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FOX Entertainment Group (NYSE: FOX) announced Thursday that it has formed a new media company called The Health Network. The new venture is scheduled to launch on cable and the Internet in July.

Fidelity Investments announced this week it's offering its customers two-way wireless stock trades via 3Com Corp's new Palm VII handheld organizer.

Promising an instantaneous, electronic alternative to the overnight letter, Hewlett-Packard and United Parcel Service have joined to develop a new service that sends and tracks paper documents over the Net.

Going head-to-head with competitors in the bid for dominance of online music distribution, AT&T Corp. has teamed with Matsushita Electric Industrial Co., BMG Entertainment and Universal Music to develop technology needed to download, play and store digital music from the Net.

The U.S. Postal Service recently completed tests of two new services to bring regular mail into the electronic world. The services present new ways for the post office to make money off both printed and electronic mail, though the government is pitching them as equally beneficial to businesses.

The New York Times (NYSE: NYT) this week signaled its increasing focus on the online world by forming a separate business unit for its more than 50 Internet sites.

Auctioning off the top hits to its advertisers is a unique search engine concept that GoTo.com, Inc. hopes will capture the imagination and pockets of Wall Street. The privately held company expects to sell 5 million common shares for $11 to $13 dollars in its initial public offering -- which could ...

With less than 2 percent of the 7 million small companies in the United States doing business online, Rep. Jim Talent (R-Missouri) is looking for ways to increase those ranks. Chairman of the House Committee on Small Business, Talent pledged at an e-commerce hearing yesterday to take a closer look a...

As we inch toward mid-1999, more and more companies are entering a market created to curtail projections for a Y2K computer bug that range from foreseeing a minor glitch to heralding worldwide chaos.

As popular as the game of golf has become in the United States, it's even more so in Japan. Club membership prices can soar into the hundreds of thousands of dollars and a wide back swing is guaranteed to clip a fellow golfer in a nation with too many golfers and not enough land.

Barnesandnoble.com stock gains fell well short of other recent Internet issues after the online bookseller's initial public offering, providing yet more evidence that Wall Street's infatuation with Net-related stocks may be cooling.

Bypassing Wall Street, Datek Online Holdings Corp., the nation's fourth-largest Internet brokerage, has raised $300 million (US$) through private investments from investors including Microsoft co-founder Paul Allen and French luxury goods magnate Bernard Arnault.

IBM Moves On Linux

IBM (NYSE: IBM) this week disclosed, in a barrage of announcements, collaboration with several key players in the increasingly popular Linux market, taking the open-source operating system (OS) another step towards broader acceptance.

Amazon.com, Inc. chief executive officer Jeffrey P. Bezos told Business Week in its latest edition that there's plenty of room for both his company and eBay, in the online auction arena.

Schwab Gets Excited

Investment house Charles Schwab & Co., Inc. Monday became the first business to merge an online trading service with an Internet portal and search engine, joining with Excite, Inc. to launch MySchwab.


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