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Pundits, powerhouses and assorted talking heads were already predicting the demise of retail e-commerce before the current economic downturn. Now, with the conventional wisdom suggesting more doom and gloom, the word on the street -- yes, that Street -- is that e-commerce was great fun, but it...

Handspring (Nasdaq: HAND) fell US$4.31 to $11.85 in morning trading Wednesday after rival handheld computer maker Palm (Nasdaq: PALM) issued a gloomy outlook for the current quarter, saying a deteriorating economy has led to lower orders. The drop came even as Handspring reaffirmed its financial t...

Nortel Networks (NYSE: NT) dropped US$2.27 to $14.49 in morning trading Wednesday after the telecom company announced a second set of layoffs and again reduced expectations for first-quarter results. Analysts at Lehman Brothers and First Union Securities lowered their estimates for Nortel to ref...

ADC Telecommunications fell US$1.50 to $9.06 in morning trading Wednesday after lowering its expectations for second-quarter results and announcing plans to cut 3,000 to 4,000 workers. ADC, a Minneapolis, Minnesota-based provider of fiber optics, network equipment and software to broadband network...

Looking to give their small business e-commerce services a boost, America Online and PurchasePro unveiled 10 new services Wednesday through a host of strategic partners. The deals, aimed at beefing up the offerings that AOL extends to small and medium businesses through its Netscape Netbusiness...

Not a day goes by without yet another report of massive high-tech layoffs and lowered financial expectations -- not to mention the economic slowdown, stock prices in steep decline and the ongoing series of dot-com closures. But underneath most radar screens, a group of e-commerce sites are get...

A new report from The Boston Consulting Group said that pure plays that have already achieved significant scale, and niche Internet players that have already built loyal online customer bases, are likely to achieve success in the next stage of e-commerce evolution. However, the report also said ...

Call it the spillover effect. That's what happens when lame customer service online starts to impact how shoppers feel about a retailer's brick-and-mortar stores. Spillover effect might be the best reason ever for retailers to do a better job answering questions and resolving complaints online...

Hours after saying it had made an offer for the assets of bankrupt e-tailer eToys, children's book publisher Scholastic announced late Monday that it would not submit a bid after all. The company said that it "concluded that the acquisition of selected eToys assets did not meet Scholastic's thre...

Ever-changing e-tailer Kozmo said Monday it will abandon a US$150 million plan to install video drop-off boxes in hundreds of Starbucks coffee shops across the United States. Kozmo spokesperson Stephanie Cohen Glass told the E-Commerce Times that the five-year agreement, announced in February 2...

HotJobs.com (Nasdaq: HOTJ) fell 16 U.S. cents to $5.34 in morning trading Tuesday, after the Internet recruiting company said it has cut 15 percent of its workforce since the start of the year. The New York-based company said it will take a $2.5 million to $3 million charge to first-quarter earni...

The U.S. Customs Service and the Moscow City Police cooperated to shut down a Moscow-based website called Blue Orchid that was selling child pornography, the agency said Monday. As a result of the investigation, 15 arrest warrants were executed in the U.S., and four Americans and five Russians were ...

Vitesse Semiconductor (Nasdaq: VTSS) fell US$4.44 to $29.50 in morning trading Tuesday, after the company reduced its outlook for the current fiscal quarter for the second time this month. Reports of downgrades at Credit Suisse First Boston and UBS Paine Webber helped fuel the decline.

Retail banking firms in the UK looking to ramp up their e-commerce operations will need to organize their financial services around PC-based transactions and account management, according to a study released Monday by Forrester Research. Because of the PC-focus, Forrester said other banking acces...

Consumer confidence in e-commerce took center stage Friday and Saturday when the European Commission (EC) met in Stockholm, Sweden to discuss the "eEurope 2002 Action Plan." Acknowledging that "business and citizens in the European Union have been slower in embracing this New Economy than [those...