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Online travel site Travelocity.com reported its first-ever profitable quarter Wednesday, just days after competitor Expedia.com said it has reached profits as well. Travelocity reported an operating profit of US$618,000, or 3 cents per share, on revenue of $72.9 million before several one-time ...

In an effort to crack down on data-mining firms that obtain personal information from consumers through fraud, the U.S. Federal Trade Commission (FTC) announced Wednesday it had filed suit against three firms that it alleged unlawfully obtained and sold confidential financial data. The agency, w...

Is it just me or is Amazon chief Jeff Bezos' wide-eyed, Andy Kaufman-like, perpetual grin starting to wear a little thin? What once was the quirky face of the revolutionary potential of electronic commerce is now simply an eerie plastered expression of who knows what. I have a feeling behind t...

IBM (NYSE: IBM) rose US$6.85 to $113.35 in morning trading Thursday after the computer giant posted an 18 percent increase in first-quarter earnings. Analysts at Goldman Sachs reportedly upgraded IBM shares to the firm's recommended list from outperform after the report. IBM's net income for the ...

Apple Computer (Nasdaq: AAPL) rose US$1.40 to $24.19 in morning trading Thursday after beating analyst estimates for the second quarter ended March 31st, returning to profitability after a first-quarter loss. Lehman Brothers reportedly upgraded Apple shares to buy from market outperform following...

i2 Technologies (Nasdaq: ITWO) fell US$3 to $16.97 in morning trading Thursday, after reporting first-quarter results that were in line with its lowered expectations, and saying the company expects losses for the next two quarters. Analysts at Salomon Smith Barney, First Union, US Bancorp Piper J...

Just as one six-figure online auction scam on eBay was finding closure, eBay has begun investigating another, according to published reports Wednesday. This time, the alleged fraud involves the sale of over US$400,000 in gold and silver coins and bullion, which were allegedly never delivered to ...

Automotive e-marketplace Covisint announced Wednesday that it had chosen Kevin W. English, a former Wall Street executive with no automotive experience, as its first chief executive officer, president and chairman of the board. "I think he's an interesting choice," Jupiter Research business- to-b...

Published reports stating that Homestore.com had breached a seven-day old contract with Bank of America are "absolutely incorrect," a spokesperson for the bank told the E-Commerce Times on Tuesday, an assertion that contradicted comments she allegedly made to the press earlier in the day. A wee...

Buoyed by a sharp rise in sales, Internet postage firm Stamps.com said Tuesday it is evaluating a number of revenue-generating measures, including possibly raising its monthly minimum price of US$1.99 for its "simple plan" customers. Thought by many to be destined for the dot-com graveyard las...

These are rough days for the psyche of e-commerce. Just when a glimmer of sunlight appears, another dark cloud comes out of nowhere. In a way, the up-and-down ride might actually be worse than having only bad news all the time. At least when the shakeout was rolling along, tossing a done-for ...

Hewlett-Packard (NYSE: HWP) rose US$1.78 to $31.03 in morning trading Wednesday, after lowering its outlook for the second quarter ending April 30th and announcing plans to cut as many as 3,000 management jobs. Instead of deferring salary increases past a 90-day period put in place in the first ...

Online book vendor Barnesandnoble.com (Nasdaq: BNBN) announced Tuesday that it is expecting first-quarter sales to climb to US$109 million, a 23 percent spike from the year-ago period. The company said it was able to achieve the increase by keeping its promotional offers -- such as free shipping a...

Internet portal Yahoo! said Tuesday it has selected longtime Warner Brothers executive Terry Semel as its new chairman and chief executive officer. The appointment of Semel ends a month-long search to replace Tim Koogle, who announced on March 7th that he would step down. During the search, Ya...

Last week, online delivery service Kozmo locked up its bikes, cashed in its dreams and became another footnote in the work-in-progress version of electronic commerce history. Kozmo's ticket was punched not long after the demise of NBCi.com, the Internet arm of NBC Television. So, with dot-coms ...