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Northern California buckled under the impact of rolling blackouts for the second day in a row Thursday, but Internet retailers based in the Silicon Valley say they have not suffered any power outages or lost sales -- yet. For example, Walmart.com, which is based just outside San Francisco, said t...

A California judge dismissed a US$100 million class action lawsuit against eBay on Thursday, ruling that the online auction house is not liable for the sale of phony sports memorabilia on its Web site. Plaintiffs' attorney Jim Krause said he would argue at a hearing before Judge Linda B. Quinn ...

Driven largely by business-to-business (B2B) transactions, e-commerce in Latin America is set to grow from US$3.6 billion in 2000 to $66.5 billion in 2004, according to a report released Thursday by eMarketer. The largest gain is expected to come in Mexico, with e-spending in the country expecte...

Last week, one of America's legendary rebels threw his consumer watchdog hat in the e-commerce ring. He's Ralph Nader, a consistently strong voice for the American consumer and a formidable opponent of corporate America. This time, though, Nader's target is the entire e-commerce industry, a movemen...

Delivering a much-needed lift to the struggling e-commerce sector, online auctioneer eBay (Nasdaq: EBAY) reported fourth-quarter results Thursday that convincingly beat analyst estimates and raised expectations for continued growth in the new year. Despite bumps along the road that have included ...

A report released Wednesday by consulting firm Ernst & Young predicts that Australian e-commerce will grow from US$3.1 billion in 2000 to $39 billion in 2004. The number of e-shoppers is also set to explode, growing from 2.2 million in 2000 to 5.84 million in 2004. The report, which was bas...

i2 Technologies the Dallas, Texas-based maker of business-to-business (B2B) software, reported fourth-quarter results that beat analyst expectations, and said that it sees no sign of a slowdown in demand for its products. The company said that revenue for the quarter climbed 116 percent from a ...

In a bid to reduce costs and eventually obtain profits, NBC Internet announced Thursday that it is cutting 150 jobs, or approximately 30 percent of its workforce. Because of the slump in the Net advertising arena, some analysts say that it is unlikely that NBCi will obtain reach profits anytim...

Just two months after announcing plans to shutter its operations, Garden.com said Wednesday it has completed the sale of its major assets to Walmart.com and the parent firm of gardening company W. Atlee Burpee & Co. for a total of US$4.43 million. Although it had been in business for nearly fi...

Vignette Corp. (Nasdaq: VIGN) sank more than 40 percent in the first half hour of trading Thursday, losing 5.38 to 7.12 after the e-commerce software maker lowered its projections for the coming year and said it will consolidate operations. Vignette said revenue for the fourth quarter totaled US$12...

Drkoop.com, Inc. (Nasdaq: KOOP) slipped 0.09 to 0.50 Wednesday after the company said it canceled plans to hold a meeting for shareholders to vote on a reverse stock split that would have allowed the company to avoid delisting from the Nasdaq composite stock index. Drkoop.com, which was still tradi...

Travelocity.com (Nasdaq: TVLY) said Wednesday that it brought in record revenue for the fourth quarter of 2000 and predicted that it would turn profitable by summer. The online travel site said that it brought in US$65.5 million in revenue during the quarter, more than double the same period a ...

Apple Computer Corp. (Nasdaq: APPL) was up 0.937 at 17.75 in early trading Thursday after the computer maker, as expected, reported a loss for the first quarter ended December 30th. Company officials were optimistic about the future, however, predicting a return to profitability in the current yea...

Does anyone really still believe that we are one revolutionary invention away from nirvana? You would think so, given the hype that briefly accompanied the mysterious product known as "Ginger." It just doesn't work that way. The two inventions Ginger was set to rival -- the personal computer and th...

Where Is CDNow, Now?

Most Net users and e-commerce watchers haven't heard a great deal about CDNow lately. But that might be the way the former high-flier wants it. After CDNow dominated the e-commerce headlines in 2000 with its financial troubles, a Federal Trade Commission (FTC) lawsuit, and a buyout by media giant...


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