InternetNews Staff

The market for e-commerce services in the United States is predicted to boom, reaching more than $64 billion in 2003, says a new industry forecast. The explosive growth will come as companies grapple with complex Internet initiatives linking internal technologies and processes to suppliers and customers, says the report from Forrester Research Inc. The increased […]

Pet products site Pets.com raised $35 million in a third round of funding from its current investors, Amazon.com, Bowman Capital Partners and Hummer Winblad Venture Partners, as well as from new investor Phoenix Capital Partners. Combined with the more than $60 million raised by Pets.com in its first two rounds of funding, the investment in […]

Party supply and entertaining ideas site Great Entertaining Inc., which launched its site only last month, closed on $31 million in second-round funding. The round was led by Technology Crossover Ventures (TCV), joined by Benchmark Capital, the exclusive provider of Great Entertaining’s first round of funding, which has now doubled its original investment in the […]

Internet service quality measurement firm Keynote Systems expanded its infrastructure of local and regional measurement computers to 120 locations in 50 metropolitan areas around the world. The company said it now can collect up to 100 million performance and availability measurements per day. The expansion increases the ability of the Keynote Perspective service to provide […]

Internet pure-play competitors face a major challenge from more traditional companies that implement multi-channel e-business (MCEB) strategies, says a new report. Killen & Associates said that 75 percent of “global 2000” companies will be employing MCEB strategies by the year 2005. This represents a dramatic shift in the way e-business will be pioneered and applied […]

Network Solutions Inc. and The Internet Corp. for Assigned Names and Numbers Thursday struck a deal with The Department of Commerce that will govern the future administration of the domain name system. Network Solutions (NSOL) will get control of the database containing the record of domain names already registered for the next four years along […]

StarBase Corp. Thursday unveiled a new integrated suite of products to create, test and deploy Web-based enterprise applications. The StarBase (SBAS) eCycle Management strategy is based on the eCycle Framework of two new StarBase products, StarGate and StarBase Server, complemented by an expert consulting and professional services group. StarBase Server, scheduled for delivery in March, […]

Prodigy Internet members have stepped into the lead in a race to connect through high-speed Digital Subscriber Line access. Prodigy Communications Corp. and SBC Communications Inc. have signed an agreement to provide DSL service to Prodigy Internet customers. The agreement will enable Prodigy (PRGY) customers to gain access to the Internet at speeds up to […]

DrDrew.com, a new health and lifestyle destination site from television and radio doctor Dr. Drew Pinsky, said it has received new equity investments totaling $7.5 million from venture capital, media and individual investors led by Softbank Venture Capital. Also participating in the round of funding were media company Freedom Communications and the venture capital firms […]

Electronic commerce processing and electronic billing and payment company CheckFree opened a new Contact Center in Phoenix, AZ. Employees at the Phoenix location will handle inbound calls from subscribers and partners and outbound payment research. CheckFree associates also will be available to support overflow calls whenever necessary. The new facility adds depth to the company’s […]

SavingsYellowPages.com has launched as a savings portal to blend community, content and commerce. SYP is designed to be the savings starting point for Internet users who want guidance in finding and evaluating the thousands of outstanding discounts, coupons, rebates and special offers available to them on the Web. Members will also be advised of new […]

Winstar Communications Inc. launched Office.com, an online business service for small and medium-sized businesses. A unit of Winstar, with a one-third equity stake held by CBS Corp., Office.com was designed to be a destination site for business-relevant content, commerce, community and communications services from best of breed partners and in-house experts. The site features free […]