InternetNews Staff

Technology Horizons Corp. in Garden City, NY said it increased its stake in its subsidiary, CDKnet, up to 74% in an exchange for stock in the company, which is developing a multimedia technology for marketers and advertisers. The transaction represents a major step in consolidating the CDKnet subsidiary under the umbrella of Technology Horizons, the […]

Microsoft Corp. and Compaq Computer Corporation each invested over $212 million in Time Warner’s Road Runner business today, finalizing a 10% stake for each company in the cable-modem service. The investment closes out an agreement announced late last year between the companies to launch high-speed online services to cable TV households. Microsoft said it will […]

Qwest Communications International Inc. and Internet service provider CAIS Internet entered into a 10-year, $100 million agreement under which Qwest will provide CAIS with leased and routed IP bandwidth on the domestic Qwest Macro Capacity Fiber Network. The companies said the agreement will extend CAIS’s Internet network from five to 130 cities across the country, […]

Infoseek Corp. in Sunnyvale, CA formed an alliance with Chicago-based Apartments.com, a provider of highly visual, interactive online apartment ads. The deal makes Apartments.com the exclusive online apartment finding content provider on Infoseek’s Real Estate home page, enabling Infoseek users to directly access Apartments.com’s national database of more than 600,000 apartment listings and links to […]

Lycos Inc., which already sponsors a race car, said that it will be the title sponsor of the NASCAR Busch Grand National series race scheduled for Sunday, June 14 at Pikes Peak International Raceway. The “LYCOS.COM 250” will be televised on ESPN beginning at 4 p.m. Eastern Standard Time. Lycos will also be represented on […]

iTRiBE, Inc. in Norfolk, VA signed an agreement with Electric Classifieds Inc. in San Francisco to provide online automotive inventory solutions. iTRiBE said its technology provides migration for auto dealer inventory to the Internet and is being used by companies including America Online, Digital City, Tribune Company and several major auto dealers. Financial terms of […]

Internet auction house ONSALE Inc. said that Debbie Pinkston has joined the company as vice president of advertising sales. Pinkston, who has more than 13 years of experience in media sales and marketing, will direct all aspects of advertising sales for the ONSALE Web site. Pinkston is responsible for developing new advertising sales programs, products, […]

NetRatings’ Online Observer Service reported the top ad banners for the week ending June 6 as follows: Win a Spa Vacation Yahoo! Promotion Yahoo! In Chinese Yahoo! VISA Riddle-me-rich sweepstakes Autoweb – Free music from CDNOW Microsoft’s Expedia.com – Win a trip to the World Cup The Home Run Challenge – Prostate Cancer Research Fundraiser […]

SportSite.com has joined Amazon.com, LandsEnd.com and other companies in cooperative Father’s Day advertising promotions currently airing on NBC-TV. A television first, the network is airing prime-time commercials promoting its GiftSeeker site, found at both NBC.com and NBC Interactive Neighborhood. GiftSeeker features diverse content from NBC along with gift-giving opportunities from retailers such as SportSite.com, American […]

Interfax Communications, a division of Interprovincial Satellite Services (INTERSAT), signed an agreement with MetroNet Communications Group and enhanced its proprietary Internet fax interface. MetroNet Communications Group is Canada’s only national facilities-based competitive local exchange carrier (CLEC). The agreement will establish Internet fax points-of-presence (POP’s) in Vancouver, Montreal, and Toronto. MetroNet services are provided through a […]

Telecom provider e-Net, Inc. announced an agreement with CxTEL, Inc. to distribute the e-Net Telecom 2000 gateway for use in establishing IP telephony service between Europe and the U.S. Under the agreement, CxTEL, a Texas-based Internet service provider, will be responsible for the integration of Telecom 2000 gateways on various Eastern Europe ISP wide area […]

Andromedia Inc. in San Francisco, a supplier of real-time Web site activity analysis solutions, named Roger Sippl, founder of Visigenic Software, The Vantive Corp., and Informix Software, to its board of directors. Andromedia, which recently announced it raised an additional $10 million in equity financing, said Sippl brings vast operations experience to the company’s board. […]