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Internet venture capital firm CMGI (Nasdaq: CMGI) announced today that it will pay approximately $407 million (US$) for auction site uBid.com (Nasdaq: UBID) in a stock deal that will lodge the network squarely in the highly competitive online auction industry.

Software solutions developer Corel Corp. (Nasdaq: CORL) announced this week that it has entered into a licensing agreement with Macromedia, Inc. (Nasdaq: MACR) to bring Macromedia Flash technology to its distribution of the Linux operating system.

Just one day after a hacker attack on Yahoo! shut the giant portal down for several hours, several leading e-tail sites were similarly affected by what appears to be an orchestrated, Web-wide act of sabotage.

In the latest skirmish over the complex copyright issues surrounding music sales over the Internet, online digital music provider MP3.com (Nasdaq: MPPP) filed a countersuit yesterday against the Recording Industry Association of America (RIAA), alleging unfair business practices.

The U.S. Federal Trade Commission (FTC) has announced that it wants to promote mediation over lawsuits as a means to resolve disputes about basic consumer transactions conducted over the Internet.

The U.S. Department of Commerce has earmarked $175 million (US$) for e-commerce initiatives in its fiscal year 2001 budget, but the proposal faces certain opposition in the Republican-led Congress.

As evidence that e-commerce has come to even the most old-fashioned of trading industries, Seattle-Washington-based Fishmonger.com launched a business-to-business (B2B) portal for the $352 billion (US$) global seafood industry today.

Last week, Motorola, Inc. (NYSE:MOT) announced plans to make a "virtual credit card" developed by Trintech (Nasdaq:TPPA) available on its lines of mobile phones. By pushing a button or issuing a voice command like "buy" or "pay," mobile users will be able to complete e-commerce transactions in secon...

Open-source solutions provider VA Linux Systems announced this week that the Linux-based KDE (K desktop environment) graphical user interface and CMU Sphinx speech recognition system projects have migrated their development efforts to its SourceForge resource site.

A new study from ActivMedia Research shows that even the most aggressive e-commerce marketing strategies are unable to compete step-for-step with the power of brand names and built-in customer loyalty.

Attorneys General in 17 states have launched undercover operations against online tobacco dealers with the latest results being four Web smoke vendors reportedly agreeing to ban sales to under-age buyers in Oregon.

Two companies with widely divergent strategies are leading the charge to develop the market for selling used cars online.

If you are interested in playing 18 holes with Tiger Woods or taking batting practice with New York Yankee Derek Jeter, a new company called Ultimatebid.com has made a deal to auction off such "experiences" to the highest bidder via the Internet.

IBM (NYSE: IBM) announced Monday that it has launched Component Knowledge, an online business-to-business (B2B) procurement service for the electronic components industry.

The governments of Canada and Australia have jointly signed a statement of common principles on the treatment of electronic commerce, which includes joint commitments to improving international protections for intellectual property, personal privacy and consumer rights in an era of electronic transa...