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Last week, British Prime Minister Tony Blair commissioned a blue-ribbon panel to examine why U.K. e-commerce companies lag miserably behind the United States, Germany and France.

Online postage pioneer E-Stamp Corporation unveiled its service on the Microsoft Office Update Web site Thursday, just over two weeks after the U.S. Postal Service gave the go-ahead to sell stamps over the Internet.

Direct e-commerce company Xoom.com (Nasdaq: XMCM) announced today that it has acquired 100 percent of e-mail security company Private One, Inc. The move is an effort to strengthen MightyMail, the direct marketing e-mail solutions provider that it acquired in June. Financial terms were not disclosed.

Online brokerage firm Web Street Securities, Inc. has filed for a $50 million (US$) initial stock sale to raise money for expansion and the buildup of its online capacities.

In a move that will distribute "good toys" across its line of animated Internet properties, the Walt Disney Company's Buena Vista Internet Group (BVIG) announced Wednesday that it has acquired a controlling interest in toysmart.com.

Benchmark Capital announced today that it is pumping $15 million (US$) into Nordstrom.com. The venture is one of the Menlo Park, California firm's largest investments ever in a single company. "Benchmark is extremely excited to be working with Nordstrom.com, a company whose brand and customer servic...

Online apparel retailer Styleclick.com (Nasdaq: IBUY) has signed a broadband content syndication agreement with Intertainer Inc., an interactive network that provides entertainment-on-demand to both cable and telecommunications companies. Styleclick.com's content will appear on Intertainer's service...

German media giant Bertelsmann AG announced Tuesday that it has sold nearly $700 million (US$) of its stake in America Online (NYSE: AOL). The move is at the center of a concerted effort to build up its multimedia unit.

AXA Placement Innovation, the investment fund of AXA, has added fuel to the open-source operating system (OS) movement by completing an equity investment in Linux vendor MandrakeSoft.

As 16 to 24 year-olds continue to emerge as a dominant e-commerce force, Student Advantage, Inc. and Embark.com have staked a claim to the Internet-savvy college market.

The antitrust case against Bill Gates & Co. is often the subject of this column. Gates, the world's richest man, attracts an exorbitant amount of admiration and loathing -- as do most giants of industry.

As it drives toward its upcoming initial public offering, Akamai Technologies has strengthened its hand by hiring banking veteran Timothy Weller to be its chief financial officer. The company offers content-delivery services that speed up performance for e-commerce sites, portal sites and news sites...

Claiming to be the first company to offer a real-time Internet vehicle service center, Autoweb.com (Nasdaq: AWEB) has launched a pilot program that will allow users to schedule service appointments with their local repair shops.

Red Hat Certified Y2K OK

With less than 129 days until the highly anticipated new millennium, Red Hat, Inc. (Nasdaq: RHAT) has announced that its Linux operating system (OS) package won't shut down or otherwise adversely affect users due to a Y2K computer glitch.

In a move designed to enhance its e-commerce clout, Exchange Applications, Inc., bought closely held software provider GBI today for $24 million (US$) in stock.


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