Maura Ginty

Internet venture capital firm Garage.com Friday said it raised $100 million for startups last year, and topped off the milestone with news on its international expansion strategy. The startup investor intends to open a London office by the end of this quarter, which will cater to Garage.com’s investment strategy in Europe. The new expansion follows […]

BBDO Interactive this week purchased a 49 percent stake in Israeli Internet and multimedia firm Goldfish and plans to add the company to its network on interactive ad agencies. BBDO will spend $3.43 million on the holding, with the option to purchase an additional 21 percent. After the deal is final, the company will operate […]

Aiming to capture the European business IP market, Cable and Wireless PLC Thursday rounded up eight ISPs in Europe and announced plans to spend £300 million ($500 million) on an IP network build in the region. The new purchases bring the amount that the company has spent on Europe-based business ISPs to a grand total […]

NBC Internet Inc. and Asiacontent.com Ltd. Thursday inked a joint venture deal to create local portals and Net services in the region. NBCi (NBCI) and Asiacontent.com will create the local portals in Korea, Hong Kong, Singapore, Malaysia, and Taiwan, as well as other unspecified destinations. Asiacontent.com will take the controlling 65 percent of the venture, […]

Israeli ISP Internet Gold this week inked a deal with DoubleClick to manage advertising on the upcoming MSN Israel portal. The Hebrew-language portal, which is set to launch at the end of the month, will rely on the AdServer software, which DoubleClick (DCLK) says will be important for the new site because of its ability […]

Online content aggregator ScreamingMedia Wednesday added Spanish- and Portuguese-language media to its mix. ScreamingMedia inked network deals with several Latin American publications, including Brazil’s Jornal Grapiuna, El Diario Chile, Ecuador’s El Comercio, Bolivia’s El Diario Bolivia, Uruguay’s Diario La Republica and Mexico’s La Revista.com. Other local content from the six countries will also be added. […]

The Nasdaq Stock Market Tuesday formed a joint venture with an India-based technology company to create the infrastructure for its upcoming expansions. Nasdaq and SSI Technologies, a subsidiary of SSI Ltd., formed a joint venture dubbed IndigoMarkets which is chartered to create the Net-based trading and market system for Nasdaq’s global efforts. The first two […]

Japanese Net investor Softbank Tuesday announced plans to pour $100 million into a new venture capital fund for Latin American Internet ventures. Softbank Latin America Ventures (SBLV) may combine forces with yet unnamed strategic partners, but Softbank will be the sole support of the first fund, which is expected to open later this month. The […]

In another quick move for its pan-European broadband strategy, KPNQwest Monday said it will invest as much as $3O5 million in a network ring to connect seven new cities in France and Spain. The new 2,500-mile high-capacity fiber optic ring is expected to become operational by the middle of this year. The build will tap […]

ReverseAuction.com, Inc. this week agreed to settle accusations it spammed and hijacked registered eBay users. The Federal Trade Commission charged ReverseAuction had violated consumer privacy by collecting registered users’ IDs, passwords, e-mail addresses and other information in order to spam the auction fans. According the the complaint, ReverseAuctions.com signed up at eBay, disregarded the privacy […]

chinadotcom corp. Thursday took stakes in two more Asia Web sites, a sign that it plans to continue its acquisitions at a dizzying speed. The company purchased a majority holding in Taiwan’s Yes!Net and a minority stake in MusicAsia.com. The two buys mark the 22nd and 23rd investment in the company’s portfolio. MusicAsia.com is a […]

E*TRADE Group Inc. Thursday inked a deal with DirectAdvice.com to bring personalized financial planning tools and advice its offering lineup. Terms of the deal were not disclosed. The companies expect the migration to be completed by the end of the first quarter. DirectAdvice.com offers independent investors a system by which the user can create a […]