InternetNews Staff

Portal site Cosmoz.com has signed a letter of intent to acquire StreetIQ.com, a women’s financial community site that offers commentary, investment resources, chat and discussion forums. Financial terms were not disclosed. “We’re very excited about joining Cosmoz.com,” said Kelly Black, StreetIQ.com CEO. “They have done an excellent job of aggregating e-commerce, financial and entertainment Web […]

The Confederation of Indian Apparel Exporters (CIAe) has formally launched its Web site and aims to bring the Indian garment industry closer to online training, e-commerce and Internet-based information sharing. “The Indian garment industry has not exploited the benefits of newer technologies to boost international trade. The Internet is one of them. In fact, the […]

Compaq Computer Middle East, Mediterranean & Africa (MEMA) partnered with Oracle and Monday took its Gulf NonStop eBusiness Strategy & Unix show to the road, stopping first in Abu Dhabi. The roadshow will visit five Gulf countries and demonstrate e-commerce and e-business solutions provided by Compaq and Oracle’s and solutions, according to published reports. The […]

Home-centered specialty retailer Williams-Sonoma signed an e-commerce alliance with CondeNet’s Epicurious.com, a food destination online and home of Gourmet and Bon Appetit magazines. Epicurious visitors will have one-click access to Williams-Sonoma products related to Epicurious content and recipes. The companies will split revenues received from joint sales; other financial arrangements were not disclosed. “Our goal […]

Game show site Gamesville.com Inc. said it has received over $14 million in its first round of venture capital financing. Flatiron Partners was the lead investor, joined by Softbank Technology Ventures, Highland Capital Partners and General Catalyst Internet Partners. Gamesville.com 1.4 million registered visitors who play ad-backed, real-time, massively multi-player game shows and win prizes. […]

SneakerLabs Inc., a provider of Web-based collaboration products and services, released iServe, a proactive customer contact solution enabling companies to provide live, browser-based customer and sales assistance over the Internet. SneakerLabs also said it will make iServe available at no charge on a limited basis to qualified corporate users. iServe offers e-commerce companies the ability […]

GTE SuperPages.com, an online shopping destination and Yellow Pages site, said it is building a searchable database of ALL the products for sale on the Web. To begin building the database, GTE recently released several “spiders” onto the Internet. Those spiders are currently searching the Internet for all e-commerce-enabled sites and indexing the products for […]

Lucent Technologies Inc. is eyeing an acquisition of Nexabit Networks Inc., which manufactures high-speed Internet switches, in a continuing effort to expand its networking products. Word of the talks comes a week before Lucent is scheduled to finalize its acquisition of Ascend Communications. According to published reports, Lucent is willing to pay between $600 million […]

iMALL Inc. and BigOnline, a Web site developer for members of business and professional affinity groups, signed a deal to deliver a new suite of e-commerce services to BigOnline’s existing base of more than 4,000 merchants and professionals. Under the terms of the agreement, BigOnline will offer its customers a state-of-the-art solution, including an integrated […]

CBS Corp. Wednesday took a 30 percent stake in Baby Boomer-oriented media company ThirdAge Media, Inc. in exchange for $54 million in advertising and promotion. The agreement gives CBS warrants for an additional 5 percent of the company. CBS Corp. will also take positions ThirdAge Media’s board of directors. ThirdAge Media, Inc. will receive the […]

Singapore-based Eastwest Public Relations will be bringing the Virtual Press Office (VPO), an official online press office for more than 75 of the largest U.S. trade shows, to Asia. In a one-year licensing agreement with Virtual Press Office Inc., Eastwest will market the service in Asia, specifically in Singapore, Japan, Hong Kong, China, Australia, New […]

E-commerce company CitX Corp. canceled a planned merger with CBQ Inc., saying that due diligence studies indicated the merger would not fully promote the business strategies and objectives of CitX. Instead, with the help of Capital House in Washington, DC, CitX said it will focus on securing capitalization through private placements, and advancing the potential […]