BT joins US blue-chips for licence bid
BT yesterday further strengthened its partnership with software group Microsoft and leading US telecommunications group AT&T to win a third generation mobile telephone licence.
$1m share looms in Tokyo
The world's first $1m share moved closer yesterday after internet fever gripped Tokyo's stock exchange. Shares in Yahoo! Japan, the country's most popular internet portal, shot up by the daily limit to hit 101.4m yen ($960,000) yesterday - more than 50 times the 1997 float price.
Expansive QXL snaps up auction rival
QXL.com yesterday underlined its determination to become the dominant on-line auctioneer in Europe by announcing the continent's largest internet takeover.
Lastminute frenzy falls flat
Shares in Lastminute.com slumped below their issue price yesterday amid concerns about the loss-making retailer's heady valuation.
High-techs brought low as old economy rises
Is normal service resumed? Markets surge as the blue chips bite back - and dot.coms dwindle
Why on the buses beats on the make
In the 'New Labour' economic trinity of incubators, enterprise and Cambridge, enterprise clearly represents the Holy Ghost. Tony Blair set out his stall in May 1998 by launching an IPPR report, The Entrepreneurial Society, at a Downing Street seminar. Since then the entrepreneurial spirit has (with the Prime Minister's blessing) infused the competitiveness White Paper: the DTI has set up the Small Business Services Agency and the Enterprise Unit to help spread the message to the economy as a whole.
Trinity to invest £150m in websites
Trinity Mirror became the latest "old media" group to embrace the new yesterday when it outlined plans to invest £150m over three years in a network of national and local websites.
Egg has a basket to put your funds into
As Prudential launches its online investment operation Patrick Sherwen looks at the prospects of yet another idea from the US
Lastminute fortune for net pin-ups
After months of anticipation and hype, the internet shopping business Lastminute.com finally joined the stock market yesterday and immediately crystallised a £150m paper fortune for its founders, Brent Hoberman, 31, and Martha Lane Fox, 27.
Banking made e-asy? Maybe
The online option is touted as a convenient alternative to traditional accounts but, says Jill Insley, it is not that simple - yet.