Roy Mark

America Online, Inc., is teaming with Ticketmaster to provide greater access to event ticketing, movie ticketing, and personals services for online consumers. Terms of the multi-year agreement were not disclosed. Under the agreement, Los Angeles-based Ticketmaster’s event ticketing services will be distributed to users of all of AOL Time Warner’s America Online properties through a […]

Wireless data products and services firm Aether Systems, Inc. is forming a strategic partnership with MSN Carpoint, the most visited car buying and ownership site on the Web, to provide dealers with wireless access to Internet sales leads. Through the partnership, Aether’s wireless lead management solution, NetSearch, will be integrated into Dealerpoint, Carpoint’s most widely […]

NetBase Corp., a provider of integrated Web-based labor optimization and skills management software that uses a proprietary online self-provisioning technology, is closing a $750,000 funding round led by HFS Venture Fund I, a venture fund affiliated with HFS Capital LLC in McLean, Va. The Chantilly, Va.-based NetBase provides time and attendance, expense tracking, billing, skills […]

A major hurdle for the merger between WorldCom and Intermedia Communications, Inc. was formally cleared in a Delaware court Monday afternoon when Digex, Inc. announced a definitive Stipulation of Settlement in the consolidated class action suit that had sought to block the merger. The court has entered its order directing that notice of the settlement […]

WorldCom, Inc. made its much anticipated layoffs late Wednesday afternoon, slashing approximately 6,000 jobs, as the voice and data giant prepares to restructure. The 6 percent reduction in the company’s 77,000 U.S. workforce was considerably less than the 15 percent estimates that drifted through the industry in January. Company officials did not return telephone inquiries […]

GroupServe, a developer of wireless-enabled, Internet-based groupware applications for team collaboration, is closing a $3.5 million first round of venture financing, bringing the Arlington, Va.-based firm’s total amount raised to $6.4 million. GroupServe has primarily earmarked the latest financing to support its upcoming commercial launch of its team collaboration solution, GroupPort, in early March. It […]

America Online, Inc., is using Loudcloud, Inc., as the preferred provider of AOL’s e-commerce technologies. Under the agreement, Loudcloud will host, manage and maintain the merchant portion of AOL’s QuickCheckout wallet technology and future shopping technologies as part of the suite of infrastructure software services that Loudcloud provides to its customers. The Sunnyvale, Calif.-based Loudcloud, […]

Following the successful sale of an $8 million Series C Preferred Stock funding round, YellowBrix, Inc., is withdrawing its registration for an initial public offering (IPO) with the Securities and Exchange Commission. The Alexandria, Va.-based company also arranged the conversion of $6.5 million of existing debt into company equity. YellowBrix is a provider of content […]

SwapDrive, a provider of online storage and file management software and services, is acquiring WhaleMail, Inc., a Reston, Va.-provider of online file delivery and storage. Under terms of the agreement, SwapDrive is buying the company, its technology and its customer base of more than 50,000 users. Additional terms of the deal of were not disclosed. […]

WorldCom, Inc. and Intermedia Communications Inc. are proposing a settlement to the lawsuit arising out of WorldCom’s planned acquisition of a controlling interest in Digex through a merger with Intermedia. The Tampa, Fla.-based Intermedia owns 55 percent of Digex and controls 94 percent of the Laurel, Md., Web hosting company. Under the terms of the […]

As part of a comprehensive services, content and marketing agreement, America Online, Inc. will provide AOL’s features and services to customers of VoiceStream’s wireless Internet service. Under the multi-year agreement, AOL members, AOL Instant Messenger (AIM) users and VoiceStream Wireless customers will have access to the AIM service, across both wireless Internet capable devices (WAP), […]

As part of a comprehensive services, content and marketing agreement, America Online, Inc. (NYSE:AOL) will provide AOL’s features and services to customers of VoiceStream’s (NASDAQ:VSTR) wireless Internet service. Under the multi-year agreement, AOL members, AOL Instant Messenger (AIM) users and VoiceStream Wireless customers will have access to the AIM service, across both wireless Internet capable […]