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Seeking to bolster its position in the online video sales market, e-commerce giant Amazon.com (Nasdaq: AMZN) is featuring footage not used in either the box office or home video version of The Blair Witch Project, a low budget production that has improbably become the most profitable film ever produced The "newly discovered" footage is the first li...
Musicland Stores Corp. and NetFlix.com began a cross-promotion program yesterday with links on NetFlix.com and Musicland's SamGoody.com retail site. The partnership is designed to promote awareness and sales of the digital versatile disc (DVD) DVDs are about the size of music compact discs, but carry movies and other video and audio content. The tw...
Embattled French bank Paribas announced Friday that it will launch Europe's first cross-border Internet brokerage by the end of the month and will team up with American online brokerage firm Ameritrade to sell European stocks to U.S. investors by year's end The Paris-based bank, which is currently embroiled in a takeover bid by rival Banque Nationa...
iWeb, a developer of technology that allows Internet service providers to subsidize free Internet access with e-commerce services and advertising, announced Thursday that it has secured a $3 million second round of financing. The round was led by marketing and communications firm Young & Rubicam iWeb's first product, iNotes, uses patent-pending sof...
This week, a trio of powerful Internet companies and the United Nations launched what is being billed as "The world's most powerful site to fight extreme poverty." The opening of NetAid by U.S. President Bill Clinton, British Prime Minister Tony Blair and former South African President Nelson Mandela was both symbolic and practical, as it channeled the power of e-commerce into the arena of social responsibility...
Online auctioneer FreeMarkets, Inc. will attempt to raise as much as $70 million (US$) from an initial public offering The Pittsburgh, Pennsylvania-based business-to-business auctioneer specializes in helping companies sell items such as industrial equipment and raw materials over the Internet.
Facing pressure from competitors and the stock market, Priceline.com announced that it set a single-day sales record by selling more than 10,000 airline tickets Thursday The Stanford, Connecticut-based online pricing system -- which allows customers to name their own price for plane tickets, hotels and rental cars -- was selling 1,000 tickets on av...
Hewlett-Packard Co. announced Friday that it is teaming with StarMedia Network (Nasdaq: STRM), the largest Spanish-language and Portuguese-language online service in the world, to help merchants put their wares online HP plans to bring its "Commerce for the Millennium" integrated e-commerce solution -- which the company has successfully deployed in...
E-commerce solution provider Unify Corp. (Nasdaq: UNFY), announced this week that two of its forthcoming Internet software releases will be certified to run on the Red Hat, Inc. (Nasdaq: RHAT) distribution of the Linux operating system (OS) The move, which builds upon a strategic developer partnership established in May, will allow users of Unify's...
Shares of online mortgage provider Mortgage.com (Nasdaq: MDCM) soared more than 11.5 percent on Wednesday, gaining 1-13/16 to 17-1/2. Mortgage.com benefited from a strong buy rating and a $28 price target from U.S. Bancorp Piper Jaffray, which was a co-manager for the company's recent initial public offering. One day earlier, Mortgage.com received a buy rating from Credit Suisse First Boston, which was the lead underwriter of the company's IPO...
Last week, a Canadian programmer stumbled upon an obscure digital "signing key" labeled "NSA Key" in the latest version of Microsoft's NT software. The discovery led him to accuse Microsoft of putting in a secret "back door" that allows the National Security Agency to snoop into the files of unsuspecting PC users Microsoft immediately denied the ch...
According to industry analyst Zona Research, Inc., Yahoo! Inc.'s new online bill-paying service has the potential to change the e-commerce landscape forever The new Yahoo Bill Pay service will allow users to electronically pay any U.S. biller, including companies and individuals. Those who aren't able to accept electronic payments will be mailed a ...
In a move designed to coincide with the start of the new school year, Student Advantage, Inc. (Nasdaq: STAD) is expanding its Internet sales operation by bringing in five new online retail partners. The company is also expanding its marketing efforts through the brick-and-mortar stores of its current partners Student Advantage added textbooks.com, ...
Blending what they believe to be the right mix of Internet technology, financial resources and traditional design sense, GoodHome.com and nHabit.com announced a merger Thursday. Under the terms of the agreement, nHabit.com will be folded into the GoodHome.com name GoodHome.com will now become one of the largest Internet home furnishings companies, ...
Mondera.com, which sells jewelry and luxury gifts online, announced today that it has a secured a $13 million (US$) first round of funding led by @Ventures, the affiliated venture capital arm of Internet incubator CMGI (NASDAQ: CMGI). Also participating in the financing is Global Investment Partners "This funding will allow Mondera.com to offer mor...
DUTYFREEZONE.com, an online version of the stores seen in most international airports, is offering cigarettes, popular gift items and other hard-to-get products in their "Duty Free Shop." In the meantime, international trade groups continue to debate e-commerce taxation rules "Operating in strict accordance with international customs laws and duty ...
Two months after forging a four year, $89 million (US$) strategic marketing agreement, America Online and drkoop.com (Nasdaq: KOOP) unveiled the healthcare network's exclusive content on AOL's Health Channel One of the larger Internet alliances to date, the agreement between the two companies signaled a major commitment by the Austin, Texas-based h...
Compaq Computer Corp. (NYSE: CPQ), the "better answers" company, and Novell, Inc. (NASDAQ: NOVL) have entered into an agreement that will secure Compaq online business servers running on the UNIX platform. The pact is the latest development in a 14-year relationship Central to the new agreement is the integration of Novell's Directory Services (NDS...
As part of a direct push into the data-storage market, Dell Computer Corp. agreed to buy privately held ConvergeNet Technologies, Inc. for stock valued at $340 (US$) million The computer giant will buy the San Jose, California-based company for 6.9 million of its common stock shares. In addition, Dell will take a charge of 5 to 7 cents for in-proce...
The British Broadcasting Corp. created a roar of protests last week when it launched its free Internet service known as www.freebeeb.net The action immediately stoked the ire of 10 U.K. media companies, including United News & Media Plc and Emap Plc, which are demanding that its Internet service be scratched.

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