Archive

A month after announcing that its customers' credit card information was exposed to hack attacks, Bibliofind.com said Thursday that it will move its operations to the site of its parent company, Amazon.com. Bibliofind informed customers and merchants this week that it will take up residence in ...

Sycamore Networks (Nasdaq: SCMR) fell US$2.16 to $6.91 in early trading Friday on news that the company's third-quarter revenue and earnings will miss targets after a sudden drop in customer demand. "Due to market conditions, it is necessary that the company reduce a portion of its operating expens...

Are there ways for dot-coms to trim the fat without resorting to layoffs? According to a study released Wednesday by Gartner, the answer is a resounding yes. The study, "Nine Ways to Cut Costs and Save E-Business Initiatives," outlines the ways in which chief information officers can improve th...

With the initial public offering (IPO) market continuing to languish, a report released Wednesday by IDC advises venture capitalists that the current economic climate makes it more important than ever to maximize the attention they provide to each firm in their portfolio. "For venture capitalis...

More than a year after the first salvo was fired between the recording industry and digital downloading freeloaders, the music industry is still trying to develop a subscription-based service that rivals Napster in popularity. Webnoize analyst Matt Bailey told the E-Commerce Times that no singl...

Once again, e-commerce is getting just a bit too comfortable with itself. Just when the dot-com shakeup seems to be leveling off, surviving companies are neglecting one of the key issues that could prove to be their undoing: children's privacy. Research has confirmed that children do not discri...

Dell Computer (Nasdaq: DELL) rose US$2.25 to $24.44 in morning trading Thursday after the computer maker reaffirmed its outlook for the first quarter ending May 4th. The company said advantages in the way it does business, together with "lean management" of operating costs, "continue to produce ...

Cisco Systems (Nasdaq: CSCO) rose 94 U.S. cents to $14.63 in morning trading Thursday following reports that the company will stop making a slow-selling optical router. Cisco will reportedly discontinue the product, acquired when the company bought Monterey Networks in 1999, and focus on more pro...

The future of e-commerce will include beefed-up portals, dubbed "e-commerce brokers," that will offer more than a list of links and a passive handoff to online retailers, according to a report released Thursday by Forrester Research. The report, "eCommerce Brokers Arrive," predicted an imminent ...

Amid a slew of new partnerships and product announcements in the digital music field, Yahoo! said Thursday it has formed an alliance with Duet, a subscription-based music service being developed by two of the world's largest record labels. Yahoo said it will initially market Duet as a streamin...

Yahoo! (Nasdaq: YHOO) gained US$2.62 to $15.06 in morning trading Thursday after Lehman Brothers analyst Holly Becker raised her rating on the stock, saying the price has gotten low enough for investors to "jump in." Becker upgraded Yahoo! to buy from market perform, and said she expects the stock...

Just over a year ago, investors were pushing each other out of the way to place "buy" orders for soaring tech stocks. Today, the crowds are forming instead at lawyers' offices. From Amazon.com to Priceline.com, Oracle to PlanetRx.com, a host of once high-flying technology companies has been hit ...

Online travel sites are facing fast-rising competition from the airlines themselves and must move quickly to guard their turf, according to a report released Wednesday by Jupiter Media Metrix. Jupiter said that in recent months, airline sites have gained more visitors and captured a larger port...

Despite an accelerating rate of e-tailer closures, e-commerce spending in Canada increased by 73.4 percent in 2000 over 1999, according to a study released Tuesday by Statistics Canada (Statscan), Canada's census agency. The increase occurred even though five Canadian companies shut down their e-...

Although many government bodies are taking steps to implement online services, a report released Tuesday by consulting firm Accenture concludes they still have "a long way to go." The study, "Rhetoric vs. Reality - Closing the Gap," found that only in rare cases can businesses conduct transaction...