InternetNews Staff

SAP’S strategy for supplying its users with electronic procurement capabilities is under fire from analysts as too proprietary. SAP is banking on organisations turning their enterprise resource planning (ERP) systems into internet-enabled mechanisms for buying and selling between themselves, creating so-called trading hubs. To enable this, SAP has invested heavily in its mySAP.com Marketplace trading […]

Chemdex Corp. said it has established Ventro Corp., a new company focused on building and operating next-generation business-to-business vertical marketplace companies. Ventro was created to leverage the assets originally developed by Chemdex in the life sciences market across multiple vertical marketplaces, Chemdex said. Ventro is a publicly traded company that incorporates all of the existing […]

Recognizing a market that has yet to be cornered, Lucent Technologies Wednesday launched a high-speed optical networking system. Designed by Bell Labs, Lucent’s (LU) new WaveStar DataExpress 10G is optimized to carry IP traffic and enables emerging carriers and ISPs to build reliable regional data networks operating at speeds of 10 gigabits per second — […]

In a move to expand performance of traditional local area networks, Cisco Systems Inc. Wednesday introduced new “wide area network” (WAN) capabilities with the introduction of the FlexWAN module. Cisco’s (CSCO) latest offering enables enterprise customers to benefit from scalable bandwidth and intelligent services with a smooth migration path toward optical networking. It offers a […]

Venture capital giant Accel Partners and private investment firm Kohlberg Kravis Roberts & Co. formed a new company Wednesday to integrate clients’ online and offline assets. Financial terms were not disclosed. The new company, Accel-KKR Internet Co., will be composed of leading executives from brick-and-mortar and Internet businesses. The joint venture will also invest in […]

Realty Plus Online Inc., a pioneer in paperless transaction technology for the real estate industry, said it will launch CloseYourDeal.com, a secure site that automates the entire real estate transaction over the Internet, including the closing. Realty Plus Online said it will deliver “the only system that brings all closing parties in a transaction together, […]

WebPerfect Solutions Inc. Tuesday launched mobile intranet service in which users can send and receive e-mail from any standard e-mail account, view their calendar and update system tasks from their phones. With the new application, WebPerfect Solutions’ clients can access the intranet service from any WAP, WML or HDML-compliant device anywhere in the world. The […]

Business-to-consumer (B2C), business-to-business (B2B) and even consumer-to-consumer (C2C) e-commerce are channels that most Internet stock investors are well aware of by this point. But what about business-to-government (B2G)? A lot of investors might be thinking bureaucratic red-tape, old legacy speed and strict regulations. These investors are exactly right! But this is no time to sound […]

Computer powerhouse Dell Computer Corp. Tuesday launched a Web hosting initiative to cater to small- and medium-sized businesses. Through a new site, Dell (DELL) will provide the Internet infrastructure, services and e-commerce expertise necessary for these businesses to grow and serve their customers on the Web. Dell’s new site offers clients Web site design services […]

Red Hat and RealNetworks teamed to deliver integrated media delivery solutions based on RealSystem G2 and Red Hat Linux. As part of the agreement, RealNetworks’ RealServer 7.0 will be physically bundled with Red Hat’s (RHAT) open source operating system software. Service and support for this enterprise solution will be collaboratively provided by both companies. The […]

Bertelsmann is to sell its 50 percent stake in the online service AOL Europe by the end of March, according to sources at the German newspaper Süddeutsche Zeitung (SZ). The SZ reported in its weekend edition that the share package will be taken over by the American parent company of AOL Europe, America Online; whether […]

Bowing to the fierce investor demand which has shut down market trading on two Net IPOs in the past month, the Paris stock market, the Bourse de Paris, has created two new indices for technology companies. The official launch for the two is scheduled for the end of this quarter. The indices have yet to […]