InternetNews Staff

America Online, Inc. Tuesday became the latest Internet giant to dive into the Internet music world by acquiring Spinner Networks, Inc. and Nullsoft, Inc., maker of the popular Winamp MP3 player, in stock deals worth a combined value of $400 million. AOL plans to build branding of Spinner and Nullsoft’s Winamp and SHOUTcast, develop custom-branded […]

barnesandnoble.com said Tuesday it signed an exclusive distribution and e-commerce agreement to sell books on NBC’s portal site, Snap! Financial terms and length of the agreement were not disclosed. barnesandnoble.com said it will handle all order processing, customer service and fulfillment. Snap.com will become a member of the barnesandnoble.com Affiliate Network; members of the Affiliate […]

Calling it the first pure-play Internet company to integrate banking and brokerage services, E*TRADE Group Inc. announced Tuesday it is acquiring Internet bank Telebanc Financial Corp. for approximately $1.8 billion. Terms of the agreement call for Telebanc shareholders to receive 2.1 shares of E*TRADE common stock for each share of Telebanc common stock. The merger […]

E-commerce e-mail provider e2 Software Corp. Tuesday launched e2Mail, an e-mail communications framework aimed at aiding companies boost e-commerce sales through building personalized customer communications. e2 said it provides the service and personalization of e-commerce giants such as Amazon but without the time and expense associated with building a custom-built site. The solution is cost-effective, […]

Irvine, CA-based Autobytel.com said that purchase requests to its Accredited Dealer Network are now resulting in car sales of more than $24 million per day, or $1 million an hour. Mark Lorimer, Autobytel.com president and CEO, said that in a recent survey of e-commerce brand awareness by Opinion Research Corporation, Autobytel.com ranked sixth among e-commerce […]

Buy.Com, an Internet retailer and e-commerce portal site, launched a new online surplus store. BuySurplus.Com, the seventh Buy.Com specialty store, offers a variety of brand-name home electronics and computer merchandise. The site includes a home electronics store, featuring surplus television sets, VCRs, stereos, and other products, and a Computer Surplus Store, featuring computer systems, notebooks, […]

St. Paul, MN-based business-to-business e-commerce solutions provider SPS Commerce, said it has secured $12.2 million in venture funding raised by Donaldson, Lufkin and Jenrette (DLJ). Existing investors St. Paul Venture Capital and CID Equity Capital were joined by new investors Axiom Venture Partners, Damac Al Baraka Investment Co. and Granite Private Equity. “SPS Commerce exactly […]

Looking for a host for your e-commerce site? Willoughby, OH-based FINDaHOST.com has launched as a comparison site for choosing hosting plans. The operation allows users to compare more than 600 site hosting plans from 275 companies. It also features a Performance Reporter, letting visitors read reviews and ratings of hosting company performance submitted by actual […]

Inktomi Corp. Thursday launched its search operations in Europe by signing four European customers. British ISP LineOne (a venture between BT and United News and Media), Swedish newspaper Dagens Nyheter, new media firm Hollinger Digital (UK Max) and Spain’s Telefonica all will integrate Inktomi’s search facilities into their online content in the next few weeks. […]

The formation of the Asia Mobile Electronic Services Alliance (AMESA) Monday brought together 15 industry leaders from various sectors in order to build an infrastructure to support secure mobile electronic services in Singapore, Hong Kong, and other Asian markets. Access to electronic services such as e-banking, e-commerce, bill payment, trading, and information will be made […]

Aimed at providing outsourced messaging solutions for Internet service providers, ISOCOR and IBM Tuesday unveiled ISOCOR’s N-PLEX Internet Messaging server software for IBM’s RS/6000 server. N-PLEX is a server capable of handling large-scale, high-volume messaging requirements. Supporting millions of users, N-PLEX can address specific ISP and enterprise requirements with integrated standards-based directory services and management […]

More than half of the employees of Web community GeoCities are expected to lose their jobs once Yahoo! shareholders approve the $4.5 billion deal. Sources told News.com layoff notices had already gone out to about 300 employees and that GeoCities founder and Chairman David Bohnett will not have a key position in the new company. […]