Financial Difficulties Put Entrepreneur's 'Internet University' on Hold

Michael J. Saylor's plans to create an online university that would offer free education all over the world appear to have been put on hold, at least temporarily. Mr. Saylor, the software magnate, has been occupied for the past few months with financial difficulties at his company, MicroStrategy Inc.

At the annual meeting of MicroStrategy's shareholders last month, Mr. Saylor said he had had little time to devote to plans for the university, according to the