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Collaborative Media, Inc., which last week became the first e-commerce company to face a union vote by its workers, said Friday it would release 28 of its 127 employees, or 22 percent of its workforce. According to company president and chief operating officer Lew Brown, the decision was made two ...
Net advertising firm DoubleClick, Inc. (Nasdaq: DCLK) fell 1 7/8 to 13 1/16 Friday, and Web content and portal giant Yahoo! dropped 11/16 to 38 15/16, following reports of analyst concerns about the online advertising market. S.G. Cowen reportedly lowered revenue estimates for the companies to ref...
Online auction giant eBay (Nasdaq: EBAY) is denying that it is in talks to buy business-to-consumer auction house uBid, according to a report published Sunday. The business news weekly Barron's reported that the two auction firms have held talks in recent months. While eBay refused to comment ...
Amazon.com (Nasdaq: AMZN) was up 1 3/8 at 26 early Monday after Goldman Sachs repeated a trading buy recommendation on the stock. "With three important weeks remaining, Amazon appears on track for a strong Q4," wrote Goldman analyst Anthony Noto. Sales of products other than books, music and video...
Online industry-sponsored marketplaces (ISMs) are going live faster than expected, according to a study released Friday by Jupiter Research. Jupiter found that 41 percent of the 58 business-to-business (B2B) ISMs launched this year are able to conduct transactions online and another 33 percent are e...
While most U.S. holiday shoppers still plan to buy their seasonal gifts at brick-and-mortar stores, a growing number intend to do more shopping online this year than last, according to a study released Thursday by Goldman Sachs & Co. and PC Data Online. According to the survey, online shoppers ...
In a bid to chip away at Priceline.com's market share in the online travel sector, discount travel service Hotwire.com said Friday that Trans World Air Airlines and Hawaiian Airlines have signed on with the company to sell their inventory of unfilled airline seats. Backed by six of the largest U.S...
Microsoft announced Thursday that it has signed contracts with three interactive TV companies as part of its bid to develop the world of television-based e-commerce. The Redmond, Washington-based software behemoth said it will work with the companies -- ACTV, eCity, and RespondTV -- to develop a ...
The European Union (EU) passed a controversial law Thursday designed to boost consumer confidence in e-commerce by establishing rules about where lawsuits against Internet merchants can be filed. The Brussels I regulation, which was reportedly hammered out as a compromise measure, allows consumers...
PetSmart.com has ended a plan to sell shares to the public, asking U.S. securities regulators Thursday to withdraw its offering documents because of "unfavorable market conditions." The online division of pet-supply retailer PetSmart filed with the U.S. Securities and Exchange Commission in Februar...
Ariba, Inc. (Nasdaq: ARBA) ended Thursday up 4 3/8 at 62 1/4, erasing an early decline sparked by news of a new chief financial officer and an analyst downgrade. The Mountain View, California-based business-to-business (B2B) e-commerce company said Robert M. Calderoni, former CFO of Avery Dennison...
A year ago at this time, the online toy market was wide open, with a broad range of e-tailers great and small vying for dominance in the space. Now, only two primary candidates remain, but neither the intensity of the competition, nor the stakes, have diminished. What is clear at this point is tha...
A union at Amazon.com? Or for that matter, at eTown.com? The suggestion itself seems strangely anachronistic, a throwback to the days when unions served a valuable purpose, when the workers they represented were truly being taken advantage of, forced to work endless hours without overtime or placed ...
Jay Walker, founder of embattled e-tailer Priceline, is under investigation by the Connecticut Attorney General for alleged violations of state and federal employment law by his privately held Walker Digital. Connecticut Attorney General Richard Blumenthal told the E-Commerce Times that he is i...
A report released Thursday by the European Union shows that Internet penetration has increased 55 percent in Europe over a six-month period. According to the report, an assessment of the progress of the eEurope initative, the number of European households with Internet access rose from 18 percent i...
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