Bob Liu

As promised by Big Blue’s push earlier this month when it made a huge splash into the web server business, IBM Monday announced a new line of eServer appliances, including Intel-based Linux and Windows web-hosting appliance servers. “With the appliance server market growing at more than 50 percent a quarter, IBM has positioned these new […]

drugstore.com late Friday said it is planning “organizational changes” that include the eliminatin of 60 positions, or 10 percent of its total workforce. The steps are being taken to “continue executing on its strategy of sustainable growth,” Peter Neupert, President and CEO, said in a statement. “We believe we’re making these decisions from a position […]

Reporting flat profits from its operations, Microsoft Corp. on Wednesday said that accelerating adoption of its Windows 2000 operating system is helping its results for its fiscal first quarter. “Results were solid across all businesses, led by accelerating deployments of Windows(R)(R) 2000 Professional in the business sector and Windows Me (Millennium Edition) in the consumer […]

Auctioneer Sotheby’s and Amazon.com have restructured their arrangement to sell authenticated and guaranteed arts and antiques. As a result, Amazon has turned over the operations of its sothebys.amazon.com web site to Sothebys.com. The two online auction sites will now be combined into one site that will carry the Sothebys name. The arrangement represents new terms […]

IBM’s new eServer line won a powerful ally on Monday. Red Hat Inc., the leading vendor of Linux operating system shipments, today announced its support of IBM’s next-generation of servers. IBM’s newly introduced eServer line is built around open standards. With this announcement, Red Hat Linux™ will run on the entire IBM eServer line and […]

Free Internet service provider, Freei Networks Inc., has cancelled its plans for a $172.5-million initial public offering “in light of current market conditions,” the company said in a regulatory filing. The decision comes a few days after the Federal Way, Wash.-based ISP reportedly cut 30 percent of its workforce. As reported in the Industry Standard, […]

A consortium of about 20 domain-name registrars on Tuesday will make public a proposal to expand on the pools of top-line domain names beyond the currently used “.com” “.net” and “.org” extensions, InternetNews.com has learned. The consortium, which includes competitors such as Register.com and Network Solutions Inc. (NSI), is making its joint proposal as the […]

SPACE.com, the online resource for star-gazing junkies started by former CNNfn President Lou Dobbs, on Friday announced a strategic reorganization that includes the layoffs of 22 workers, or 20 percent of its workforce. The restructuring will affect all parts of the company including publishing, internet, software, broadcast, sales and marketing, and technology. “SPACE.com has grown […]

Hong Kong-based Asia Online Ltd. on Tuesday night decided to pull its $100-million initial public offering citing market conditions. “Based upon changed circumstances in the securities markets, the Registrant has determined at this time not to pursue the initial public offering of equity securities,” the company wrote in documents filed with the Securities and Exchange […]

EDGAR Online, Inc. on Monday announced it has acquired InsiderTrader, a source of insider trading and institutional holdings data, from cash-strapped Individual Investor Group for an undisclosed price. The deal represents an good opportunity for EDGAR Online, which provides business, financial and competitive information derived from U.S. Securities and Exchange Commission data to the corporate […]

Heidrick & Struggles International, Inc. has withdrawn the initial public offering its online subsidiary,

Microsoft Corp. Wednesday garnered some endorsements for its Windows Media Format — a digital media platform that unlike the MP3 platform includes an integrated rights-management system for streaming and downloading audio/video files. Compaq Computer Corp. has chosen the Windows Media format as the default digital media technology for its new iPAQ personal audio players. In […]