Articles by Karen Leonardi

On Monday, Cash Technologies, Inc. (Nasdaq: CHNG) announced a system that could, in theory, allow customers to pay for online purchases with their ATM cards. The company reports that its new EMMA TMe-commerce transaction processing system will allow millions of Web users without a credit card an easy and secure way to shop online "For the first tim...

3Com Corporation (Nasdaq: COMS), the second largest networking equipment manufacturer, is projecting that its revenue from online, business-to-business transactions will increase from 30 percent today, to 80 percent by the end of this year. The company also expects to save $100 million (US$) by shifting to an e-business strategy, conducting virtually all aspects of its business online...

Onsale Inc. (Nasdaq:ONSL), a popular Internet retailer, today reported that more than ten million bids have been placed on its atAuction service at www.onsale.com. The ten-millionth bid was placed on Sunday, February 21, approximately two months after reaching the nine-million mark "Passing ten million bids illustrates our continued momentum in the...

The Go2Net (Nasdaq:GNET) network of Web sites and Wireless Dimension recently unveiled a co-branded site, where Go2Net Network users can compare and buy wireless phones and service. The relationship provides a boost for Wireless Dimension, which will gain visibility among Go2Net's base of more than one million users per day Internet users can enter...

Online service provider PeopleSupport.com announced Monday that Metro-Goldwyn-Mayer (NYSE: MGM) will add real-time customer service to MGM's online store in April, using PeopleSupport's "Live Help Now" service. The statement indicates that MGM will become the first major movie studio to provide live, online customer assistance and sales support Thi...

SuperMarkets Online seems to be the next company to benefit from the AOL marketing machine. The company has signed an agreement with America Online that will bring the company's ValuPageSM grocery coupons to the attention of millions of additional users, through AOL's main service and AOL's Digital City, a local content network and interactive community guide...

CollegeStudent.com, a developer of campus oriented Web sites, and the National Association of College Stores (NACS) announced plans today to launch CollegeStore.com, a new service for selling textbooks over the Web. The announcement indicates that 300 online storefronts are set to launch by April, with the potential to have more than 1,000 signed on by the end of this year...

VF Corporation (NYSE: VFC), the world's largest publicly held apparel company, announced Monday that it will launch an e-commerce site by early Spring, to sell its Healthtex brand online, direct to retail shops. Healthtex, which manufactures children's clothing, is the first VF company to open an e-commerce site for business-to-business (wholesale to retail) sales...

E-commerce service providers First Data Merchant Services and iMALL (Nasdaq: IMAL) have teamed up to create a "one-stop enablement portal for e-commerce" called MerchantStuff.com. The new site provides products and services that merchants can use to develop their own e-commerce sites Industry Perspective...

N2K Inc. (Nasdaq:NTKI), the parent company of e-commerce site Music Boulevard, reported 1998 year-end financial results Wednesday. Though losses were substantial [approximately $17.7 million (US$) for the quarter and $59.5 million for the year], the announcement focused instead on record high sales -- up 331% over last year's fourth quarter -- and a 60% increase in customers...

Internet software developer Open Market (Nasdaq: OMKT) and Lycos (Nasdaq: LCOS) announced an alliance today aimed at attracting businesses of all sizes to build their online stores on the Lycos hub. The move is a strategic step for Lycos in the uphill battle against Yahoo! Stores, which has been very successful in attracting online merchants Today'...

In the world of e-commerce and the ongoing battle between online ticket sellers, Ticketmaster upped the ante this week with launch of my.ticketmaster.com. The new service features a personalized desktop event ticker, plus virtual reality seating charts that let visitors see where they can sit at the next show or sporting event These new features ar...

A recent survey of CEOs from around the world indicates that revenues from e-commerce are still just getting started. While 75% of the CEOs said that 5% or less of their revenue is currently derived from e-commerce, the majority expect e-business revenue to double over then next five years Approximately 40% of the CEOs anticipate that more than 10%...

E-commerce sites were well represented among this year's Super Bowl advertisers, each investing an average $1.6 million (US$) for 30 seconds of commercial airtime. Yahoo!, Buy.com, HotJobs.com, the Monster Board, and even Victoria's Secret.com ran Web-oriented ads during the game, while E*Trade opted for a pre-game blitz with six individual spots T...

Keeping in step with other advertisers who launched high-profile campaigns on Super Bowl Sunday, IBM chose today, the day after, to unveil its newest e-business campaign. IBM reports that the new advertising is part of a $75 million (US$) campaign spotlighting the "e-business people" of IBM Global Services The new ads feature select IBM employees w...

Compaq Computer Corporation (NYSE: CPQ) made its second announcement this week regarding strategic plans to focus on e-commerce, presumably hoping to regain marketshare that has been going quickly and directly to Dell Computers Today's news announced formation of the Compaq.com Business Division that will be responsible for selling Compaq products ...

First they offered "name your price" airline tickets. Then hotel rooms. Now, home mortgages. This week, Priceline.com is back in the news, offering home buyers a chance to log-on and save money, by naming their own interest rate and mortgage terms....

America Online (NYSE: AOL) continues to wow shareholders and analysts with record quarterly results and yet another stock split, announced late Wednesday. Net income, total revenues and membership were all on the upswing, setting new records also for advertising and e-commerce growth Net income for the second quarter, which ended December 31, total...

Web auction site eBay Inc. (Nasdaq: EBAY) reported impressive 1998 year-end and fourth-quarter results on Tuesday, along with plans for an upcoming 3-for-1 stock split. In fact, the company's release was filled with good news for investors Revenues are up. Net income is up (though the gross profit margin decreased slightly). And, perhaps most impor...

CyberCash, Inc. (Nasdaq: CYCH) made two announcements today, including 1998 year-end results, and release of enhanced payment software for Microsoft Site Server -- the second bit of news coming, perhaps, to soften the impact of a $31 million loss (US$) Despite the loss, chairman and CEO Bill Melton reports that, "CyberCash is well positioned to rid...