InternetNews Staff

Incubator company Internet Venture Works (IVW) entered into a partnership deal with J.W. Childs Associates LP, a private equity firm with $1.5 billion of equity capital under management. The move is aimed at accelerating the transition of brick and mortar companies to the online market, including the rapid creation of online subsidiaries of numerous J.W. […]

Upscale Internet retailer Ashford.com launched a new corporate gift site offering more than 800 new products in addition to a wide selection of the more than 13,000 products available on its general retail site. Over the next month, 500 more products will be added to the corporate site, which is launching with more than 50 […]

Furniture retailer Rooms To Go signed a deal with Interiors Interactive Inc., a developer of interactive applications, to create and manage a “Room Designer” Web-based application that will allow consumers to lay out and arrange rooms online. As part of the deal, Rooms to Go (RTG) will be able to deploy Interiors Interactive’s Digital Asset […]

The giant Web services firm created from the merger of Whittman-Hart and USWEB/CKS Friday chose VSA Partners and McKinney & Silver as its agencies of record for branding and advertising, respectively. “The new company we’re creating through the merger of Whittman-Hart and USWeb/CKS will give the same care and attention to building its own brand […]

Broadband service provider SoftNet Systems Inc. and Pacific Century CyberWorks Ltd. Thursday launched a joint venture in Asia. Pacific Century SoftNet has been formed to develop broadband market on the Pacific. The hybrid firm seeks to offer broadband services to cable operators and their 130 million subscribers in more than 50 Asian countries. Lawrence Brilliant, […]

Internet issues lost their momentum in afternoon trading, despite a strong showing from two high-profile initial public offerings. internet.com’s Internet Stock Index lost 7.43, or 0.74 percent, to 1,000.45, the Nasdaq Composite lost 29.65 to 4754.43 and the Dow Jones industrial average closed up 26.99 to 10164.92. Palm Inc. (PALM) jumped 56-15/16, or 150 percent, […]

Secure document company MicroVault Corp. launched an Electronic Bill Presentment and Payment (EBPP) solution called NetCourier that uses e-mail “to bring control, convenience, and confidence to both billers and consumers.” The company said that billers such as telephone, credit card, mortgage and utility companies can prepare their recurring bills and deliver them to their customers […]

Internet stocks rose higher in afternoon trading bouyed by two monster IPOs and positive comments from industry analysts. internet.com’s Internet Stock Index rose 16.07, or 1.62 percent, to 1007.99, the Nasdaq Composite was up 86.10 to 4782.79 and the Dow Jones industrial average matured 8.69 to 10137.00. MatrixOne (MONE) rocketed 48-13/16 to 73-13/16 in its […]

Phillip J. Lawlor’s Apex Global Internet Services last week declared bankruptcy when it filed for relief from its creditors while in Chapter 11 reorganization. Established in 1994, the small backbone operator provided network services to more than 300 regional Bell operating centers, content providers, large corporations and independent Internet service providers. Although the company had […]

Chase Manhattan Wednesday gave its clients access to an electonic marketplace offered through the bank’s co-branding alliance with TradeOut.com. The alliance gives businesses access to an outlet where they can dispose of excess inventory and assets. Chase, through its newly formed business unit Chase.com, is focused on creating Net-based business models. The co-branded service promoted […]

Apple Computer Inc. Wednesday rolled out the latest version of its application server software that develops enterprise network applications for intranet and e-commerce Web sites. Already a complete application server, WebObjects 4.5 features tools that increase reduce Web application development time and can improve performance by more than 50 percent. WebObjects is an open, standards-compliant […]

UK cable operator Telewest has stopped accepting new customers for its unmetered Internet service while it sorts out continuing technical problems. No new subscribers will be accepted for at least three weeks while Telewest upgrades its modem and network capacity to cope with the heavy demand for its £10 a month Surfunlimited service. The news […]