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As corporate data accumulates at an exponential rate, the work of millions of employees, produced on computers keystroke by keystroke, has produced a virtual monster of a problem. The growing heap of computer files, which includes companies' most sensitive data, leads to a daunting question that can no longer be ignored: Where in the world can enterprises store data when ordinary hard drives and conventional backup devices start bursting at their seams? ...
Martha Stewart can make a garden grow and a dinner table glow, but does America's leading homemaker know the recipe for a perfectly-formed, golden-brown and successful IPO? We'll soon find out the answer to that question. Stewart's company, Martha Stewart Living Omnimedia, a division of Martha Stewart Living, filed for an IPO that could be valued a...
Just two days after the successful initial public offering of Chemdex (Nasdaq: CMDX), which provides e-commerce solutions for the life sciences industry, business-to-business community network VerticalNet (Nasdaq: VERT) gobbled up one of Chemdex's competitors. Today, VerticalNet announced the acquisition of labX.com, an online trading community for used and excess scientific laboratory equipment. Terms of the deal were not disclosed...
With a reach that stretches around the globe and a finger on the pulse of news events from Australia to Alaska, Reuters (Nasdaq: RTRSY) announced Thursday that it is forming a new global business unit to expand its reach into cyberspace Announcing the formation of New Media International, the British global news service said it intends to pursue In...
High-end brick-and-mortar furniture retailer Ethan Allen Interiors (NYSE: ETH) is doing some redecorating of its own. Today, Ethan Allen announced that it plans to start selling furniture and accessories on its Web site in late September. The company is undergoing an online makeover, with its Web site currently being redesigned "We have been watchi...
One of the Web's fastest-growing networks and a shopping site with over 29,000 merchants announced Thursday that they would form an online partnership, a move that gives both access to an ample supply of resources About.com (Nasdaq: BOUT) -- formerly known as the Mining Co. -- and ShopNow.com said the agreement calls for the shopping site to build ...
Roberto Cibrian-Campoy, CEO and co-founder of Latin American portal El Sitio International, expects his company to grow six-fold by the year 2002. Judging by the fast track the company is on in recent months, Cibrian-Campoy might just get his wish The recipients of $44 million (US$) in private equity placement last month - one of the largest first-...
As analysts have recently pointed out, leading portal site Yahoo! (Nasdaq: YHOO) has no problem getting people to come to its site. Now Yahoo! is working toward getting its visitors to stay awhile. Today, Yahoo! announced a deal with online bank Telebank (Nasdaq: TBFC) that will allow Telebank customers to view their account information on Yahoo! T...
With its new online store slated for a grand opening, Payless ShoeSource, Inc. (NYSE: PSS) is hoping that at least some of its future customers put their feet up and let their fingers do the shopping America's largest retail shoe store opened its e-commerce store Wednesday -- later perhaps than most -- but sounding ready to tackle the inherent diff...
Joining a number of other portals on the Web looking at small businesses as a large market share, Netscape Communications (NYSE: AOL) announced Tuesday that it has developed an online solution for small businesses on its Netscape Small Business Channel The company said it teamed up with Netopia, Inc.(Nasdaq: NTPA) to offer E-Store on its Netscape V...
After the beating that most Internet stocks have taken in the last few trading sessions, eBay's (Nasdaq: EBAY) earnings report, released Monday, had a calming effect for investors, but only for a little while The online auction leader beat analysts' estimates by a penny per share on Monday, reporting net income of $5.1 million (US$) or four cents p...
With the announcement that both Hearst New Media & Technology and NBC invested in Internet companies, Tuesday was a day for two companies that usually report the news to be in the news A subsidiary of one of the largest diversified media companies in the country, Hearst New Media & Technology announced Tuesday that it was one of four equity backers...
Walt Disney International Europe and the Buena Vista Internet Group (BVIG) announced Monday that they've promoted two executives to senior posts -- as the company continues its aggressive foray into European e-commerce ventures Andrew Barron was named executive vice-president of new media and business development for Walt Disney International Europ...
With the announcement that both Hearst New Media & Technology and NBC invested in Internet companies, Tuesday was a day for two companies that usually report the news to be in the news A subsidiary of one of the largest diversified media companies in the country, Hearst New Media & Technology announced Tuesday that it was one of four equity backers...
America Online announced today the rollout of a new 17 category-specific shopping platform -- the result of years of analyzing its members online shopping behavior The leading online interactive services company said the marketplace would introduce its shopping services in October. The new shopping platform embraces AOL's existing network. Shop@AOL...
The online community Web site eCircles.com announced Monday that it received an additional $18 million (US$) in private equity financing, topping off a first round financing of $6 million it received back in March The financing package was provided by venture capital firms CMGI (Nasdaq: CMGI), Nexus Group Ltd. and Adobe Systems, which provides the ...
The angels are coming to America Online (Nasdaq: AOL). The Victoria's Secret Angels, that is Victoria's Secret parent company, Intimate Brands, Inc. (NYSE: IBI), announced today that Victoria's Secret will become an anchor tenant in the lingerie department of the apparel commerce centers in the new Shop@AOL, [email protected], Shop@CompuServe, and Shop@...
The Internet's fourth-largest online brokerage attracted $195 million (US$) in financing Wednesday, but it was who declined to participate in the financing that carried headlines Friday Datek Online confirmed to the E-Commerce Times Friday that Vulcan Ventures, the investment company run by Microsoft co-founder Paul Allen, declined to participate i...
The online auction space became significantly more crowded on Thursday when direct e-commerce company Xoom.com (Nasdaq:XMCM) launched a person-to-person auction service This launch could pose a big threat to leading auction site eBay (Nasdaq: EBAY) for two reasons. First of all, Xoom.com already reaches more than 8.8 million members. Second and per...
In announcing that it will team up with a leading directory of heavy equipment for sale, Online auction house uBid, Inc. (Nasdaq: UBID) is hoping to do for turbines and lathes what eBay did for Beanie Babies and blue porcelain jugs Elk Grove Village, Illinois-based uBid said Friday that it formed an alliance with leading heavy equipment sales direc...

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