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DrDrew.com, a newly launched online community for young adults, announced today that it has secured a $7.5 million (US$) round of funding led by Softbank Venture Capital.

Media/portal company Excite@Home (Nasdaq: ATHM) announced today that it has launched Work.com, a service for business professionals and their companies. Excite@Home says the new site is the first part of a major initiative to develop a business portal that features vertical industry content, communi...

Healthcare portal WebMd, Inc., and sporting goods e-tailer Global Sports, Inc., announced today that they have joined forces to create a sports medicine and fitness e-commerce channel.

Destination site AltaVista announced today that it has entered into a $65 million (US$) strategic alliance with healthcare content and e-commerce provider HealthCentral.com. Under the terms of the three-year deal, HealthCentral.com will be the exclusive healthcare content provider for the upcoming A...

Lycos, Inc. announced that it has launched a new Web site for kids in an attempt to make the Internet a more family-friendly place to surf.

Anti-virus solutions provider Trend Micro, Inc. (Nasdaq: TMIC) has entered into a strategic alliance with WatchGuard Technologies, Inc. (Nasdaq: WGRD) to push its InterScan VirusWall product.

IT and network solutions provider Fujitsu Ltd. (Nasdaq: TMIC) has entered into a strategic alliance with Caldera Systems, Inc. to distribute OpenLinux. The deal marks Fujitsu's official entrance into the increasingly popular world of the Linux open-source operating system (OS).

Tokyo-based Sega Enterprises announced yesterday that it has forged an agreement with brokerage firm Nomura to add share trading to its roster of online games. The announcement is Sega's latest attempt to bring e-commerce onto its cheap Internet access platform.

Sun Microsystems, Inc. (Nasdaq: SUNW) and SoftCom, Inc. announced a joint marketing agreement yesterday that will aim to make streaming video a source of revenue on the Internet and on TV.

After an extended period of bickering and in-fighting, the U.S. Department of Commerce, the Internet Corporation for Assigned Names and Numbers and Network Solutions, Inc. have reached a series of agreements that will privatize the Internet domain name registration system.

Intel Corp. (Nasdaq: INTC), the world's largest chip maker, announced yesterday that it has a launched a new Internet services hosting business. The new billion-dollar venture, known as Intel Online Services, will provide "second-generation" Web hosting to companies worldwide.

Industry giant Amazon.com (Nasdaq: AMZN) will unveil a new shopping center tomorrow that will allow any retailer, large or small, to pay a fee and market its wares from a personalized page within the Amazon.com site. The new center, to be known as "zShops," is designed to help Amazon.com customers f...

The growing consensus among top industry leaders is that the standard e-commerce model of click and buy with no live interaction is going the way of the Commodore 64. In a word, e-commerce with a human touch is "in."

Foundry Networks, Inc. surprised Wall Street yesterday by closing up 525 percent and grabbing the number two spot for all-time first day IPO percentage gainers. The Sunnyvale, California-based company produces switches that make the Internet and e-commerce more efficient.

Online business developer idealab! has launched OpenSales, Inc., a new open-source software venture that will offer free e-commerce service, software and support.