InternetNews Staff

Travel e-commerce site Lowestfare.com signed with Pegasus Systems Inc. for private label, real-time online hotel booking capabilities. Lowestfare.com is scheduled to implement Pegasus’ online booking engine in late April 2000. Financial arrangements were not disclosed. Pegasus provides hotel industry transaction processing solutions to other companies and also operates its own consumer Internet travel reservations site […]

Bank One Corp. this week launched eMoneyMail, creating what it called “the country’s most flexible and secure way for individual consumers to send and receive money.” “eMoneyMail (with 128-bit encryption security), meets the needs of anyone, anywhere in the United States who needs to send or receive up to $500 in cash at one time,” […]

Littlewoods, the giant retail leisure group and Britain’s biggest privately-owned company, will this week unveil its new Internet strategy in a move which could see one of its main divisions floated. In recent months the Liverpool-based group has been working to develop a new leisure focus in the wake of plummeting sales that saw turnover […]

Confusion and complaints over ads placed in the read-and-write area of e-mail pages on Microsoft’s WebTV led the company to pull the banner ads the day after the new placement was deployed. Such conflict highlights the need to be sensitive and clear with ad placement, even while Web companies seek to wring as much revenue […]

Distributed e-business system company Comergent Technologies Inc. completed a $53.7 million Series B financing led by Pivotal Asset Management LLC. Also participating were Cisco Systems Inc., Ariba Inc. and Morgan Stanley Dean Witter Private Equity. Existing investors CrossPoint Venture Partners and SOFTBANK Venture Capital also contributed. Comergent said it will use the money to support […]

Build-Online.com, a business-to-business e-commerce site for Europe’s $830 billion construction industry, completed second-round funding of $16.9 million. The funds will drive expansion across Europe, just five weeks after its launch in the UK and its first year in Ireland, the company said. The second-round investors include Goldman Sachs, Viventures (the French venture capital firm backed […]

Internet stocks zoomed higher as investors continued pouring money into the business-to-business e-commerce and wireless sectors. VerticalNet was a dominant factor in the NASDAQ’s close above 5,000. internet.com’s Internet Stock Index closed up 42.29, or 3.95 percent, to 1,111.96, the Nasdaq Composite soared 149.60 higher to 5046.86 and the Dow Jones industrial average gained 154.20 […]

XYPOINT, a provider of phone location and wireless Internet services, signed a partner deal with business-finder service company Vicinity Corp. that will let consumers receive retail and service provider locations and driving directions on any wireless phone. The service works on any analog or digital handsets used by the nation’s 85 million wireless consumers, XYPOINT […]

Ad firm 24/7 Media Thursday took an undisclosed equity stake in Infogate, which makes a financial information toolbar, and became the exclusive advertising sales rep for the toolbar. Financial details of the transaction weren’t disclosed. “Infogate is a breakthrough Internet service and desktop tool that will provide a unique vehicle for advertisers to engage consumers,” […]

Sports content provider Sports.com announced Tuesday the launch of three country-specific sites in Germany, Italy and Spain. The local versions will be produced in the language of each country and will cover six to eight sports. The new sites bring the total number of Sports.com’s European operations to five, the others being highly successful ventures […]

One of the most widely publicized and talented and successful venture capital firms in the world is Draper Fisher Jurvetson. You remember Tradex Technologies (acquired by Ariba), GoTo.com (public), NetZero (public) and Kana Communications (public)…right? These, among many other high-profile private and public Internet companies, are DFJ partner companies. Draper Fisher Jurvetson was founded in […]

Liberty Surf said it is prepared to launch its IPO on the Paris stock market next week, and the company intends to raise 300 to 500 million euros ($286 to $477 million) through the listing. The French free ISP plans to enter the Paris market through a flotation of 10.9 million shares on March 16. […]