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Razorfish, Inc. (Nasdaq: RAZF) was up 19 U.S. cents at $2 in Tuesday morning trading, a day after the Internet consulting company announced further cost cuts in a restructuring plan. The New York City-based company's "performance improvement plan," aimed at saving about $70 million this year, in...
British retail giant John Lewis Partnership said Tuesday that it has purchased the UK division of struggling U.S. e-tailer Buy.com (Nasdaq: BUYX). "For quite some time it has been clear that our operating model would be stronger in partnership with an offline business," said Murray Hennessy, c...
Nominations for the Oscars -- the film industry's most glamorous honor -- are big business. The Internet would seem to be the perfect place to generate Oscar ammunition while keeping marketing costs down. Guess again. "If they're doing anything in particular [on the Net] for Oscar buzz, I don't...
The great thing about American industry is that it only takes one courageous, motivated individual to start a revolution. If you have several courageous, motivated individuals, so much the better. When employees of Etown.com, an electronics content site, decided to organize a vote for unionization,...
Semiconductor shares fell early Monday after an industry report showed that chip sales declined in December. In morning trading, Intel Corp. (Nasdaq: INTC) was down 94 U.S. cents at $34.75, Applied Materials (Nasdaq: AMAT) was down $2.69 at $45.06, and Texas Instruments, Inc. (NYSE: TXN) was down $1...
The news this week that MVP.com is closing its site and selling the remaining assets to rival Sportsline.com came as no surprise to those familiar with the rash of consolidations sweeping through the online sporting goods arena. With Sportsline.com, Quokka Sports, Global Sports and a handful of o...
Writer Ken Auletta's new book about the Microsoft trial bears the intriguing title of "World War 3.0." If the Microsoft case is a war, the two main generals have left the battlefield and joined the Bertelsmann AG and Napster camp. What does that mean? There are two ways to read the news that for...
In the coming years, chemical firms will shift their Internet strategies from conducting online transactions to designing customized products -- with chemical buyers making use of online development portals -- according to a report released Monday by Forrester Research. "Moving basic commerce fun...
Chinadotcom Corp. (Nasdaq: CHINA) was down 19 U.S. cents at $6.38 in early trading Monday following reports that the company expects a weak fourth quarter. Chief financial officer Daniel Widdicombe reportedly said the Asian Internet portal expects writedowns of at least $70 million against results...
In what is essentially a response to rapid consolidation in the online car-buying sector, General Motors (NYSE: GM) told its dealers Sunday that they will have the option of selling other car brands through a new online sales operation, AutoCentric. While GM has yet to publicly unveil AutoCentr...
In contrast to e-marketplaces in the U.S., which are largely funded by homegrown investors, most of the funding for Latin American business-to-business (B2B) marketplaces is coming from international sources, according to a new report from Jupiter Research. "The reluctance of regional players to...
Take a look around Dot-Com Island. There isn't an e-tail site still alive that hasn't been affected by the recent shakeout to some degree. However, some of the Web merchants are more likely to survive than others. The defining characteristics of those companies vary slightly, but one thing they all ...
Of the traditions we're most proud of, identity theft and credit card theft will likely not make the cut. Still, it's getting to be a habit. Last year began with 2,500 credit card numbers being exposed at seven e-commerce sites. This year, before we could even turn one calendar page, online tr...
Pet supplies e-tailer Petopia.com pulled the plug on its planned US$100 million initial public offering Friday, saying in a filing with the U.S. Securities and Exchange Commission (SEC) that it has sold almost all of its assets and is no longer in business. The San Francisco, California-based compa...
In yet another example of consolidation in the online auto market, MSN Carpoint and AutoNation announced Friday that they have signed a deal that makes AutoNation the primary distributor of the car sales leads generated by Carpoint. AutoNation chief executive officer Mike Jackson said the agre...
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