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Last month, business-to-business online marketplace BizBuyer.com announced a $1 million (US$) seed round of financing from investors including eBay (Nasdaq: EBAY) CEO Meg Whitman. Today, the buyer-drive marketplace -- founded in September of 1998 and based in Santa, Monica, California -- was greatly bolstered with the announcement of a $5 million commitment from @Ventures, the venture-capital arm of leading Internet incubator CMGI (Nasdaq: CMGI)...

In a direct blow to Amazon.com's (Nasdaq: AMZN) auction strategy, leading portal site Yahoo! (Nasdaq: YHOO) unveiled a new program today that is designed to help sellers with large inventories of items manage their auctions more efficiently ...

It seemed like only a matter of time before the various companies that have Microsoft co-founder Paul Allen as an investor started signing deals. One such deal was announced on Thursday. Mercata, a new e-commerce company that helps consumers get together as a group to receive discounts on merchandise, announced that it has partnered with online network Go2Net (Nasdaq: GNET) to create a new category on Go2Net's shopping channel...

One of the partners behind Buy.com, E*Trade, GeoCities,Yahoo! and a host of other prominent Internet properties has apparently taken a liking to Global Sports (Nasdaq: GSPT), an e-commerce provider for a number of sporting goods retailers ...

In a move that could add shareholder value, leading utility software provider Symantec (Nasdaq: SYMC) announced today that it plans to spin off its Internet Tools business unit to create a new, independent company ...

Online investment bank Wit Capital (Nasdaq: WITC), which went public on Friday, suddenly has some major competition. On Monday, online investment bank E*OFFERING, which is backed by online broker E*Trade (Nasdaq: EGRP), launched its Web site ...

Direct e-commerce company XOOM.com (Nasdaq: XMCM), which will soon become part of NBC's new Internet division, added to its wide variety of services on Wednesday with the acquisition of MightyMail Networks ...

INTERSHOP Communications (Neuer Markt: ISH), a leading provider of online store software, announced on Thursday a new partnership with Compaq Computer Corporation to deliver cross-platform e-commerce solutions for enterprises and Internet service providers. Under this new deal, INTERSHOP will provide e-commerce software running on Windows NT and UNIX for Compaq ProLiant and AlphaServer server platforms...

IBM (NYSE: IBM), arguably the king of e-commerce, is best known for its large-scale enterprise e-commerce solutions. However, the company announced on Wednesday, new products and services that enable consumers, entrepreneurs and small businesses to leverage the power of the Internet for e-business. IBM touts these new offerings as being designed for price-conscious buyers that value ease of use...

James Barksdale, of Netscape fame, is now heading to e-commerce. The 56 year old former Microsoft nemesis has founded The Barksdale Group, an investment and advisory firm that focuses on Internet software and services start-ups. On Thursday, Barksdale's group announced that it would invest in e-commerce newbie, HomeGrocer.com, which sells groceries to consumers from its Web site...

Ranked among the top three e-commerce software firms in Europe, German-based Intershop Communications announced a 98 percent sales growth in Q1 1999, in comparison with the same period last year. The company also predicted that it will see rising profit for the remainder of the year. While U.S. market leadership has, thus far, eluded Intershop, the company has made significant inroads with large U.S. ISPs and Web hosting services like MindSpring , Concentric and PSINet...

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Fears of the year 2000 (Y2K) computer "bug" have spurred an entire industry of products and services aimed at fixing potential software and hardware glitches before the clock strikes midnight on News Year's Eve. As the deadline draws near, those who hope to capitalize on the Y2K phenomenon are moving quickly, lining up for last-minute profits. The e-commerce industry is no exception...

In a new twist on e-commerce relationships, online software store Beyond.com (Nasdaq: BYND) has agreed, not only to sell Symantec Corporation's (Nasdaq: SYMC) popular PC software, but to actually build and manage a separate online store for Symantec. The construction and management of the new Symantec store makes this a particularly far-reaching e-commerce reseller relationship, and might foreshadow a new role for online superstores, as site developers and consultants for other Internet-based stores...

CyberCash, Inc. (Nasdaq: CYCH) announced that it will begin testing an online payment processing solution targeted at first-time Internet-based merchants seeking a "quick, easy and safe" entry into e-commerce. The company indicates that the new service, called CashRegister OnDemand, aims to reduce merchants' startup costs and ease the transition to doing business online by requiring only a browser and a merchant account to get started...

Intel (Nasdaq: INTC), the world's leading computer chip manufacturer, is making a move to further solidify its expansion into the e-commerce arena through a new deal with Excite (Nasdaq: XCIT). The companies announced on Tuesday a multi-year agreement to jointly develop a new online shopping service that will reside on Excite's popular Internet portal site...

After building their technical infrastructure and boosting brand-awareness, recent news announcements are pointing to a strong industry-wide emphasis on providing value-added services and increased customer support. Along these lines, Cyberian Outpost (Nasdaq: COOL), an Internet-based retailer of computer products reported a new, broad-based customer-oriented initiative that may raise the stakes in the intensely competitive e-commerce market...

There was good news for online auction buyers and sellers on Monday, as eBay (Nasdaq: EBAY) announced plans for two new deals which will integrate product shipping capabilities directly into eBay's popular Internet-based auction Web site. eBay chose Mail Boxes Etc. (MBE), which is reportedly the world's largest franchisor of packing and shipping services, and iShip.com, a leading provider of multi-carrier Web-based shipping services for e-commerce, to provide eBay members with a first-of-its-kind, integrated system for e-commerce shipping...

Computer titan IBM is reportedly gearing up for an all out e-commerce initiative in which Big Blue will directly sell its entire PC product line over the Internet. According to media sources, the company will set up a new Web site in May, code-named "Project Odyssey," from which small businesses and consumers will be able to purchase IBM's products directly...

E-commerce powerhouse Yahoo! Inc. (Nasdaq: YHOO) wowed investors and industry observers with the release of its Q1 1999 earnings, which exceeded expectations with a net profit of $16.4 million (US$). The company reported net revenues totaling $86 million for the first quarter, ended March 31, 1999 -- that's nearly triple the revenues of $30.6 million reported in the comparable period of the previous year...