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Baltimore Technologies (Nasdaq: BALT), a United Kingdom-based provider of e-commerce and enterprise security solutions, announced today that it has acquired U.S.-based e-commerce security provider GTE CyberTrust Solutions in a stock deal valued at $150 million (US$).

Using a few simple database commands, developers at Russian Web programming company Strategy LLC found customer credit card numbers, passwords, and even employee records and social security numbers.

A few months ago, America Online had a serious problem.

According to a just-released Jupiter Communications report, 90 percent of online shoppers said they were "largely satisfied" with their 1999 holiday season experiences on the Web.

Rumors that the Justice Department is looking to chop Microsoft Corp. into several "Baby Bills" have been denied as "inaccurate in several important respects." However, by all accounts, the option remains on the table.

Becoming chief executive officer (CEO) of Microsoft Corp. (Nasdaq:MSFT) today didn't make Steve Ballmer any more of a diplomat. At a press conference held to announce his appointment to the post, Ballmer addressed rumors that the Department of Justice would press for a breakup of the software giant ...

According to a new report by Forrester Research, e-tailers will have to find a way to use free delivery offers more efficiently.

Uniform Code Council, Inc. (UCC) subsidiary UCCnet is constructing a giant Web site that will allow companies to exchange Universal Product Code (UPC) information electronically throughout their supply chains.

According to research firm GartnerGroup, Asian B2B e-commerce will top $272 billion (US$) by 2003, with overall Asian e-commerce reaching $340 million.

YouBet.com (Nasdaq: UBET), an online gambling site based in Los Angeles, has reportedly agreed to pay $1.3 million (US$) to California authorities to settle an investigation into the company's online horse racing operation in the state.

Unconfirmed reports circulating on the Usenet suggest that the U.S. government is working with the European Union (EU), Japan, Canada and other countries, including South Africa, on a draft cybercrime treaty that would try to ban hacking and Internet eavesdropping utilities.

E-commerce security solutions provider Entrust Technologies (Nasdaq: ENTU) has launched an initiative with Research In Motion (Nasdaq: RIMM) to offer secure wireless e-commerce solutions to the mobile marketplace.

Waves of new customers are filling prescriptions and buying cosmetics, vitamins and other traditional health and pharmaceutical products on the Net, according to a new study by research firm ActivMedia.

Twenty-seven airline companies, led by American Airlines, United Airlines, Northwest Airlines, Continental Airlines, and Delta Airlines, have banded together to form a travel Web site that will offer online discounted fares and ticketing.

Online grocer HomeRuns.com announced today that The Cypress Group, a private equity firm, has purchased a $100 million (US$) majority stake in the Somerville, Massachusetts-based company.


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