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Amid speculation that troubled e-tailer eToys may be close to finding a buyer, shares in the company jumped from 19 cents per share Tuesday morning to 59 cents by the closing bell. Over 40 million shares -- more than six times the company's average daily volume of 5.9 million shares -- changed ...
Putting a damper on positive e-commerce sales figures from the recent holiday season, a report released by Nielsen//NetRatings on Wednesday said that Internet users spent less time surfing the Web both at home and at work during the final months of 2000. The average time spent online has been dro...
A report released Wednesday by Jupiter Research has further confirmed that U.S. consumers spent more than US$10 billion online during the recently concluded holiday shopping season. Jupiter said that U.S. consumers spent $10.8 billion online during November and December, a 54 percent spike from last...
LookSmart (Nasdaq: LOOK) was up 0.50 at 3.468 in early trading Wednesday after the company announced a subsite listings deal with e-tail giant Amazon.com (Nasdaq: AMZN). Amazon will promote "thousands" of product categories through LookSmart directory links and keyword searches, which will enable u...
WebTrends Corp. (Nasdaq: WEBT) was down 2.375 at 30.50 early Wednesday after the company agreed to be acquired by NetIQ Corp. (Nasdaq: NTIQ) for stock worth US$36 per share, or about $1 billion. Under the agreement, which was approved by both companies' boards, WebTrends shareholders will receive 0...
Right now, online commerce and offline commerce are trying to work out how much they need one another -- in kind of the same way The Odd Couple would. "Can two kinds of retailers share a consumer market without driving each other crazy?" Of course, not all relationships between offline and online ...
In a bid to survive the ongoing dot-com shakeout, Drkoop.com (Nasdaq: KOOP) said Tuesday that it will cut 45 workers primarily in its Austin, Texas offices and move the company's headquarters to Santa Monica, California. Michael Davis, vice president and research area director for the Gartner...
Right now, online commerce and offline commerce are trying to work out how much they need one another -- in kind of the same way The Odd Couple would. "Can two kinds of retailers share a consumer market without driving each other crazy?" Of course, not all relationships between offline and online ...
Right now, online commerce and offline commerce are trying to work out how much they need one another -- in kind of the same way The Odd Couple would. "Can two kinds of retailers share a consumer market without driving each other crazy?" Of course, not all relationships between offline and online ...
Shoppers who took to the Internet over the recent holiday season to buy clothing often met with a negative experience -- one that has diminished their interest in making such purchases online in the near future -- according to a new study from consulting firm Accenture (formerly Andersen Consulting)...
While brick-and-mortar retailers saw a bigger jump in business over the Web than did their online counterparts during the latest holiday season, pure-play Internet retailers scored better among consumers in terms of customer satisfaction, according to a new report released by Nielsen//NetRatings and...
Just two weeks after lowering its fourth quarter earnings estimates, e-commerce software company Intershop Communications AG (Nasdaq: ISHP) announced Monday the elimination about 80 positions within its U.S.-based operations as part of a corporate restructuring. Intershop also plans to consolid...
Click2learn.com, Inc. (Nasdaq: CLKS) was down 3.00 at 6.50 early Tuesday after the company said fourth-quarter results will fall short of analysts' estimates. The Bellevue, Washington-based provider of online training services said revenue for the quarter will total about US$11.2 million, up from $...
Aiming to broaden its array of offerings and tap new sources of revenue, Internet portal Yahoo! on Tuesday launched a marketplace service targeting the business-to-business (B2B) market in three specific industry areas: electronics, software and hardware. Additional subject areas will be rolled out ...
3Com Corp. (Nasdaq: COMS) was up 0.19 at 10.56 early Tuesday, following reports that the networking equipment maker is planning job cuts. The Santa Clara, California-based company is reportedly cutting jobs as part of a plan to cut US$200 million to $225 million in costs per year. Some reports sa...
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