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Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a $450 million (US$), multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting faci...
Electronic billing and payment provider CheckFree (Nasdaq: CKFR) announced Tuesday that it has completed its acquisition of Transpoint LLC in a stock deal valued at around $1 billion (US$).
Consumers spent over $5.5 billion (US$) shopping on the Internet during the second quarter of this year, an increase of 5.3 percent from first quarter online sales of $5.24 billion, according to separate figures released Thursday by Nielsen//NetRatings and the U.S. Department of Commerce (DOC).
In a move that could have a ripple effect throughout the United States, California lawmakers are pressing Governor Gray Davis to sign proposed legislation that would mandate the collection of sales taxes on Internet purchases made by state residents.
A new study by International Data Corp. (IDC) finds that a surge in the number of Americans using the Internet over the next several years will cause the demographics of the population to shift dramatically.
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