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America Online, Inc. (NYSE: AOL) and First USA, the largest Visa and MasterCard lender in the U.S., announced on Wednesday a five-year $500 million (US$) agreement, reported to be the Internet's largest advertising and marketing partnership to date. First USA is a subsidiary of Chicago-based Bank One Corporation, which is the nation's fifth-largest bank holding company, with assets of more than $260 billion...

As online shopping suddenly explodes into mainstream culture, millions of Internet users are just beginning to adapt to this new way of purchasing goods and services. However, in light of some exciting innovations in 3-D Virtual Reality online store technology, it seems that consumers will find that the e-commerce malls of the future are starting to more closely resemble their offline brick-and-mortar counterparts...

With the recent explosion of online shopping, U.S. banks are rapidly claiming their place as major e-commerce winners. So much so that, according to Internet consultancy International Data Corporation (IDC), Internet banking applications are quickly becoming "the panacea for banks hoping to increase their market share and retain customers." ...

Yahoo! Inc. (Nasdaq: YHOO) today announced it has signed an agreement to acquire GeoCities (Nasdaq: GCTY), the Web-based community that offers free personal Web pages. The acquisition combines two of the largest and most popular services on the Internet and, for the first time in over five years, establishes an online entity with the financial strength and popularity to pose a credible threat to America Online's industry dominance. The purchase will take the form of a $3.5 billion (US$) stock deal...

Just after the close of the stock market, Amazon.com, Inc. (Nasdaq: AMZN) announced its financial results for the fourth quarter of 1998, and for the 1998 fiscal year. From the timing of the release, it appears that the company wanted stockholders and industry analysts to take their time in evaluating the mixed news released on Tuesday ...

St. Paul Software (SPS), a business-to-business e-commerce consultancy and software developer, announced on Monday that it has been selected by Sears, Roebuck and Co. to e-commerce enable 5,000 of Sears' vendors ...

CDW Computer Centers, Inc. (Nasdaq: CDWC) today announced record sales and earnings for its fourth quarter ended December 31, 1998. The company reported that its unassisted web sales grew to just over $20 million, an increase of 208% over the fourth quarter of 1997, and 28% over the third quarter of 1998. CDW is increasingly a competitor of Dell, with both companies offering built-to-order PCs for consumers and corporate users...

Looks like N2K (Nasdaq: NTKI) is singing anything but the blues, with fourth quarter revenues from its online music store up by 325%, the company said, in a preliminary report released on Tuesday. Music Boulevard is a large-scale competitor to Amazon.com and CDNow (Nasdaq: CDNW), although a merger between Music Boulevard and CDNow is expected to be completed by March 31, 1999. Total revenue for 1998 is expected to increase over 500% to approximately $42 million from $8.1 million reported in 1997...

Search engine Excite (Nasdaq: XCIT) will become the property of AtHome Corp. (ATHM), a high-speed Internet service provider, in a stock deal valued at $6.7 billion (US$), a sum far exceeding what AOL paid for Netscape, which was a "mere" $4.2 billion ...

Web surfers equipped with high-speed Internet connections will be able enjoy new multimedia-based online shopping sites, to be offered through Snap's upcoming portal, named "Cyclone." Snap is an Internet portal from NBC and CNET ...

Time Warner (NYSE:TWX) announced a new e-commerce strategy on Friday, which will include consolidating its e-commerce infrastructure, and naming Michael Pepe as president of Time Warner E-Commerce. Time Warner is the largest U.S. magazine publisher, and its mega-site, Pathfinder.com acts as a portal to the Internet editions of popular magazines like Time, People, Money, Fortune, and Entertainment Weekly...

Canadian software developer Sideware Systems Inc. (VSE:SYD) has announced a new customer service tool that enables online merchants to interact with shoppers in real-time over the Internet ...

After the market closed on Tuesday, Web portal and e-commerce powerhouse, Yahoo! Inc. (Nasdaq: YHOO), announced staggering revenues for 1998, of US $203.3 million -- up nearly 300% from the prior year. The company also announced a 2-for-1 common stock split, that will take place on January 22, 1999 ...