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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 ...

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 on October 11th, will offer Internet and telephone banking, personal and business checking and savings accounts, and a variety of related financial services...

Less than a week after Amazon.com muscled into the online shopping mall market with its new zShops feature, other online portals have begun to fight back with a variety of creative strategies ...

House Policy Committee Chairman Christopher Cox (R-California) and Senator Ron Wyden (D-Oregon) launched a bipartisan effort yesterday that calls upon the Clinton administration to support a permanent moratorium on global Internet e-commerce tariffs at November's World Trade Organization meeting in Seattle, Washington ...

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 AltaVista Health Channel, subject to certain conditions the companies did not disclose...

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 ...

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 find everything on their shopping lists without ever having to leave the Amazon.com Web site...

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 ...

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 report income of only $4.08 per share ...

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 ...

Online postage retailer E-Stamp Corp. has received a $5 million (US$) infusion of cash from two German companies and will use it to build on the 10,000 customers it has signed up since launching August 9th ...

Name-your-price pioneer priceline.com will license its patented business method to WebHouse Club, Inc. and start marketing groceries to 11 million consumers in New York, New Jersey and Connecticut ...

Ohio government officials and private industry leaders will commit more than half a million dollars over the next three years to developing an e-commerce plan for the state. The program, which is intended to keep Ohio ahead of the e-commerce curve, will receive $450,000 (US$) in state funds ...

Online shopping mall OutletZoo.com is attempting to revolutionize the online shopping market by selling brand name merchandise through its proprietary "automatic price drop" system. The technology, which was developed by JEM Computers, drives prices as low as the market will bear through a virtual inverse of online auctions ...

Borrowing a marketing lesson from the rapid rise of telephone calling cards, Cybermoola Inc. introduced a pre-paid debit card yesterday that is designed to let teens purchase items online without needing access to a parent or guardian's credit card ...

JB Oxford & Co. (Nasdaq: JBOH), one of dozens of stock brokers that have added an online trading arm to their standard Wall Street trading services, has further expanded its purview by becoming an Internet service provider ...

Twinbays.com China has signed Beijing's largest department store operator to be a new vendor on the Twinbays auction site, bringing the credibility of a major name retailer and a slice of its Internet sales receipts to the online service ...

Amazon.com (Nasdaq: AMZN) ventured into the private-label product market today with the launch of Amazon.com's Bag Shop. The new feature offers a custom-designed collection of six bags, which range in price from $29.99 to $79.99 (US$) and are designed to be "a high-quality, highly functional, fashion-forward product." ...

According to a new study by the Information Technology Association of America, about one third of American adults would be less inclined to buy products on the Internet if those purchases were taxed. The unsurprising data was released in conjunction with the Advisory Commission on Electronic Commerce's two-day meeting on Internet taxation ...