Internet services
St. Louis-based Savvis Communications Corp. has grown exponentially since its launch in 1995 by two local entrepreneurs, Andrew Gladney and Tim Roberts. However, the company's remarkable success has been marred by the stresses of running a start-up in a competitive industry, leading to a bitter dispute among its
Internet services
Three major retailers, Buy.com, Value America, and Office Depot, have agreed to stop advertising computers at greatly reduced prices without disclosing the true up-front costs and requirements to customers. The Federal Trade Commission (FTC) issued cease-and-desist orders against the companies, citing deceptive advertising practices in their promotions, which often
Internet services
President Clinton unveiled the decoded human genome, while several technology companies in the Washington region announced new funding deals and partnerships. A new government Web portal, FirstGov, was also announced, aiming to provide a central website for all federal agencies. Key Takeaways: * The human genome has been translated, with 98%
Internet services
Amazon.com Inc.'s stock price fell nearly 20% on Friday after a report from Lehman Brothers expressed concerns about the company's financial health and net sales. The report, combined with negative comments from influential Internet stock analyst Mary Meeker, sent the company's shares plummeting.
Internet services
San Diego-based MP3.com's CEO Michael Robertson has been recognized as "Executive of the Year" by the controversial web site StopNapster.com. This honor comes amidst Robertson's support for the Recording Industry Association of America (RIAA) in their lawsuit against Napster Inc. for wholesale
Internet services
A landmark settlement between music start-up MP3.com and major record labels Warner Music Group and BMG Entertainment signals a new era of cooperation in the volatile world of online music distribution. Under the deal, MP3.com will pay each of the labels $20 million and gain access to their
Internet services
Digital River, the world's largest Commerce Service Provider, has implemented B2B volume licensing systems for McAfee.com, Aladdin Systems, and ScanSoft. This new functionality allows small to medium-sized businesses to configure product orders and purchase multiple software licenses online, providing a fast and easy process. The addition of
Internet services
In 2000, entrepreneur Judd Smith, a student of Richard Nolan, founded Drugstore.com, a pioneering e-commerce platform that disrupted the traditional retail landscape. Smith's vision was to create a virtual drugstore on the web, competing with established players like Walgreen and CVS. Nolan's thoughts on command
Internet services
McAfee.com, a leading Application Service Provider (ASP) of online PC security and management services, has reinforced its relationship with MSN to safeguard over 66 million of Microsoft's MSN Hotmail users from internet viruses and fraud. This strategic alliance marks a significant milestone in the fight against cyber
Home shopping
Tensions have risen between House and Senate Democrats and Republicans over a proposal to establish a federal precedent for electronic signatures and record-keeping. Despite efforts to compromise, the two sides remain at an impasse, with Democrats criticizing the GOP's handling of the process and Republicans defending their draft
Home shopping
As Rick Holden, CEO of J. L. Hammett Co., anticipates a significant portion of his business will come through Internet marketplaces, he seeks a standardized solution to connect with various Net markets. This highlights the challenges faced by suppliers in navigating the proliferation of Net marketplaces, where they must affordably
Internet services
Colin Montgomerie, Carlos Franco, and Bruce Fleisher all relied on Odyssey Golf putters to secure their recent victories on the PGA European, PGA, and Senior PGA tours. Montgomerie's switch to the Odyssey White Hot 4 Putter proved to be a turning point in his French Open victory, while
