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IBM announced the formation of an online business-to-business (B2B) marketplace Tuesday involving ten powerful telecommunications and electronics companies Big Blue is developing the new hub, named e2open.com, with some of the biggest names in technology, including Ericsson, Hitachi, LG Electronics, Matshushita, Motorola, Nokia, Nortel Networks, Ph...
The U.S. Department of Justice (DOJ) has cleared the way for AT&T (NYSE: T) and MediaOne (NYSE: UMG) to merge if the two companies sell their interests in Road Runner, the country's second largest cable Internet service AT&T already has a controlling interest in ExciteAtHome, the largest provider of high-speed Internet access in the United States.
The U.S. Department of Justice (DOJ) has cleared the way for AT&T (NYSE: T) and MediaOne (NYSE: UMG) to merge if the two companies sell their interests in Road Runner, the country's second largest cable Internet service AT&T already has a controlling interest in ExciteAtHome, the largest provider of high-speed Internet access in the United States.
In an announcement Thursday that is sure to further unsettle agents and brokers who fear that their profession may soon be obsolete, Aetna, Inc., a $1 billion (US$) life insurance company that covers 10 million Americans, unveiled plans to sell group life insurance online The news came just one day after ING Group, the largest Dutch financial servi...
The U.S. Department of Justice (DOJ) has cleared the way for AT&T (NYSE: T) and MediaOne (NYSE: UMG) to merge if the two companies sell their interests in Road Runner, the country's second largest cable Internet service AT&T already has a controlling interest in ExciteAtHome, the largest provider of high-speed Internet access in the United States.
Last Friday, employees of Toysmart.com showed up for work as usual only to discover that the Internet startup was shutting down. Though not a complete surprise to some, the news jolted many Toysmart workers Some of them had been lured from thriving brick-and-mortar companies as recently as a year earlier with promises of new challenges and future r...
A U.S. federal judge issued a preliminary injunction Thursday against Bidder's Edge, barring the auction portal from searching the eBay site for auction information The injunction, issued by U.S. District Court Judge Ronald Whyte, will go into effect June 8th. The court granted the motion on the grounds that eBay was likely to succeed at trial on i...
A U.S. Congressional hearing Thursday revealed that government officials are growing increasingly frustrated by jurisdictional problems in the battle against illegal drug sales online, and have made little concrete progress in the effort William Hubbard, a senior Food and Drug Administration (FDA) associate commissioner, said that criminal operatio...
Internet pure-play toy retailers continue to outdo their brick-and-click competitors in performance and value, according to a report issued Friday by Forrester Research Forrester said its second annual "power rankings" -- survey data compiled from online consumers and unbiased shopping tests -- put Web-based toy retailers in the top three spots, wi...
With Wednesday's vote in the U.S. House of Representatives paving the way for China's entry into the World Trade Organization (WTO), there is growing anticipation about the opening of trade with China Doing business on the Internet is going to change the way China does business. The recent European Union agreement, for example, requires China to op...
In an effort to solidify its long-term relationship with the world's number one ISP, WorldCom (Nasdaq: WCOM) has announced plans to market America Online (NYSE: AOL), to its customers and offer long distance calling credit as an incentive for new AOL subscribers The plan is designed to make WorldCom a valuable partner for AOL, which, after the prop...
Name-your-own-price company Priceline.com (Nasdaq: PCLN) announced on Thursday that it will offer long distance telephone service through an agreement with several Internet Protocol (IP) telephony industry leaders Net2Phone (Nasdaq: NTOP), Deltathree.com (Nasdaq: DDDC) and ZeroPlus.com (Nasdaq: ZPLS) will participate in the telephone plan, which is...
Earlier this week, the well known San Francisco, California-based Hummer Winblad Venture Partners agreed to pour $15 million (US$) into popular music-swapping site Napster, stirring up another hornet's nest of controversy in the music industry Hummer Winblad's action begged the question: Why would anyone invest in a music company that is struggling...
U.S. District Court Judge Thomas Penfield Jackson dropped a bombshell in the ongoing Microsoft antitrust case Wednesday when he revealed that he is leaning toward splitting Microsoft Corp. into three parts, rather than the two proposed by the U.S. Department of Justice (DOJ) The three-way split had been suggested to the court in an amicus brief (fr...
The raging debate over online music moved to Capitol Hill Wednesday, as several music industry insiders testified before the U.S. House Small Business Committee Wednesday's hearing was classified as an information-gathering endeavor to "examine the new market possibilities for small music labels and entrepreneurs created by the Internet." ...
The U.S. House of Representatives voted 237-197 Wednesday to grant China permanent normal trade relations, drawing plaudits from high-tech CEOs, unions and trade organizations "The outcome of this vote was critical, not only to U.S. high-tech companies, but also to the economy," said Intel chairman Andrew Grove.
E-commerce business-to-business (B2B) platform provider Ariba and logistics software provider Descartes inked a deal on Tuesday that will connect buyers, suppliers and marketplaces on Ariba's B2B Commerce Platform with transportation carriers and shippers in Descartes' Global Logistics Network Both companies expect to gain new customers from the de...
Catalog-and-click retailer Lands' End has introduced a virtual spin to this year's bathing suit shopping season by making its interactive"Personal Model" available to online shoppers who want to see what different swimsuits would look like on their body type. The feature allows anonymous or registered shoppers to choose from a variety of face shapes, hair colors, skin tones and physical proportions to create custom models that "try on" Lands' End swimwear. The models can be turned around to show several different views...
Monday's news that the U.S. Federal Trade Commission (FTC) wants Congress to pass tough new online privacy laws sent shock waves through the e-commerce world that are still reverberating days later Internet companies were already hard at work on their own privacy guidelines and hoped to avoid any moves by the government to shove onerous regulations...
In what could be the most aggressive move yet in the online travel war, Biztravel.com announced Tuesday that it will offer refunds to customers whose flights are late or cancelled Customers who buy their tickets from the site will be compensated for flights delayed or cancelled by American Airlines, Continental Airlines, US Airways, British Airways...
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