Microsoft co-founder Paul Allen has continued his push to combine Internet content with state-of-the-art delivery networks by investing $1.65 billion (US$) in RCN (Nasdaq: RCNC), a Princeton, New Jersey-based telecommunications company.
The growing consensus among top industry leaders is that the standard e-commerce model of click and buy with no live interaction is going the way of the Commodore 64. In a word, e-commerce with a human touch is "in."
Cambridge, Massachusetts-based Akamai Technologies, a cutting-edge Internet content delivery service, announced Monday that Microsoft Corp. has made a $15 million (US$) investment in the company and will integrate its software into Akamai's expanding network.
Seeking to leverage its e-commerce ties with some of America's leading sporting goods retailers, Global Sports, Inc. (Nasdaq: GSPT) announced today that it plans to launch a sporting goods auction site in the fourth quarter of 1999.
National Internet service providers EarthLink(Nasdaq: ELNK) and MindSpring (Nasdaq: MSPG) announced a merger today that would create the nation's second-largest ISP and "offer a clear alternative to AOL."
Children-oriented Web site MaMaMedia, Inc. announced today that it has raised $50 million (US$) in its most recent round of equity funding.
Leading portal and high-speed Internet access company Excite@Home (Nasdaq: ATHM) announced Wednesday that it will create a joint venture with a German cable operator and its parent company to bring high-speed cable Internet access to 2.2 million German homes.
Executives at Sony Corporation of America and Time Warner announced Wednesday that 42 year-old Scott Flanders has been chosen to lead the new publicly-traded company that will emerge from the merger of CDNow (Nasdaq: CDNW) and music marketer Columbia House.
ePhysician.com and Medsite.com announced today that they have teamed up to provide health care professionals with online access to thousands of medical books, journals, software and other medical supplies.
VacationSpot.com, an online booker of independent vacation properties, and bamboo.com, a provider of virtual tours for the real estate industry, announced today that they have formed an alliance.
A report that the Chinese Government is considering a ban on foreign investment in Web companies sent shares of China.com (Nasdaq: CHINA) plummeting sharply Wednesday and caused jitters throughout the region.
Softbank Corp., one of the world's largest Internet investors, is teaming up with a Japanese home appliance retailer to launch a new shopping site for the growing Japanese market.
Leading office superstore Staples, Inc. (Nasdaq: SPLS) announced today that it is forming a new class of common stock to track the company's e-commerce performance.
With the issue of Internet regulation shifting front and center on the global agenda, the 19-member National Advisory Commission on Electronic Commerce reconvened Tuesday for a two-day meeting in New York.
The first annual Offshore E-Commerce Conference gathers at New York City's Millennium Center today for a three-day event that will explore the benefits of establishing e-commerce ventures or payment solutions offshore.
International accounting, tax and consulting firm KPMG LLP announced today that it has formed a new e-commerce tax services practice. The company believes that the rise of e-commerce is causing a demand for new tax models and other related services.
Lycos, Inc. (Nasdaq: LCOS) announced today that it has formed a $50 million (US$) joint venture with Singapore's national telecommunications company to develop local portal sites in 10 Asian markets. The move is the latest in an aggressive international expansion plan.
OnHealth Network Company (Nasdaq: (ONHN), a Seattle, Washington-based healthcare site, announced Monday that it paid nearly $5 million (US$) in stock to acquire BabyData.com, a site aimed at pregnant couples and those trying to conceive.
Flooz.com announced Monday that it is the recipient of $16.5 million (US$) in first-round capital financing from a group of well-known Internet venture capital firms. Flooz has been described as the first service to provide online gift-giving currency.
Facing pressure from competitors and the stock market, Priceline.com announced that it set a single-day sales record by selling more than 10,000 airline tickets Thursday.