InternetNews Staff

Dell has made a strategic investment in local Internet incubator Techpacific.com, which will provide hardware and support to the company’s incubator center in exchange for a 2 percent stake. The investment will give Dell a seat on the company’s advisory board and allow the computer distributor to be involved in Techpacific.com’s e-commerce enabling service for […]

Global communications company Primus Telecommunications Group, Inc. hopes to accelerate its initiative to launch ASP and e-business services in the U.S. using its acquisition last week of ISP Shore.Net as a springboard. Mclean, VA-based Primus Telecommunications Group, Inc. offers a portfolio of bundled domestic and international e-commerce, Internet, data and voice services. New England-based Shore.Net […]

Leading technology player IBM last week announced an agreement with ASP software provider Citrix Systems, Inc. that is expected to act as a catalyst in the growth of the ASP industry. IBM and Citrix Systems Inc. will offer software developers a fast way to make existing applications ready for server-based hosting in ASP data centers […]

In a match that would seem made in heaven for companies serving the frequent-mover market of government and military families, the MyGovClub.com marketplace formed an alliance with HomeFair.com, part of real estate network Homestore.com. Military members and their families are a transient community, as are many federal government employees, often required to relocate and sometimes […]

The 21-year-old hacker with the alias “Mixter”, who allegedly created the program used for the crash of several big-name sites in February, was sentenced late Friday by the Hanover regional court to a 6-month youth prison sentence. The sentence was suspended to a two-year period of parole. Prosecution points included “computer sabotage” and “spying for […]

Internet stocks staged an afternoon comeback Friday recovering from a sell-off that had sent the ISDEX down almost 5 percent. For the first time in three days, issues finished the day in the green. internet.com’s Internet Stock Index rebounded nicely, + 10.66, or 1.12 percent, to 960.23, the Nasdaq Composite jumped 114.71 higher to 4572.60 […]

The TriZetto Group, Inc. and IMS Health announced this week a strategic merger that is expected to create a global leader in the B2B eHealthcare information services arena. Healthcare ASP The TriZetto Group, Inc. hosts software for a monthly fee through HealthWeb, its Internet portal. Information solutions provider to the pharmaceutical industry IMS Health operates […]

Open Text Corporation and KPNQwest this week announced a joint services agreement at the ASP Summit Conference in London that will place Open Text in the European ASP space. The agreement between provider of collaborative intranet, extranet and e-business applications Open Text Corporation and pan-European data-communications provider KPNQwest offers Open Text’s Livelink software through KPNQwest’s(KQIP) […]

Space news, entertainment and educational content site SPACE.com raised $50 million in a second round of funding led by SpaceVest and joined by Blue Chip Venture Company and PaineWebber, as well as first-round investors Venrock Associates and Greylock. These investors join NBC, which announced last week that it had acquired a minority equity stake in […]

OceanConnect.com, scheduled to formally launch in May as an independent online marketplace for the sale of marine products and services, said that Nippon Mitsubishi Oil Corp., Japan’s largest oil company, has committed to becoming an equity participant. The site is being designed to provide an easy-to-use, fast and price-efficient way for both buyers and sellers […]

Claiming to deliver the world’s first Web-based accounting solutions to small businesses, NetLedger yesterday afternoon announced the launch of a new, consolidated Data Center, establishing the company as the largest Linux installation of Oracle worldwide. “None of the other ASPs in this space have a data center architected like this,” Dave Durkee, chief information officer, […]

Internet stocks remained volatile throughout the trading day Thursday and finished lower for the third straight session. Infospace continued its plunge into the abyss while share of LifeMinders.com were bucking the trend. internet.com’s Internet Stock Index lost 39.38, or 3.98 percent, to 949.57, the Nasdaq Composite dropped 186.52 to 4458.15 plunged 144.98 to 4,499.69 and […]