Clint Boulton

After a rough few months in which it saw sorely-needed funding fall through and subsequently layed off 21 of its 30 workers, audiohighway.com filed for Chapter 11 bankruptcy late Wednesday. Filed in U.S. Bankruptcy Court for the Northern District of California in San Jose, Calif. audiohighway.com maintains a small technical and operations staff. In a […]

Software maker Active IQ Technologies Inc. Thursday banded with IntraNet Solutions Inc. to offer Web content management solutions to small- and medium-sized businesses. Financial details of the deal were not made public, but IntraNet Solutions’ Xpedio Content Management system will serve as the initial offering of a complementary suite of software products and services Active […]

Audio and visual entertainment destinations sputnik7 and Palm Pictures Thursday inked a five-year marketing and promotional agreement with online music service provider MP3.com Inc. Financial terms of the deal were not made public. Sputnik7 has licensed Palm Pictures’ music catalog for use in MP3.com’s highly personal My.MP3 service. MP3.com also pledged to create Web pages […]

IBM continued its journey into the open source world Wednesday by inking a major distribution deal with Turbolinux. Financials of the deal were not made public. Under the agreement, Turbolinux and IBM will jointly market and roll out bundled IBM solutions on Turbolinux, including IBM’s DB2 Universal Database, IBM WebSphere family of e-commerce application servers, […]

Yahoo! Inc. made a major push within the enterprise arena Tuesday by signing on 11 new customers and rolling out an upgrade of its portal building software. Terms of the deals were not disclosed. New customers for the Corporate Yahoo! initiative include: McDonald’s Corp., Bayer AG, Janus Capital Corp., Seagate Technology, Merck Sharp & Dohme, […]

Zapata Corp., a fish oil and meat-casings company skeptical analysts say jumped into the dot-com game too late, Tuesday closed the e-doors on two of its Net companies, portal Zap.com and sports site Charged Productions Inc. Zap.com, which consists of the ZapNetwork, said it is currently reviewing the future direction of its operations, but is […]

You can book it — Apple’s long-awaited Mac OS X will ship on March 24, the company promised Tuesday at the MacWorld Expo in San Francisco. Priced at $129, Mac OS X is purported to be the world’s most advanced operating system, as it combines UNIX capabilities with Macintosh applications. Mac OS X will be […]

Citing a delay in securing sponsorship deals, Quokka Sports Inc. posted a greater-than-expected loss along with a revenue shortfall after the market closed Monday. The digital sports entertainment provider said it anticipates a net loss of $19.5 million to $21.5 million — far more than the previously estimated $14 to $15 million loss. Quokka expects […]

Enterprise communication provider Avaya Inc. made its first acquisition Monday by grabbing privately-held VPNet Technologies Inc. for $120 million in cash. The Lucent spinoff, which went public in October, bought the Milpitas, Calif.-based virtual private network specialist to bolster its data networking capabilities. Avaya hopes VPNet’s products will complement its current offerings, giving customers a […]

Amid initial concerns that 3.7 million credit card numbers were poached by a hacker at Egghead.com Inc.’s site, the firm’s skipper moved to allay those fears Monday. In a statement, Chief Executive Officer Jeff Sheahan said an internal investigation, aided by the Federal Bureau of Investigation and forensic security firm Kroll Associates, revealed that his […]

Ameritrade Holding Corp. Monday let 230 full-time and 120 part-time employees go due to a decrease in market volume in the past few months. A spokesperson for the firm told InternetNews.com that the trimmings were made to the outfit’s customer service departments of its two major call centers. Of the 230 full-time cuts, 150 were […]

VerticalNet Inc. President and Chief Executive Officer Joseph Galli resigned Monday after only six months, leaving co-founder and Chief Operating Officer Michael Hagan to fill his shoes. In a sort of musical chairs, Galli decided to leave the Web’s top vertical market provider, opting to drift back into the brick and mortar sector by taking […]