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Computer games retailer Electronics Boutique has bought BarrysWorld.com, the UK gaming site that went into voluntary liquidation last month, for 400,000.
Jean-Marie Messier, chief executive of Vivendi Universal, has rejected a deal with rival music group Bertelsmann and its partner Napster on the grounds that the online music-swapping service would receive too great a share of royalties.
Bar and restaurant group Mezzanine has sold its online dance music business mezzmusic.com to its management for 750,000.
US online retailer EToys is to file for bankruptcy in the next five to 10 days, after warning investors that its stock was now “worthless”.
David Clapham, snapped up by Alldays convenience store chain as managing director of retail when he left Sainsbury’s in 1999, has left by “mutual agreement” after only one year with the group.
The use of e-commerce is still limited among traditional UK companies but is slowly beginning to catch on, according to a survey from the Confederation of British Industry.
Fizzy drinks giant Coca-Cola has renewed its relationship with online auctioneer QXL to launch the latest round of its cashless online auction.
Deckchair.com, the flight-booking website founded by Bob Geldof KBE, has made a third of its staff redundant and is expected to announce a merger with an unnamed rival within weeks.
Napster has asked for a review of the US court ruling earlier this month which said that the company could be liable for copyright infringement.
Luke Johnson, owner of The Ivy restaurant and Belgian-themed restaurant chain Belgo, has found a new financial backer to fund his purchase of 3,000 Whitbread pubs.
