Archive

In its first move to capitalize on its purchase of Ameritech Corp., SBC Communications, Inc. opened its checkbook today for a $6 billion (US$) expansion into the high speed Internet service provider business.

Investment bank Hambrecht & Quist (NYSE: HQ) announced today that it will distribute shares of its lead-managed initial public offerings and other equity offerings through online broker Ameritrade (Nasdaq: AMTD).

Retail giant Neiman Marcus (NYSE: NMG) announced the launch of an e-commerce Web site today that will offer apparel, accessories, home furnishing and holiday gifts to upscale buyers.

Pervasive Software, Inc. (Nasdaq: PVSW) has moved its SQL 2000 server for developing e-commerce applications into the open-source arena by making it available to developers working with the Linux environment.

OpenGrid, Inc., a developer of instant messaging for wireless devices, announced today that it has received more than $8 million (US$) in backing from Motorola and Starfish Software CEO Philippe Kahn.

Pay TV programmer Showtime Networks' SHO.com will launch the first live boxing pay-per-view event on the Internet October 23rd, putting up five different camera angles of the Mike Tyson vs. Orlin Norris bout from Las Vegas, Nevada.

Investment bank Hambrecht & Quist (NYSE: HQ) announced today that it will distribute shares of its lead-managed initial public offerings and other equity offerings through online broker Ameritrade (Nasdaq: AMTD).

This week, when E*Trade Group, Inc. reported a $27 million loss (US$) in its fiscal fourth quarter, both the press and company officials spun this negative development into positive news.

Austin, Texas-based Mall.com, Inc. has announced that its multi-retailer Web site will launch this Sunday to coincide with the televised Mall.com 500 Indy Racing League Championship on ABC.

In a precursor to its integration into the NBC Internet conglomerate, Xoom.com, Inc. (Nasdaq: XMCM) announced a deal yesterday with FreeShop.com (Nasdaq: FSHP) to create a section on its site for FreeShop's varied offerings.

In an effort to "capitalize on the emerging Internet economy and electronic commerce," Thomson Consumer Electronics, Inc. announced yesterday that it is putting its RCA brand consumer electronics products on sale on the Internet and will ship orders directly from its warehouses to consumers.

The holiday shopping season is almost here. While most small retail business owners and managers know they would like a bigger piece of the online holiday sales action this season, many do not know what they should be doing about it. No need to despair: Quick action now can make it happen.

eSoft, Inc. (Nasdaq: ESFT) has added to the momentum of the open-source software market in the Asia-Pacific region by signing a distribution agreement with Singapore-based IT Resources Pte Ltd.

Online auto retail referral site Autobytel.com(Nasdaq: ABTL) announced today that it has agreed to acquire A.I.N. Corporation, the owner of CarSmart.com, in a cash and stock deal valued at $31.8 million (US$).

As part of the magazine industry's continuing effort to find its footing on the Web, Conde Nast's Internet division CondeNet will begin selling Williams-Sonoma products on its Epicurious Web site on November 1st.