Elizabeth Clampet

Although it was a year later in coming than its PC cousin, Microsoft Corp. Monday finally released a Macintosh version of its Internet Explorer 5 Web browser. The PC version of IE 5 was released in March 1999, but until now Mac users have only had access to version 4. News of Mac version 5 […]

Looking to cash in on the growing business-to-business trend, construction industry portal Buzzsaw.com Inc. Monday purchased PageMasters Inc., a document management company. Terms of the deal were not disclosed. Privately-held PageMasters provides software for engineering, printing, scanning, document processing, and document management for the reprography, architecture, engineering, and construction industries. It has a worldwide distribution […]

In a move to enhance performance for content-driven Web sites, Exodus Communications, Inc. Wednesday invested $637.5 million in Mirror Image Internet Inc., a provider of content distribution services. Mirror Image, a subsidiary of Xcelera.com Inc. (XLA), offers distribution of content to Internet service providers, content providers, enterprises, and end-users. It will have its Content Access […]

Two leading communications firms are working together to expand the reach of high-speed Internet access by providing Europeans with digital subscriber line technology (DSL) in a deal worth $60 million. Nokia (NOK) and First Telecom plc Tuesday signed a contract to deliver equipment to provide high-speed broadband access services using DSL technology. Under the deal, […]

Intel Corp.’s movement beyond desktop chips was furthered Tuesday when it purchased Basis Communications Corp., a maker of network processors, for about $450 million in cash and stock. The acquisition is subject to regulatory approval and customary closing conditions. When complete, Basis will become a wholly-owned subsidiary of Intel (INTC) operating within Intel’s Network Communications […]

One day after winning a $60 million investment from e-tailing giant Amazon.com, delivery service Kozmo.com Tuesday filed to take the company public. Kozmo is expected raise $150 million by trading on the Nasdaq with the symbol “KZMO.” The IPO is underwritten by Credit Suisse First Boston, Salomon Smith Barney and U.S. Bancorp Piper Jaffray, according […]

After years focusing on the consumer market, 3Com Corp. Monday unveiled plans to target the enterprise market through a series of partnerships. 3Com (COMS) is stepping out of its role as a high-end networking firm, and will instead develop a Web-enabled network infrastructure, as well as solutions based on the IP telephony, wireless, broadband and […]

The latest version of Netscape Navigator has been anxiously awaited for some time, but users and developers will have to wait almost another month before seeing even a beta version of the new Web browser. Netscape announced Monday that Navigator 6 is expected to be available in a beta version within in the next 25 […]

Women’s network iVillage Inc. this week settled lawsuits filed by three former executives over stock options. No terms of the settlements were disclosed, but The Wall Street Journal reported no party admitted any fault or liability. Three former executives — Todd Kenner, Joanne O’Rourke Hindman and Steven Carter — filed suits claiming that iVillage (IVIL) […]

Peapod Inc. Thursday announced its president and chief executive officer, Bill Malloy, has resigned, prompting one of its leading backers to nix a $120 million investment. Malloy will step down immediately because of health reasons. He will be replaced by Andrew Parkinson, the online grocer’s chairman and co-founder. Citing Malloy’s resignation, a group of investors […]

Online postage firm Stamps.com Inc. Tuesday became the latest company to expand into the business-to-business space by restructuring to provide Internet mailing and shipping services to large corporations and e-commerce companies. Stamps.com (STMP) will target its B2B services toward enterprise, e-commerce and small business market segments. The company’s enterprise unit will offer companies with more […]

Internet Capital Group Tuesday joined forces with some leaders in the business e-commerce space to create a new incubator aimed at helping B2B startups with financing, infrastructure, technology and legal expertise. eColony is a joint venture between Internet Capital Group (ICGE), VerticalNet (VERT), Breakaway Solutions (BWAY), Comcast and Capital Investment Co. Additional backers and strategic […]