Carol King

Oracle Corp. Tuesday launched Oracle9i, a new version of its flagship database. The product, which is aimed at e-businesses, boasts a patented cache-fusion cluster technology. The technology aims to produce linear scalability and reliability by quickly sharing frequently accessed data across all the servers in a cluster, resolving all manners of contention between servers in […]

Wal-Mart Stores Inc.’s online shopping site, walmart.com, is temporarily closed for remodeling. According to the company, the site will be closed for the first few weeks of October. “This temporary measure will enable us to provide you with an improved store, designed to meet your needs for an easier, more pleasant shopping experience this holiday […]

Individual Investor Group Inc., a financial media company, Friday announced it has raised about $8 million through the sale of several non-core assets. As reported in InternetNews.com, EdgarOnline, the provider of business, financial and competitive information devices from U.S. Securities and Exchange Commission data, bought InsiderTrader.com, a subscription-based Web site. On Friday, Individual Investor also […]

Covisint, an automotive ebusiness trading exchange, has been given the green light to set up shop. As previously reported by Internetnews.com, the company — which is comprised of DaimlerChrysler, Ford Motor Company, General Motors, Renault/Nissan, Commerce One and Oracle — had received FTC approval in September. On Thursday it received the nod from the German […]

Garden.com, an online retailer of gardening products, information and services, Thursday cut its workforce by 30 percent, affecting 93 people. The action is meant to lower operating expenses and streamline operations. Simultaneously, Garden.com debuted its Trellis business division, which is an attempt to add a business-to-business component to the company’s focus. Garden.com said it plans […]

WebMD Thursday reported that its board has approved a restructuring plan that includes the layoffs of 1,100 jobs by the end of the year. WebMD’s board said the plan should create a savings of $250 million by fourth quarter 2001. Phase I of the plan, which is already in effect, includes the consolidation of offices […]

Changes in command continue to take place at Webvan, the online drug and grocery delivery service. Robert Swan on Wednesday was promoted to chief operating officer, a newly created position. He previously held the title of chief financial officer. Additionally, Mark X. Zaleski, senior vice president of area operations, resigned to accept a position of […]

PMC-Sierra Inc. , a maker of broadband communication semiconductors, Tuesday acquired packet content processor company, SwitchOn Networks Inc. The stock-for-stock deal is valued at $450 million. Upon completion, the transaction will be accounted for as a pooling of interests. The technology provided by SwitchOn is critical to the creation of next-generation IP equipment such as […]

Two leading chip makers continue to clash over allegations of patent infringement. Broadcom threw the most recent jab late Monday when it filed a preliminary injunction to block Intel from marketing, sampling, distributing or shipping, its 82543GC Media Access Controller product. According to the motion, Intel and its subsidiary, Level One Communications Inc., have shown […]

NBC Internet Inc. (NBCi) Monday said it has completed the integration of its online family of web sites and relaunched as “Your Personal Agent on the Web.” The launch of the portal marks a significant step in the refinement of NBC’s business, product and branding strategies, according to Will Lansing, CEO of NBCi. “For the […]

Webvan is delaying its expansion plans and, according to one report, could even scale back on the previously touted development of its New York City facility. Research issued by Goldman Sachs noted that the online grocery and drugstore delivery service will benefit from delaying the opening of its Baltimore, Md., and New Jersey-based distribution centers. […]

Webvan Group Inc. is bringing its online grocery and drugstore delivery services to the South Bronx region of New York City, unveiling new opportunities for an area that has been in financial distress. WebVan’s decision to move into the South Bronx underscores the multiple advantages for corporations to expand beyond traditional commercial districts. While the […]