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U.S. shoppers will spend $12.5 billion (US$) online during the last two months of the year, more than double last year's holiday spending, a report released Thursday by the NPD Group predicted.

Under growing pressure from Wall Street and consumers alike, Amazon.com has intensified its efforts to achieve profitability, quietly raising prices on books.

Sweepstakes-style Web sites, frequented by women and people over 50, were heavily represented on the Media Metrix list of top 10 newcomer Web sites for August.

Internet powerhouse Yahoo! (Nasdaq: YHOO) announced a free Internet telephone service Tuesday that will allow users to access e-mail, news and other information from remote locations.

Photography giant Eastman Kodak (NYSE: EK) announced Tuesday that it has taken an equity stake in online photo site PhotoAlley and said the two companies plan to work together to drive sales of both conventional and digital photography products and services.

Targeting consumers who do not yet own a PC, Microsoft Corp. and low-cost computer manufacturer eMachines announced Monday the roll-out of an Internet device that will enable access via the software giant's MSN network.

According to a report released Monday by Cheskin Research and Chinadotcom Corporation, e-tailers will need to understand regional differences among the Chinese population in order to gain a foothold in the world's most populous country.

In a bid to help e-tailers avoid some of the snafus that marred last year's holiday shopping season, FedEx announced Monday that it will be revamping its Internet-based package return system to streamline the process for customers and businesses.

Investors scarred by the recent performance of several noteworthy e-commerce stocks will probably not see much near-term relief, but might be pleasantly surprised by the long-term outlook, a sampling of industry analysts revealed.

Goldman Sachs analyst Anthony Noto wrote in a research note last month that his firm had downgraded Priceline because overall conditions for online air ticketing businesses are not favorable.

There they were up on Capitol Hill, doing their best impression of people who don't mind the onerous privacy regulations that are almost undoubtedly about to be forced upon them. America Online was there to speak to a Senate hearing. Hewlett-Packard too.

Streaming media -- including audio, video, text, animation and multimedia content -- will drive the next wave of Internet growth, according to a new report by U.S. Bancorp Piper Jaffray. The report predicts that total spending on Web streaming media will grow from $9.7 million (US$) in 1999 to $21.6...

Automaker DaimlerChrysler (NYSE: DCX) announced Monday that it is consolidating all of its e-business activities into a new subsidiary called DCX NET Holding.

Travelers frustrated with airline delays are increasingly finding ways to stay connected to the Internet, as both airline carriers and automakers are expanding their wireless technologies to customers.

Sales of computer chips will remain strong for two more years, extending one of the longest and strongest runs for the highly cyclical industry, according to a new report from Gartner division Dataquest.