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Internet content service provider Akamai Technologies (Nasdaq: AKAM), fresh off of one of the most successful initial public offerings in U.S. stock market history, announced yesterday that it has signed more than 100 customers since the introduction of its high-speed service in April Emerging from the SEC-imposed quiet period that precedes and fol...
In an effort to outduel Bill Gates-owned competitor Corbis, online image provider Getty Images, Inc. (Nasdaq: GETY) announced today that it has completed a $183 million (US$) acquisition of Eastman Kodak subsidiary The Image Bank The Seattle, Washington-based Getty financed the cash acquisition earlier this month by selling six million shares of co...
America Online announced today that Buenos Aires-based financial services Web site LatinStocks.com has signed an agreement to provide the giant online service provider with content and online stock trading Under the terms of the deal, AOL will take an undisclosed minority stake in LatinStocks.com.
Online brokers are the focal point of a 95-page report that was just issued by the U.S. Securities and Exchange Commission (SEC) In the report, the SEC pointed out instances where online brokers may become subject to the same suitability rules that now govern their brick-and-mortar counterparts.
Riding a wave of optimism after China's recent agreement with U.S. officials to enter the World Trade Organization (WTO), China.com (Nasdaq: CHINA) announced today that it has entered into a joint venture and acquired majority stakes in three companies China.com -- the first Asian Internet company listed on a U.S. stock index -- took stakes in iCon...
Originally a division of Nortel Networks in Ottawa, Canada, Entrust Technologies, Inc. (Nasdaq: ENTU) spun off as a separate international provider of electronic security solutions in December of 1996 The Plano, Texas-based company has three product lines, including core PKI, toolkits and desktop solutions, and is currently entering the market for ...
According to a new study by research firm Jupiter Communications, Inc., more consumers than ever plan to shop online this holiday season, but poor customer service could turn those eager spenders off Web sites have been slow to implement creative, effective new ways to address customer concerns, Jupiter says, noting that e-mail addresses are no lon...
E-commerce infrastructure companies are the stars of Wall Street right now, with stocks that most people have never heard of rising to hard-to-believe heights Companies such as Commerce One (Nasdaq: CMRC) and Ariba (Nasdaq: ARBAI), which develop solutions that power e-commerce business, may well have the brightest of futures, but are still in the r...
While the results of International Data Corporation's (IDC) Project Atlas, a worldwide survey of Internet usage, confirm that the Internet and e-commerce are now truly a global phenomenon, conventional views about different countries' usage are often surprisingly off the mark "What was unexpected were the differences between individual countries," ...
America Online and United Artists Theatre Circuit announced an agreement today that will make expanded movie information and ticket sales available on all AOL brands, including AOL.COM, Netscape, CompuServe, ICQ, Digital City and Spinner United Artists will receive premier positioning on AOL through AOL MovieFone, a listing guide and ticketing serv...
Discount brokerage TD Waterhouse (NYSE: TWE) announced Monday that it has continued its overseas expansion by launching an online service for the UK market The New York-based brokerage -- the world's second-largest in terms of trading volume -- said that it will offer commission-free trades until January 8th, as it rolls out its inaugural service a...
America Online (NYSE: AOL) announced today that it has bulked up its already-popular personal finance channel by signing a five-year agreement with Intuit (Nasdaq: INTU) to offer an online service for household billing Aimed at the small business and personal finance market, the service will be offered across multiple AOL brands by early next year,...
According to Goldman Sachs and PC Data Online, the 1999 holiday shopping season kicked off the week of November 12-16 with a 17 percent spike in online gift buying. The uptick bucked an overall drop in Internet spending for that week The total amount of money spent online last week was $208 million (US$), down from $222 million the prior week. More...
Internet banking services provider Digital Insight (Nasdaq: DGIN) announced yesterday that it is purchasing rival nFront (Nasdaq: NFNT) in a stock-for-stock exchange When the acquisition was announced, the value of the deal was about $439 million (US$), which represented a 55 percent premium over nFront's value after the markets closed on Friday. T...
When the federal judge in the Microsoft antitrust trial appointed Chief Judge Richard Posner, of the U.S. Court of Appeals in Chicago, Illinois, to mediate talks aimed at resolving the case, many experts were caught by surprise By naming a mediator, Judge Thomas Penfield Jackson sent the subtle but clear signal that he expects the government and Mi...
According to the November 22nd issue of PRWeek, U.S. presidential candidate Bill Bradley has combined e-commerce technology, an increasingly-popular message and the reach of the Internet to raise the most cyber dollars for the 2000 presidential campaign The same technology that has propelled e-commerce is also functioning as the method through whic...
The results of separate inquiries by the U.S. Securities and Exchange Commission (SEC) and the New York State Attorney General are warning online trading firms to clean up their acts or risk regulatory crackdowns The SEC wants to see an increased amount of discussion between trading companies and SEC staffers to develop regulatory strategies that w...
Internet portal Lycos, Inc. announced today that it will spend $270 million (US$) in stock to acquire Boston, Massachusetts-based gaming site Gamesville.com Gamesville.com has increased traffic to its site by 300 percent in the last year, the companies said, and has approximately 2.2 million registered users. According to Media Metrix, the site has...
Online bookseller Alibris has agreed to plead guilty and pay a $250,000 (US$) fine in order to retire federal charges that it intercepted Amazon.com internal e-mails and possessed unauthorized password files While the plea and fine may seem insignificant when compared with other recent court settlements, this case could possibly have implications o...
Prodigy Communications Corp. announced the merger of its consumer and small business units with regional telephone company SBC Communications, Inc. today, becoming one of the first beneficiaries of a recent U.S. government order for phone companies and Internet service providers to share phone lines Prodigy will take over management of SBC's 650,00...
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