It's been pretty quiet around here. This may or may not be good for Internet Capital Group:
biz.yahoo.com
They were an investor in iCat, which Intel acquired. And here's an interesting analysis of the deal:
internetworld.com
Apparently not everything "NET" gets tons of money thrown at it. But you would think that an Internet e-commerce company wouldn't have to go begging for cash, wouldn't you? Perhaps the consolidation will leave only the very biggest - AOL, YHOO, and AMZN standing?
Glad eMerge is coming along: biz.yahoo.com. Looks like a good technology.
Also, didn't see this mentioned here yet:
Mayor Rendell to Announce Microsoft Investment Package; Philadelphia E-Commerce Initiative to 'Revolutionize' Local Business Climate
PR Newswire, Tuesday, December 08, 1998 at 14:21
Philadelphia Mayor Edward G. Rendell and Microsoft Corporation Group Vice
President for Sales and Support, Jeff Raikes, will announce a package of local
economic development investments to an audience of over 600 business and civic
leaders during a luncheon on Thursday, Dec. 10, at the Wyndham Franklin Plaza
Hotel. The investments, provided under the "Microsoft Philadelphia Electronic
Commerce Initiative," include consulting, software and training grants for
non-profit organizations to develop the necessary support infrastructure to
assist technology start-ups, small businesses and established corporations
focusing on new opportunities in Internet commerce.
In addition, Microsoft (NASDAQ:MSFT) and SafeGuard Scientifics, Inc.
(NYSE:SFE), the highly successful technology investment concern in Wayne,
Pa., will announce support for Drexel University's newly formed SafeGuard
Scientifics Center for E-Commerce Management.
During the luncheon, which is titled "The Next American Revolution:
Digital Commerce Philadelphia," local business, civic and educational leaders
will hear Raikes explain the impact of expanding electronic commerce on the
local economy. Raikes will demonstrate the successful electronic commerce
sites of local companies such as iQVC, WineAccess, and Electronics Boutique,
all of which have used the Internet to create a competitive business edge in
the digital marketplace.
"Microsoft's commitments are an expression of the company's confidence in
the Philadelphia region as a premiere location for the future growth of
information technology," Mayor Rendell said. "Microsoft's efforts will
greatly reinforce our own initiatives in Philadelphia to attract and grow
technology and knowledge-based industries. We look forward to a strong
relationship with Microsoft that will benefit the development of the city and
the region as a hub for electronic commerce."
The Microsoft Philadelphia E-Commerce Initiative also will introduce a new
regional Web site that will serve as a resource for local companies interested
in exploring e-commerce opportunities. The Web site will highlight local e-
commerce training and seminar opportunities from non-profit support
organizations, provide an "e-commerce assessment web" that guides businesses
to important next steps, and announce special offers from local solution
provider, consulting and training organizations. Visitors to the Web site
will have the opportunity to enter an e-commerce business planning contest
that will select winners for software, training and consulting grants from
Microsoft and its local partners.
Who: Philadelphia Mayor Ed Rendell, Microsoft Corporation Group Vice
President Jeff Raikes, and local business, civic and educational
leaders
What: Luncheon announcement of Microsoft Philadelphia E-Commerce
Initiative
When: Thursday, Dec. 10, 1998, 12:00-1:30 p.m.
Where: Wyndham Franklin Plaza Hotel
Why: To further develop Philadelphia as a leader in Electronic Commerce
Founded in 1975, Microsoft (NASDAQ:MSFT) is the worldwide leader in
software for personal computers. The company offers a wide range of products
and services for business and personal use, each designed with the mission of
making it easier and more enjoyable for people to take advantage of the full
power of personal computing every day.
Editor's Note: To schedule media attendance at the luncheon, please
call Mark Stefanik at 412-858-1911.
CONTACT: Mark Stefanik of Jack Horner Communications, 412-858-1911, for
Microsoft.
SOURCE Microsoft Corporation
-0- 12/08/98
/PRNewswire -- Dec. 8/ |
