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Online brokerage firm Web Street Securities, Inc. has filed for a $50 million (US$) initial stock sale to raise money for expansion and the buildup of its online capacities.
Last week, British Prime Minister Tony Blair commissioned a blue-ribbon panel to examine why U.K. e-commerce companies lag miserably behind the United States, Germany and France.
Benchmark Capital announced today that it is pumping $15 million (US$) into Nordstrom.com. The venture is one of the Menlo Park, California firm's largest investments ever in a single company. "Benchmark is extremely excited to be working with Nordstrom.com, a company whose brand and customer servic...
The antitrust case against Bill Gates & Co. is often the subject of this column. Gates, the world's richest man, attracts an exorbitant amount of admiration and loathing -- as do most giants of industry.
In a move designed to enhance its e-commerce clout, Exchange Applications, Inc., bought closely held software provider GBI today for $24 million (US$) in stock.
A new study done by Forrester Research Inc. shows that today's 16-to 22-year-olds have willingly embraced the Web in much the same way their parents once embraced cable television. However, unlike their parents, this demographic is a widely untapped resource for those e-marketeers astute enough to e...
Dell Computer Corp. announced today that it has updated and enhanced www.gigabuys.com, its online superstore. These new features, along with recently added Dell Auctions, Dellnet portal and Dellnet ISP, are part of an aggressive campaign to eliminate online shoppers ' needs to look elsewhere for pro...
Internet service provider PSINet Inc. announced today that it has made an agreement to buy Transaction Network Services Inc. for $45.28 a share in cash and stock, or $705 million (US$). Analysts say the move will give teeth to the Herndon, Virginia-based company's planned foray into e-commerce.
The stunning success of Red Hat Inc. has generated much attention for the once obscure Linux operating system. However, some wonder if the color of money will spawn the kind of greed that could end up spoiling the entire party.
For the second time in a month, Toys "R" Us Inc. has dropped the ball in its attempt to ramp up its e-commerce presence before the holiday shopping blitz.
Move over eBay, there's a new kid on the block. German media titan Bertelsmann AG has staked a claim to the burgeoning online trading market with the launch of its own Internet auction site.
America Online's latest spat with AT&T reveals that there are colossal egos nesting at the top of the number one online service provider.
Portal site operator Lycos Inc. announced yesterday that it has exceeded Wall Street's expectations by achieving operational profitability in its fourth fiscal quarter.
Last week, AltaVista, a popular search engine and Web portal, joined a growing number of companies that have begun offering free Internet access to consumers.
A new surge of e-commerce investments in Europe will boost the number of regional Web start-ups, forcing traditional players to rethink their strategies -- so says a new report from Cambridge, Massachusetts-based Forrester Research Inc.
AmericanGreetings.com Inc., an online card company that enables people to send birthday and thank you cards via the Internet, announced Friday that it has filed for a $60 million (US$) initial stock sale.
LookSmart Ltd., a Web directory and search tool, and iEscrow Inc., a provider of online escrow services, announced today that they have teamed up to distribute a new tool that will make it easier for webmasters and smaller sites to accept transactions online. The Buy It! Button, recently developed b...
The day after Red Hat Inc. stock more than tripled on its initial Wall Street debut last week, Canadian software developer Corel Corp. said it expects its Linux revenue to skyrocket next year.
This week, Microsoft Corp. and the U.S. Justice Department each filed yet another legal brief in this never-ending antitrust saga fought over the software giant's past marketing activities. In the government's telephone-book-thick summary, it once again repeated a litany of charges that boil down to...
Last week, American Express gave online banks, insurance companies and travel agencies an abrupt wake up call when it suddenly flexed its Internet muscles.
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