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With an eye toward appealing to the bargain-hunting segment of the Web population,Amazon.com said Wednesday it will open an Internet outlet mall during the post-Christmas shopping week According to the company, the Amazon.com Outlet will provide online shoppers with a single location to shop for bargains, but will not offer cheaper prices than Amaz...
Beleaguered name-your-price e-tailer Priceline (Nasdaq: PCLN) got an early Christmas present Wednesday when the Connecticut Better Business Bureau (BBB) announced it had reinstated the company's membership The Connecticut BBB expelled Priceline in September after reportedly receiving more than 300 complaints about the e-tailer, ranging from misrepr...
Digital currency site Beenz said Tuesday that it is laying off 25 employees from its New York City and San Francisco, California offices and will close some of its other offices The company said that the cuts came after an in-depth analysis, including a strategic review of its global business operations....
Spurred on by the success of Stephen King's e-book experiment and low distribution costs, the digital book industry in the United States is set for an explosion over the next few years, according to a report issued Tuesday by research firm IDC The report, "Electronic Publishing Forecast and Analysis, 2000-2004: Digital Books and Print on Demand," p...
IBM (NYSE: IBM) announced Tuesday that it is partnering with e-government technology company EzGov to develop and market e-commerce services for local governments The companies hope that the arrangement will help them cash in on the emerging e-government market.
MVP.com, the sports e-tailer backed by athletic superstars Michael Jordan, John Elway and Wayne Gretzky, announced Monday that it will close its offices in Boulder, Colorado and Austin, Texas, and lay off 48 percent of its 166 employees The restructuring will eliminate the positions of 39 employees in Boulder, 20 in Austin, and 20 at the company's ...
The Internet landscape will soon be populated by more women than ever before, but will be littered with even more dot-com casualties, according to a new report from the Yankee Group The Boston, Massachusetts-based consulting firm also believes that 2001 will see more government regulations to protect users' privacy online and an ongoing decline in ...
Online shoppers in Australia will do 17 percent of their holiday shopping on the Web this year, compared to only 7 percent last year, according to a survey released Monday by Ernst & Young The consulting firm said that 10 percent of online shoppers will spend 50 percent of their holiday shopping budget at e-commerce sites, in a bid to avoid the cro...
eBay (Nasdaq: EBAY) andGeneral Motors (NYSE: GM) announced Thursday that they have signed a co-marketing agreement that will see the Internet auction site and the auto giant partner on both online and offline promotions According to GMDirector of Alliances and Acquisitions Rich Christensen, eBay Motors, eBay's online automotive auction house, is a ...
Threatened with the loss of its coveted relationship with the National Football League (NFL), Internet powerhouse Yahoo! said Thursday that it will remove gambling advertisements from its football Web pages "All professional sports leagues are sensitive to being associated with wagering," Jupiter Media Metrix analyst Christopher Todd told the E-Com...
In a bid to stop a "new wave" of software pirates, the Business Software Association (BSA) announced Wednesday a set of voluntary guidelines to help online auction houses curb sales of illegal software at their sites The guidelines are necessary because "many of the people who used to sell software at card tables at flea markets have migrated to on...
Online retailers sold more than US$200 million worth of products on December 11th, establishing a new single-day sales record, Web measurement firm BizRate.com said Tuesday. The Los Angeles-based comparison shopping service predicted that the combined sales total for Monday, Tuesday and Wednesday of this week will amount to nearly $600 million in ...
Under the terms of an agreement announced Tuesday, Covisint principals Ford and General Motors will take a combined equity stake of US$1.2 billion ine-commerce infrastructure provider Commerce One (Nasdaq: CMRC) As part of the deal, Commerce One will share in revenues generated by the business-to-business (B2B) marketplace and gain a 2 percent equi...
The frenzy over locating Sony PlayStation 2 (PS2) video game consoles is fostering an online uproar, causing the police in the United States and Canada to work overtime to stop fraudulent Internet sales Elsewhere, Web retailers are putting in long hours resolving technical problems caused by heavy traffic from holiday shoppers and Internet searchin...
Driven by business-to-business (B2B) spending, e-commerce revenues could reach US$4 trillion by 2004, according to a new report from eMarketer The eGlobal Report reveals that the B2B sector currently accounts for 79.2 percent of total e-commerce spending, but will grow to 87 percent of total e-commerce by 2004, when worldwide B2B e-commerce will re...
E-tail giant Amazon (Nasdaq: AMZN) won top sales honors for November, when 3 million buyers passed through its virtual doors, according to figures released Thursday by PC Data Online. By comparison, Amazon had 1.5 million buyers in the previous month and 1.8 million buyers in November 1999....
Divisions of Ford Motor Company, DaimlerChrysler, and General Motors announced Thursday that they are partnering with imaging and information services company Bell & Howell to form a new online parts and service portal, catering to auto dealers and their wholesale customers Bell & Howell spokesperson Dwight Mater told the E-Commerce Times that the ...
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 studied have extended existing laws to cover most crimes...
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! (Nasdaq: YHOO), which relies heavily on advertising revenue However, Blodget said he expects Yahoo! to rebound in the second half of 2001 and has maintaine...
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 online brochure for Petco's 530 retail stores....

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