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AT&T, IBM Ink $450M Web Hosting Deal

Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). ...

Online Payment Giants Complete $1B Merger

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 $1 billion (US$). ...

U.S. E-Commerce Shows Solid Q2 Growth

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) ...

California Lawmakers Push for Net Tax

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 ...

U.S. Net Demographics Set To Shift

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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