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OrderTrust, a privately-held order processing/management services company, announced today that it has closed back-to-back rounds of funding for more than $33 million (US$). The funding was led by Federated-owned Fingerhut, the direct marketer/online retailer.

Software vendor Corel Corp. (Nasdaq: CORL) and systems manufacturer EBIZ Enterprises, Inc. (OTC BB: EBIZ) have announced a strategic distribution agreement that is designed to help push the Linux open-source operating system (OS) into the consumer arena.

Last week, Sun Microsystems, Inc. claimed that it gave away nearly 500,000 copies of its new office software in a matter of two weeks.

Nike, which had previously prevented online-only retailers from selling its products, announced yesterday that it has changed its stance. Beginning with the 1999 holiday season, online sporting goods retailer Fogdog Sports will offer Nike products to its customers as part of a strategic relationship...

Powered largely by an investment in community site GeoCities, Internet incubator CMGI (Nasdaq: CMGI) handily exceeded analysts' expectations yesterday by reporting record net income of $452.7 million (US$) or $4.74 per share for the fourth quarter. It had widely been expected that the company would ...

Lineo, Inc., formerly known as Caldera Thin Clients, has announced an agreement with MeterNet Corp. that is designed to power the set-top TV Internet access market with the Linux operating system (OS).

Fresh on the heels of a $16 billion (US$) strategic agreement signed last March, direct computer systems company Dell Computer and IBM have announced a seven-year pact that will make IBM Global Services available to Dell's corporate, government and education customers.

Cambridge, Massachusetts-based Akamai Technologies, a cutting-edge Internet content delivery service, announced Monday that Microsoft Corp. has made a $15 million (US$) investment in the company and will integrate its software into Akamai's expanding network.

Caldera Systems, Inc. has entered into a strategic partnership with MacMillan Publishing USA to market the OpenLinux operating system (OS) to the corporate world.

Internet infrastructure company InfoSpace.com, a provider of content and e-commerce services to affiliate Web sites, announced today that it has signed a definitive agreement to acquire Seattle, Washington-based company Union-Street.com. Union-Street.com offers a variety of business-to-business serv...

CyberTrust, a GTE company and provider of secure business-to-business e-commerce solutions, has received U.S. government approval to export its brand of digital certificate technology to eligible companies in 45 countries worldwide.

American Express announced Friday that it has developed an exclusive online shopping program that will steer its cardholders to special deals with selected online merchants who accept the American Express Card.

Seeking to leverage its e-commerce ties with some of America's leading sporting goods retailers, Global Sports, Inc. (Nasdaq: GSPT) announced today that it plans to launch a sporting goods auction site in the fourth quarter of 1999.

Carly Fiorina, Hewlett-Packard's new chief executive, appears to be one of the highest paid chief executives in the world.

National Internet service providers EarthLink(Nasdaq: ELNK) and MindSpring (Nasdaq: MSPG) announced a merger today that would create the nation's second-largest ISP and "offer a clear alternative to AOL."