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Oklahoma City-based CD Warehouse, Inc.(Nasdaq: CDWI) and Canadian music retailer CD Plus.com Ltd. announced today that they have signed a letter of intent to merge and create the fourth-largest music retailer in North America.

A newly-created investment fund backed by Lycos (Nasdaq: LCOS) and a group of venture capital firms announced today that it has invested $8 million (US$) in three companies, two of which have recently filed for initial public offerings.

Through newly-established alliances with Dell Computer Corporation and MCI/WorldCom subsidiary UUNET, Eastman Chemical Company (NYSE:EMN) will attempt to foster e-commerce in the chemical industry by offering hardware and Internet access to its customers.

In an effort to outduel the U.S. Post Office and FedEx for the steadily-growing number of Internet sales shipments, United Parcel Service will introduce free "fenced" Internet service next year that will permit companies without Web access to utilize its online services.

In yet another effort to translate a common brick-and-mortar retail concept to cyberspace, Spun.com unveiled a new site yesterday that will provide Internet surfers with a market to buy, sell and trade CDs.

Internet and network security solutions provider CRYPTOCard's authentication server is set to ship with the application CD that will be included in boxed editions of the forthcoming Red Hat (Nasdaq: RHAT) Linux operating system (OS).

Things Remembered, Inc., America's largest retailer of personalized gifts, launched Thingsremembered.com yesterday in an attempt to position itself to capture the lion's share of online holiday gift shopping.

American Express (NYSE: AXP) announced today that it will expand its online trading presence by launching a new online brokerage. The new American Express Brokerage, set to debut later this fall, will combine online investment and financial planning tools with access to financial advisors.

E-tail giant Amazon.com announced today that shoppers will be able to use 3Com Corp.'s Palm VII electronic organizer to make purchases on its Web site.

Online travel sites Travelocity.com and Preview Travel (Nasdaq: PTVL) announced a merger today that will create an e-commerce entity with more than 17 million registered members and more than $1 billion (US$) in projected 1999 sales. The companies say that the merger will create the largest e-commer...

According to a new report by Forrester Research, Inc., America Online's new Shop@AOL is the only portal worth the hassle.

Seeking to widen its presence in the already-expanding Japanese Linux market, Linuxcare, Inc. announced Friday that it has entered into a certification, service and support-based strategic partnership with Inter Space Planning Corporation (ISP).

According to a recent study by the Annals of Internal Medicine, high drug prices and low accountability are pervasive on Internet pharmacy sites. The report was slated for the December 1999 issue, but editor Dr. Frank Davidoff felt that the study's public health implications warranted an early relea...

Pensacola, Florida-based G & L Internet Bank is set to launch a new service that will take advantage of Internet anonymity to help gay and lesbian banking customers avoid the "financial bashing" that founder Steven Dunlap argues is rampant in the business community. The new site, set to launch o...

Microsoft co-founder Paul Allen has continued his push to combine Internet content with state-of-the-art delivery networks by investing $1.65 billion (US$) in RCN (Nasdaq: RCNC), a Princeton, New Jersey-based telecommunications company.