Patricia Fusco

EchoStar Communications Corp. Monday invested $50 million in iSKY Inc. to provide the nation’s first two-way wireless broadband Internet service over a single satellite dish. Following the 2001 launch of iSKY’s Internet service, EchoStar intends to distribute iSKY broadband access through its 23,000 nationwide retailers. As a result of its investment, EchoStar (DISH) will own […]

The Commerce Subcommittee on Telecommunications, Trade and Consumer Protection Thursday approved the Unsolicited Electronic Mail Act of 1999. Dubbed the “Can Spam Act,” it’s an effort to end the problem of unsolicited commercial e-mail. The bipartisan bill was introduced to the House in October. Specifically, the bill would require accurate return addresses on unsolicited commercial […]

As a part of the deal, Microsoft (MSFT) made a $10 million stock investment in Interliant (INIT). The two companies plan to work together to develop tools for independent software vendors (ISVs) and application solution providers (ASPs) to develop collaborative applications on the Microsoft’s Exchange 2000 Server platform. This agreement builds on Microsoft and Interliant’s […]

Dorado.Com this week went to the venture capital bank securing $15 million in expansion round funding from Crosspoint Venture Partners and Palomar Ventures. The e-finance ASP intends to put the money to work to offer financial institutions a better way to do business on the Web. Dorado.Com plans to launch a mortgage application service that […]

The thirst for high-speed Internet access is leading several upstarts to embark on several projects as traditional rivals continue their bickering. Colorado is the next state in the U.S. to reap the broadband Internet access rewards of a massive cable network overbuilds by WideOpenWest LLC. The open access cable proponent recently started construction on the […]

As part of a game plan to gain ground in the lucrative server supply market Compaq Computer Corp. Tuesday said it committed more than $1 billion to finance and invest in application service providers (ASPs) and Web developers. Compaq (CPQ) announced that the project includes $600 million designated for service provider financing programs, $400 million […]

PSINet Inc. Wednesday procured international e-commerce solutions provider Metamor Worldwide Inc. for $1.9 billion in stock. PSINet (PSIX) plans to utilize the acquisition as a catalyst to construct a global business infrastructure equipped to provide web design services, managed Web hosting and applications outsourcing. The deal marks PSINet’s first venture into the application service provider […]

WorldGate Communications Inc., Charter Communications Inc. and the City of LaGrange, Ga. Wednesday launched a broadband that will provide cable households with free Internet services using set-top boxes. Located 60 miles southwest of Atlanta, the LaGrange Internet initiative is the first program of its kind in the country. The collaborative effort provides residents of LaGrange […]

PSINet Inc. Wednesday procured international e-commerce solutions provider Metamor Worldwide Inc. for $1.9 billion in stock. The transaction is structured as a tax-free reorganization consisting of just under 40 million shares of PSINet common stock. Each share of Metamor will be exchanged for .9 shares of PSINet common stock. PSINet (PSIX) plans to utilize the […]

As part of a game plan to gain ground in the lucrative server supply market Compaq Computer Corp. Tuesday committed more than $1 billion to finance and invest in Internet service providers and Web developers. Compaq (CPQ) announced that the project includes $600 million designated for service provider financing programs, $400 million for equity investments […]

America Online Inc. Tuesday launched a revamped version of its city guide service, dubbed Digital City 2000, offering residents and visitors localized content in 60 of its 200 U.S. markets served. The online giant also announced Digital City Inc. would complete its current expansion plan to provide localized content to more than 200 Digital City […]

Final hearings are underway in Dallas this week where the Congressionally appointed Advisory Commission on Electronic Commerce is holding its final discussion about issues related to Internet, e-commerce and telecom taxation. The commission, appointed by Congress, has until April 21 to submit any recommendations to federal legislators regarding e-taxes. However, a two-thirds majority of the […]