Carol King

Excite Music Wednesday made its debut Wednesday as part of a collaboration between Excite@Home and The MTVi Group. The new service, in part, addresses the 19 million consumers who will use the Internet for downloading music by 2002, according to Byron Smith, executive vice president of consumer broadband services and chief marketing officer, Excite@Home. “Music […]

A newly formed company Wednesday revealed its plan to take the business of healthcare online and make it as easy as to use as an ATM. MedUnite, working with big-name partners, plans to connect all physicians and insurers so they can communicate easily, accurately and inexpensively with their existing systems, according to Dave Cox, president […]

WebMD’s third-quarter results fell short of analyst projections. The site, which links doctors, patients and insurance companies, reported a net loss of excluding restructuring charges of $65.8 million, or 27 cents per share. Analysts had been expecting a loss of 22 cents per share. The financial letdown is attributed to the integration of four recently […]

Ann Taylor, a women’s specialty clothier, debuted its first-ever online store on Tuesday. The launch is just in time for the holiday shopping season. According to Jupiter Research, a e-commerce research firm, 6.3 million U.S. residents will spend more than 50 percent of their holiday budget online this year — an increase of 294 percent […]

Amazon.com has added e-books to its repertoire. The company Tuesday launched an electronic book store that features content that has never before been available in print. The Amazon e-book store currently supports the Microsoft Reader format, which allows customers to download titles to a laptop or PC, and downloadable digital audio titles from Audible Inc. […]

Hewlett-Packard Company Monday reported a 17 percent increase during its fourth quarter. The company’s net revenue stands at $13.3 billion, compared with $11.4 billion in last year’s fourth quarter. The computing systems segment — a broad range of Internet infrastructure systems and solutions for businesses and consumers — showed strong growth. During the fiscal year, […]

Cisco Systems Inc. Friday entered into a definitive agreement to acquire publicly held Active Voice Corp. in a deal valued at more than $300 million. Under the terms of the agreement, Cisco will pay approximately $266 million in stock for Active Voice’s Unity operation and $30 million in stock for Active Voice’s circuit switched PBX […]

Webvan Group Inc. unveiled a virtual makeover Friday. The webvan.com site now displays a redesigned Web store as well as a new logo and branding strategy. The redesigned Web store, designed to make shopping easier, features 11 product category tabs, including electronics, specialty shops, books, CDs and video, petshop, household, fresh market, grocery, baby shop, […]

The Walt Disney Internet Group, which is the Internet business arm of the Walt Disney Company, Thursday released positive year-end and fourth quarter results. Walt Disney Internet Group’s revenue grew 39 percent, to $277.2 million, during the fiscal year 2000 with total revenue standing at $392 million, a 13 percent growth over last year. For […]

Online customer relation management (CRM) is a lucrative business. According to Abderdeen, a provider of technology market consulting and research, spending on CRM software applications is expected to increase by 300 percent over a four-year period. “In 1999, $4 billion was spent on CRM software applications during,” stated Harry Watkins, senior analyst. “That figure is […]

Internet Capital Group Inc. Wednesday cut its workforce by 35 percent. The layoffs were concurrent with the company’s third-quarter report of a $263.9 million loss. For the nine months ended September 30, 2000, the e-commerce company reported a loss of $98.7 million or $.36 per diluted share as compared with a loss of $6.4 million […]

Visitors to Intel’s e-business data store can now purchase analytic software from WebTrends Corp. The alliance, which was made official Wednesday, caters to the exploding number of Internet Service Providers (ISPs), according to Dan Wolff, product line manager, e-business management, WebTrends. “Service provision and hosting is a huge, and still-growing, business,” he said. “By 2002, […]