InternetNews Staff

Westwind Media.com Friday announced the addition of Bertelsmann Online, an online media shop to its growing list of clients. Utilizing Westwind’s unique capabilities, BOL.com will be provided initially with foreign online music channels, one in Germany and the other in the United Kingdom. Both channels will provide BOL.com users with one music channel showcasing hits […]

Internet companies cannot be valued in the same manner as off-line companies. Traditional metrics such as P/E ratios are of little use when most companies post large losses. The industry is instead focused on building brands and obtaining market share. For the near future, quarterly earnings will remain forsaken for long term growth and business […]

SelfCare.com, a traditional health products company that has recently migrated online, Thursday signed a three-year, $21 million deal with Women.com Networks that involves advertising, marketing, co-developed content, joint-membership programs, commerce, and research. The deal calls for SelfCare.com to pay Women.com $21 million over three years, and in return it will receive a variety of things, […]

Nielsen//NetRatings revealed November usage data for the top Internet media players: Real Player, Quick Time and Windows Media Player. Nielsen//NetRatings also unveiled the connection speeds the U.S. Web population uses to access the Internet, which provide important insights into the evolution of streaming media technology and applications. According to November data from Nielsen//NetRatings’ Internet Media […]

MyWeb Inc.com said it has acquired a majority interest in one of Asia’s pioneer online auction companies, Singapore-based Easy2bid Pte Ltd. Financial terms were not disclosed. As a result of the deal, Easy2bid will gain access to MyWeb’s payment and collection infrastructure. This will make purchasing all types of products and services via online auctions […]

U.K. advertising agency Abbott Mead Vickers7BBDO has successfully pitched to run a £100 million ($162 million) global marketing campaign for LetsBuyIt.com. Scaninavian-based LetsBuyIt.com has pioneered the ‘co-buying’ concept which brings consumers together at the site and gets the best deal for them by bulk buying various products. Available in ten European countries, LetsBuyIt.com launched in […]

Internet issues were lower for the third straight day, pushing the Nasdaq to the second biggest point loss in its history. Investors continue to cash out after record rallies only a week ago. internet.com’s Internet Stock Index dropped 56.42, or 6.78 percent, to 775.47 and the Nasdaq Composite plunged another 150.36 to 3727.18 Blue chips […]

TV home shopping channel ValueVision and NBCi, NBC’s Internet spin-off, on Tuesday struck a cross-media deal worth $20 million with online electronics retailer Roxy.com. ValueVision and NBCi back in September formed an alliance which calls for ValueVision to be renamed SnapTV and to closely work with NBCi’s Snap.com portal. At the time, the two companies […]

Sony Corp. and Liquid Audio Thursday joined forces to deliver digital music to portable audio players over the Internet. The companies have made their secure Internet music delivery systems interoperable to enable consumers to playback music downloaded via Liquid Audio on Sony’s portable audio players. With added support for Sony’s OpenMG copyright protection technology, Liquid […]

Moving in for a foothold in next generation DSL deployment, Nortel Networks Thursday said it will spend to $778 million on the acquisition of a DSL platform developer. The company has acquired U.S.-based Promatory Communications in an all-stock deal. Promatory’s DSL solutions enable ordinary copper telephone wires to carry Internet traffic at speeds of up […]

According to a recent sector analysis of the telecommunications market carried out by the German consumer magazine FOCUS, Germans spent a combined total of around DEM3.3 billion (US$1.75 billion) on telephone, fax and Internet during the last year. FOCUS says that the speed of development in the IT and telecommunications is due to the fusion […]

Internet investors were breathing easier by the close after all indices made strong rebounds from a steep sell-off. After plunging 93.12 by noon, the Nasdaq showed signs of life as did the ISDEX, recovering from a 46 point drop at mid-day trading. Still, Internet issues were lower for the second straight day. internet.com’s Internet Stock […]