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Controversial Internet music firm MP3.com (Nasdaq: MPPP) has slimmed its operating costs, according to third-quarter results released Thursday, but the embattled company continues to commit millions of dollars (US$) to its ongoing legal battles.

Latin American companies will conduct $10.9 billion (US$) in online business-to-business (B2B) transactions in 2001, with the figure rising to $63.8 billion by 2005, according to a report released Friday by the Yankee Group.

Auction giant eBay continues to turn out solid growth and profit numbers, announcing third quarter earnings Thursday showing revenues nearly twice what they were a year ago.

More people are shopping online but are spending less money per person, according to numbers released Friday by the National Retail Federation (NRF) and Forrester Research (Nasdaq: FORR).

America Online (NYSE: AOL) said Wednesday that its earnings for the first quarter nearly doubled from a year ago, beating analysts estimates and putting the bellwether firm in a position to help repair the recent damage on Wall Street.

A pair of bills introduced this week in the U.S. Senate and House of Representatives would make it easier for state and federal officials to crack down on illegal sales of pharmaceuticals over the Internet.

Online grocer Webvan Group, Inc. (Nasdaq: WBVN) reported a wider-than-expected loss for the third quarter Wednesday, as the company took steps to consolidate the operations of newly acquired HomeGrocer.com.

The issue of how much government needs to work with industry to beef up Internet security and keep the New Economy flourishing was debated Wednesday by speakers at the opening sessions of this year's World E-Commerce Forum in London.

According to a report released Wednesday by research and consulting firm Ovum, the alternative online payment market will reach $126 billion (US$) by 2005.

The Global Internet Liberty Campaign (GILC), a coalition of about 30 civil liberties and human rights groups, is petitioning the Council of Europe to revamp a draft treaty on cybercrime based on charges that it is riddled with measures that threaten online privacy and free speech.

Even as high-tech companies rethink the scope of their e-commerce investments, optimism about short-term economic and business conditions remains strong, according to a study released Thursday by PricewaterhouseCoopers.

Dominant online auction site eBay (Nasdaq: EBAY) is talking with the major U.S. television networks about creating a show featuring the site's products and the people who put them up for auction, according to published reports.

Many an e-commerce company has spent untold amounts of time and money making sure their Web sites nail down marquee spots on the results pages of various search engines.

A study released Wednesday by Active Research revealed that the majority of Americans would spend less online if their e-purchases were taxed.

Controversial Internet music download site MP3.com has tentatively agreed to pay up to $30 million (US$) to the National Music Publishers' Association (NMPA) and its licensing subsidiary, Harry Fox Agency, for the use of over one million songs on its network, the companies said Wednesday.