InternetNews Staff

Just six weeks after its last major update, Oracle Corp. Thursday (Dec. 27) announced the launch of version 7.5 of the Oracle Small Business Suite, powered by NetLedger. New features and enhancements, based on suggestions from customers, have been made in all components of Oracle Small Business Suite, including Sales Force Automation, Customer Support Management, […]

By Ryan Naraine Irvington, New York-based sweepstakes portal iWon.com has closed on a deal to take control of Excite.com, the multi-purpose Web site that was once part of the bankrupt Excite@Home. Once valued at approximately $7.8 billion, Excite.com was sold for around $10 million as the Redwood City, Calif.-based Excite@Home found itself strapped for cash […]

Strengthening its position in the provision of open standards for the competitive Web Services market IBM Corp., today announced that its application server WebSphere and its database software DB2 have become certified as Java Enterprise Edition (J2EE) 1.3-compliant. In complying with J2EE, the industry standard for building Java applications and new technologies for deploying Web […]

By Erin Joyce Shares of Internet hosting company Globix Corp. were trading at 15 cents Friday after dropping below 5 cents on Thursday when the company said it is in preliminary bankruptcy discussions with bondholders. The announcement was part of the New York company’s fourth quarter results that reflected the continuing woes in the telecom […]

Vastera, Inc. , a provider of global trade management solutions, has added Ned Miles and Praveen Pais to the company’s services team. Miles joins the services team as a technical consultant while Pais is a consultant. Miles, a native of Virginia Beach, is a recent graduate of Virginia Tech, and Pais, from Mangalore, India, graduated […]

With the U.S. economy in recession and consumer confidence down, U.S. retailers are continuing to hold back on new IT investments, including B2C applications and e-commerce infrastructure, according to International Data Corp. (IDC). An IDC survey of U.S. consumers done before the holidays found that 72 percent of Americans planned on spending the same or […]

Content management software firm Tumbleweed Communications Corp. has sued online greeting card service eUniverse, Inc. for alleged patent infringements. Redwood City-based Tumbleweed, a B2B firm specializing in e-mail services for business communications, accused eUniverse of infringing on its U.S. Patent No. 6,192,407 patent, which relates to the Private Trackable URLs for direct document delivery. Officials […]

By Erin Joyce Web portal-turned-commerce company Yahoo! Inc. locked in a deal to acquire online recruiter HotJobs for about $436 million, beating out onetime acquirer TMP Worldwide for the assets. Yahoo!’s chief executive Terry Semel said the two companies would “form a powerful new force in the recruitment marketplace and be a valuable source for […]

By Ryan Naraine Less than two years after burning through $67 million in venture funding to build out an ad-supported PC-to-phone service, Santa Clara, Calif.-based Dialpad Communications has filed for Chapter 11 bankruptcy protection from creditors. Dialpad, one of the bigger names in the much-hyped Voice-over Internet Protocol (Vo-IP) space, first ran into trouble when […]

Atlanta-based United Parcel Service Inc. rolled out an electronic return label that capitalizes on the power of the Internet, letting businesses send e-mail shipping labels directly to customers who need to return merchandise. The service is available through UPS OnLine WorldShip software. Rival FedEx also offers return services, including FedEx NetReturn, which already allows users […]

Mid-Atlantic Venture Funds of Reston, VA participated in a second round of funding for Netilla Networks, Inc., a provider of secure remote access platforms for applications, files and data over the Internet. This round provides the Somerset, New Jersey firm with $4 million. Others participating in this round are Ascend Venture Group, Early Stage Enterprises, […]

Storage Computer Corporation, a provider of storage and data delivery systems, today announced a reseller agreement with Logix SA of Courbevoie (Paris), France. Logix is a privately held distributor, marketing to VARS and Systems Integrators throughout Europe. Logix said its reseller base consists of 250 organizations in France, Belgium, Spain, Morocco, and Poland. The company […]