InternetNews Staff

Young adult market company YouthStream Media Networks, also known as Network Event Theater, said it has completed a $25 million private placement. The shares were purchased by J. & W. Seligman & Co. Inc. Allen & Company Inc. acted as the placement agent in the transaction. Seligman purchased approximately 1.2 million shares of common stock […]

Download technology company Netzip said it plans to offer a syndicated shopping opportunity to its user base during their Internet downloads. The new shopping service is a result of a partnership between Netzip and DoubleClick Inc. in which Netzip has agreed to participate in DoubleClick’s Shopping and Services Program. Financial arrangements were not disclosed. As […]

Mindbridge.com Inc. recently released IntraSmart, an out-of-the-box “instant intranet” application solution for the corporate enterprise, OEM, or application service provider market. Based on server-side Java, the program collection can be deployed on multiple server platforms and accessed throughout the enterprise through normal Web browsers. The package provides multiple, integrated business applications commonly needed in the […]

Arrow Pharmacy & Nutrition Centers launched a new online pharmacy, familymeds.com, offering specialized, one-on-one pharmacy and nutrition services and advice. “Our new online pharmacy was created to match, as much as possible, the patient interaction and education customers experience in our stores,” said Arrow President and CEO Ed. A. Mercadante. “We wanted to give those […]

Perfecto Technologies, a developer of e-business security software introduced AppShield, a “plug and play” Internet application security solution. AppShield provides application-level protection against hacker attacks without requiring modifications to either existing applications or third party software (such as web servers) and without delaying time-to-market, the company said. Financial site Quote.com and PlanetRx.com are among the […]

Toolfarm.com Inc. launched as an online, business-to-business provider of information, software tools and related services to the content creation industry. The site targets the growing number of professionals who use software tools to create digital media for such things as the Internet, television, film and corporate presentations. “Toolfarm.com is applying Internet marketing and sales principles […]

CyberTouch Sdn. Bhd. is opening its first international office in Taipei called CyberTouch Taiwan Ltd. as part of its master plan to become the premier e-consultant in Asia. The outfit will serve the Asian market with Internet consulting services focusing on strategy, technology and creative designs to help Asian enterprises to devise and implement online […]

Only one-in-three (32 percent) Internet users so far have actually made a purchase online, according to data from The Internet Commerce Briefing. Approximately two-thirds (64 percent) have used the Internet to research purchases, the data shows. But why aren’t more people completing those purchases online? The barriers most frequently cited by individuals include product pricing […]

Internet Visa card provider NextCard launched the NextCard eCommerce Index, a list designed “to reflect the success of merchants online.” Compiled from the monthly activity of approximately 100,000 NextCard Internet Visa cardholders, the index is based on the number of actual online purchases, rather than page views or site visits. The monthly rankings will be […]

On the heels of criticism from Internet privacy groups, Amazon.com Friday said it plans to modify its purchase circles and allow its customers to exclude their purchase information from showing up in the feature. Following concerns voiced by groups such as the Electronic Privacy Information Center, Amazon (AMZN) said it also plans to remove specific […]

Alternative browser company NeoPlanet Inc. this week introduced version 5.0 of its namesake browser. NeoPlanet is a Web environment that contains Web browsing, e-mail, instant messaging, chat, and virtual community applications. Users can personalize their browsing environment through the use of “skins” — predefined color and layout schemes that can be applied to the overall […]

According to researchers International Data Corp., almost 60 percent of the worldwide online audience comes from outside the U.S. and that population will generate nearly 46 percent of global e-com spending by 2003, up from 1998 levels of just 26 percent. The IDC report finds that e-commerce is especially strong in Western Europe. E-commerce spending […]