Business news for Mon, 31 Dec 2007 & with word internet. 12 news.

Google shares edged below the $700 mark Monday as investors sussed out a report that the Internet giant is exploring a method of selling newspapers’ advertising space online.

Give Back and Empower others. Giving back is not just donating money for the sake of having a good conscience; it is much more than that. There is a reason that with the so-called web 2.0 virtual communities are appearing all over the Internet.

Tip to CEOs: After one too many drinks, stay away from your car, your girlfriend and the Internet. The biggest executive-suite foul-ups of 2007.

Internet grocer Ocado is planning an offensive against the major supermarkets by branching out into new areas such as baby clothes and flowers

NEW YORK (MarketWatch) -- Vonage Holdings Corp. said Monday that it has agreed in principle with Nortel Networks Corp. to end the pending litigation between them. According to a release from Holmdel, N.J.-based Vonage, the contemplated settlement involves a limited cross license to three Nortel and three Vonage patents and does not call for monetary payments by any party. Earlier this month, The Wall Street Journal reported that Nortel filed a lawsuit against Vonage, alleging that Vonage violated nine patents related to Internet phone services, countering Vonage's claims that Nortel had violated three of its patents. Shares of Vonage, which closed Friday at $2, were up about 9% in premarket trading Monday.

For many Americans, the Internet has become the great problem solver. When facing a collection of conundrums, including health problems, tax issues and schooling choices, U.

The Halifax bar where 38 people were arrested after a brawl last week may become the first in Canada to allow police and liquor inspectors to monitor its security cameras over the internet, a plan that worries privacy experts.

TEL AVIV (MarketWatch) -- Arizona puts into effect on Jan. 1 a law that punishes businesses that knowingly employ illegal workers, the toughest such law in the U.S., the Arizona Republic reported. Only about 6% of the state's 150,000 employers have so far signed up for E-Verify, an Internet database the U.S. federal government operates to enable employers to determine whether a person is eligible to work, the paper reported. Arizona's new law requires employers to use E-Verify; the database is voluntary at the federal level, the paper reported. While the new law has survived two legal challenges, many employers are waiting to see whether the law is ultimately upheld, the paper reported. Arizona has more than 500,000 undocumented immigrants, and many employers are reluctant to use the database, the Republic reported, because screening out the workers cuts off a major supply of low-cost labor.

Netscape Navigator, the world's first commercial Web browser and the launch pad of the Internet boom, will be pulled off life support Feb. 1 after a 13-year run.

CHINA'S Internet search firm Baidu.com said yesterday that its chief financial officer, Shawn Wang, died in an accident while on vacation in China. Wang, who joined Baidu in 2004 and helped the company successfully list on the Nasdaq stock market in 2005, died on December 27 during a Christmas-New Year holiday. Company officials declined to give further details. The company said it plans to replace him but also gave no further details. "Under Wang's leadership, this year Baidu became one of the four biggest firms in the US by stock transaction volume and the first Chinese company to join the Nasdaq 100 index," Baidu chairman and CEO Robin Li said in an e-mail to employees. "Besides his contribution to financial affairs, he also led the company's legal and human resources departments to fruitful achievements," Li said. Baidu had a 60.5-percent share of China's search engine market in the third quarter, according to Beijing-based research firm Analysys

Selling T-shirts of rock bands on the Internet didn't sound promising to music industry veterans, who dismissed Lee Tepper and Justin Beck's idea in the late 1990s. Yet, the two high school and college buddies knew very quickly after launching their enterprise that they were on to something.

Internet sales by U.S. retailers rose at the slowest pace on record as $3-a-gallon gasoline and rising mortgage defaults weighed on holiday...