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After an exhaustive investigation into the tax practices of the majority of the world's offshore jurisdictions, the Organization for Economic Cooperation and Development (OECD) concluded earlier this week that Bermuda and five other countries are not "harmful tax jurisdictions." The finding comes as the OECD concludes its annual conference in Paris...

McDonald's Corp. (NYSE: MCD) announced Thursday that it will expand its Internet presence beyond the current online brochure it maintains by teaming with Accel-KKR, Inc. to form eMac Digital, a new company that will develop Internet-related businesses The Chicago, Illinois-based eMac Digital will initially focus on business-to-business (B2B) ventur...

By launching seven new voice technology products, IBM (NYSE: IBM) declared its commitment Thursday to developing voice technology as a key channel for mobile Internet applications Big Blue has established strategic relationships with Siebel Systems (Nasdaq: SEBL), General Magic (Nasdaq: GMGC) and Luminant (Nasdaq: LUMT) to expand its voice-over-Int...

In what is being described as a victory by both AT&T and open access advocates, the 9th Circuit Court of Appeals ruled Thursday that the city of Portland, Oregon has no authority to force AT&T to open its broadband infrastructure to competitors because the operation comes under the purview of federal regulators The decision, which reversed a ruling...

Boosting traffic at both shopping and greeting card sites, a record number of Father's Day shoppers went online in time to get Dad a gift or card, according to Internet tracking firm Nielsen//NetRatings Comparison shopping sites saw a huge surge in traffic in the week ended June 18th, the firm said. For example, DealTime, a price-comparison site, s...

Goldman Sachs' Anthony Noto is highly respected as one of the most knowledgeable analysts in the dot-com world. But his recent listing of several online companies -- separating firms that are in the pink from those gasping for air -- should have everyone casting a more skeptical eye toward all "industry analyst predictions." The three-tiered list is top-heavy with Goldman Sachs underwriting clients...

Shares of e-commerce giant Amazon.com (Nasdaq: AMZN) took a nosedive in early trading Friday, dropping as much as 19 percent on fears that the company may run out of cash and face sharper competition in the upcoming holiday season Amazon's shares closed Friday at $33.78 (US$), reaching a new 52-week low. The plunge is the third largest one-day drop...

Japan's largest convenience store, Seven-Eleven Japan Co Ltd, announced Thursday that it will launch an e-commerce Web site called 7dream.com on July 1st The company said that 7dream.com shoppers will be able to browse through over 100,000 items, including music, flowers, and photo supplies, place their orders online, and then go to their local 24-...

Over 30 leading technology companies, privacy advocates, and other organizations gathered in New York City Wednesday to demonstrate implementations of a new privacy platform from the World Wide Web Consortium (W3C) The Platform for Privacy Preferences Project (P3P) allows Web sites to express their privacy practices in a standard format that can be...

Rebounding quickly from a bruising legal battle over music copyrights, MP3.com announced this week that it is introducing a subscription system that could emerge as an alternative to controversial music swapping site Napster The new system allows MP3.com users to subscribe to lists of available music from participating artists and music labels. It ...

A lawsuit filed in a Dallas, Texas federal court accuses Wells Fargo Bank of using the Internet to discriminate against minorities and encourage racial segregation According to published reports, the allegations are centered on Wells Fargo's "Community Calculator," an online search engine designed to assist prospective home buyers in choosing neigh...

Intel Corp. (Nasdaq NM: INTC), half of the so-called "Wintel duopoly" that rules the global personal computer market, inched a step closer to making personal computers obsolete by introducung its first Internet appliance Thursday Intel's new Dot.Station is a counter-top terminal that enables users to surf the Web, send and receive e-mail or make ph...

Having set the Microsoft bonfire blazing, Judge Thomas Penfield Jackson just cannot seem to resist piling on the logs First, he found in favor of the U.S. Department of Justice (DOJ) by ruling that Microsoft abused its monopoly. Then he gave the government a second victory by ordering a breakup of the software giant.

According to Goldman Sachs analyst Anthony Noto, a number of limiting factors will likely prevent most e-tailers from surprising investors with reports of stronger-than-expected revenue in the second quarter. These factors include scaled-back marketing budgets, slower retail sales and a cooling economy Many companies have cut back on marketing spen...

Giant automaker DaimlerChrysler is preparing to launch a new Internet unit to handle the company's consumer and business-to-business (B2B) e-commerce initiatives, according to published reports in Germany DaimlerChrysler, one of the world's largest automakers and the third largest in the United States, reportedly will group its Internet activities ...

Microsoft (Nasdaq: MSFT), Compaq Computer Corp. (NYSE: CPQ), and Intel (Nasdaq: INTC) announced Tuesday that they are teaming with San Francisco, California-based Digital Island to build a streaming video network The companies say that the network will provide broadcast-scale streaming media for the first time over the Internet, with a reach "rough...

The $129 billion (US$) merger of WorldCom, Inc. (Nasdaq NM: WCOM) and Sprint Corp. (NYSE: FON) -- which would form one of the largest corporate unions in history -- will be blocked by European antitrust authorities, according to a published report The deal was nixed because it would create a dominant company capable of crushing Internet competition...

New research by Cambridge, Massachusetts-based Forrester Research shows that American millionaires use the Internet more than their less affluent neighbors and are more likely to purchase just about anything online The study, "The Millionaire Online," debunks the widely-held perception among high-end retailers and manufacturers that affluent Americ...

With competition for investment dollars heating up, two online brokerages are banking on free Internet access to bring in more business In separate announcements, Ameritrade (Nasdaq: AMTD) and Quick & Reilly said they will use 1stUp.com, an affiliate of CMGI, Inc. that provides other companies with private label Internet access, to make the service...

Although an increasing number of small and medium-sized businesses are embracing the Internet, many firms still remain skeptical about e-commerce, according to a study released Wednesday The research compiled by National Small Business United and Arthur Andersen found that while 71 percent of the companies surveyed either have a Web presence or are...