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S1 (Nasdaq: SONE) climbed US$1.85 to $8.93 in morning trading Wednesday, after the online banking software maker topped analyst estimates for the first quarter. "Our revenue performance was driven by 72 new customers purchasing a good cross-section of our enterprise e-finance offerings," S1 chief ...

Despite speculation that Internet behemoth Amazon will eventually open real world stores as a way to boost profits and make product returns easier, a senior executive with the company said Tuesday that Amazon intends to stay in cyberspace for the time being. "One of the questions we keep heari...

The share of the "addressable" online market that eBay owns is poised to triple in the next four years, the auction leader's chief financial officer said Tuesday. "That's a really ambitious goal," Morningstar.com analyst David Kathman told the E-Commerce Times. "In order to meet it, eBay would ...

Buoyed by a bounce in its current economic climate, Korean business-to-consumer (B2C) e-commerce will remain "robust" in the coming years, according to a report released Wednesday by the Yankee Group. As South Korea continues to rebound from the 1997 economic crisis, the study said a number of fact...

Following in the paths of rivals Travelocity and Expedia, another online travel leader has beaten the street. Priceline announced Tuesday a pro forma net loss for the first quarter 2001 of US$6.2 million, or 3 cents per share, beating analyst estimates of a loss of 5 to 7 cents per share. Pricel...

Although some e-tailers argue that imposing a sales tax on Internet purchases would cause online sales to plummet, a study released Tuesday by Jupiter Media Metrix concluded that most consumers are indifferent to the presence of an online sales tax. Jupiter's survey of consumers who had abandon...

In the days when everyone believed that the future of the economy lay in cyberspace, many dot-coms unwittingly built financial houses of cards by investing substantially in their online brethren. Taking equity stakes in other dot-coms was "the cool thing to do a year ago, when everyone was livin...

Eastman Kodak said Monday it will buy Ofoto, an online photography service that has been an Amazon.com partner since last fall. Kodak spokesman Gerard Meuchner told the E-Commerce Times that Ofoto's connection with Amazon would remain intact. Amazon linked with Ofoto in October and later built...

Flying high on strong sales, online travel site Expedia.com said Monday that it posted its first-ever profitable quarter more than a year ahead of schedule and projected that income for the next fiscal year would beat Wall Street estimates. "I think it's impressive what Travelocity and Expedia ha...

Microsoft announced Monday that it has reached an agreement to purchase privately held e-business software company NCompass Labs, reportedly for US$36 million. NCompass Labs' flagship product is NCompass Resolution, a software package that Microsoft said allows companies to deploy personalized ...

The Internet was supposed to allow us to have a world without borders. A world in which a guy in New Jersey could buy tea from London and sweaters from Switzerland with a few simple keystrokes. Unfortunately, the borderless nature of the World Wide Web -- arguably the attribute that makes it s...

Nextel (Nasdaq: NXTL) picked up 21 U.S. cents to $16.46 in morning trading Tuesday, after the wireless communications company reported a narrower loss for the first quarter and announced plans to cut 5 percent of its workforce. The job cuts, which will affect U.S. workers, are aimed at cutting ...

Priceline.com (Nasdaq: PCLN) climbed US$1.16 to $6.01 in morning trading Tuesday, after Goldman Sachs upgraded the stock to market outperform from market perform, saying that management has streamlined operations and positioned the company for a turnaround. Priceline's first-quarter results, due o...

Ariba (Nasdaq: ARBA) rose 56 U.S. cents to $8.29 in morning trading Tuesday, after the business-to-business (B2B) e-commerce software maker announced an expanded alliance with IBM (NYSE: IBM). Ariba also revealed a plan to collaborate with professional services company PricewaterhouseCoopers (PwC...

Digital Island (Nasdaq: ISLD) fell 54 U.S. cents to $1.93 in morning trading Tuesday after the company, which provides Internet infrastructure software and content delivery, said its loss for the second quarter ended March 31st was wider than a year earlier. In addition, the company announced pla...