InternetNews Staff

Hotel industry transaction processing company Pegasus Systems Inc. signed a definitive agreement to pay $250 million for REZsolutions Inc., a provider of reservation technology systems and representation services to the hotel industry. Pegasus said the acquisition would enable it to offer hotels and travel agents a much broader product line, and will strengthen Pegasus’ presence […]

Real-time e-commerce transaction services company CyberSource Corp. and eCredit.com established a relationship designed to provide online merchants the ability to offer credit, financing and credit card payment options to business and consumer customers. eCredit.com will integrate CyberSource’s Payment and Risk Management Services as part of its Global Financing Network. Financial arrangements were not disclosed. “With […]

Start-up B-to-B e-commerce site BidTheWorld.com launched as a platform for conducting reverse auctions of RFPs (requests for proposals) issued by businesses. The business-to-business reverse auction site allows a business purchaser to post an RFP and obtain competitive bids on the purchase proposal from suppliers worldwide. The reverse auction site is interactive with dynamic bidding by […]

A new survey of Internet entrepreneurs shows a possible cooling of IPO mania. Half (49 percent) of the privately held Net firms surveyed say they have no plans to go public. The information is from Ernst & Young’s first “Netrepreneur Survey” of 150 Internet company founders. The survey examines how online entrepreneurs differ from their […]

Home decor e-commerce site MyHome.com signed a multi-million dollar agreement with America Online for several gold tenant positions and one anchor tenant placement in the Shop@AOL marketplace. MyHome.com will have an anchor tenancy in the Tabletop & Entertaining department, as well as gold tenancies in the Home Improvement, Housewares & Appliances and Home Furnishings departments […]

Ticketmaster Invests in ActiveUSA.com Ticketmaster Online–CitySearch Inc. made an undisclosed investment in the newly combined RaceGate.com and ActiveUSA.com, which will be called ActiveUSA.com. An online local participatory sports registration and reservation company, ActiveUSA.com will allow consumers to book online reservations for local and national events in as many as 60 different sporting categories through citysearch.com […]

Online search provider Searchbutton.com unveiled the latest version of its namesake service Thursday at the Search Engine Strategies seminar in San Francisco. Version 1.4 of the search tool is designed specifically for hosted Web sites that want to provide a search engine for their vitiators. The tool boasts no hardware or software to install and […]

German news magazine Focus Online is launching a Unified Messaging Service (UMS) with Canbox Communications GmbH. The service offers a free, central communication control can be set up under the magazine’s online service. Users are given a telephone number and email address with fax facility, Web-based telephone answering service, and a quota of SMS messages. […]

RSW Software, a provider of Web application testing software, delivered e-TEST Suite 4.0, calling it a testing solution powerful enough to meet the requirements of large scale Web applications. Enhancements include the ability to emulate tens of thousands of virtual users on low-cost NT workstations, to extend Visual Scripts using standard programming languages, and to […]

The Chase Manhattan Bank and e-commerce company ShopNow.com Inc. launched a Chase-issued ShopNow.com MasterCard available at both sites. The card rewards online shoppers with a 5 percent Click Cash Rebate. To receive the rebate, shoppers must make their online purchases in the Products, Gifts or Brands areas of ShopNow.com. (Purchases made through the Stores area […]

Juno Online Services Inc. launched Shop@Juno, an Internet shopping channel for consumers who visit Juno’s portal site on the Web. The shopping site draws on a network of 47 marketing alliances between Juno and various e-commerce Web sites including 1-800-FLOWERS, Art.com, Bluefly, Crutchfield and Garden.com. Shop@Juno categories range from apparel and automobiles to toys and […]

Lycos Inc. and leading online financial data provider Equifax Inc. Wednesday launched a co-branded Web site that provides clients online access to credit information and other financial products and services. Through Equifax-branded integrated text links on Lycos’ (LCOS) business, careers, auto, real estate and investing Web guides and the LYCOShop online shopping destination, consumers can […]