NEW YORK (AP) -- Zagat Survey is getting $31 million from major investors who think the restaurant guidebook can be a delectable dish on the Web and Wall Street.
The investment announced today is many times bigger than a promising Web business might receive in its first round of equity financing, even in these days of easy Internet billions.
The deal also marks the first time founders Tim and Nina Zagat have ceded any control to outsiders since the couple began ''publishing'' in 1979 with a photocopied guide to 100 New York City restaurants, based on a survey of 175 restaurant-loving friends and acquaintances.
Twenty years later, thousands of restaurant-goers are surveyed each year, generating about 35 guidebooks covering 45 cities, mostly in the United States, where the Zagat name is almost synonymous with restaurant reviews.
Average consumers need not line up yet for Windows 2000
SAN JOSE, Calif. (AP) -- Microsoft Corp. may be gearing up for the launch of its Windows 2000 operating system, but the message for the average consumer is ''Don't try this at home.''
Windows 2000, a family of products that succeeds Windows NT version 4.0, is aimed at corporate users who need the upgrade for the complex tasks large computers need to power Web sites and databases.
But the company says Windows 2000 -- scheduled to be released Thursday in San Francisco -- is no substitute for the Windows Millennium Edition, which is targeted for home machines.
Lawyers discuss one-stop shopping for services
DALLAS (AP) -- Lawyers joining with accountants and other professionals to offer clients one-stop shopping for legal, financial and other services is the No. 1 topic of conversation at the American Bar Association's national convention.
Many lawyers view that sea change in the practice of law as inevitable but worry about who is going to control it. And a big initial hurdle is the longstanding ban on attorneys forming partnerships and sharing fees with non-lawyers.
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