InternetNews Staff

Internet grocer Peapod Inc. concluded a restructuring transaction in which it consolidated its licensing business into the newly formed Split Pea Software, Inc. and spun-off majority ownership of the new company. During the fourth quarter of 1998, Peapod completed the installation of its Internet grocery shopping and delivery systems under its license agreement with Coles […]

By the year 2002, hotel bookings via the Internet will generate approximately $3.1 billion in revenues for online providers, up from less than $100 million in 1997, according to a new report from Bear, Stearns & Co. The Internet is poised to be the most significant technological advance ever to affect the economics of the […]

MSNBC on the Internet launched a program to reward frequent visitors to its Web site. The new program, “Return Rewards,” allows users to register every day for frequent-flier mileage prizes totaling 80,000 miles in daily rewards and a 100,000-mile monthly grand prize. Each daily visit to check the top stories, market updates, or any of […]

Interactive advertising tracking and reporting company Straight UP! in San Diego said that Doug Nester has been named vice president of sales. Nester will be introducing Straight UP’s technology to the scores of e- commerce advertisers he has relationships with. In addition, he will be helping to shape the company’s emerging sales strategy for both […]

Scott Schiller has been promoted to senior vice president, advertising sales, at Buena Vista Internet Group (BVIG). Schiller, who previously served as vice president of advertising and sponsorship sales for Disney Online, a unit of BVIG, will now have the expanded responsibility of managing advertising and sponsorship sales efforts, including e-commerce sponsorship, for Disney.com and […]

New York City-based 24/7 Media Inc.said it reached the one billion ad impression per month mark in the fourth quarter of 1998, one quarter earlier than it had anticipated. The growth is the result of newly added Web sites as well as growth from within the existing Web site client base, the ad network said. […]

Borders.com, official online music retailer of the Webcast for the 41st Annual Grammy Awards, is sponsoring a “Grammy Getaway” sweepstakes. Grand prize is a $1,000 Borders shopping spree plus tickets and an all-expense trip paid for two to attend the music industry event in Los Angeles Feb. 24. Beginning Jan. 11, Borders.com users may enter […]

Palo Alto, CA-based Centraal Corp., creator of the RealNames Web page addressing system, signed a strategic distribution and reseller alliance with Inktomi Corp. Under the terms of the agreement, Inktomi will license RealNames, making it available to its portal and other Web site customers. In addition, Inktomi will enable its search customers to promote RealNames […]

Online measurement company NetRatings said eWallet led the list of top 10 banner ads viewed for the week of Dec. 13-19, OfficeMax/Aptiva for the week of Dec. 20-26 and CatalogLink for the week ending Jan. 2. The list for the week ending Dec. 19: eWallet: Type in your name and address ONCE for the rest […]

Determined to increase its member base of 15 million, America Online Inc. is turning to direct marketing. The online giant this week signed an agreement with Monument Communications Inc., a Virginia-based marketer of technology products and services. Monument will lead the new initiative, dubbed AOL Select. Monument said AOL Select will be a network marketing […]

Aiming to boost outside development of the Oracle8i platform, Oracle Corp. Thursday announced it has created a $100 million venture fund. Oracle 8i is the database giant’s newest platform. It is designed specifically to interface with the Internet and Internet applications. Companies teaming up with Oracle in the use of Oracle8i will include established venture […]

EDUVERSE Accelerated Learning Systems Inc., a technology-based developer, manufacturer, marketer and publisher of educational software products, signed a distribution agreement with ESD firm Digital River. The agreement will make its award-winning English language instruction course and software readily available in more than 700 online retail outlets. Financial arrangements were not disclosed. “Through Digital River, we […]