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BUSINESS
October 29, 1998 | Bloomberg News
PointCast Inc., which broadcasts information and advertisements over the Internet, said it will unveil a shopping service for users in an effort to expand its offerings and retain customers. PointCast said it will unveil an electronic-commerce service called MarketPlace, where users can find links to buy computer hardware, books or other merchandise. PointCast said its MarketPlace Web site will be sponsored by Visa. It has also struck partnerships with Amazon.com Inc.'
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BUSINESS
September 16, 1999 | Karen Kaplan
Idealab, the Pasadena-based Internet business incubator, launched an electronic commerce company Wednesday aimed at the $280-billion home decorating market. MyHome.com sells items ranging from kitchen fixtures and toilets to picture frames and candles online at http://www.myhome.com. The Pasadena start-up plans to add furniture, linens, wallpaper and other products in the coming months. MyHome.
BUSINESS
March 13, 1998
A Colorado Internet services company said Thursday that it has consolidated 30 local and regional affiliates nationwide, including two Orange County operations that it melded into one and now calls Verio Southern California. Verio Inc. said the consolidations are aimed at improving the company's presence in each of the 33 U.S. markets it serves.
BUSINESS
March 9, 1999 | Bloomberg News
Vulcan Ventures Inc., the investment company headed by billionaire Paul Allen, is funding a new electronic commerce company that is developing a shopping service for the Internet, cable TV and other emerging media. Bellevue, Wash.-based Mercata Inc. is developing a Web site and shopping service that will let consumers shop on the Internet and cable TV for consumer electronics, home appliances, tools, watches and sporting goods.
BUSINESS
March 8, 1999 | DEBORA VRANA, TIMES STAFF WRITER
The suitors are lining up for WeddingChannel.com--and they're offering a lot more than flowers. This week, the Los Angeles-based Internet commerce firm is expected to announce that the private investment fund of multibillionaire Michael Dell, chief executive and founder of Dell Computer Corp., has invested an undisclosed sum in the company. The investment by New York-based MSD Capital is expected to be inked this week.
BUSINESS
October 11, 2000 | Reuters
Metromedia Fiber Network Inc., a builder of urban fiber-optic networks, said that it will buy SiteSmith Inc., a Santa Clara, Calif.-based start-up supplier of Web site services, in a $1.36-billion stock deal. The purchase adds SiteSmith's services that help electronic commerce sites handle high transaction volumes. Metromedia Fiber said that SiteSmith shareholders would get between 55 million and 62.
BUSINESS
March 22, 1999 | JONATHAN GAW
The Internet will shift from its decidedly U.S.-centric focus to a broader international one in the coming years, with Latin America being a major source of growth. But that region faces significant challenges, an industry analyst told the LatinChannels seminar last week in Newport Beach. Currently, Latin America has 3 million Internet users, about half of whom get online at home, a rate that is somewhat lower than the U.S.
BUSINESS
September 2, 1998 | Bloomberg News
Inktomi Corp., an Internet search company, agreed to acquire C2B Technologies for $94.5 million in stock to expand into the electronic commerce market. Inktomi, which makes software to reduce Internet congestion as well as a popular search engine, will exchange 1.84 million of its shares for all outstanding C2B stock. C2B Technologies, which develops online comparison-shopping software, will give Inktomi a third product line and help it move into the $17-billion electronic commerce market.
BUSINESS
September 28, 1995 | From Reuters
Investors will be offered a chance to get in on Wall Street's hottest sector today when Checkfree Corp., a provider of electronic commerce services, goes public with a 6-million share offering. "This is a very hot area and everyone is really excited about companies that have products going to the Internet," said Linda Intini, vice president at Citibank Global Asset Management.
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