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The Top Net news in February

CNN News Group took an equity position in WebMD, an Internet health care portal. The two companies will share content, brand promotion and advertising.

Intervu can now deliver on-demand audio and video "PowerPoint" presentations over the Internet to users of Microsoft Office software which will be used for sales presentations, distance learning and business meetings.

Compaq Computer announced it will buy Zip2 Corp., which develops, hosts and maintains consumer Web sites specifically for media companies. Compaq said Zip2 will become part of its AltaVista subsidiary.

RealNetworks Inc. came out with six foreign-language versions of its RealPlayer G2: French, Italian, German, Spanish, Portuguese and Japanese. Listeners will be able to access audio, video, and animation programming in their own language. The players include 22 international RealChannels: nine Japanese channels, six Brazilian channels, and seven European channels are included.

America Online adopts Netscape Communications' Web browser.

Drugstore.com inked advertising deals with two of the Web's largest operators, America Online (AOL) and Excite Inc. (XCIT). The AOL deal will give the health products e-commerce company visibility through AOL.com, Digital Cities and CompuServe units. At Excite, Drugstore.com becomes the preferred and dominant online drugstore sponsor and will be promoted through the health and shopping channels.

Amazon.com (AMZN) acquired a minority interest in Geoworks Corp. (GWRX), an Alameda, Calif.-based developer of software and technology for wireless communications.

Yahoo! Inc. (YHOO) is reported to be preparing to use e-mail to boost its e-commerce opportunities. Direct marketing and targeted advertising programs will be employed to deliver messages to Yahoo!'s millions of registered users starting March.

AOL's Entertainment Asylum will provide movie and TV-related content and guides to Netscape Communications' (NSCP) portal, Netcenter. The movie sub-channel of Netcenter will include localized information derived from AOL's Digital Cities sites. Users will be able to access Asylum's multimedia features about the latest movie releases, box office and top video rental information, and celebrity video clips.

Netscape Communications Corp. co-founder Marc Andreessen becomes America Online's chief technology officer after AOL's acquisition of Netscape is concluded.

Merrill Lynch & Co. (MER) agreed to acquire the assets of D.E. Shaw Financial Technology, a developer of Internet technology for online trading and financial services.

GoTo.com filed a federal lawsuit against the Walt Disney Co.(DIS) and Infoseek Corp. (SEEK) to protect its trademark from consumer and industry confusion created by the logo of the new Go Network.

MindSpring Enterprises (MSPG) introduced an e-commerce hosting service. The package includes Web hosting, Domain Name registration, site design, storefront/back office applications, and credit card and online payment processing services. Package prices begin at $99.90 per month.

The Reader's Digest Association Inc. plans to invest tens of millions of dollars in existing Internet Web sites to integrate the Web into all its business interests, and to build what it called a significant health presence on the Internet.

There is little question about the most-used Web browser, according to Internet analysis company WebSideStory of San Diego. Microsoft's Internet Explorer accounts for more than two-thirds of the browsers used on the Internet. MSIE claimed 66.9 percent and Netscape's Navigator 31.21 percent of browsers in use.

Domain name specialist Register.com surpassed 200,000 total .com, .net and .org domain names registrations. Statistics come from the third-party sources that monitor the growth of .com, .net and .org domain names registered in the Internic database.

 

[Source: The Internet Daily Internet Industry News - http://www.tipworld.com]

 


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