InternetNews Staff

Internet stocks finished lower in a broad market retreat, due in part due to comments from Abby Joseph Cohen of Goldman Sachs, who recommended investors decrease their technology holdings. Cohen, who chair’s Goldman’s investment policy committee and has traditionally been one of Wall Street’s most bullish analysts, said she was cutting the percentage of equities […]

Working to break the barrier between advanced applications and fast communication, B2B hosted services provider X-Collaboration Software Corporation continues to experience success with its flagship service X-Community. Over 400 clients have signed up for membership toX-Collaboration’s X-Community and the company expects to build upon that very quickly. X-Collaboration provides a hosted service that enables B2B […]

The French government plans to crack down on illegal Web sites and cybercriminals by requiring anyone posting content on the Internet to identify themselves. During a second reading at the French Parliament of a new law concerned with the freedom of communication, a proposal was added which requires that an author of content on the […]

Softbank Corp, with ownership positions in over 300 Internet companies that includes Yahoo! (YHOO) and E*Trade (EGRP), is a name that both private and public market investors monitor closely. The firm is best known for its global Internet infrastructure and platform. As growth drivers in the U.S. continue to weaken, such as percentage growth of […]

Online Insight Inc., a provider of e-commerce enabling technologies, launched a new product suite called Precision Solutions, designed to increase sales “in complex product and service transactions” and to understand online customer buying motivations. The company said its approach integrates online sales assistance and data analysis solutions to enable merchants to “deepen customer relationships” and […]

Online vehicle resources Autoweb.com, Inc. and CarsDirect.com, Inc. Monday announced they will carpool down the information superhighway by combining resources and brands. The two companies will join forces in the competitive online car-buying space, hoping to improve their reach to those looking to buy a vehicle online. Under the agreement, each company will make undisclosed […]

Internet stocks barely managed to finish in the plus column Monday thanks largely to a pullback in the B2B sector. internet.com’s Internet Stock Index was up 0.23, or 0.02 percent, to 1,080.50, the Nasdaq Composite slipped 4.90 lower to 4958.13 and the Dow Jones industrial average was off 86.87 to 11,025.85. Spyglass Inc. (SPYG) rocketed […]

Gearing up for the deluge of college graduates come May, JOBTRAK.COM has struck a deal to let users of intranet portal firm StudentOnline.com Inc. access its career listings. The job listing site for college students and alumni will offer students, faculty, staff, and alumni with course, event and activity information tailored to their specific interests […]

Freeserve and Barclays Monday agreed to co-create a small business portal which will combine Freeserve’s portal and Barclays’ consumer financial site. Freeserve (FREE) will hold 60 percent of the company while Barclays with control the remaining 40 percent. The venture is nodding to Barclay to woo its 750,000 small businesses/small office clients into the online […]

Optivision Inc. announced Monday that it has closed the first stage of a round of financing worth approximately $5 million. The first stage, involving a private source, has been structured as a bridge loan until completion of the total financing of at least $5 million. The bridge loan will be used for working capital to […]

Japanese mobile phone distributor Hikari Tsushin Inc., Monday invested $29.5 million in Pixo and announced plans for the two companies to form a joint venture for the Asian wireless market. The new partners will develop mobile e-commerce applications for the Japanese wireless audience, with an eye to expanding throughout Asia. Banking on the future of […]

ASP enabler and eServices provider Agiliti today debuted its new distribution model for the ASP market and announced sales partnerships with software developers Great Plains and Microsoft Corp., Web-based developers eAlity and Agillion and e-commerce provider Intershop. “We’re eliminating the biggest obstacle to acceptance of rentable business applications,” said Tom Kieffer, chief executive officer. “We’re […]