Honolulu Star-Bulletin Local News
Business Briefs

Reported by Star-Bulletin staff & wire

Wednesday, March 5, 1997


Atlantis Submarines
links with two parks

The owner of Sea Life Park and Waimea Falls Park has contracted with Atlantis Submarines to handle sales, marketing and reservations for the parks.

Christian Wolffer, who acquired the park operating company Oahu Entertainment Parks/Attractions Hawaii in October, said the parks are also being improved.

Both parks will have a new look and the company has retained watercolor artist Richard Petit to design new color schemes and other changes. New shows and activities will be added soon, Wolffer said.

With the help of consultants from Sea World, Sea Life Park has already made changes to its shows, he said.

America Online to put ads
in 'chat groups'

NEW YORK -- America Online Inc. is planning to place advertising on company-sponsored discussion areas, or "chat groups," as part of the world's largest online service's bid to expand its revenue base beyond mainly subscriber fees.

The Dulles, Va.-based company said placing ads in the company-sponsored chat rooms would generate 360 million ad "impressions" every month, a program one analyst estimated could generate $15 million to $25 million in new revenues in 1997. Impressions, or how many times an ad is viewed, are the advertising industry's standard way of measuring the impact of individual ad promotions.

Microsoft: Flaw fixed
in Internet Explorer

SEATTLE -- Microsoft Corp. says it has come up with a fix to a flaw in its Internet Explorer browser that could allow a Web site operator to secretly run programs or ruin files in someone else's personal computer.

A "software patch" to correct the problem was made available late yesterday for users to download for free from its World Wide Web site.

Microsoft said it had no reports from customers of security breaches. But company officials considered the flaw a serious problem because it potentially could allow an electronic attacker to bypass the browser's security system.

Japan dockworkers
plan 24-hour strike

TOKYO -- Two major Japanese dockworkers' unions said today they would stage a 24-hour strike March 12 to protest planned U.S. sanctions against Japanese shippers.

The unions, which represent more than 50,000 workers, said the strike was meant to oppose deregulation of their industry and to demand better conditions and benefits for their members.

Last week, the U.S. Federal Maritime Commission announced it would fine three Japanese shippers $100,000 every time they make port in the United States to retaliate for restrictions on U.S. shippers in Japanese harbors.

The two unions, the National Council of Dockworkers' Unions of Japan and the All Japan Harbor Transport Labor Union League, represent dock workers at 50 of the 96 ports in Japan that take foreign ships.

Australian insurer
expanding to Guam

SYDNEY, Australia -- Australian-based insurance group MMI Ltd. has started offering business insurance in Guam, as part of a strategy to increase its presence in the Asia-Pacific region. MMI said today it expected a 4 percent share of the total market premium, estimated to be $175 million. It is planning to underwrite large risks in commercial property and infrastructure projects.





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