Archive

Ace Hardware Corp. and OurHouse.com have announced plans to pump more than $100 million (US$) into a new joint e-commerce venture.

Online toy seller eToys (Nasdaq: ETYS) announced today that it has reached an agreement with Discovery Toys, the direct seller of children's educational and developmental products, to be its exclusive online distributor.

In an effort to compete with top competitor Autobytel, online automobile resource Autoweb.com (Nasdaq: AWEB) has brought financial software company Intuit (Nasdaq: INTU) and online business network Hoover's Online (Nasdaq: HOOV) into its stable of Internet allies.

The Internet Corporation for Assigned Names and Numbers (ICANN) held their inaugural elections this week, voting in three of the first 18 members of a board that will assume responsibility on important Internet policies such as domain name registration and trademark disputes.

Earlier this week, Encyclopaedia Britannica, Inc. responded to its troubles by announcing that it will split its digital properties off into a separate company and revamp its Web site to offer the contents of its 32-volume set online for free.

Number one online service AOL has announced a cross-promotional agreement with Gateway, Inc. that will pump $800 million (US$) in cash and stock into the number two computer reseller.

Asian Internet service provider and portal China.com (Nasdaq: CHINA) is eyeing the possibility of selling its Hong Kong unit in an effort to raise $1 billion (US$), according to reports published yesterday.

The United States Federal Trade Commission released a set of rules Wednesday to implement the Children's Online Privacy Protection Act of 1998, a law passed last fall amid heightened concern that children are being lured into making online purchases or sharing personal information that could threate...

Sun Microsystems (Nasdaq: SUNW) announced yesterday that it has created a $200 million (US$) investment fund to assist companies that develop next-generation Internet products, markets and services based on Sun's technology and platforms.

Power PC open-source software solutions provider LinuxPPC, Inc. has released an update to its version of the Netscape Web browser for Linux that focuses on security issues vital to conducting e-commerce transactions.

USAutoNews.com, an Internet portal for the automotive industry, launched an automotive directory and communications center yesterday that is intended to provide consumers with a single port of entry to automotive Web sites.

Personal-finance software company Intuit (Nasdaq: INTU) announced today that it has joined forces with CyberBills to enable consumers to pay all of their bills online at Intuit's Quicken.com.

Office Depot, Inc.has entered into a strategic partnership with PurchasePro.com, a provider of business-to-business e-commerce solutions, that is aimed at helping small and medium-sized businesses initiate online commerce.

Online postage provider Stamps.com (Nasdaq: STMP) and America Online (NYSE: AOL) announced a three-year, $56 million (US$) alliance today that will make the Santa Monica, California-based Stamps.com the exclusive provider of Internet postage across AOL's brands.

America Online's AOL Foundation announced the launch today of Helping.org, a new philanthropy portal that is designed to provide an easy and cost-effective way for Americans to donate money or time to a wide range of charitable organizations.