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While e-commerce is soaring and breaking all records this holiday season, it also appears that Internet scam artists are having a field day ...

Digital media company Encoding.com, which helps technology companies, music companies and e-commerce sites optimize their digital audio and video content, announced today that it has raised $48 million in a round of funding led by Wasserstein Adelson Ventures ...

Applications service provider and Web hosting company NaviSite (Nasdaq: NAVI) announced today that it has been selected by specialty women's clothing retailer Dress Barn (Nasdaq: DBRN) to help launch its new e-commerce site. Dress Barn operates 674 brick-and-mortar stores in 43 states ...

Online vitamin and nutritional supplement retailer VitaminShoppe.com (Nasdaq: VSHP) announced today that it has signed a two-year, multi-million dollar (US$) alliance with America Online (NYSE:AOL) ...

Investors include America Online and BMG Entertainment, one of the "big five" record companies. Other investors include Bertelsmann Ventures, the Mayfield Fund and Trans Cosmos USA, which has also invested in companies such as Liquid Audio, RealNetworks and Spinner. The funding announcement comes one week after Riffage.com announced an e-commerce agreement with barnesandnoble.com. In addition, Riffage.com and AOL recently announced a digital music distribution deal to promote Riffage.com's offerings throughout many of AOL's brands. Riffage.com, which launched in March, also has agreements with companies such as CNET, Digital on Demand, eCircles.com, Listen.com, MusicMatch, RealNetworks, Scour.net and ZDNet. "We view our relationship with Riffage.com, with its community-building approach and growing music catalog of talented artists, as an important component of our own digital music strategy," said Ted Leonsis, president of AOL's Interactive Properties Group. Funding For Technology Riffage.com plans to spend its new funding on technology that will allow the company to expand on its personalization, community and music functionality. Some of the money will also be spent on marketing programs. "In addition to the capital infusion, we're looking forward to the synergistic and cross-business opportunities presented by our new relationships with these leading companies," said Ken Wirt, CEO of Riffage.com. Bertelsmann Ventures is the venture fund of Bertelsmann AG. Bertelsmann, notably, has a collection of businesses that are already or could be future partners with Riffage.com. Bertelsmann is the world's third-largest media company with annual sales of approximately $18 billion. The company's subsidiaries include Random House, Bantam and BMG. Bertelsmann has stakes in more than 600 companies, including AOL Europe, barnesandnoble.com, CompuServe Europe and Lycos Europe. BMG Entertainment owns more than 200 record labels in 53 countries, including Arista, RCA and Ariola Music, as well as the world's largest mail-order music club. The company also has a stake in online music community site GetMusic.com, which is a joint venture with Universal Music Group, About Riffage.com Based in Palo Alto, California, Riffage.com was founded by Wirt, who was previously vice president of corporate marketing for Diamond Multimedia Systems. At Diamond Multimedia, Wirt was responsible for the strategic planning and launch of the portable Rio MP3 player. Investors include America Online and BMG Entertainment, one of the "big five" record companies. Other investors include Bertelsmann Ventures, the Mayfield Fund and Trans Cosmos USA, which has also invested in companies such as Liquid Audio, RealNetworks and Spinner.

Online retailer Bluefly.com (Nasdaq: BLFY), which sells designer apparel and accessories at outlet-store prices, announced today that it has expanded its strategic relationship with Internet infrastructure company Inktomi (Nasdaq: INKT) ...

Life-science and healthcare business-to-business solutions provider Chemdex Corp. (Nasdaq: CMDX) announced today that it has signed an agreement to acquire SpecialtyMD.com in an all-stock transaction worth approximately $115 million (US$) ...

Ask Jeeves (Nasdaq: ASKJ), the online question-answering service for companies and consumers, announced today that Compaq and Microsoft subsidiary WebTV Networks have expanded and renewed their subscriptions to Ask Jeeves' Corporate Question Answering Service ...

Online network Go2Net (Nasdaq: GNET) and MyComputer.com, a provider of integrated Web-site management tools, announced a deal today to offer site analysis for businesses that use Go2Net's free Hypermart Web hosting service ...

The initial public offering of Preview Systems (Nasdaq: PRVW), which develops technology that allows e-commerce retailers and other businesses to distribute trial versions of their software, music and other products, was a huge winner on Wall Street on Wednesday. The initial public offering was priced at $21 a share for 3.8 million shares, above the revised range of $16 to $18 after an original range of $10 to $12. Shares of Preview Travel climbed nearly 300 percent on Wednesday, gaining 62-3/4 to close at 82-3/4...

Online Latin America network StarMedia (Nasdaq: STRM) announced today that it has formed a one-year e-commerce and marketing agreement with Dell Computer Corp. (Nasdaq: DELL) to promote Dell's products and services throughout StarMedia's properties ...

European sports destination site Sports.com, a majority-owned subsidiary of SportsLine.com (Nasdaq: SPLN), announced today that it will raise $49 million (US$) in a second round of funding through the issuance of preferred stock ...

Online real estate brokerage zipRealty.com announced today that it has raised $16 million (US$) in a second round of funding led by venture capital firm Benchmark Capital ...

America Online (NYSE: AOL) and job search/recruitment site Monster.com announced today that they have forged a four-year, exclusive $100 million (US$) deal to offer Monster.com's career-management resources to AOL users across seven AOL brands ...

Shares of Bid.com (Nasdaq: BIDS), a Canadian auction service, gained more than 27 percent on Wednesday, climbing 1-9/32 to 6 as rumors began to circulate on online message boards about the possibility of the company being acquired. Bid.com would be a relatively inexpensive takeover target for a company like eBay. Even after Wednesday's gain, the company is worth only about $296 million, and the stock is well off its 52-week high of 22-5/8...

The stock of online broadcaster NetRadio (Nasdaq: NETR) climbed nearly 29 percent on Tuesday, gaining 2-5/16 to 10-3/8 after the company announced what looks to be a significant deal with Microsoft. Under the terms of the deal, NetRadio's 120 channels of music and information will be offered in Microsoft's Windows Media format. NetRadio will be prominently featured on Microsoft's windowsmedia.com site...

Amazon.com (Nasdaq: AMZN) announced today that it will make a minority investment in luxury goods retailer Ashford.com (Nasdaq: ASFD) and that the two companies have agreed on a multimillion-dollar (US$) marketing initiative ...

Downloadable music seller EMusic.com (Nasdaq: EMUS) announced today that it has signed an agreement to acquire privately-held music destination site Tunes.com, whose properties include RollingStone.com and DownBeatJazz.com ...

UK-based entertainment and shopping guide Virgin Net announced today that it has selected upstart search engine Google to provide search services for its Web site ...

E-commerce infrastructure companies are the stars of Wall Street right now, with stocks that most people have never heard of rising to hard-to-believe heights ...