Archive

Few countries around the world have passed laws targeting online criminal activity, posing a threat to e-commerce and technological growth, according to a report released Wednesday. McConnell International, a security consulting firm based in Washington, D.C., found that 9 of 52 countries it studi...

Ventro Corp. (Nasdaq: VNTR) rose 11/32 to 2 7/32 Wednesday after announcing a restructuring that includes the shuttering of its Chemix and Promedix online marketplace divisions. The Mountain View, California-based operator of business-to-business (B2B) marketplaces had been seeking buyers for Chemd...

Internet consulting company Scient (Nasdaq: SCNT) was down 2 1/16 at 2 7/16 early Thursday after the company said results for the quarter ending December 31st will be worse than previously expected. The San Francisco, California-based firm said an industry-wide slowdown put pressure on results. To ...

Critical Path, Inc. (Nasdaq: CPTH) dropped 3 5/16 to 24 5/8 in the first few minutes of trading Thursday after the company, which provides business-to-business (B2B) Internet messaging services and software, announced a new chief financial officer. The plunge, amid a general decline in technology ...

A "lousy" online advertising climate led influential Merrill Lynch analyst Henry Blodget on Wednesday to cut first and second quarter fiscal year 2001 revenue estimates for Web powerhouse Yahoo!, which relies heavily on advertising revenue. However, Blodget said he expects Yahoo! to rebound in the ...

Tower Records and MP3.com announced a deal Wednesday that will provide customers with immediate online streaming access to music they purchase from TowerRecords.com, and eventually Tower Records brick-and-mortar retail stores. The agreement to extend MP3's "Instant Listening" service to Tower was ...

In sharp contrast to the consumer resistance that online car dealers are experiencing in the U.S., General Motors has sold over 8,000 Chevrolet Celta cars in Brazil via the Web since mid-September. GM said Tuesday that within the next few months more than 80 percent of its expected 25,000 Brazili...

Doesn't all the recent attention paid to "micropayments" indicate that the e-commerce model we all know and love could be deeply flawed? Not quite. But this idea may gain a whole lot of momentum in 2001, thanks to the profit-seekers and a maturing infrastructure being provided by players like C...

The civil rights group that filed a discrimination lawsuit against online delivery service Kozmo.com earlier this year announced Tuesday that it will not pursue the suit as part of a agreement brokered by the parties to increase Internet access in underserved communities in Washington, D.C. The Equ...

Brick-and-mortar pet superstore Petco announced Tuesday that it has acquired the assets of its e-tail affiliate Petopia for an undisclosed price. Petco said that it has no immediate plans to consolidate the e-commerce capabilities of Petopia into its own Petco site, which serves primarily as an onl...

Adding yet another dot-com shutdown to the ever-growing list, e-tailer Babygear.com has closed shop and filed for bankruptcy liquidation. A posting on the company's Web site says that the baby-products store is "unable to take orders, ship orders or issue credits," and urges customers to contact ...

Click Commerce, Inc. (Nasdaq: CKCM) advanced 3 3/16 to 22 5/16 Tuesday after the Chicago, Illinois-based company, which provides e-business applications and services, announced an alliance with Microsoft Corp. (Nasdaq: MSFT). Microsoft will provide Click Commerce with access to Microsoft enterpri...

Music and video retailer Tower Records has scored the latest victory for brick-and-click stores on the Net, edging out Internet heavyweight Amazon.com as the top online music seller in Forrester Research rankings released Tuesday. Forrester said that the first-place showing by Tower -- which has ai...

The main shopping site of Amazon.com suffered a 40-minute outage on Tuesday, the third and longest shutdown for the site since Thanksgiving. While Amazon has downplayed past outages, saying they would have "no measurable impact" on business, Morningstar.com analyst Patrick Dorsey told the E-Commer...

Xpedior, Inc. (Nasdaq: XPDR) fell 7/32 to 1/2 Tuesday after the Internet consulting company said it will close some unprofitable offices, cutting about 380 jobs. The Chicago, Illinois-based consultant said it will focus on such key markets as retail and distribution, telecommunications, and financi...