Archive

BEA Systems, Inc. (Nasdaq: BEAS) rose 7.12 to 56.25 Wednesday after announcing a contract with Charles Schwab & Co. Under the three-year license agreement, Schwab will use BEA's WebLogic as a platform for "a number of mission-critical applications across the company, BEA said.

VerticalNet, Inc. (Nasdaq: VERT) rose 0.406 to 5.343 early Thursday after the company called off its plan to acquire SierraCities.com, Inc. (Nasdaq: BTOB). Sierra Cities also gained, picking up 0.156 to 1.812 in the first few minutes of trading.

There is an interesting paradox developing in the online bookstore industry. Fourth quarter revenues (including holiday sales) are up, and books continue to be the top-selling product category on the Net, but virtually across the board, book e-tailers are falling short of analyst earnings estimates....

Internet auction fraud accounts for 87 percent of all incidents of online crime, according to a new study released Tuesday by eMarketer. As part of its "ePrivacy & Security Report," eMarketer also found that more than 34 percent of Internet users have been targeted by a Web-based privacy or ...

Does the decision by Internet giant Yahoo! to start charging its users auction listing fees mark the beginning of the end for free Internet services and content? Starting Wednesday, Yahoo! began assessing fees of up to US$2.25 for auction listings, based on the starting and reserve prices of the it...

The Texas Attorney General's Office confirmed Wednesday that a Walt Disney Co. subsidiary has offered to pay bankrupt e-tailer Toysmart.com US$50,000 to destroy its customer database, including personal information about shoppers, shopping preferences and browser histories. If the offer, set to be ...

Priceline.com (Nasdaq: PCLN) has agreed to settle two patent infringement lawsuits it filed against Internet travel competitor Expedia (Nasdaq: EXPE) and Microsoft Corp., according to a joint statement released by the companies Tuesday. The lawsuits, which were filed in October 1999 in a U.S. distr...

Quokka Sports, Inc. (Nasdaq: QKKA) fell 0.12 to 0.50 Tuesday after the online sports company said fourth-quarter revenue will be below previous estimates. Merrill Lynch analyst Henry Blodget reportedly downgraded Quokka to neutral from accumulate following the news, saying the company will need to ...

Shoppers spent US$878 million online in the week after Christmas, helping to push total sales during the holiday season to $10.7 billion, according to a study released Tuesday by Goldman Sachs and PC Data Online. Sales for the last week in December increased 60 percent over the $542 million spent d...

Lending Tree, Inc. (Nasdaq: TREE) was up 0.06 at 3.25 Wednesday, building on a Tuesday gain, after the online lending company said it will post a profit -- before income taxes, depreciation and amortization -- by the first quarter of 2002, five months earlier than previously expected. The Charlotte...

Barnesandnoble.com (Nasdaq: BNBN) was down 0.406 at 2.0 early Wednesday after the online bookseller said its acquisition of Fatbrain.com will crimp results. The New York-based e-tailer said sales for the fourth quarter rose 36 percent from a year earlier to more than US$103 million, while full-ye...

Egghead.com now says that the credit card numbers that were in its system when it was hacked over the holidays were not stolen. The bad news is that it took Egghead more than two weeks to assure its customers of this fact. On a scale of 1 to 10, this customer service disaster has to rate at least a...

In December, the job placement firm of Challenger, Gray and Christmas released a report saying that Internet job losses had increased for seven straight months, and that more than 40,000 dot-com jobs had disappeared in a 12-month period. The sheer number of layoffs have gotten most of the attention...

Of all the e-commerce pioneers that have tried to appeal to the public, perhaps none has had such an arduous climb as luxury e-tailers. After all, how much do we expect a customer who has made shopping at Saks Fifth Avenue in New York City a part of his or her regular routine to transfer the experie...

Of all the e-commerce pioneers that have tried to appeal to the public, perhaps none has had such an arduous climb as luxury e-tailers. After all, how much do we expect a customer who has made shopping at Saks Fifth Avenue in New York City a part of his or her regular routine to transfer the experie...