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Could the government put an end to all the euphoria surrounding eBay's stock? eBay (Nasdaq: EBAY) announced late Friday that it is cooperating fully with a federal investigation into possible illegal transactions on the auction site. The inquiry will include an examination of eBay's roles in the t...
I make mistakes. Last week I confused Go2Net and GoTo.Com in a story here about Disney's Go Network. Fortunately a reader helped my editor catch the mistake. But at least I didn't blow the lead.
There aren't many stocks hotter than Amazon.com (Nasdaq: AMZN) right now, but Barnes & Noble (NYSE: BKS) isn't conceding anything in the heated battle between the online booksellers. On Thursday, Go2Net, Inc. (Nasdaq: GNET) announced that it has signed an agreement to make Barnes and Noble the e...
While carnage ruled the day among many Internet stocks yesterday (interest rates are rising), Amazon.com was a big exception. Its stock rose nearly 10% in price after it announced it will buy 46% of Drugstore.com, the fledgling online prescription drug dispenser backed by venture capital legends Kle...
PC maker Gateway (NYSE: GTW) has invested $21 million (US$) to purchase a 19.9% stake in the NECX Office and Personal Technology Center, the e-commerce subsidiary of computer products reseller NECX. The deal includes an option for Gateway to buy the entire subsidiary.
There aren't many stocks hotter than Amazon.com (Nasdaq: AMZN) right now, but Barnes & Noble (NYSE: BKS) isn't conceding anything in the heated battle between the online booksellers. On Thursday, Go2Net, Inc. (Nasdaq: GNET) announced that it has signed an agreement to make Barnes and Noble the e...
Looking for yet another reason to be bullish about Amazon.com? There's now an extremely compelling one. Amazon.com (Nasdaq: AMZN) announced on Wednesday that it owns approximately a 46 percent stake of online drug retailer Drugstore.com.
Trouble is growing between the Internet and other sales channels. Compaq said this week it is suspending sales through Web-only retail channels (including Shopping.com, an online store which Compaq is in the process of buying), while it evaluates the reseller channel conflict.
At the beginning of the year, Compaq (NYSE: CPQ) CEO Eckhard Pfeiffer declared that his company's "top strategic priority is Internet leadership in the industry." Well, for now, it looks like that strategy surprisingly includes making Compaq computers harder to buy on the Internet. Compaq confirmed ...
Netscape has selected VeriSign as the premier provider of e-commerce security technology for Netscape customers, including America Online shoppers. The two companies plan to integrate VeriSign's digital certificate services with Netscape client and server products, while launching a co-branded Netce...
Barnes and Noble, Inc. (NYSE: BKS) reported that its online unit, BarnesandNoble.com, reached $70.2 million (US$) in sales during 1998, representing an impressive increase of 381 percent over the previous year's figures. The results topped the company's projections of $60 to $65 million, thanks to a...
There's more confirmation of the link between TV and the Web in the latest monthly audience numbers from Media Metrix.
Online service provider PeopleSupport.com announced Monday that Metro-Goldwyn-Mayer (NYSE: MGM) will add real-time customer service to MGM's online store in April, using PeopleSupport's "Live Help Now" service. The statement indicates that MGM will become the first major movie studio to provide live...
Software reseller Beyond.com's (Nasdaq: BYND) merger with privately held rival BuyDirect.com is, of course, a significant deal. But potential investors shouldn't get too excited. Online software retailing is a hypercompetitive, low-margin business, and right now the combination of Beyond.com and Buy...
The most important (and most under-reported) Internet story is what's happening with business-to-business commerce. Forrester Research estimates online purchases for business will be a $1.5 trillion market in 2003, dwarfing the size of the business-to-consumer market that's getting all the headlines...
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