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Electronic commerce in Latin America is poised to grow to $82 billion (US$) by 2004, according to a new report by Cambridge, Massachusetts-based Forrester Research.

Baan Company N.V. (Nasdaq: BAANF; ASE: BAAN) publicly confirmed its recent woes today, saying that it booked a first quarter loss of $26 million and that its revenues plunged from $176 million in the first quarter of 1999 to $106 million last quarter.

Davox Corporation (Nasdaq: DAVX), a Westford, Massachusetts-based provider of CRM solutions, announced today that its first quarter revenues shot up to a record $26.4 million (US$), an increase of 30 percent over the same quarter last year.

Cambridge, Massachusetts-based Art Technology Group (ATG) (Nasdaq: ARTG), a provider of CRM and e-commerce products and services, said today that revenues rose to $21.6 million in the first quarter, almost 400 percent over the corresponding quarter in 1999.

E-business solutions provider Primix Solutions, Inc. (Nasdaq: PMIX) reported today that its revenues for the first quarter rose to over $5 million, while its net loss decreased for the third consecutive quarter.

Salt Lake City, Utah-based Inteliant Corporation, a division of SOS Staffing Services (Nasdaq: SOSS) and e-business applications provider BroadVision, Inc., announced a comprehensive alliance Wednesday that will pool the companies' products and services.

Driven by strong international sales, CRM provider ICT Group (Nasdaq: ICTG) said Wednesday that its first quarter revenues leapt to $41.3 million, an increase of 12 percent over last year's first quarter.

San Diego, California-based eAssist said Wednesday that it received $35 million from venture capital firms as it gears up to deliver its full suite of CRM products. eAssist offers a subscription-based package of CRM services.

The Royal Canadian Mounted Police (RCMP) have arrested a 15 year-old known as "Mafiaboy" in connection with February's spew of denial-of-service (DoS) attacks on prominent Web sites. The youth's name cannot be released due to his age.

A surge in Asia-Pacific e-commerce will culminate with $1.6 trillion (US$) in transactions taking place in 2004, according to a new study by Forrester Research.

Just when it seemed that two Internet grocers were headed for the dot-com chopping block, a couple of food industry giants swooped in and saved the day with huge cash infusions.

Online giant Amazon.com, which has already invested $30 million (US$) in California-based Internet startup WineShopper.com, announced Tuesday that it has forged a partnership with the newly-launched e-tailer.

Though the Internet is not quite ready for prime time -- much less Hollywood -- Miramax Films announced Tuesday that it will be offering selected movies over the Internet for consumers to rent or buy. The decision follows a recent announcement from MGM that it will be opening the doors of its huge f...

San Jose, California-based Aspect Communications (Nasdaq: ASPT), a provider of CRM portals, announced today that its first quarter revenues shot up to a record $148.3 million (US$) and its net loss declined to $2.8 million from $13.3 million in the corresponding quarter in 1999.

U.S. investment bank Merrill Lynch & Co. and international banking group HSBC Holdings announced a $1 billion (US$) deal Tuesday to form a new online global banking and brokerage company.