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March 1, 2000 *3,400 subscribers* Volume 2, Issue 3
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CONTENT - ECMGT.COM E-COMMERCE NEWS

  • E-STRATEGIES & TRENDS
  • E-PRODUCTS
  • E-SERVICES
  • E-MARKETING
  • SUPPLY CHAIN
  • CONTENT, PORTALS & COMMUNITY
  • GOVERNANCE & GOING GLOBAL
  • PARTNERS & DEALS
  • MOVERS & SHAKERS

E-STRATEGIES & TRENDS NEWS
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ToC  

  • Study: U.S. Manufacturers Not B2B E-Commerce Ready

  • Auction Sites on the Block?

  • Tackling teen market proves difficult

  • Insufficient computer security threatens doing business online

  • E-Commerce Roadmap Needed

  • Online Retailers Need More than Technology

  • Beyond the E-Commerce Shakeout

  • Report: Young Online Shoppers Outperform Adults

  • How to Succeed in E-Tail? Just Get It Right

  • Is E-Commerce Slowing?

  • Software Patents Tangle the Web

  • Insurance Can Ease Hacking Pain

  • E-tailers' stocks sink from weight of retail burdens

  • Lawyers Foresee Denial Of Service Suits

  • Softbank's Son: 'Cannibalize!'

  • Poll: Net privacy fears increase

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Study: U.S. Manufacturers Not B2B E-Commerce Ready

A nationwide poll of U.S. industrial firms shows that most are not engaging in extensive business-to-business

 

Auction Sites on the Block?

With e-commerce growing exponentially and e-tailing sites mushrooming around the globe, the consumer is faced with an infinitely swelling array of choices. The result is a growing need for shopping assistance tools to help consumers navigate their way through the maze.

 

Tackling teen market proves difficult

Dot-com companies trying to make money by catering to teenagers are facing some growing pains.

   

Insufficient computer security threatens doing business online

The emerging Internet economy has become a new frontier for criminals as well as a growing challenge for law enforcement.

   

E-Commerce Roadmap Needed

House Commerce Committee Chairman Thomas Bliley, R-Va., has asked the Clinton Administration to develop a comprehensive e-commerce "roadmap" with regard to tech-trade issues and China's entrance into the WTO, saying failure to do so would severely limit the growth of US companies.

 

Online Retailers Need More than Technology

A study by the Bristol Group found that encouraging customers to go online can lead to a decline in customer loyalty, referrals to friends and, over the long term, a decline in profits.

   

Beyond the E-Commerce Shakeout

Despite a well-publicized tripling of e-commerce spending last year, many e-tailers found themselves falling far short of the shopping season revenues needed to keep their virtual storefronts open.

   

Report: Young Online Shoppers Outperform Adults

Unlike older online consumers, Internet shoppers in the 16 to 22-year-old age group have not only developed sophisticated approaches to online shopping, they've also diversified their online purchases to include a wide variety of product categories.

   

How to Succeed in E-Tail? Just Get It Right

A new study of online catalog merchants during the holiday-shopping season indicates that retail sites designed to offer ease of shopping, ease of ordering, ease of order tracking and superior customer service are the winners for both the short and long term.

   

Is E-Commerce Slowing?

Shopping sites must offer a richer experience to lure back customers, study finds.

 

Software Patents Tangle the Web

A profusion of new software patents on Internet business methods puts our notions of intellectual property to the biggest test yet.

 

Insurance Can Ease Hacking Pain

As some of the Web's most heavily trafficked sites fell victim to denial-of-service attacks last week, at least one sector of the burgeoning e-commerce industry had reason to smile.

 

E-tailers' stocks sink from weight of retail burdens

For more than a year, shares of e-tailers have had a premium that valued their growth prospects above actual earnings. In recent months, however, investors in high-flying Net merchants such as Amazon.com and Value America have begun to grapple with some traditional issues.

 

Lawyers Foresee Denial Of Service Suits

Attacks on some of the busiest Internet sites earlier in the week may have legal consequences that extend beyond possible criminal punishment of the perpetrators, and may expand the scope of how courts view the responsibilities of those who set up and install computers to conduct business on the Internet.

   

Softbank's Son: 'Cannibalize!'

One of the Internet's biggest investors tells the World Economic Forum the only way to go into e-commerce is to kill off the brick-and-mortar parent. 

 

Poll: Net privacy fears increase

Following Web attacks, half of Gallup Poll respondents believe their credit card information is at risk online.

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E-PRODUCTS
ToC

  • Toshiba Launches $2.3B Internet Business Initiative

  • Big Blue plans cash registers with Net access

  • Wireless Credit Cards: How Soon and How Pervasive?

  • 'How can I help you?'

  • Show the Web's True Colors

  • Startups target couch e-commerce

  • Amazon patents affiliate programs technology

  • New Vision Of Commerce

  • Discover Offers Online 'Virtual Credit Card'

  • The Click-And-Mortar Customer Arrives

----

Toshiba Launches $2.3B Internet Business Initiative

Japanese electronics giant Toshiba announced a $2.3 billion (US$) initiative Monday that will target electronic commerce and Internet content businesses. The unit will focus on Internet-related services in the areas of finance, travel, video distribution, auctions, leisure and music -- all to be offered through cellular telephones and other mobile devices

 

Big Blue plans cash registers with Net access

IBM, the giant computer maker, is expected to unveil Internet-enabled cash registers tomorrow that allow customers to access orders they placed online when they are in retail stores, according to reports.

 

 Wireless Credit Cards: How Soon and How Pervasive?

Last week, Motorola, Inc. announced plans to make a "virtual credit card" available on its mobile phones. By pushing a button or issuing a voice command mobile users will be able to complete e-commerce transactions in seconds via their virtual cards.

 

'How can I help you?'

Some dot coms find what they need in a brick-and-mortar call-center firm.

 

 Show the Web's True Colors

E-Color adjusts colors to your monitor, minimizing shopping surprises

  

Startups target couch e-commerce

Two companies, Wink Communications and RespondTV have developed technology that adds a graphic overlay over television programming -- enabling users to point-and-click their remotes to get more information about what's on-screen or buy a product in real time.

 

 Amazon patents affiliate programs technology

The online retail giant files for ownership--and receives--the technology that lets other Web sites send it customers in exchange for a commission. CNET

 

 New Vision Of Commerce

Makers of commerce servers want to be at the core of every transaction. Should you bet your business on them?

 

 Discover Offers Online 'Virtual Credit Card'

The Desk$hop virtual credit card is a graphic image of a Discover credit card that sits on the user's PC desktop, but accesses Discover's central server to authorize and track transactions.

  

The Click-And-Mortar Customer Arrives

By April, Bates' technology will allow customers carrying certain personal digital assistants or mobile phones to do price and product availability searches - eventually - on all 142 million items in the company database, as well as retrieve BizRate.com and IQorder ratings on thousands of online and offline merchants.

 

 ----

E-SERVICES
ToC

  • New E-Commerce Rating Service Planned
  • Nike e.com shoe could be boon for Oregon forwarder
  • E-Tailers: Bring Back the Humans
  • Honda Not Fond Of Honda.net
  • Ernst & Young buys stake in Latin America services firm
  • Amazon offers U.K. services over cell phones
  •  Just the ticket: seats for shows from ATMs
  • Services firms tackle Europe for wireless trials
  • The week in review: Rent or buy?
  • Idealab launches online bill payment service
  • Dell to build, manage small-business Web sites

  

----

New E-Commerce Rating Service Planned

Start-up Open Ratings said it plans to launch an independent rating service designed to "increase the level of trust, reliability and brand recognition between buyers and sellers in online business to business, consumer and auction marketplaces."

 

Nike e.com shoe could be boon for Oregon forwarder

Nike.com's new Internet program that allows consumers to "design" their own shoes could be a boon for Portland forwarder OIA Global Logistics, a Nike executive told Reuters on Friday.

 

 E-Tailers: Bring Back the Humans

Customer experiences are exercises in frustration.

 

 Honda Not Fond Of Honda.net

Internet business primer: How not to treat loyal customers.

  

Ernst & Young buys stake in Latin America services firm

The investment will expand Ernst & Young's technical and managerial resources in the region, while Softtek, based in Monterrey, Mexico, will be able to increase its business through greater access to Ernst & Young's global network.

 

 Amazon offers U.K. services over cell phones

The Internet retailer's U.K. Web site will be available on mobile phones starting tomorrow.

 

 Just the ticket: seats for shows from ATMs

Tickets.com will join with ATM Tix to launch a service allowing customers to pick up tickets at banks' automated teller machines.

 

 Services firms tackle Europe for wireless trials

Internet services firms are bulking up their wireless divisions and using Europe as a strategic proving ground before tackling the U.S. market.

 

The week in review: Rent or buy?

Dell Computer, Gateway Computer and SAP joined a growing number of high-tech companies marketing hosted Web sites and software applications. Meanwhile, Motorola, Oracle and others moved to stake out ground in the business of providing content for cell phones, handheld computers and other information appliances

  

Idealab launches online bill payment service

The Internet incubator introduces PayMe.com, an online service that allows consumers and small business owners to send and pay bills.

 

Dell to build, manage small-business Web sites

Dell Computer today launched a Web site hosting initiative for small businesses, as the PC maker looks to draw new revenue from the services market.

 

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E-MARKETING
ToC

  • Carol Wright and Friends Hit the Web

  • Furniture Shopping in the Digital Age

  • Maximize Your Affiliate Revenues

  • E-tailers fall for promotions to lift sales

  • Petsmart woos customers with return policy

  • Sites spend billions on ads, but will they get their money back?

  • 'Biggest Online Grocer' Not Who You Think It Is

  • It's a first down for Super Bowl ads

  • Amazon says unit under FTC scrutiny

----

Carol Wright and Friends Hit the Web

Coolsavings made quite a splash by bringing coupons to the web. Now the real competition begins. Carol Wright, Val-Pak, and all the other coupons that come in newspapers or in the mail are now coming to the web with the help of BrightStreet.com.

 

 Furniture Shopping in the Digital Age

It would have been nice to see online photos, then view merchandise in the store, get confirmation email, monitor delivery details online. Couldn't do it.

 

 Maximize Your Affiliate Revenues

Did you know Joel wears two hats? He can talk from the merchant's perspective as well as the affiliate's because he's been there. Today he tells affiliates how to get the most from the merchants they support.

 

E-tailers fall for promotions to lift sales

Now that the online holiday shopping season is over, e-tailers have hit on Valentine's Day as the next way to tell consumers to "Be Mine."

Petsmart woos customers with return policy

Petsmart announced today a marketing program that lets shoppers return goods from any store, online or off.

 

Sites spend billions on ads, but will they get their money back?

Although ad spending may have peaked during the holidays and the Super Bowl, online companies need no special occasion to continue bombarding the consuming public with billions of dollars in TV commercials, radio spots and newspaper advertisements, as well as Web marketing initiatives.

 

'Biggest Online Grocer' Not Who You Think It Is

It's making a profit, it claims to be the biggest online grocer in the world, and Americans have probably never heard of it.

 

It's a first down for Super Bowl ads

Super Bowl hangover? No way, say a number of Sunday night's dot-com advertisers. Whether or not this year's crop of Super Bowl commercials failed to live up to enormous expectations, huge traffic spikes are being reported at the advertisers' Web sites.

 

Amazon says unit under FTC scrutiny

Amazon.com said the Federal Trade Commission is investigating the online retailer's software unit that collects information about how people use the Internet.

----

SUPPLY CHAIN
ToC

  • Report Says Web Hacks To Cost $1.2B

  • Sony's plan to sell online shocks dealers

  • Music retailers charge Sony with unfair competition

  • Webvan adds bookshelves to grocery site

  • GroceryWorks: Smaller, cheaper, faster?

  • Can Webvan Deliver?

  • Webvan: Return of the Milkman

  • FTC questions eToys about practices

  • Distributing The Goods. Now, The Hard Part

  • A New Breed of Virtual Storefronts

  • Business e-commerce set for big increase

 

----

Report Says Web Hacks To Cost $1.2B

Losses related to this week's distributed denial of service attacks that temporarily shut down several of the most popular websites could total more than $1.2 billion, according to a report from the Yankee Group.

  

Sony's plan to sell online shocks dealers

Electronics giant Sony Corp.said on Tuesday it will start selling its consumer electronic products online in Japan, sending shock waves through the nation's closely knit dealer networks.

 

Music retailers charge Sony with unfair competition

A retail industry group is suing Sony Music Entertainment, alleging that the company is strong-arming retailers to point their customers toward its online shops.

 

Webvan adds bookshelves to grocery site

Webvan is giving its online grocery store the look of a local supermarket by adding popular fiction and other books to its virtual aisles.

 

GroceryWorks: Smaller, cheaper, faster?

Is the Webvan Group business model, with its heavy reliance on massive, highly automated central warehouses, out of style even before it takes root? Kelby Hagar and Gary Fernandes think it's ripe for attack -- right down to the claim that it can reliably deliver goods the same day they're ordered.

  

Can Webvan Deliver?

Webvan is in hot pursuit of the Holy Grail for online retailers: same-day or next-day delivery of everything from groceries to videos to appliances. It wants to be the company that conquers the other "last mile" problem of the Internet: how to quickly get goods ordered out of the ether to customers' doors when they have no stores.

  

Webvan: Return of the Milkman

Until now, e-commerce has been based upon a national distribution model -- an electronic mail-order service. But personal courier services take a radically different approach: They guarantee prompt delivery of locally stored, frequently requested items, such as groceries, video rentals, or beer.

  

FTC questions eToys about practices

The Federal Trade Commission is questioning the company's marketing of 'mature' video games and problems with shipping delays.

 

Distributing The Goods. Now, The Hard Part

Selling stuff is easy; shipping it isn't. Are sites better off outsourcing the function

 

A New Breed of Virtual Storefronts

While most dot-coms are busy disintermediating your local merchant, Affinia and Vstore are trying to become a new breed of intermediary -- coming between customers and dot-coms.

  

Business e-commerce set for big increase

Business-to-business Internet transactions were expected to show a 25-fold increase between 1998 and 2003 and dramatically change the way companies manage supply chains, according to a European study released on Monday.

  

----

CONTENT, PORTALS & COMMUNITY
ToC

  • Sun-Netscape Alliance, Sybase jump into Web portals

  • Ford, Trilogy form e-commerce venture

  • eBay pushes into Scandinavia

  • Excite@Home, Dow Jones plan portal, IPO

  • Chemdex changes name, expands focus

  • Onvia's Business Services To Be Available Through AOL Brands

  • Personalization -Mostly Potential, For Now

  • SAP-Community Builder

  • Freeshipping.com To Launch Online Marketplace

  • Top automakers gear up for Net marketplaces

  • Andersen Creates E-Business Launch Pad

----

Sun-Netscape Alliance, Sybase jump into Web portals

The Sun-Netscape Alliance and Sybase are the newest entries in the Web portal software sweepstakes. The two companies will soon ship new software that will let businesses create Web sites for their customers, partners and employees. The software will help companies build sites that let people access email, corporate resources and information, as well as commerce offerings.

 

Ford, Trilogy form e-commerce venture

The giant automaker forms a joint venture with the closely held business software firm to develop and operate all of Ford's Web sites.

  

eBay pushes into Scandinavia

The online auction house is pursuing investments in the Internet-rich Scandinavian countries as part of its expansion drive across Europe.

 

 Excite@Home, Dow Jones plan portal, IPO

The company will develop a Web portal designed for small and medium-sized businesses and is expected to file to sell a minority stake in an initial public stock offering, according to sources familiar with the plans. The site, also expected to debut this year, will keep the name of the business portal launched by Excite@Home, Work.com.

  

Chemdex changes name, expands focus

Chemdex, the online seller of chemicals and lab equipment, said it is changing its name to Ventro, forming a new company to expand into other industry areas beyond life sciences.

 

Onvia's Business Services To Be Available Through AOL Brands

Onvia.com Inc. and America Online Inc. said they formed a two-year strategic alliance to provide users of AOL brands with Onvia's business services through a co-branded Web site.

  

Personalization-Mostly Potential, For Now

Not even the portals have taken personalization beyond the basics. Still, they're the best ones to study, for now.

 

SAP-Community Builder

SAP, the giant enterprise software firm, is transforming itself into a creator of business portals.

  

Freeshipping.com To Launch Online Marketplace

Freeshipping.com today unveiled plansfor a business-to-business online marketplace -- where small companies will be able to purchase office products, PCs, and other goods and services.

 

Top automakers gear up for Net marketplaces

Carmakers such as Ford and Toyota are racing onto the Web, looking to lower costs and broaden their reach.

  

Andersen Creates E-Business Launch Pad

Andersen Consulting Wednesday created a global network of 17 dot-com launch centers to help e-commerce start-ups and spin-offs become viable businesses.

  

----

GOVERNANCE & GOING GLOBAL
ToC

  • States Review Commerce Law

  • Few web winners seen among European retailers

  • U.S. web poll finds fear of hackers, government

  • Latin American E-Commerce Sparks IT Services

  • Euro E-Retailing Heats Up

  • Foreign Shoppers Flock to Canadian Sites

  • IBM Prods EU About E-Commerce

  • Net Tax May Get the Heave-Ho

  • Clinton's national plan a 'good start'

  • Europeans uninterested in shopping online

  • State officials look at new rules for e-commerce

  • $500mil Web Taxes Uncollected

  •  Cheers for the FTC's E-Commerce Mediation Proposal

  • As Ecommerce Goes International Legal Issues Take The Spotlight

  • Winery sues over Net sales

  • Deadline looms for Net tax proposals

  • EU Aims to Boost Internet Retailing in Europe

  • Electronic Signatures Take Hold in U.S.

 

----

 States Review Commerce Law

A law championed by software companies as key to unleashing the full potential of electronic commerce is under attack from companies and organizations that say it is unfair to consumers and potentially dangerous to businesses.

 

Few web winners seen among European retailers

Few of Europe's big-name retailers will succeed in the still largely money-losing world of Internet commerce, but already some companies are closer to sniffing out profits than others, said a study released on Monday.

  

U.S. web poll finds fear of hackers, government

Last week's hacker attacks on major websites have stoked widespread concern among home computer users and almost half of U.S. online consumers will think twice before sharing credit card data over Internet, a poll released Tuesday found.

  

Latin American E-Commerce Sparks IT Services

Latin America offers a unique set of challenges for professional services like e-commerce and web design, said executives from the information technology consultancy ebrainstorm.

 

 Euro E-Retailing Heats Up

Although e-commerce is becoming increasingly profitable in Western Europe, U.S. companies are grabbing the lion's share of e-retail sales, according to a study published today in London by the Boston Consulting Group.

  

Foreign Shoppers Flock to Canadian Sites

More foreigners shopped on Canada-based online sites during the lucrative Christmas season than local shoppers, according to a survey of Canadian online retailers.

 

 IBM Prods EU About E-Commerce

Leading U.S. companies called on the European Commission yesterday to rapidly redesign the European Union's indirect tax system to eliminate the disadvantage faced by European companies engaging in electronic commerce.

  

Net Tax May Get the Heave-Ho

It's a matter of changing one sentence in existing legislation. But if Congress approves, the threat of Internet taxation could vanish forever. Or at least for Washington's idea of forever.

  

Clinton's national plan a 'good start'

As President Clinton met with high-tech executives and security experts in the White House Tuesday, attendees and industry insiders weighed in on the guidelines the administration intends to follow to secure the nation's electronic infrastructure.

 

 Europeans uninterested in shopping online

Only a small number of Europeans who have access to the Internet actually shop online, according to a survey by a U.S. research firm.

  

State officials look at new rules for e-commerce

The Internet is supposed to defy geographical boundaries, but no one seems to have told that to state governments.

  

$500mil Web Taxes Uncollected

Only 20 percent of the $13 billion in taxable retail goods sold online last year was taxed, leaving $525 million in sales tax money uncollected, a Forrester Research study shows.

  

Cheers for the FTC's E-Commerce Mediation Proposal

Earlier this week the U.S. Federal Trade Commission announced that it is promoting mediation over lawsuits as a means to resolve online disputes between e-tailers and consumers.

 

As Ecommerce Goes International Legal Issues Take The Spotlight

With the explosive growth of e-commerce and the increasing cost and complexity of goods being sold through domestic e-commerce transactions, it is not too soon to consider what legal issues must be reviewed when complex, higher-priced retail goods, such as computer components and systems, automobiles, and the like, are sold internationally through e-commerce.

 

Winery sues over Net sales

A Virginia vineyard is hoping to put a cork on state laws that restrict Internet wine sales by challenging a New York law that makes it illegal for out-of-state wineries to ship to consumers.

 

Deadline looms for Net tax proposals

For the congressional panel studying the Internet tax issue, it's crunch time.

 

EU Aims to Boost Internet Retailing in Europe

European internal market commissioner Frits Bolkestein said on Tuesday the EU needed an all-encompassing Internet strategy to help it catch up the United States in areas such as e-commerce.

 

Electronic Signatures Take Hold in U.S.

The U.S. government and many states are now passing Uniform Electronic Transaction Act

  

PARTNERS & DEALS
ToC

  • CyberShop.com lets go of online retail assets

  • Epicurious.com dines with Dean & Deluca

  • Target spins off e-commerce group

  • Women.com quickly closes online clothing store

  • Polo Ralph Lauren and NBC Tackle Online Apparel

  • UPS Forms New E-Commerce Subsidiary

  • Kozmo.com Pays Starbucks $150 Million in Marketing Alliance

  • Amazon.com To Buy 5 Percent Of Audible

  • Columbia House Unveils E-C Strategy

  • Airline Site Angers Travel Agents

  • SBC to buy Sterling Commerce for $3.9 billion

  • NECX.com To Acquire Real World Electronics

  • Microsoft's Transpoint To Merge With CheckFree In $1B

  • E-Business Breakfast: Merger Madness

  • Toysrus.com receives $57 million Softbank investment

 

----

CyberShop.com lets go of online retail assets

CyberShop.com, which earlier this month said it would abandon its Web retail business to become an incubator for Internet start-ups, today said it has agreed to sell its Electronics.net retail Web assets.

 

Epicurious.com dines with Dean & Deluca

Epicurious.com, the home of online magazines Gourmet and Bon Appetit, today signed an agreement to make Dean & Deluca its exclusive specialty foods retailer.

 

Target spins off e-commerce group

Target Corp. has formed a new Internet unit to manage the company's e-commerce and direct marketing operations.

 

Women.com quickly closes online clothing store

Women.com Networks has quietly closed its online store for women's clothing and accessories, just three months after launching the e-tail site.

  

Polo Ralph Lauren and NBC Tackle Online Apparel

Apparel giant Polo Ralph Lauren announced an agreement today with NBC affiliates ValueVision and NBCi to create a multimedia initiative that will center on its Polo.com Internet retailing site.

 

 UPS Forms New E-Commerce Subsidiary

United Parcel Service, Inc. announced today that it has formed a subsidiary that will perform back-end fulfillment functions for e-commerce companies

  

Kozmo.com Pays Starbucks $150 Million in Marketing Alliance

Kozmo.com, the pioneering online delivery service, Monday inked a joint marketing pact with Starbucks Coffee Co. under which the Internet start-up will pay Starbucks $150 million over the next five years for prominent placement in Starbucks shops.

 

 Amazon.com To Buy 5 Percent Of Audible

Online retailer Amazon.com will buy 5 percent of Audible, a provider of spoken-audio services for download and playback on computers and mobile devices, the companies said Monday.

 

Columbia House Unveils E-C Strategy

Mail-order music and video retailer The Columbia House Co. Monday announced a restructuring of its organization, in conjunction with its pending merger with CDNOW Inc.

 

 Airline Site Angers Travel Agents

U.S. travel agents Thursday formally requested a Justice Department review of plans by a consortium of major airlines to set up an Internet travel service, saying it would violate antitrust laws.

 

 SBC to buy Sterling Commerce for $3.9 billion

Moving into the lucrative business-to-business e-commerce market, SBC Communications today said it plans to acquire Sterling Commerce in a cash deal valued at $3.9 billion. San Antonio, Texas-based SBC said its acquisition of the business-to-business software provider will help bolster its offerings by adding another Internet-based product to its set of telecommunications services. In return, Sterling said it will gain larger distribution and sales channels, including a chance to target small and medium-sized businesses.

  

NECX.com To Acquire Real World Electronics

NECX.com, Peabody, a subsidiary of VerticalNet Inc., and Real World, a privately held electronics exchange, have been in discussions for the past three months and are expected to complete the transaction within 30 days, said Larry Marshall, president of NECX.com.

  

Microsoft's Transpoint To Merge With CheckFree In $1B

Deal Ownership interests in TransPoint, which is jointly owned by Microsoft, Citibank and First Data Corp., will be transferred to CheckFree in exchange for 17 million shares of CheckFree common stock, valued at $1 billion. When the definitive merger deal is complete, Microsoft, First Data and Citibank will own 23 percent of CheckFree.

 

 E-Business Breakfast: Merger Madness

US Interactive is acquiring SoftPlus Inc., a privately held e-solutions company.  Softplus' expertise in end-to-end technology frameworks, CRM and its global presence convinced US Interactive to pull the trigger on the deal, valued at approximately $300 million.


Toysrus.com receives $57 million Softbank investment

The online unit of Toys "R" Us is redoubling its Web efforts after Japan's Softbank plunked down a $57 million minority investment in the beleaguered toy e-tailer.

  

----

MOVERS & SHAKERS
ToC

  • NotHarvard.com

  • Priceline hires Citigroup exec

  • Ford Motor Taps Trilogy Founder to Launch Net Company

  • Lante Hires iXL Executive; Cambridge Lures Sapient Director

  • MicroAge Restructures To Focus On E-Business; Daniel, Manton Out

  •  William Schrader

  • CEOs Must Communicate

  • Dot-Comming Kmart

 

----

NotHarvard.com

Mike Rosenfelt, former creative director at Micron PC, has launched a business-to-business venture that marries education to e-commerce in a new twist on the Internet-university craze.

 

Priceline hires Citigroup exec

Citigroup chief financial officer Heidi G. Miller is taking a job with Priceline.com, becoming the latest in a growing number of executives from blue chip companies to enter the online arena. Miller will be Priceline's senior executive vice president, strategic planning and administration, and chief financial officer. She will also join the Internet company's board of directors.

 

 Ford Motor Taps Trilogy Founder to Launch Net Company

Brian Kelley, president of Ford's ConsumerConnect unit and the vice president of the automaker, said that a founder of Trilogy Software Inc. has been tapped to lead the new venture, which will named within a month.

  

Lante Hires iXL Executive; Cambridge Lures Sapient Director

The e-business game of musical chairs has temporarily stopped, leaving Sapient Corp. and iXL Inc. standing. High-flying Chicago-based e-business integrator Lante Corp., which went public last Friday, named John Harne its chief creative officer. Harne joins Lante from Web integrator iXL, where he was the company's co-chief creative officer and vice president of creative services.

  

MicroAge Restructures To Focus On E-Business; Daniel, Manton Out

Longtime MicroAge Inc. executives Jim Daniel and Jim Manton have left the company as part of a massive reorganization designed to cut costs and refocus efforts on e-business. According to a press release late Wednesday, MicroAge will "consolidate support functions and focus on e-business strategies."

  

William Schrader

Psinet CEO William Schrader hopes to feast on the carcasses of his humongous telecom competitors--if they don't devour him first. The 48-year-old PSINet founder is certainly not shy about expressing his views. And arguably, he has earned the right to say what he thinks. Schrader co-founded one of the first commercial ISPs in 1985--an outfit called NyserNet.

 

CEOs Must Communicate

When it comes to technology, Cosmo Santullo, who recently became the CEO of Mirror Image, has always heard the call to serve. Santullo, 44, has spent the bulk of his career figuring out how to fill the technological needs of corporate America via the professional services arms of IBM and, more recently, EMC Corp.

 

 Dot-Comming Kmart

 'I want to turn BlueLight into a verb.' Mark Goldstein in the Internet World interview.

 

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