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High-profile Internet entertainment company Scour.com said Tuesday that it will shut down its controversial multimedia file-sharing and searching network within 48 hours in an effort to resolve pending litigation and smooth the progress of its assets sale in U.S. Bankruptcy Court in Los Angeles.

Despite the ongoing dot-com shakeout and the common perception that Latin America is not ready for e-commerce, a new report released by Greenfield Online reveals that Mexican Internet users are buying goods on the Web in increasing numbers.

As e-tailers grapple with trying to make their Web sites easier and easier for online visitors to use, a disconcerting question is coming to the fore:

The Amazon Marketplace, through which visitors to the e-commerce bellwether can sell used items to other customers, has sparked outrage among writers and publishers who feel that the blending of new and used books will be costly to their bottom line.

CMGI, Inc. (Nasdaq: CMGI) said Monday it will "exit" the entertainment portal and advertising-supported Internet access business by jettisoning its iCAST and 1stUp subsidiaries.

Internet grocer Streamline.com announced Monday that is winding down its operations after failing to secure an infusion of capital or find a buyer to acquire the troubled company.

Every technology-aware being -- plus the U.S. courts -- agrees that Microsoft dominates the software business.

E-commerce will transform international trade into a US$1.4 trillion online export market by 2004, according to a new report released Monday by Forrester Research. The report also predicts that 23 percent of all U.S. exports will be conducted online in four years.

Just one day after the U.S. Postal Rate Commission recommended a 1-cent boost in the price of first-class stamps for traditional mail, Stamps.com said Tuesday it has the commission's endorsement to create a reduced rate for first-class mail sent using Internet postage.

WebMD Corp. (Nasdaq: HLTH) was down 3/4 at 9 3/8 early Tuesday after the online health company missed analysts' estimates for the third quarter.

MarchFIRST, Inc. (Nasdaq: MRCH) ticked up 13/32 to 4 5/16 early Tuesday after the online consulting company said it will cut about 1,000 jobs, or 10 percent of its workforce, as part of a plan to cut costs.

FreeMarkets, Inc. (Nasdaq: FMKT) rose 11/16 to 41 3/8 early Tuesday after the company, which operates online marketplaces for businesses, said it will bring its services to the Japanese market through a joint venture with Mitsubishi Corp.

CoolSavings.com, Inc. (Nasdaq: CSAV) fell 1/8 to 1 1/8 Monday after announcing an expected loss for the fourth quarter of 21 to 22 cents per share before extraordinary items.

The British government announced Monday a US$35.7 million program to create an elite team of Internet cops to crack down on cybercrime.

The anticipated online holiday shopping surge has yet to begin, according to a study released Monday by Nielsen//NetRatings (Nasdaq: NTRT), with top sites showing little or no growth in traffic during the first week in November.