In addition, the company announced that founder and CEO Bob Dykes was resigning. Dykes is joining VeriFone, an electronic payment systems provider. He will remain NebuAd’s chairman.
This summer the House Energy and Commerce Committee began an inquiry into online advertising, focusing partly on tests by Internet companies using NebuAd. Amid concerns that the tests invaded the privacy of unwitting Web users, several companies severed their partnerships with NebuAd.