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GM To Pump $1 Billion into New E-Commerce Unit: Develops Web Car

General Motors Corp. announced today that it has formed an independent unit called "e-GM," which will be charged with expanding the company's presence in cyberspace -- plus developing new products ...

Microsoft Pumps $15 Million into DSL.net To Develop Business Portal

Microsoft Corp. announced yesterday that it's pumping $15 Million (US$) into DSL.net Inc., a provider of high-speed Internet service, in order to deliver a MSN portal to small and medium businesses ...

Where’s the Leadership at eBay and E*Trade?

Last week the leadership of both eBay Inc. and E*Trade Group Inc. did little to inspire stockholders -- or help the price of their shares from falling ...

Online Sellers Compete for Buyers At NexTag.com

NexTag.com Inc. launched an online buying service today, where brand-name sellers compete for buyers. This is a switch from the popular e-commerce model where buyers bid against each other for products ...

Microworkz.com Teams With AT&T to Offer Free Internet Access

Microworkz.com Corp. announced late last week that it would begin offering free Internet access to all personal computer users in the U.S. beginning October 31, 1999 ...

Microsoft vs. AOL: Who Will Be Left Standing?

The ongoing cyber street fight between Microsoft and America Online over instant messaging is just the opening gamut of a battle between the two Internet titans that could end up shaking the foundations of both companies ...

Industry Heavyweights Join Forces on Internet Music

RealNetworks Inc., the top maker of software used to download music online, announced yesterday that it was teaming up with Warner Music Group, and Trans World Entertainment Corp., to let Internet users download and play songs for free from various Warner artists ...

Red Hat’s IPO Becomes an Acid Test for Linux

When Red Hat Inc., a seller of Linux software, makes it's debut on Wall Street this week, the world will be watching to see if the much-touted Microsoft-killer passes its biggest test of date: getting investors to pump money into it ...

Microworkz.com Teams With AT&T to Offer Free Internet Access

Microworkz.com Corp. announced late last week that it would begin offering free Internet access to all personal computer users in the U.S. beginning October 31, 1999 ...

Has the IPO Bubble Burst?

So far this week, four highly touted Internet initial public offerings have come out of the box flat. Some think their less than spectacular performance could be a signal that finally the supply of new IPOs has caught up with -- or exceeded -- Wall Street's demand ...

Cyberian Outpost and Tweeter Join Forces: Execs Talk About Venture

Cyberian Outpost, Inc., an online e-marketeer of computer products, and chain store Tweeter Home Entertainment Group, Inc. announced Monday that they have joined forces to sell consumer electronics via the Internet ...

Starbucks Should Switch To Decaffeinated Internet Strategy

Starbucks' new Internet strategy does little more than sugarcoat its weak earnings, so says a report released last week by Cambridge, Massachusetts-based Forrester Research, Inc. Furthermore, the report is highly critical of the Seattle, Washington specialty coffee retailer's "nebulous plan" to launch a lifestyle Internet portal ...

UK’s Gameplay.com IPO Shoots for 31 Million Pounds

The UK's Gameplay.com, an online computer game portal, hopes to raise 31 million pounds ($51 million US$) today, by selling 23 million shares in an initial public offering on London's Alternative Investment Market ...

1-800-Flowers.com and FTD.com to Make Wall Street Debuts

In an attempt to raise millions of dollars to fund their mounting expenses in an e-commerce "War of the Roses," FTD.com and 1-800-Flowers.com -- two rival online florists -- are slated to make their debuts on Wall Street this week ...

Have Mergers Sparked Insider Trading?

Internet merger mania is accelerating at a speed most analysts would have deemed impossible a few short months ago. The money being pumped into the mergers of high-tech companies has soared to $545 billion (US$) during the first six months of 1999 -- easily surpassing last year's record of $488 billion for the entire 12 months ...

Dell Joins Internet Fray

By announcing this week that it would be packaging one-year free Internet service with its PCs, Dell joined the crowd of companies fighting to capture new computer buyers. But the Round Rock, Texas giant hardware maker also showed that it too must begin focusing on e-commerce -- if it hopes to survive ...

Microsoft Gets a Taste of Its Own Medicine

Microsoft Corp. cried foul last week when America Online gave Bill Gates and Company a taste of its own medicine ...

Free PCs Boosting E-Commerce

An avalanche of computer sales sparked by the "Free PC" promotion between America Online and South Korean-owned eMachines is banishing the ordinary seasonal lull experienced by most electronics retailers this time of the year ...

Will Stockholders Tolerate Amazonian Losses?

Amazon.com may be hemorrhaging red ink, but at the same time the growth of its customer base is exploding. Its number of registered customers grew to 10.7 million from about 3.14 million a year earlier. So despite posting a $138 million (US$) loss last week -- when it reported the results of its second quarter -- its growth strategy is still firmly in place...

U.K.’s Freeserve to Debut on Wall Street

Freeserve, the U.K.'s top Internet-service provider, is poised to make its debut on Wall Street today in an attempt to raise money that could be used to thwart attempts by America Online to become the dominant online player in Great Britain ...

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