Carol King

Online travel provider Expedia Inc. Tuesday obtained private investments of $50 million from Technology Crossover Ventures (TCV), a leading venture capital firm, and $10 million from Microsoft Corp. As part of the financing agreement, Expedia will issue about 3.6 million shares of common stock and 723,000 warrants with an exercise price of $16.60 in exchange […]

Three weeks after MP3.com Inc. settled copyright suits with Warner Brothers Records and BMG Music, MP3Board Inc. find itself as the center of a legal dispute. A copyright infringement lawsuit was filed Friday seeking to prevent MP3Board from linking users to what the suit termed “pirated music.” Plaintiffs in the suit include Arista Records Inc., […]

The Internet Corp. for Assigned Names and Numbers is being charged with treating a registrant unfairly in handling its application for accreditation. Afternic.com recently filed a lawsuit in White Plains, N.Y., accusing ICANN of violating its own bylaws in refusing to approve Afternic’s application to become an accredited primary registrar. Afternic.com runs a Web site […]

Following a flurry of speculation that began late last week, Lycos Inc. confirmed Monday it was acquiring MetroSplash, owner of Matchmaker.com. The purchase of the personal classifieds site is valued at about $44 million in cash, plus the assumption of matchmaker.com’s stock option plan. The purchase expands Lycos’s offerings, increases the frequency and duration of […]

Lycos Inc. Friday reportedly made a $45 million proposal to purchase personal ad site Matchmaker.com. If the union is consummated, the purchase would be the latest in a string of deals executed in recent years by Lycos. Lycos itself is being acquired by Terra Networks of Spain in a multibillion-dollar transaction. A Lycos spokesman declined […]

To appease objections towards their proposed merger, WorldCom Thursday reportedly offered to sell $45 billion in Sprint assets. According to published reports, if WorldCom sells Sprint’s core wireline operations, it will mark the biggest concession ever made to resolve antitrust issues arising from a merger. WorldCom executives are attempting to avoid blockage of a merger […]

Commence Corp., a provider of e-business solutions for small- and medium-sized businesses, this week released its new Web-based forms solution. Allure Forms allows organizations to instantly capture information from their Web sites and link it directly to back-end databases — extending the functionality of traditional customer relationship management and other database applications. The product is […]

Online grocer Peapod and Stop & Shop, a New England-based supermarket chain, Tuesday began offering online shopping and delivery service in southern Connecticut. Royal Ahold, an international food provider, has ties to both firms. Stop & Shop is a wholly-owned subsidiary of Royal Ahold . In April, the Dutch-based food provider helped to keep financially […]

Redback Networks , a provider of advanced networking, and AsiaInfo , a China-based provider of Internet infrastructure, solutions and software, Tuesday unveiled a plan to speed up and simplify the rollout of broadband services throughout China. Through a strategic alliance, Redback will integrate its subscriber management system with AsiaInfo’s customer management and billing software. Combined, […]

On the heels of America Online’s public resistance in following an open protocol system for instant messaging, AltaVista Co., Monday unveiled an instant messaging service designed to be compatible with similar online services. According to Bill Keenan, AltaVista senior director of tools, the AltaVista Messenger service utilizes Tribal Voice’s PowWow technology. While that technology is […]

Lycos Inc. Wednesday launched an auction site specifically geared toward the needs of small businesses. Lycos Small Business Auctions is an expansion of the company’s existing person-to-person e-commerce auctions offerings. According to Mark Stoever, vice president of search and emerging destinations for Lycos, the site meets the needs of a growing segment. “Studies show that […]

Data retrieved from effectively targeted market research can dictate the success or failure of a product or service. However, until recently, putting market research to work was an expensive proposition that entailed printing, distribution and analytical costs, and that’s just for starters. Using online survey tools and electronic analysis, MarketTools hopes to change the public […]