InternetNews Staff

German Interior Secretary Otto Schily is setting up a Task Force to deal with the hacker threat following a spate of recent attacks on popular US Web sites. The committee is intended to clarify the hacker potential in Germany and take measures to strengthen and coordinate the fight against such attacks. German security authorities will […]

Nokia Monday released the newest version of its corporate WAP server for enterprise customers and mobile Internet service providers. The Nokia (NOK) WAP Server Version 1.1, lets companies provide their employees and clients with mobile access to corporate intranets and extranets. The new tool will allow secure and easy access for simultaneous users to popular […]

Alwyn Welch, the chief executive officer of U.K., Ireland and Asia Pacific operations at European IT consultancy Cap Gemini, has quit his post to join Internet incubator Brainspark as chief operating officer. Brainspark also announced Friday its intention to float on AIM, the Alternative Investment Market of the London Stock Exchange. Brainspark, founded in September […]

European Parliament members have created an independent forum for discussing European internet issues and bringing them to the public’s attention. Over 50 MEPs will officially inaugurate the European Internet Foundation (EIF). The Foundation said it will provide wider access to EU policy formation and would try to build a wider participation in online policy debates […]

Canadian wireless Internet Application Service Provider Wysdom Inc. secured U.S. $50 million in its second round of financing from a variety of private investors both in Canada and the United States. The company said the proceeds will be used to open sales, marketing and support offices throughout the world as well as for the acquisition […]

Internet issues headed south along with blue chips and technologystocks in afternoon trading Friday, despite better-than-expected earnings and analyst moves. internet.com’s Internet Stock Index fell 23.43, or 2.48 percent, to921.72, the Nasdaq Composite plunged 137.09 lower to 4411.83 and the Dow Jones industrial average dropped 295.05 to 10219.52. Internet Capital Group (ICGE) gave up 2-1/4 […]

Vodafone is to allow mobile phone subscribers to block information about their location – to stop users being swamped with next-generation spam. Services based on the positioning of mobile phone users are in their infancy, but are expected to take off rapidly – and they include spam. Operators have for some time provided emergency services […]

Telewest‘s phone exchanges have been unable to cope with demand for the ISP’s unmetered internet service launched earlier this week. Customers have been battling against engaged tones to access the £10 a month service, called Surfunlimited. This is despite Telewest telling vnunet.com earlier this week that it was confident it could keep up with demand. […]

On Feb. 10, CMGI Inc. (CMGI) announced a definitive agreement to acquire uBid (UBID) in an all-stock transaction valued at roughly $407 million. The deal itself and the value placed on uBid took me by surprise; uBid was trading at $27, $70 off its $97 high reached shortly after going public on Dec. 4, 1998. […]

Autodesk Ventures, the investment and business development arm of Autodesk Inc., made an equity investment in a start-up called CapacityWeb.com, which is developing an Internet-enabled marketplace for buying and selling manufacturing capabilities. Financial specifics were not disclosed, but Autodesk, a design software and digital content creation tools supplier, will hold a seat on the board […]

Eastman Chemical Co. and Global Logistics Technologies Inc. (G-Log,) a developer of Internet-based logistics systems for the transportation industry, formed a new company called ShipChem.com, a virtual logistics provider for the chemical industry. ShipChem.com will address the high cost of transporting raw materials and hazardous materials in the chemical industry, the companies said, offering a […]

Worldwide B2B e-commerce is projected to surpass $7.29 trillion in 2004, and the North America region will account for 39 percent of the market with revenue of more than $2.84 trillion, according to a new report. In 1999, worldwide B2B e-commerce reached $145 billion, and the North America region accounted for 63 percent of the […]