Archive

A Week of E-Commerce SNAFUs

Amazon.com was faced this week with severe criticism over featuring books on its site which were paid-for placements posing as editorial picks. A New York Times article revealed that publishers paid $10,000 (US$) per book to be featured on Amazon.com's home page. While paid-for placements of product...

Sneakers and sports apparel giant Nike, Inc. (NYSE: NKE) announced that it began the first phase of its online sales strategy, with a new e-commerce area on the Nike.com Web site. Previously, Nike.com served as an informational and marketing showpiece but, as of this week, the company shifted its em...

OpenSite Auction 4.0 Announced

Software developer OpenSite Technologies will release Version 4.0 of its OpenSite Auction software next week, on February 15, with a variety of new features. The software helps automate the process of setting up and running real-time auctions over the Web.

New Hope For Narrowband

If you're thinking you have to spend millions for broadband candy right now, think again. The age of narrowband Internet services is getting a new lease on life, as the Internet goes mobile. That message came from this week's Cellular Telecommunications Industry Association (CTIA) meeting in New O...

CollegeStudent.com, a developer of campus oriented Web sites, and the National Association of College Stores (NACS) announced plans today to launch CollegeStore.com, a new service for selling textbooks over the Web. The announcement indicates that 300 online storefronts are set to launch by April, w...

VF Corporation (NYSE: VFC), the world's largest publicly held apparel company, announced Monday that it will launch an e-commerce site by early Spring, to sell its Healthtex brand online, direct to retail shops. Healthtex, which manufactures children's clothing, is the first VF company to open an e-...

E-commerce service providers First Data Merchant Services and iMALL (Nasdaq: IMAL) have teamed up to create a "one-stop enablement portal for e-commerce" called MerchantStuff.com. The new site provides products and services that merchants can use to develop their own e-commerce sites.

As America Online gets further entrenched in its position as the world's largest e-commerce portal site, the company has wisely responded to online consumer confidence issues, by developing the AOL Certified Merchant Guarantee.

Sharper Image Corp. (Nasdaq: SHRP), the popular retailer of high-tech gadgets and gifts, announced this week that its online store has been completely redesigned in an effort to increase e-commerce revenues.

N2K Inc. (Nasdaq:NTKI), the parent company of e-commerce site Music Boulevard, reported 1998 year-end financial results Wednesday. Though losses were substantial [approximately $17.7 million (US$) for the quarter and $59.5 million for the year], the announcement focused instead on record high sales ...

Internet software developer Open Market (Nasdaq: OMKT) and Lycos (Nasdaq: LCOS) announced an alliance today aimed at attracting businesses of all sizes to build their online stores on the Lycos hub. The move is a strategic step for Lycos in the uphill battle against Yahoo! Stores, which has been ver...

In the world of e-commerce and the ongoing battle between online ticket sellers, Ticketmaster upped the ante this week with launch of my.ticketmaster.com. The new service features a personalized desktop event ticker, plus virtual reality seating charts that let visitors see where they can sit at the...

The highly anticipated deal between portal power Yahoo! (Nasdaq: YHOO) and leading streaming media aggregator Broadcast.com (Nasdaq: BCST) was made official Thursday, when Yahoo! agreed to buy Broadcast.com for $5.7 billion (US$). The deal, which is expected to close in the third quarter of this yea...

A recent survey of CEOs from around the world indicates that revenues from e-commerce are still just getting started. While 75% of the CEOs said that 5% or less of their revenue is currently derived from e-commerce, the majority expect e-business revenue to double over then next five years.

E-commerce sites were well represented among this year's Super Bowl advertisers, each investing an average $1.6 million (US$) for 30 seconds of commercial airtime. Yahoo!, Buy.com, HotJobs.com, the Monster Board, and even Victoria's Secret.com ran Web-oriented ads during the game, while E*Trade opte...


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