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With all hopes for a settlement of the antitrust case against it dashed, software giant Microsoft (Nasdaq: MSFT) is bracing for harsh sanctions and a possible breakup of the company when federal judge Thomas Penfield Jackson issues his ruling sometime this week.

Handspring Files for IPO

Handspring Inc., a maker of handheld computers started by Palm, Inc. alumni Jeff Hawkins and Donna Dubinsky, plans to sell shares in an initial public offering.

One of the best known Internet business models is to provide free content to online readers and charge corporate sponsors for advertising space. While there has never been a doubt as to the success of this paradigm in the print and broadcast media, some skeptics have questioned whether this "conten...

U.S. District Judge Thomas Penfield Jackson found late Monday that Microsoft Corp. has violated the Sherman Antitrust Act by undertaking illegal anti-competitive actions to maintain its monopoly on personal computer operating systems.

Venture capital firm Technology Crossover Ventures (TCV) announced today that it has set a new watermark in the flood of venture capital money washing over Internet companies by closing a $1.6 billion (US$) fund.

At the urging of the U.S. Consumer Product Safety Commission (CPSC), two of the Internet's largest auction houses, Amazon.com (Nasdaq: AMZN) and eBay, Inc. (Nasdaq: EBAY), have agreed to assist consumers by including CPSC product recall information on their sites.

If the wave of legal activity and negative publicity that has swamped online advertising agency DoubleClick is any indication, then attempts to self-regulate the Internet have been an abysmal failure.

The state of New Jersey has filed suit against eight online pharmacies located in Pittsburgh, Pennsylvania; Miami and Miami Beach, Florida; Seattle, Washington; Phoenix, Arizona and San Antonio, Texas, accusing them of selling such prescription medicines as Viagra, Propecia, and Xenical without a li...

Peapod Nears End

Confirming what has already been reported by company auditors, failing online grocer Peapod, Inc. has acknowledged in its annual report that "limited capital resources" make its viability as an independent concern "uncertain."

Healthcare giants Johnson & Johnson, GE Medical Systems, Baxter International, Inc., Abbott Laboratories and Medtronic, Inc. have further fueled the current business-to-business (B2B) feeding frenzy by announcing plans to create a privately held exchange to streamline purchasing for healthcare p...

The U.S. Federal Trade Commission (FTC) has launched investigations into the consumer information practices of Internet powerhouses Yahoo! and Amazon.com.

A recent survey by the American Association of Retired Persons (AARP) shows that almost 40 percent of computer users aged 45 and older lack the confidence to shop for goods and services online.

CDNow Battles Back

After a pessimistic auditor's report sparked a wave of negative publicity and a broad stock sell-off, Internet music retailer CDNow (Nasdaq: CDNW) said today that it will implement a new operating plan to "significantly reduce" its cash burn rate.

In a case that could have widespread implications for the future of Internet competition, a federal judge has ruled that online companies can legally provide links to rival Web sites.

Dell Computer Corp. (Nasdaq: DELL), the number one direct seller of computers in the United States, has announced that its Dell Ventures unit will broaden its scope of operations to include equity investments and incubation services for new e-commerce companies.


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