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Shopping portal Espanol.com launched its service yesterday, becoming the latest in a long line of Spanish-language Web sites to target the Spanish-speaking market in the United States and Latin America The Wakefield, Massachusetts-based site will initially sell Spanish-language books, music and videos and will ultimately end up offering jewelry, el...
Interactive Pictures (Nasdaq: IPIX) and bamboo.com (Nasdaq: BAMB), two of the leading providers of interactive pictures for the Internet, announced today that they have agreed to a merger valued at approximately $850 million (US$) The two companies said that they will exchange stock in a 50/50 merger, with IPIX shareholders receiving 1.36 shares of...
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. The 50-50 joint venture, Mobimagic Co. Ltd., will be a Japanese corporation, and will develop and market mobile data services for users of NTT DoCoMo's wireless networks. Once established, Japanese users will be able to retrieve files from home or office PCs over the phone, read their e-mail and view calendars using Microsoft's Windows CE operating software.
Go2Net (Nasdaq: GNET), the online network backed by Paul Allen's Vulcan Ventures, announced today that it has acquired free Web site building and hosting service FreeYellow.com Go2Net will pay $19.5 million (US$) in cash and stock for FreeYellow.com, which reached more than 1.8 million unique users in September, according to Media Metrix. FreeYello...
Publicly held telecommunications giant GTE filed a lawsuit against TCI and Comcast yesterday in an attempt to gain access to the two companies' Excite@Home Internet service Calling the suit an "anti-trust" action, GTE is alleging that TCI, the cable division of AT&T, and Comcast have refused to allow other telecommunications providers to market bro...
What does it take to elbow your way to the top in the e-tailing wars? Price? Brilliant customer experience? Viral stickiness? ...
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 This legal action comes only a week after priceline.com filed a similar suit against software giant Microsoft Corp., claiming that Microsoft's Expedia.com In...
A U.S Court of Appeals ruled yesterday that dominant domain name registrar Network Solutions Inc. (Nasdaq: NSOL) is not legally responsible when it approves a domain name that results in a trademark infringement The 9th U.S. Circuit ruled 3-0 in favor of NSI in a case first filed by aeronautics company Lockheed Martin in 1996. The suit accused NSI ...
Apple Computer, Inc. (Nasdaq:AAPL) has released its new Mac OS 9 operating system, featuring a search engine that is designed for personalized online shopping OS 9's "Sherlock 2" allows shoppers to find products, compare prices and availability and participate in online auctions, which are rapidly becoming one of the Web's most widely used attracti...
A U.S. House of Representatives bill to bancyber-squatting, the use of trademarked names as Internet domain names by people who do not hold the trademarks, has passed the Judiciary Committee and could come up for a vote as early as tomorrow. The bill, introduced in the House on October 6th, is largely unchanged from the text of a bill sent over from the Senate on September 8th. That bill moved through the Senate in just five weeks, sustaining only minor alterations and little debate. The House version includes the same general prohibition against cyber-squatting, adding a section defining the illegal use of trademarks in Internet domain names to the Trademark Act of 1946.
Internet postage provider Stamps.com announced today that it has acquired privately-held iShip.com for stock worth $300 million (US$) The agreement will combine iShip.com's Web-based multi-carrier shipping technology with Stamps.com's core Internet Postage service, providing customers with one-stop access to mailing, shipping and tracking services,...
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 Industry observers feel that this move is the latest by the number one online service provider to counter the thrust that rival Microsoft Corp. i...
As it aggressively prepares for large Internet traffic despite not determining how to regulate its Internet economy, China unveiled its third major telecommunications carrier and warned that new laws may exclude foreign investment in China's Internet service providers (ISPs) and content providers The China Netcom Corp (CNC) is building a 20-gigabyt...
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 According to Media Metrix, an online Internet and Digital Media measurement...
Intel Corp. (Nasdaq: INTC) has increased its investment in the Linux environment by enabling online professional users to bring Gigabit Ethernet performance to their Linux-based Internet operations and working with the open-source community to foster Internet-enabling product development The chip titan will add the Linux Gigabit driver and related ...
Indicating that Detroit automakers have recognized the power of e-commerce, General Motors has launched an Internet-based used car dealership that may become a prototype for stores nationwide In spite of objections from dealerships who are unsure about the prospect, GM has moved ahead with its plans to sell used cars online.
In an effort to jumpstart its standing among Yahoo! and other leading power players, Internet portal Alta Vista unveiled its revamped look today The launch will be accompanied by a $120 million marketing campaign that Alta Vista executives hope will lead to increased recognition among Web consumers.
In a bid to compete with AOL and other industry leaders, Lycos, Inc. (Nasdaq: LCOS) has unveiled a 1000-plus merchant shopping portal that it says more closely emulates a real shopping experience The Waltham, Massachusetts-based network has been working on LYCOShop and its "integrated marketplace" for the last year, and today touted the synergy bet...
We've seen big news in Internet lawsuits this week. Priceline attacks the 800-pound Microsoft gorilla for using the"name-your-own-price" business model, and Amazon tries to clobber arch-enemy barnesandnoble.com for using the "1-click" easy-to-buy technology. Are these actions simple coincidence, or is there something in the Internet water that's making these previously sweet dot-coms pick up the heavy artillery? ...
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 In fact, the pressure is so intense that many big name brokerage houses are bein...
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