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Consumers returned to online travel sites during the last week of September, with many sites regaining the audiences they had before the September 11th terrorist attacks, according to a report released Monday by Nielsen//NetRatings. Overall traffic to travel sites for the week ending September 3...
Gateway said Thursday that its third-quarter loss will be far worse than earlier Wall Street's expectations and blamed the shortfall in part on a drop in demand following the September 11th terrorist attacks on the United States. The No. 4 computer maker also said it would take a charge of $100 ...
The good news out of Palo Alto, California late last week was that a technology company -- an Internet company at that -- had filed for an initial public offering. But as PayPal knows, or will soon find out, it's one thing to file for an IPO, and another thing entirely to pull it off. The U.S. Se...
Travelocity.com (Nasdaq: TVLY) said Friday that it would cut 10 percent of its non-customer-service workforce and institute a hiring freeze, as well as reduce its discretionary expenditures. "Reductions in staff are difficult in any situation and particularly difficult in this one because our e...
To say Amazon.com has been busy striking partnerships lately would be an understatement. In barely more than a month, Amazon announced deals with Circuit City, Target, Expedia and Hotwire.com. Those pacts came on the heels of earlier deals with Borders and Toys "R" Us. Yet over the same period, A...
It's been promised for a while now. The personalized Web, the one that hits you right where you live. Amazon is trying it with its store-for-every-person campaign, the ultimate in customization. But I'm talking about really hitting a shopper where he or she lives. On the street where he lives. ...
Bankrupt online grocer Webvan said Thursday a judge had approved the sale of many of its assets to Kaiser Foundation Hospitals, which outbid Webvan's founder for ownership of the inventory-management technology platform. Kaiser, a division of health care giant Kaiser Permanente, will pay US$2.6...
Online real-estate companies are being hurt by a slow economy and the pullback in consumer spending, with market leader Homestore.com (Nasdaq: HOMS) warning this week of a third-quarter loss and its competitors struggling as well. Rival Homeseekers.com (OTC: HMSK), which was delisted by the Nasd...
Ever wished customers would roll out the virtual red carpet for your new product announcements? Want to create excitement among vendors and consumers? A little buzz could go a long way toward selling many types of products. Earlier this month, Forrester Research took a good look at the entertainm...
Despite promises to the contrary and a number of state laws making it unlawful to send unsolicited, commercial e-mail, the California Attorney General and the California Department of Consumer Affairs (DOCA), including its newly formed Office of Privacy Protection, appear to have done little to f...
Amazon.com and eBay have locked legal horns in a case that analysts say shows the intensity of the competition between the two e-tail giants. eBay spokesman Kevin Pursglove confirmed that eBay had been sued by Amazon in connection with eBay's hiring of Christopher Zyda, who served as Amazon's in...
UK online travel company Ebookers.com said Wednesday it will cut between 10 and 20 percent of its 700-person workforce in order to cut costs and deal with reduced demand for travel services following the terrorist attacks on the United States on September 11th. The news comes a day after U.S. tra...
Although many companies in the technology and e-commerce spaces have undertaken mass employee layoffs in order to cut costs and prop up sagging earnings, industry analysts say that a nagging question remains. Are these organizations paying too high a price for their pursuit of financial relief? ...
No one in the dot-com world was pinning great hopes on venture capitalists before September 11th, and since our national tragedy, many believe such investors have all but disappeared. The truth is that like the rest of us, they have not disappeared. They're simply regrouping and trying to determ...
TMP Worldwide, parent company of dominant online job search site Monster.com, said Tuesday it will cut jobs and lower financial goals in the wake of the September 11th terrorist attacks on the United States. "Unfortunately, like so many others around the country, we saw business activity cease i...
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