InternetNews Staff

Firmbuy Inc. in conjunction with iPlanet E-Commerce Solutions, a unit of the Sun-Netscape Alliance, launched a B2B e-purchasing hosted procurement solution aimed at medium-sized companies. Firmbuy said it manages and maintains standardized electronic catalogs containing over two million items from more than 7,000 manufacturers. Firmbuy says it recognizes the significant investment and implementation barriers to […]

Internet issues remained at mid-day levels following this afternoon’s expected announcement that the Fed would raise short-term interest rates by a quarter point. The rate hike is the fourth quarter-point increase in the past eight months. In addition, the Fed hinted at more rate hikes in the near-term future. internet.com’s Internet Stock Index rose 16.57, […]

Hyporium will put Hyperchannel, its trading hub for vendors, distributors and resellers, online this week. In a direct challenge to distributors now establishing e-commerce sites, Hyperchannel, which already has 700 VARs signed up, will be launched in 10 European countries. The system will offer VARs a chance to check stock, compare latest pricing, source product […]

Linux resellers in the U.K. will have access to another flavour of the operating system this week, as U.S.-based vendor Caldera plans to create a European channel. The vendor has followed Red Hat and Corel across the Atlantic and is currently looking for value added resellers (VARs) and distributors for its 100 per cent indirect […]

H&Q Asia Pacific Limited and J. H. Whitney & Co. this week joined with local Internet entrepreneur Laurie Kan in the acquisition of Hong Kong-listed Acme Landis Holdings Ltd. The name of Acme Landis, which is a plumbing and drainage services provider, will be changed to i100 Limited. The prominent investment banks partnered with Kan […]

For the second straight session, Internet stocks shifted into high-gear Tuesday afternoon to post healthy gains in advance of the two-day Federal Reserve meeting which began today. internet.com’s Internet Stock Index jumped 22.33, or 2.74 percent, to 835.94, the Nasdaq Composite climbed 111.62 higher to 4051.97 and the Dow Jones industrial average gained 100.52 to […]

Where’s an investor to turn? With Internet (and non-Internet as well) issues showing extreme volatility, investors might question whether there are any safe havens. One sector that makes the most sense for Internet investors as we navigate these turbulent times is business-to-business (B2B) e-commerce, where there are high barriers-to-entry and no seasonal down-trends. Of course […]

Rounding out its iPlanet portfolio, the Sun-Netscape Alliance Tuesday launched the iPlanet Messaging Server and iPlanet Web Server software, with support for Red Hat Linux. These latest additions, introduced at LinuxWorld this week, join the iPlanet directory server and iPlanet administrator software rolled out in previous months. The scalability and low cost of iPlanet server […]

StarMedia Network Inc. and partners Tuesday grabbed a major Mexican Net directory for $20 million. StarMedia (STRM) put $15 million down for directory and search engine AdNet, S.A. de C.V., while the site’s previous co-owners — major Mexican cable operator MVS Comunicaciones and new media ad firm Moller Network — added $5 million to the […]

Online personalization company Yodlee and search engine AltaVista Co. Monday agreed to deliver clients a co-branded service that lets users view personal account information. Financial terms were not disclosed. AltaVista is the first network to use Yodlee’s Web Personalization Platform, which offers windows to bank accounts, investments and shopping orders among other things. Also, AltaVista […]

Marimba Inc. Monday announced an updated version of its flagship product line, Castanet, which includes self-repair features, installation options and support for Windows 2000. Castanet is an enterprise solution designed to provide infrastructure by which companies can distribute, update, and manage applications and related data over corporate intranets, extranets, and the Internet. Version 4.5 features […]

RealityWave Monday introduced VizStream WebKit version 2.0, for distributing 3D models and environments on a Web site. The WebKit offers new viewing capabilities and faster overall rendering. Developers can post large, complex 3D models and environments on a Web site where visitors can interact with the 3D content by examining a model or by walking […]