InternetNews Staff

Internet issues continued gaining momentum in afternoon trading despite comments from Fed chairman, Alan Greenspan that the economy shows no signs of slowing down. Investors shrugged off short-term interest rate hike worries and sent tech related indices higher. internet.com’s Internet Stock Index (ISDEX) was up 18.17, or 1.96 percent, to 945.15, the Nasdaq composite surged […]

Enterprise solution provider Information Builders Thursday launched a Web-enabled reporting and querying solution for the Fukuoka City Bank in Japan. The new application allows customer service representatives to access complete customer profiles in three seconds, as opposed to the three months required previously. With the high-speed solution, the third largest regional bank in the Kyushu […]

Marking the largest consolidation in the online home decorating category, online decorator GoodHome.com acquired online furniture manufacturer FurnitureFind.com for $150 million Thursday. Additional terms of the deal were not disclosed. The privately-held companys will merge more than 200 manufacturer relationships and 100,000 product as well as the most extensive home decorating product selection in the […]

Internet stocks were trading slightly higher in mid-day trading after a number of analyst upgrades and joint ventures were announced. By 12:15 EST, internet.com’s Internet Stock Index (ISDEX) was up 6.91, or 0.75 percent, to 933.89, the Nasdaq composite was adding 55.10 to 4482.75 and the Dow Jones Industrial average had fallen 59.56 to 10501.85. […]

Inktomi Corp. and KPMG Consulting formed an alliance to deliver commerce and other e-business solutions for enterprise and service provider customers. Under the agreement, KPMG Consulting’s Media & Content practice and Inktomi will offer customers a content delivery solution that includes strategy consulting, site architecture planning, network design, product installation, training, and ongoing support. KPMG […]

UK companies would do well to learn simple, cost effective lessons in achieving better customer relationship management by integrating call center capabilities with their online operations, says a new report. Few UK companies have truly built strategies that bring together the power of call centers with that of the Web, says a new report, “Multi-Channels […]

Latin American online auction site MercadoLibre.com launched its U.S. operation, tailored to the U.S. Hispanic community. After penetrating five key Latin American markets with country-specific sites, MercadoLibre is taking aim at the U.S. Hispanic online audience using a consumer advertising campaign, its proprietary technology and strategic alliances with companies such as StarMedia. MercadoLibre offers a […]

GoingToTheRace.com is launching Feb. 20 as a travel site designed to assist auto racing fans with travel plans, and offering race schedules, track information, accommodations, maps and weather data. By pairing the top racing series — NASCAR, GrandAm Road Racing, Championship Auto Racing Teams (CART), and Indy Racing League — with trip planning needs, GoingToTheRace.com […]

Internet stocks headed south in afternoon trading despite positive comments from industry analysts and buy-out buzz surrounding shares of TheStreet.com. internet.com’s Internet Stock Index (ISDEX) fell 4.86, or 0.52 percent, to 926.98, the Nasdaq composite gained 6.88 to 4427.65 and the Dow Jones Industrial average plunged 156.68 to 10561.41. CheckFree Holdings (CKFR) announced it is […]

IMS HEALTH Inc. Wednesday launched NPAnet, an intranet that provides Net access for pharmacies that are members of the National Pharmaceutical Association of the U.K. The NPA represents approximately 95 percent of all pharmacy owners across the U.K. NPAnet, which went live on Feb. 14, is the latest in a series of Web-based services and […]

Destiny Media Technologies Wednesday rolled out version 2.0 of clipstream, their Java- based product for adding streaming audio to Web pages, which features a new audio codec. Because clipstream is Java-based, it is embedded directly in the page, similar to a graphics file. clipstream is more simple for the end user and does not require […]

ViewCast.com Inc. Wednesday inked a reseller distribution agreement with Frankfurt-based MVC, a German distributor and integrator of video conference systems and services. ViewCast.com (VCST) and MVC will demonstrate the Viewpoint VBX video conferencing and distribution system, with scalable video streaming technology, at the CEBIT show beginning Feb. 24 in Germany. The ViewCast.com Viewpoint VBX provides […]