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Five of Hollywood's major motion picture studios announced Thursday they were partnering to create an online movie service that will offer digital downloads of both new and old movies to broadband Internet users. The studios said service will also be available to other film producers and distribu...

Online currency provider Beenz.com announced late Thursday that its currency would be invalid as of August 26th. The company's collapse comes just one week after rival e-currency site Flooz.com suspended its operations. Unlike Flooz, which closed abruptly, Beenz is giving its customers a 10-day n...

As it steps up efforts to tap new revenue streams, Yahoo! announced Thursday that it has created an executive management position to oversee its corporate business offerings. The Sunnyvale, California-based company said it appointed James A. Fanella to serve as senior vice president for business ...

Multinational companies based in the U.S. have a long way to go to ensure the privacy of customer data, particularly data transferred via the Internet, according to a study released Thursday by Andersen. "The reality of today's global economy, especially the use of the Internet as a channel fo...

Throughout these pioneer days of e-commerce, the greatest challenge facing the industry has been creating and sustaining consumer need. Do consumers need to buy houses, cars and groceries on the Internet? If not now, will they need to do so in the future? Possibly. However, we have learned that n...

Royal Ahold said Friday it has settled a lawsuit with shareholders of Peapod, clearing the way for a planned buyout of the online grocer. The settlement, which still must be approved by a judge, makes it possible for Ahold to move ahead with its planned purchase of all outstanding Peapod shares. ...

With the equivalent of 112 million wire-access lines in place, Verizon has a lot of marketing to do. To help spread word of its arrival, Verizon turned to the Web and the rich media capabilities it offers. Using streaming audio ads, it introduced surfers to the new brand name, right down to how t...

Walmart.com, the e-commerce arm of retail giant Wal-Mart, opened an online college bookstore Wednesday, offering students discounts of up to 30 percent on more than 300,000 titles, including textbooks, study guides and graduate school guides. However, there may be some flaws in Walmart.com's ...

Egghead.com announced Wednesday that it is selling its assets to Silicon Valley-based brick-and-mortar retail chain Fry's Electronics as part of a Chapter 11 bankruptcy filing. The Egghead Web site will remain open for business until the assets sale is complete, the company said. Fry's, which...

Technology support and services firms are leading U.S. small businesses in using and investing in the Internet, but manufacturing firms are a surprising second, according to a report released by IDC on Wednesday. Manufacturing firms, often deemed late-adopters of technology, have incorporated th...

Demand for instant gratification and results seems to be casting a spell over e-commerce. Technically, we refer to it as a "broadband" dilemma, but it's all about short attention spans and uneven fast access across the country. As to who will win this race -- cable companies or telecom companies ...

Flower seller 1-800-Flowers.com achieved a profit in its fiscal fourth quarter, as strong Mother's Day sales fueled a 33 percent rise in online revenue, the company said Thursday. "Despite what continues to be a very challenging economy for retail companies, during our fourth quarter we were able...

Internet retailer Buy.com said Tuesday it has cut 50 workers -- approximately 40 percent of its total workforce -- as it reported sharply lower sales figures for the second quarter of 2001. Buy.com said the layoffs took place Monday from its Aliso Viejo, California headquarters. The latest job ...

Online music provider MP3.com (Nasdaq: MPPP) said Wednesday it has removed pop-up window advertising and other ads from its music subscription service for which users pay monthly or annual fees. MP3.com chairman and chief executive officer Michael Robertson said that MP3.com users "have made it ...

There are apparently some in e-commerce with an eternally sunny outlook. Some might call it an inability to accept reality. For others, it might seem more like a complete failure to learn from the past, which therefore dooms us to repeat it. But this very optimism could be what keeps e-commerce n...