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According to a new report by Forrester Research, Inc. traditional financial services that fail to reinvent themselves quickly will not survive in a marketplace driven by Net-powered consumers.

In sports, the superstars always seem to get the good press, while the solid utility players rarely get noticed.

Internet gift delivery business CarePackages.com has capitalized upon an untapped e-commerce niche with its Halloween-themed ScarePackage.

Walgreen Co., the largest drugstore chain in the United States, announced yesterday that it is attempting to keep pace with the rapidly-developing Internet pharmacy market by launching an entirely revamped walgreens.com Web site.

Yesterday, the U.S. House of Representatives joined the Senate in passing a bill that would prevent cyber-squatters from holding a company's trademark hostage.

According to a University of Texas study funded by Cisco Systems, Inc., e-commerce in the U.S. skyrocketed 127 percent from the first quarter of 1998 to the first quarter of 1999.

As one of the pioneering Internet search engines, AltaVista is hoping that a combination of revamping its Web site and a $120 million (US$) ad campaign will be enough to catapult it out in front of Yahoo! and America Online.

A new study of UK e-commerce has found that 27 percent of those surveyed have purchased goods online and 49 percent have used the Web to compare the prices of goods and services.

Last Thursday, Amazon.com filed suit against barnesandnoble.com in U.S. District Court, alleging that its online book-selling rival illegally copied and implemented a patented shopping feature.

Microsoft Corp. and Japanese cell phone company NTT Mobile Communications Network, Inc. (NTT DoCoMo), are joining forces to offer Japan's 27 million cellular phone customers wireless Internet access.

Drkoop.com, Inc., the Internet healthcare network led by former U.S. Surgeon General C. Everett Koop, announced today that a record 14.7 million page views for September has made it the Web's most visited health site.

As low-cost online investment firms such as E*Trade and Ameritrade, Inc. continue to lure investors away from the brick-and-mortar brokerages, many industry observers believe that it is only a matter of time before the traditional pillars of Wall Street become obsolete.

Excite@Home (Nasdaq: ATHM) announced today that it has agreed to purchase online greeting card company Blue Mountain Arts Publishing for approximately $780 million (US$) in cash and stock, with the possibility of a bonus stock issue that would push the deal above $1 billion.

America Online, Inc. and interactive television software developer OpenTV announced today that they are joining forces to deliver AOL applications to consumers via OpenTV's interactive television platform.

Internet postage provider Stamps.com announced today that it has acquired privately-held iShip.com for stock worth $300 million (US$).

A decision made earlier this week by the Miami, Florida county commissioners must have sent shock waves all the way to the Dulles, Virginia headquarters of America Online.

Ace Hardware Corp. and OurHouse.com have announced plans to pump more than $100 million (US$) into a new joint e-commerce venture.

Earlier this week, Encyclopaedia Britannica, Inc. responded to its troubles by announcing that it will split its digital properties off into a separate company and revamp its Web site to offer the contents of its 32-volume set online for free.

Number one online service AOL has announced a cross-promotional agreement with Gateway, Inc. that will pump $800 million (US$) in cash and stock into the number two computer reseller.

Just two months after online toy seller eToys, Inc. announced European expansion plans, it has launched a United Kingdom version of its popular Web site.