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Companies that sell goods and services over the Internet are responsible for almost 5,400 lost jobs since December 1999, according to a report from Chicago, Illinois-based employment company Challenger, Gray & Christmas, Inc.

Name-your-own-price Web retailer Priceline.com announced Wednesday that it is teaming with Internet investor group General Atlantic Partners LLC to launch Priceline.com Europe in the fourth quarter of this year.

Despite the recent decline in venture capital funding for Internet companies, North American e-tail sales will exceed $29.3 billion (US$) in 2000, according to new research from Gartner Group.

Mammoth Internet service provider America Online announced an agreement Tuesday with InterTrust Technologies Corp. that will allow AOL's 23 million subscribers to digitally download music and videos for a fee, while protecting copyrighted material from theft.

The "Global New E-Economy Index," a cyber atlas that maps the technological vitality of 47 nations based on five digital economy factors, was published Tuesday by IT research firm Meta Group.

Recently, when the U.S. Congress passed a bill giving digital signatures the same legal weight as old-fashioned pen-and-ink signatures, the concept of a paperless world once again reared its intriguing head.

Oracle Corp. (Nasdaq NM: ORCL) admitted Tuesday to hiring a detective firm to investigate groups that came out in public support of Microsoft Corp. (Nasdaq NM: MSFT) during its antitrust battle with the U.S. government.

Compaq Computer Corp. (NYSE: CPQ) announced Tuesday that it will partner with PacifiCare Health Systems, Inc. (Nasdaq: PHSY) to develop a new Internet company that will focus on welcoming seniors into the digital age.

In an effort to boost demand for its microprocessors, motherboards and networking products beyond the PC market, Intel announced Tuesday that it plans to spend $100 million (US$) over the next year to open 15 e-business centers throughout the world.

According to data from IT research firm IDC, U.S. sales of pharmaceutical, health, and beauty products over the Internet will boom from less than $250 million (US$) in 1999 to more than $18 billion in 2004.

The Internet's impact on the U.S. business-to-business (B2B) marketplace will trigger more than $6 trillion (US$) in trade by 2005, according to a new report by Jupiter Communications.

European Web shoppers will spend more money online for groceries than their American counterparts by 2003, according to a study released Monday by Forrester Research.

In an effort to help local car dealers keep pace with the increasing number of online auto sellers, the National Automobile Dealers Association on Monday launched DriversSeat.com, an Internet portal that links consumers directly to dealer Web sites.

The Business Software Alliance (BSA) announced Monday that it has reached settlements totaling $2.4 million (US$) in fines from 20 companies found guilty of software piracy.

Beating such rivals as Amazon.com and Barnesandnoble.com to the market, German media giant Bertelsmann AG announced Tuesday the opening of an online bookstore in Japan, the fourteenth opening for BOL.com, Bertelsmann's Internet unit.