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British telecommunications company Cable & Wireless Plc (C&W) (LSE:CW) announced Monday that it has agreed to acquire Internet content delivery and networking services provider Digital Island (Nasdaq: ISLD) for US$340 million in cash. C&W said that when the acquisition is complete, ...

British telecommunications company Cable & Wireless Plc (C&W) (LSE:CW) announced Monday that it has agreed to acquire Internet content delivery and networking services provider Digital Island (Nasdaq: ISLD) for US$340 million in cash. C&W said that when the acquisition is complete, ...

British telecommunications company Cable & Wireless Plc (C&W) (LSE:CW) announced Monday that it has agreed to acquire Internet content delivery and networking services provider Digital Island (Nasdaq: ISLD) for US$340 million in cash. C&W said that when the acquisition is complete, ...

Will Americans ever feel comfortable enough with electronic commerce to buy a house via the Internet? The answer depends on whom you ask, but some industry observers say that unless we start incorporating major transactions into our Internet mix, e-commerce will remain an infant. That means it...

MP3.com announced Thursday that it is offering a new service, called netCDs, that will allow customers to buy digital music CDs stored exclusively online for access or download from a Web-enabled device. "MP3.com has been one of the most aggressive companies about searching for new revenue streams...

E-commerce revenues in Singapore have more than doubled, growing from US$22.03 billion in 1999 to $51.1 billion in 2000, according to a report released Wednesday by the Infocomm Development Authority of Singapore (IDA) and Department of Statistics. "The Survey on E-Commerce 2000" found that 98.7 ...

Organizers of the 2002 Olympic Winter Games said Thursday they plan to sell up to US$1 million worth of premium tickets to their events on the Internet auction site eBay (Nasdaq: EBAY). The sale will begin with a batch of 100 tickets set to go on sale later this month. If those auctions are s...

By all accounts, lots of people are buying lots of items online. And luckily for e-commerce, the menu of products that people will buy, sight unseen, seems to be expanding. So why are so many shoppers reluctant to buy clothes online? The obvious answer, of course, is that e-shoppers can't try e-...

IBM (NYSE: IBM) fell US$2.39 to $112.81 in morning trading Friday after Bear Stearns lowered its rating on the computer company's shares. Analyst Andrew Neff said he downgraded IBM to attractive from buy to reflect "concern about the narrowing for the potential upside" in light of "valuation conc...

Pointing to e-commerce as "critical" to the success of the U.S. economy, lawmakers introduced a resolution in both chambers of Congress Thursday calling on the Bush administration to make the growth of digital trade a top priority on its agenda. The bipartisan measure, sponsored in the Senate ...

Retailers are not prepared for an imminent onslaught in the number of online returns, according to a report released Thursday by Jupiter Media Metrix. Jupiter found that few retailers have systems that are equipped to help them understand why customers are returning products or how best to hand...

While product returns are set to cost Internet retailers an estimated US$3.2 billion in 2001, online merchants could "drastically" slash the figure by implementing automated Web-based return systems, according to a report released Wednesday by Gartner. The research group said e-tailers can save ...

Amazon.com chief executive officer Jeff Bezos has filed to sell 300,000 shares of Amazon stock -- under a recently enacted rule designed to allow executives to sell company stock at fixed intervals without violating insider-trading rules -- according to a regulatory filing made with the U.S. Secu...

Sending a clear message that it will no longer tolerate the wares of intolerance, online auction powerhouse eBay announced that it was expanding its guidelines prohibiting the sale of items "that promote or glorify hatred, violence or racial intolerance." It is likely that many American consumers...

Level 3 Communications (Nasdaq: LVLT) rose US$1 to 16.49 in Thursday morning trading after announcing a contract with France Telecom (NYSE: FTE) and a set of three agreements in Asia. Level 3, a Broomfield, Colorado-based communications services company, said the French phone company will lease ...