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While many e-tailers beef up their sites with a host of technological bells and whistles to lure online customers, a study released Tuesday by PricewaterhouseCoopers found that most of the new features do little to turn site visitors into buyers. "E-tailers need to avoid the technology trap -- jus...
Southwest Airlines confirmed Monday that it has stopped offering its flights through online travel company Travelocity -- the second jolt to Travelocity's operations in less than a week. On March 1st, Northwest Airlines and KLM Royal Dutch Airlines stopped paying commissions on Internet ticket s...
Maybe there are people out there aching to check their retirement accounts while sitting in freeway traffic. Multitasking is a must, especially in decidedly less exuberant times, so maybe in-car Internet will catch on. If the e-commerce world wants me to buy more online, even to buy online all ...
Consumers spent US$3 billion online in January -- less than half of the $6.1 billion spent online in December -- according to numbers released Monday by the National Retail Federation (NRF) and Forrester Research. "The 50 percent decline in online consumer spending in January is exactly what we...
Homestore.com (Nasdaq: HOMS) rose US$4.70 to $31.64 in morning trading Monday, after Goldman Sachs added the stock to its recommended list. Goldman analysts called the stock the "best defensive name in (the) Internet sector." The analysts said the company has shown "consistent growth via strong f...
Business-to-consumer auction site uBid said Monday it has forged an alliance with iWon.com to provide auctions for the cash-giveaway portal. The partnership, one in a series of portal and content links that uBid has announced recently, gives the auction site access to millions of Internet users ...
Despite the benefits of business-to-business online purchasing, corporate purchasing agents say that they plan to make only 20 percent of their purchases online in the next year, according to a study released Monday by Jupiter Media Metrix. Sixty percent of the purchasing agents surveyed for th...
Despite the benefits of business-to-business online purchasing, corporate purchasing agents say that they plan to make only 20 percent of their purchases online in the next year, according to a study released Monday by Jupiter Media Metrix. Sixty percent of the purchasing agents surveyed for th...
Despite the benefits of business-to-business online purchasing, corporate purchasing agents say that they plan to make only 20 percent of their purchases online in the next year, according to a study released Monday by Jupiter Media Metrix. Sixty percent of the purchasing agents surveyed for th...
There's only one directive that seems to hold true across the e-commerce landscape these days: to survive, literally, at all costs. While some e-tailers are desperately seeking new revenue sources and better gross margins to stave off hostile investors, others are completely reinventing them...
Internet powerhouse Amazon and brick-and-mortar giant Wal-Mart are reportedly discussing a strategic alliance. Amazon founder and chief executive officer Jeff Bezos and Wal-Mart CEO Lee Scott are "hammering out details of an agreement that could be announced within six weeks," London's Sunday T...
Internet book vendor Bibliofind.com reportedly said Monday that a four-month long security breach on its computer servers has exposed customer credit card information. The e-tailer, which provides an electronic catalog of millions of used and rare books for sale by independent booksellers around t...
Internet powerhouse Yahoo! announced late Thursday that its board of directors has adopted a stockholder rights plan to discourage a hostile takeover attempt. Yahoo! said the plan is "designed to deter coercive takeover tactics, including the accumulation of shares in the open market or through ...
Bankrupt e-tailer eToys has sold its BabyCenter unit to Johnson & Johnson for US$10 million in cash, the health care products giant announced Friday. The sale price constitutes a fraction of what eToys paid for BabyCenter two years ago. The asset sale comes after eToys and Goldman Sachs tr...
When Internet incubator CMGI ended 2000 with the report of a US$636.6 million third-quarter loss, heads were spinning throughout the e-business industry. After all, wasn't CMGI the golden child of the new economy? Wasn't CMGI expected to carefully nurture more than 70 dot-coms toward profitab...
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