Articles by Andy Wang

Bolstered by a new deal with AOL (NYSE: AOL), online postage company Stamps.com (Nasdaq: STMP) announced today that it has launched its Internet Postage service, which allows customers to buy postage online and print it out on standard printers The service does not require any additional hardware for customers who already have a computer, printer a...

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 Intuit will weave CyberBills' Total Bill Management service into Quicken.com's online payment and presentment service, which is expected to launch this fall. T...

Camp Hill, Pennsylvania-based Traffic.com, a company which provides real-time and predictive traffic information to both businesses and consumers, announced today that it has completed its $19 million (US$) second round of funding The round includes money from Internet Capital Group, the Internet incubator that focuses on business-to-businesse-comm...

While the Dow rallied nearly 100 points Monday, the Nasdaq in general -- and Internet stocks in particular -- continued their October nose-dive as concerns about inflation and a possible rise in interest rates persist E-commerce stocks and other high-profile Internet issues were among the hardest hit. As the Nasdaq dropped 1.56 percent yesterday, m...

Investment bank Hambrecht & Quist (NYSE: HQ) announced today that it will distribute shares of its lead-managed initial public offerings and other equity offerings through online broker Ameritrade (Nasdaq: AMTD) Ameritrade will join Charles Schwab (NYSE: SCH), which formed an alliance with Hambrecht & Quist in 1997, in distributing shares to online...

Investment bank Hambrecht & Quist (NYSE: HQ) announced today that it will distribute shares of its lead-managed initial public offerings and other equity offerings through online broker Ameritrade (Nasdaq: AMTD) Ameritrade will join Charles Schwab (NYSE: SCH), which formed an alliance with Hambrecht & Quist in 1997, in distributing shares to online...

Online auto retail referral site Autobytel.com(Nasdaq: ABTL) announced today that it has agreed to acquire A.I.N. Corporation, the owner of CarSmart.com, in a cash and stock deal valued at $31.8 million (US$) The Irvine, California-based company said that it will continue to operate the Web sites of the two auto referral retailers independently, bu...

Shares of direct marketing company FreeShop.com (Nasdaq: FSHP), which promotes products and services with samples, free trial offers and coupons, climbed nearly 11.5 percent on Wednesday, gaining 1-3/8 to 13-3/8 after the company announced a five-year agreement with eBay Under the terms of the deal, eBay is the exclusive sponsor for FreeShop's Hobb...

In what is believed to be the largeste-commerce transaction in history, digital imaging company Interactive Picture Corporation (Nasdaq: IPIX) and Gulfstream Aerospace Corporation announced today that they have sold the first corporate jet over the Internet The pre-owned Gulfstream IV aircraft was purchased for $22.9 million (US$) by Elite Aviation...

Online brokerage Ameritrade (Nasdaq: AMTD) and Sprint PCS, the first carrier to launch nationwide wireless Internet services, announced today that they have formed an alliance that will enable Ameritrade customers to access accounts, place trades and receive stock alerts via Sprint PCS wireless phones The service, which is the first of its kind on ...

Online postage company Stamps.com (Nasdaq: STMP) announced today that it has formed a marketing and distribution alliance with IBM. The Stamps.com service will now be delivered to the more than one million members of the IBM Owner Privileges Program, which caters to owners of IBM Aptiva PC and Thinkpad i Series systems Stamps.com's service will be ...

1-800-Flowers.com announced today that it has signed a multi-year deal with Internet portal Snap.com to become the anchor tenant in Snap.com's Flower Shop Although the specific length or terms of the agreement were not disclosed, 1-800-Flowers will be featured in an integrated online and TV media campaign. 1-800-Flowers will also be spotlighted in ...

Music destination site MP3.com (Nasdaq: MPPP) announced today that it has teamed up withi-drive, a company that gives users free personal Web space, to offer a new option for downloading and storing MP3 files Instead of immediately downloading a file whenever they see one they like, customers can now "sideload" files to their personal drive on i-dr...

Shares of Healtheon (Nasdaq: HLTH), which has developed an online information and transaction platform for the health-care industry, gained nearly five percent, rising 1-7/8 to 39-5/8 on Tuesday after the company received a buy rating from U.S. Bancorp Piper Jaffray The investment firm gave Healtheon a $50 price target. Healtheon stock has been ext...

Web hosting company NaviSite will host Microsoft e-commerce applications as part of an enhanced application service provider (ASP) program that includes services for Windows NT Server, Site Server Commerce Edition, SQL Server and Windows Media Technologies NaviSite says that the new services will help customers launch e-commerce sites faster, at re...

Online travel sites Travelocity.com and Preview Travel (Nasdaq: PTVL) announced a merger today that will create an e-commerce entity with more than 17 million registered members and more than $1 billion (US$) in projected 1999 sales. The companies say that the merger will create the largest e-commerce site in the travel category and the third largest e-commerce site overall...

Online broker E*Trade (Nasdaq: EGRP) and Japanese joint-venture partner Softbank announced the launch of E*Trade Japan today. The launch coincides with today's deregulation of Japanese trading commission rates, which will enable brokers to determine commissions for securities trades E*Trade Japan has already acquired Japanese brokerage Osawa Securi...

According to a study by Sage Software, 29 percent of small U.S. companies who currently have a Web site are using it for e-commerce activities Of the remainder, 37 percent plan to launche-commerce capabilities in the future, with 75 percent of those ventures expected to become reality within the next 12 months.

DrDrew.com, a newly launched online community for young adults, announced today that it has secured a $7.5 million (US$) round of funding led by Softbank Venture Capital Dr. Drew, also known as Dr. Drew Pinsky, has made his name largely as the co-host of Loveline, MTV's popular sex and relationships advice show.

Media/portal company Excite@Home (Nasdaq: ATHM) announced today that it has launched Work.com, a service for business professionals and their companies. Excite@Home says the new site is the first part of a major initiative to develop a business portal that features vertical industry content, communities, business applications and services that can be customized to business user's needs...