Business

AltaVista won its bid to have an international cybersquatter evicted from 43 domain names Monday after a United Nations panel ruled in favor of the embattled Web portal.

Primedia, Inc. (NYSE: PRM), the New York City-based publisher of such magazines as "Seventeen" and "Modern Bride," has announced it will buy Internet portal About.com (Nasdaq: BOUT) for approximately $690 million (US$) in stock.

Teens are poised to jolt the Web in the coming years as their focus shifts from fulfilling entertainment needs to honing purchasing and investing skills, according to a study released Thursday by Forrester Research.

The days of American consumers avoiding sales tax by making their purchases online are numbered, if testimony given before a hearing of the Streamlined Sales Tax Project (SSTP) on Thursday is any indication.

Internet real estate company Homestore.com announced Friday that it will acquire Cendant Corporation's Internet real estate portal Move.com in an all-stock deal valued at $761 million (US$).

A U.S. congressional appropriations bill amendment targeting online identity theft has angered President Bill Clinton, who threatened Thursday to veto the bill unless the amendment's controversial language is withdrawn.

You've heard it a million times. In fact, it might be the word that Bill Gates and Steve Ballmer say most often in public. The word, of course, is "innovation."

Commenting on a U.S. Federal Trade Commission (FTC) report issued Thursday, chairman Robert Pitofsky said business-to-business (B2B) marketplaces offer "great promise" in terms of cutting costs, better organizing business processes, and improving competition.

After some hesitation, Hewlett-Packard (NYSE: HWP) announced Thursday that it will go through with plans to join a consortium of high-tech heavyweights that hopes to create a virtual reference directory for e-commerce.

Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN).

Backed by six of the largest U.S. air carriers, Hotwire.com launched its discount online travel site Tuesday in a bid to chip away at Priceline's dominant market share in the burgeoning sector.

A report released Wednesday by the University of California, Los Angeles (UCLA) shows that 58.4 percent of online purchasers believe that online prices are as high as those offline. That percentage jumps to 75.4 percent among online users who do not shop on the Web.

The U.S. Federal Trade Commission (FTC) opened debate Thursday on possible new e-commerce regulations, specifically whether existing laws should apply to software and other types of Internet downloads.

Six months after being rescued from the brink of bankruptcy, online grocer Peapod, Inc. (Nasdaq: PPOD) continues to see increasing financial losses, reporting Wednesday that it fell well short of earnings estimates for the third quarter.

Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN).