea	O
–	O
based	O
Daum	B-Protocol
Communications	O
Corporation	O
,	O
now	O
Kakao	O
,	O
for	O
$95.4	O
million	O
in	O
cash	O
,	O
less	O
than	O
2%	O
of	O
Terra	O
's	O
initial	O
multibillion-dollar	O
investment	O
.	O
</s>
<s>
In	O
October	O
2004	O
,	O
the	O
transaction	O
closed	O
and	O
the	O
company	O
name	O
was	O
changed	O
back	O
to	O
Lycos	B-Application
.	O
</s>
<s>
Under	O
new	O
ownership	O
,	O
Lycos	B-Application
began	O
to	O
refocus	O
its	O
strategy	O
.	O
</s>
<s>
With	O
a	O
new	O
management	O
team	O
in	O
place	O
,	O
Lycos	B-Application
also	O
began	O
divesting	O
properties	O
that	O
were	O
not	O
core	O
to	O
its	O
new	O
strategy	O
.	O
</s>
<s>
In	O
July	O
2006	O
,	O
Wired	O
News	O
,	O
which	O
had	O
been	O
part	O
of	O
Lycos	B-Application
since	O
the	O
purchase	O
of	O
Wired	O
Digital	O
in	O
1998	O
,	O
was	O
sold	O
to	O
Condé	O
Nast	O
Publications	O
and	O
re-merged	O
with	O
Wired	O
Magazine	O
.	O
</s>
<s>
The	O
Lycos	B-Application
Finance	O
division	O
,	O
best	O
known	O
for	O
Quote.com	O
and	O
RagingBull.com,	O
was	O
sold	O
to	O
FT	O
Interactive	O
Data	O
Corporation	O
in	O
February	O
2006	O
,	O
while	O
its	O
online	O
dating	O
site	O
,	O
Matchmaker.com,	O
was	O
sold	O
to	O
Date.com	O
.	O
</s>
<s>
In	O
2006	O
,	O
Lycos	B-Application
regained	O
ownership	O
of	O
the	O
Lycos	B-Application
trademark	O
from	O
Carnegie	O
Mellon	O
University	O
,	O
allowing	O
the	O
company	O
to	O
rename	O
to	O
Lycos	B-Application
,	I-Application
Inc	I-Application
.	I-Application
</s>
<s>
During	O
2006	O
,	O
Lycos	B-Application
introduced	O
several	O
media	O
services	O
,	O
including	O
Lycos	B-Application
Phone	O
which	O
combined	O
video	O
chat	O
,	O
real-time	O
video	O
on	O
demand	O
,	O
and	O
an	O
MP3	O
player	O
.	O
</s>
<s>
In	O
November	O
2006	O
,	O
Lycos	B-Application
began	O
to	O
roll	O
out	O
applications	O
centered	O
on	O
social	O
media	O
,	O
including	O
its	O
video	O
application	O
,	O
Lycos	B-Application
Cinema	O
,	O
that	O
featured	O
simultaneous	O
watch	O
and	O
chat	O
functionality	O
.	O
</s>
<s>
In	O
February	O
2007	O
,	O
Lycos	B-Application
MIX	O
was	O
launched	O
,	O
allowing	O
users	O
to	O
pull	O
video	O
clips	O
from	O
YouTube	B-General_Concept
,	O
Google	O
Video	O
,	O
Yahoo	B-Application
!	I-Application
</s>
<s>
Video	O
and	O
MySpace	B-Application
Video	O
.	O
</s>
<s>
Lycos	B-Application
MIX	O
also	O
allowed	O
users	O
to	O
create	O
playlists	O
where	O
other	O
users	O
could	O
add	O
video	O
comments	O
and	O
chat	O
in	O
real-time	O
.	O
</s>
<s>
As	O
part	O
of	O
a	O
corporate	O
restructuring	O
to	O
focus	O
on	O
mobile	O
,	O
social	O
networks	O
and	O
location-based	B-Application
services	I-Application
,	O
Daum	B-Protocol
sold	O
Lycos	B-Application
for	O
$36	O
million	O
in	O
August	O
2010	O
to	O
Ybrant	O
Digital	O
,	O
an	O
Internet	O
marketing	O
company	O
based	O
in	O
Hyderabad	O
,	O
India	O
.	O
</s>
<s>
Ybrant	O
Digital	O
paid	O
$20	O
million	O
at	O
signing	O
and	O
there	O
has	O
been	O
a	O
legal	O
dispute	O
over	O
magnitude	O
of	O
the	O
second	O
installment	O
between	O
Ybrant	O
and	O
Daum	B-Protocol
.	O
</s>
<s>
In	O
2018	O
,	O
a	O
New	O
York	O
court	O
ruled	O
in	O
favor	O
of	O
Daum	B-Protocol
and	O
appointed	O
Daum	B-Protocol
(	O
by	O
then	O
merged	O
with	O
Kakao	O
)	O
as	O
receiver	O
of	O
Ybrant	O
's	O
56%	O
ownership	O
interest	O
in	O
Lycos	B-Application
.	O
</s>
<s>
In	O
May	O
2012	O
,	O
Lycos	B-Application
announced	O
the	O
appointment	O
of	O
former	O
employee	O
Rob	O
Balazy	O
as	O
CEO	O
of	O
Media	O
division	O
of	O
Lycos	B-Application
.	O
</s>
<s>
In	O
September	O
2014	O
,	O
Ed	O
Noel	O
was	O
appointed	O
in	O
place	O
of	O
Rob	O
and	O
manages	O
the	O
operations	O
under	O
the	O
title	O
of	O
General	O
Manager	O
of	O
Lycos	B-Application
Media	O
.	O
</s>
<s>
In	O
June	O
2015	O
,	O
Lycos	B-Application
announced	O
a	O
pair	O
of	O
wearable	O
devices	O
,	O
called	O
Band	O
and	O
Ring	O
.	O
</s>
<s>
Lycos	B-Application
Internet	O
was	O
renamed	O
Brightcom	O
Group	O
in	O
May	O
2018	O
.	O
</s>
<s>
Lycos	B-Application
Chat	O
,	O
a	O
photo	O
chatting	O
community	O
.	O
</s>
<s>
Lycos	B-Application
Mail	I-Application
,	O
an	O
e-mail	O
provider	O
formerly	O
known	O
as	O
Mailcity.com	B-Application
.	O
</s>
