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When an e-commerce startup talks about upending the business model on which Amazon and eBay and other e-tail giants have built billion-dollar businesses, it's clear it doesn't lack ambition. Still, the founders of Cartfly believe the new face of the Web will eventually create a new way to sell and b...
Law enforcement authorities in two countries on Monday charged 38 people in the U.S. and Romania with taking part in two different phishing-related fraud schemes that authorities say were tied to organized crime worldwide. The United States Department of Justice and the Prosecutor General of Romania...
The never-ending Microhoo saga has left many investors feeling downright whipsawed as they watched events careen from one extreme to the other -- and that was after the merger was supposedly dead in the water. Now, most likely due to activist investor Carl Icahn's very real threat to launch a proxy ...
AOL has closed its $850 million acquisition of Bebo, and the portal will use the social network as the basis for a new People Networks business unit. Bebo Chief Executive Officer Joanna Shields will serve as executive vice president of AOL and president of the People Networks division, which will co...
For decades, both manufacturers and retailers have practiced and refined the art of merchandising products. From simple steps like packaging, product shelf placement and signage to sales rep training days and the stopping power of endcap displays, retailers and their vendors have traditionally worke...
In 2008, the challenges e-tailers face seem to have risen to new heights: carrier rate hikes, major postal code changes, exploding fuel costs, heightened multinational shipping expectations and uncertain consumer demand in an uncertain economy. This spring, businesses need to re-evaluate their wareh...
For the past five years, the Recording Industry Association of America has been prosecuting people -- and threatening to prosecute many more -- for sharing copyrighted content online without authorization. Last year, in the first file-sharing lawsuit ever to go to trial, Jammie Thomas was found liab...
Verizon Business has won a massive government contract to deploy and manage a global IP network for the U.S. Department of Homeland Security. The contract is for a cool $678.5 million over 10 years, and to bank the bucks, Verizon will act as the primary service provider under the DHS OneNet program,...
The recent fall and near collapse of Bear Stearns has been breathtaking. What has caused this once great company to flirt with becoming a penny stock? Will there be stockholders' suits for this remarkable collapse of value? Management of Bear Stearns decided to ride the mortgage-backed securities bo...
Corporate social networking ... channel communities ... enterprise social software applications -- the business of business has entered the Web 2.0 world, and there's no going back. Business-to-consumer e-commerce has been fully engaged by Marketing 2.0/SMM, and now it's business-to-business' turn. ...
Cox Communications is actively blocking BitTorrent file-sharing users from enjoying unfettered Internet services, according to a new study based on more than 8,000 Internet users. Like Comcast, which was the first major cable Internet service provider to be outed for throttling peer-to-peer data, Co...
Two and a half years after its launch, the Xbox 360 has sold its 10 millionth unit in the U.S., making it the first console of its generation to reach that milestone, according to Microsoft. Worldwide, consumers have purchased a total of 19 million Xbox 360s. "The 360 milestone is significant in tha...
Billionaire investor and Yahoo shareholder Carl Icahn is taking steps to revive the Microhoo deal that last week was all but dead in the water. Icahn will be launching a proxy fight at Yahoo's July 3 annual shareholders meeting to replace 10 of its directors with his own slate in order to bring Micr...
In a move to amplify its online exposure and capitalize on the burgeoning Internet advertising market, CBS has agreed to purchase Cnet Networks for approximately $1.8 billion. The television and radio giant will combine Cnet's assets with its national and local interactive businesses, enlarging its ...
A federal court has awarded MySpace nearly $230 million in its suit against Sanford Wallace and his partner Walter Rines -- aka the "Spam King." The judgment -- especially given the size of the award -- represents a decided victory for e-commerce sites in their costly battle against spam. This is th...
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