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Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting facilities in AT&T's Internet Data Centers....

Samsung Electronics, Inc., the world's largest memory chip maker, said Wednesday it expects chip shortages to last another two years and pledged $5.2 billion (US$) to expand production The announcement at a press conference comes after concerns that an oversupply of "dynamic random access memory" (DRAM) chips caused shares in the company to drop dr...

With a decision due as soon as Wednesday in the copyright infringement case pitting Universal Music Group (UMG) against MP3.com (Nasdaq: MPPP), the record label is asking the judge hearing the case to "sting" the file-sharing company with a stiff monetary penalty On Tuesday, lawyers for Universal asked U.S. District Court Judge Jed S. Rakoff to awa...

Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting facilities in AT&T's Internet Data Centers....

A powerful new distributed denial-of-service (DDoS) tool has surfaced in as many as 400 hosts, creating a new threat of crippling cyber assaults, electronic security management firm Internet Security Systems (ISS) said Tuesday DDoS attacks can bring down a network by overwhelming target machines with large amounts of traffic. In February, several o...

It's a slightly chilling e-mail to receive. First, it comes from the legal department of Amazon.com, making it the Internet equivalent of a crisp envelope bearing a law firm's lengthy name. Second, it spells out a change in Amazon's privacy policy that, at first glance, appears to be bad news for consumers and company alike Surely, customers will r...

Days after choosing a voluntary dismissal of their case from federal court due to the judge's "aggressive scheduling," the civil rights group suing Kozmo.com, Inc. has announced its plans to re-file their discrimination suit in Washington D.C. Superior Court instead The case alleges that Kozmo, an Internet service that delivers videos, snacks and o...

The majority of online gamblers -- some 60 percent of those surveyed -- believe the sites they visit are "fixed," according to a survey released Tuesday by online market research firm Greenfield Online The "What Are the Odds?" study also found that 31 percent of online gamblers are not satisfied with Internet gambling sites and that only 15 percent...

U.S. businesses widened their lead over their European competitors in the e-commerce arena last year, though there are signs that European companies hold advantages that could turn things around, according to a new survey from Andersen Consulting In 1999, U.S. companies generated 67 percent of global business-to-business (B2B) e-commerce revenue an...

Online shoppers will spend almost $20 billion (US$) this holiday season, according to a study released Tuesday by Gartner Group The Stamford, Connecticut-based Internet research firm is predicting that worldwide online holiday sales will reach $19.5 billion this year, an 85 percent increase over last year's holiday season revenue of $10.5 billion.

Electronic billing and payment provider CheckFree (Nasdaq: CKFR) announced Tuesday that it has completed its acquisition of Transpoint LLC in a stock deal valued at around $1 billion (US$). To finalize the transaction, CheckFree shareholders voted last week to issue 17 million shares of company stock to TransPoint.

Taking direct aim at chief rival Intel Corp. (Nasdaq: INTC), Advanced Micro Devices, Inc. (NYSE: AMD) on Tuesday rolled out its newest computer chip aimed at lower-cost computer systems, the Duron 750 megahertz processor The Duron competes with Intel's Celeron chip in the "value PC" segment, which is defined as the market for personal computer syst...

Scour, Inc. has laid off all but a fraction of its workforce, saying pending lawsuits have scared away investors lined up to fund the file-sharing network In all, 52 of Scour's 70 employees have been laid off. Scour, which enables Internet users to search for and share music and video files, announced the layoffs in a statement released just before...

Lawyers for the U.S. Federal Trade Commission (FTC) are drawing up a list of concessions it wants executives from America Online (NYSE: AOL) and Time Warner (NYSE: TW) to agree to before it will approve their proposed $147 billion (US$) merger, according to published reports Tuesday The FTC is reportedly weighing a number of concessions, including ...

GoTo.com, Inc. (Nasdaq: GOTO) will provide search services for users of America Online (NYSE: AOL) as part of an expanded agreement announced Tuesday by the two firms The $50 million (US$), multi-year alliance builds on existing arrangements GoTo.com has with AOL's Netscape and CompuServe affiliates, the companies said.

I'll be brief. Time is precious, after all, which is why everything moves so fast in the digital age. Why we moved from snail mail to e-mail to instant messaging. Instant. The word itself conveys an adrenalized fervor. But maybe it's time to give an old aphorism new meaning: speed kills We all know what can happen when the e-commerce world starts s...

In the 1980s, Irish citizens were leaving the country in droves. The economy was in miserable shape and the country's spirit was sagging. Isolationism and intransigence over bitterly divisive internal issues contributed to a national malaise In the midst of the gloom, a few forward-thinking individuals turned their imaginations toward the potential...

A new report by Media Metrix (Nasdaq: MMXI) division AdRelevance shows that while traditional companies are beginning to realize the marketing potential of the Internet, online advertising is dominated by dot-coms The report, "Dot-Coms in the Driver's Seat," revealed that despite recent shake-ups that have left some dot-coms floundering, dot-com ad...

Internet music service provider MP3.com (Nasdaq: MPPP) introduced a new method for releasing music "singles" Thursday when it began mass e-mailing digital files of songs to music fans The "singleserving" could foreshadow a whole new level of cooperation between battling record companies and Net music providers over distribution rights.

America Online, Inc. (NYSE: AOL) announced Thursday that it has purchased Quack.com, a company with technology that enables consumers to access Internet information by using voice commands over a regular telephone AOL called the acquisition an important step in advancing its "AOL Anywhere" strategy, giving its members access to e-mail, news, traffi...