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The U.S. Federal Trade Commission (FTC) said Thursday it has charged an overseas company and its principals with billing consumers and attempting to collect payment for Internet-based adult entertainment services and international phone calls that were never purchased or authorized.

More than 64 percent of top tech executives believe the next U.S. Congress will move to tax the Internet, according to an Ernst & Young survey released Thursday.

Six months after it became one of the earliest and most striking examples of the dot-com shakeout, fashion retailer Boo.com is poised to begin its second online life.

Imagine: A venture capitalist arrives at work one day and sets down his Starbucks mug next to a stack of business plans that tower over his inbox. As he begins sorting through them, out flutters an envelope containing a check.

A federal grand jury on Thursday handed down the first criminal charges in a major Silicon Valley securities case, indicting the former top European sales executive at Informix Corp., according to published reports.

Mitsubishi Corporation and Commerce One (Nasdaq: CMRC) announced plans Thursday to establish a business-to-business (B2B) e-marketplace for the gas, chemical, and utilities industries in Japan.

In August, women became a majority of Web users in the U.S. for the first time in history, a milestone for an Internet once considered to be a male-oriented environment.

Cybercrime is skyrocketing despite increased spending on security measures, according to "The 2000 Information Security Survey," a study released Thursday by Information Security magazine.

WebHouse Club, a licensee of name-your-price e-tailer Priceline.com (Nasdaq: PCLN), announced Thursday it will wind down its grocery and gasoline operations over the next 90 days.

A new study by venerable information resource Consumer Reports concludes that consumers are no likelier to find the cheapest airfares through Web travel services than via "a low-tech telephone."

Despite the fact that overall traffic to business and finance Web sites grew by 11 percent during the second quarter, visitors to online trading sites decreased by nearly 20 percent, according to a study released Wednesday by Jupiter Media Metrix.

The National Research Council released a report Wednesday recommending that the U.S. regulate the Web carefully but sparsely, that a flat tax be levied on e-commerce and that low-income families receive vouchers to help them get connected.

Despite consumer concerns over potential lapses in Internet security, 51 percent of Americans believe that most home mortgages will be handled online by 2005, according to a study released Wednesday by financial services giant Fannie Mae.

Smart Money On Microsoft

If you've been holding off on buying Microsoft stock until the company's antitrust appeal is over, you might want to consider putting your money in a long-term interest-bearing account.

With a landmark law authorizing the use of e-signatures having just taken effect, U.S. Congressional lawmakers hosted representatives of the budding industry in Washington, D.C. Wednesday and received hands-on demonstrations of the new technology.


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