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Arizona Senator and Republican presidential candidate John McCain's recent record online fundraising tally of $500,000 (US$) in one day signals the arrival of a key new factor in the U.S. political process, according to a new report by Forrester Research.

Avis Europe and U.S.-based e-commerce solutions provider Navidec (Nasdaq: NVDC) announced today that they are forming a joint venture to sell used rental cars worldwide over the Internet.

Giant Internet investor Softbank gave Toys "R" Us (NYSE: TOY) a much needed vote of confidence Thursday by announcing that it will take a $57 million (US$) minority stake in the toy maker's Toysrus.com online subsidiary.

The E-Commerce Times, the world's leading e-commerce news portal, has been selected by Forbes Magazine as one of the top ten technology news sites on the Internet. The ranking appears in Forbes "Best of the Web" Spring Edition, dated February 28, 2000.

Virginia Governor James Gilmore, the head of the Advisory Commission on Electronic Commerce (ACEC), said Wednesday afternoon that he is not backing off his opposition to taxation on the Internet as was widely reported.

Compaq Computer Corp. (NYSE: CPQ) and online security firm Baltimore Technologies (Nasdaq: BALT) announced an agreement Wednesday that will provide security solutions for Compaq's e-commerce operations and other e-business customers.

The recent series of denial-of-service (DoS) attacks on some of the Internet's most popular Web sites rocked cyberspace and called into question whether the online community is truly able to handle the massive amount of activity that it now sees.

The Internet Capital Group (ICG) announced Thursday that it has agreed to acquire an interest in eCredit.com for $450 million (US$) worth of ICG common stock. ICG has investments in 29 companies that provide a variety of business-to-business (B2B) services.

eSoft, Inc. (Nasdaq: ESFT), the developer of the TEAM Internet Linux software suite, announced a strategic alliance Wednesday with Gateway, Inc. (NYSE: GTW) to advance Linux-based Internet software and services to small and mid-sized businesses.

A nationwide poll of U.S. industrial firms shows that most are not engaging in extensive business-to-business (B2B) e-commerce, according to the National Association of Manufacturers (NAM).

By all accounts, the much-ballyhooed concept of online banking is still struggling to assert itself. In fact, according to a recent report by research firm eMarketer, about half of all customers who sign up for online banking cancel the service.

Number two U.S. automaker Ford Motor Company said today that it will form a joint venture with business software and e-business solutions company Trilogy Software to develop and operate its consumer Web sites.

District Judge Thomas Penfield Jackson dealt Microsoft Corp. a significant blow in its ongoing antitrust trial yesterday by comparing the software company to John D. Rockefeller's 19th century Standard Oil monopoly that was broken up by the U.S. government some 90 years ago.

CourtLink, a provider of real-time online access to court documents in the U.S. federal system, and JusticeLink, an Internet provider of electronic document filing to courts, announced today that they intend to merge and create a fee-based Internet gateway to U.S. court systems.

Last December, when Canadian startup Zero-Knowledge Systems, Inc. began selling a service that allows Internet users to choose fictitious names for such activities as sending e-mail, visiting Web sites or joining newsgroups, I was not at all impressed.