InternetNews Staff

Cisco Systems, Inc. Thursday acquired network service providers Fibex Systems and Sentient Networks, Inc. in an effort to enable its Internet service provider clients to ease the transition from circuit-based technology to the asynchronous transfer mode. Cisco will swap $445 million of its common shares in exchange for all outstanding shares and options of Fibex […]

A government agency, a research institute, and a commercial organization in Singapore have partnered to provide an integrated survey processing system called the Survey Answering Guide Expert (SAGE) for conducting the country’s Annual Business Survey this year over the Internet. They are the Singapore Department of Statistics (DOS) of the Ministry of Trade and Industry, […]

The onset of the Internet and hence that of the Internet cultures has sent technology enthusiasts and software developers into paroxysms of delight. For some time now, everyone has been extolling the virtues of networking and networked computing and the Wonder World of the Web. But it has also set leaders like Microsoft changing tack, […]

Online brokerage DLJdirect Inc. Wednesday unveiled DLJdirect SFG Securities Inc., an online brokerage service specializing in Japanese securities. The firm is the result of a joint venture between DLJdirect and Sumitomo Bank Ltd. DLJdirect owns 50 percent of the new entity and Sumitomo Bank controls 20 percent. The remaining 30 percent is divided among Sumitomo […]

Netscape Communications Corp. and FDX Corp. Wednesday signed a multi-year agreement designed to make it easier for consumers to ship packages. FedEx will license Netscape’s Custom Netcenter, a customized Internet portal service, to create a new online shipping site. The site will allow customers of FedEx to customize the portal to include the features they […]

GoOn-line.com, which is developing an online mall site featuring products that have traditionally only been available from infomercial companies on broadcast television. signed an agreement to use RealNetworks as the streaming video software provider for its planned CyberMart. GoOn-line.com, a subsidiary of Jones Naughton Entertainment Inc., said it is currently finishing the bulk of the […]

As a result of parent company AT&T’s recent acquisition of TCI, Liberty Media Group plans to transfer its Internet assets into TCI Music Inc. to form a new Internet-based firm According to published reports, the combined firm will retain the name of Liberty’s interactive unit, Liberty Digital, and will trade under TCI Music’s existing stock […]

Autonomy Inc. Wednesday debuted its new ActiveKnowledge technology, aimed at enterprise users conducting Internet and intranet searches. The new technology works in conjunction with documents created in PowerPoint and e-mail by automatically analyzing ideas presented and then offering real-time links, such as news articles from newsfeeds or Web sites, Lotus Notes files, e-mail messages, word […]

Seagram Co., owner of Universal Music Group, and Bertelsmann AG, owner of BMG Records, Wednesday unveiled an e-commerce alliance worth an estimated $10.4 billion The announcement, disclosed at a New York press conference, will combine Universal labels MCA, Geffen, new acquisition Polygram NV, Def Jam, Mercury, Motown and A&M with Bertelsmann’s entities RCA, Arista, Elecktra […]

Ericsson has committed an investment of S$10 million over two years in setting up a CyberLab in Singapore to provide R&D in Asia-centric data applications, and Internet applications for emerging third generation (3G) telecommunications networks such as EDGE and WCDMA. This is Ericsson’s third CyberLab in the world, after Silicon Valley and New York, and […]

Bethesda, MD-based Emaginet said it has changed the name of the company to e-centives Inc., the better to align with its popular Internet-based promotional offering. e-centives is an online promotions system that offers a suite of promotional tools for e-commerce combined with an Internet-wide distribution network designed to acquire and retain customers. It operates a […]

Mountlake Terrace, WA-based Consolidated Data said it has finalized an agreement with DETK Corp. to purchase its proprietary software, YourBank Online.com, for $10 million in cash and stock. YourBank Online.com is a dynamic browser-based software that uses the advanced technology to deliver user-specific financial services and products via the Internet, intranets or Microsoft’s WebTV. YourBank […]