Articles by Lori Enos

Three of the world's largest automakers, DaimlerChrysler, Toyota and Volkswagen, have signed separate contracts with i2 Technologies (Nasdaq: ITWO) to power their private online marketplaces "The commitments by Toyota, Volkswagen and DaimlerChrysler demonstrate the need for i2 solutions among automakers as they work toward maximizing the efficiency...

Visitors to scores of porn sites were bilked out of millions of dollars (US$), according to a suit filed Wednesday by the U.S. Federal Trade Commission (FTC) and the New York Attorney General in Manhattan's U.S. District Court According to the complaint, the New York City-based Crescent Publishing Group -- which operates Playgirl.com, Highsociety.c

According to the United Kingdom's National Crime Squad, three men were arrested at their homes north of London on Tuesday in connection with a high-tech heist at Egg, one of the Internet's most high-profile banks Egg, which is backed by Prudential plc, confirmed that it had been the target of the Internet thieves. Published reports quoted the bank ...

Unless certain key countries take steps to improve their "E-Readiness," world economic expansion will stagnate, according to a report released Tuesday by global policy and technology consulting firm McConnell International The report, "Risk E-Business: Seizing the Opportunity of Global E-Readiness," rates the e-readiness -- defined as the capacity ...

The U.S. Federal Trade Commission (FTC) announced Monday that operators of over 180 Web sites offering "credit repair" services were put on notice that their claims may violate state and federal laws The crackdown comes after investigators from over 45 government law enforcement agencies and private consumer protection groups spent a day in July su...

As dot-coms mature, so do the pay practices of the online industry, according to the Unifi Network Internet Compensation Survey 2000 released Tuesday According to the survey of 123 companies, dot-coms have increasingly adopted short-term incentives and bonus plans that are tied to more traditional business performance metrics -- such as increased r...

A strong majority of U.S. Internet users want a guarantee from Web sites that their private information will not be resold, and more than 90 percent favor punishment for executives responsible for privacy violations, according to a new study from the Pew Internet & American Life Project "Internet users want the Golden Rule of the Internet to be: 'D...

Online consumer spending has stagnated at a mid-summer plateau, according to figures released Friday by the National Retail Federation (NRF) and Forrester Research The latest NRF/Forrester Online Retail Index shows that online sales expanded steadily from $2.8 billion (US$) in January to over $4 billion in July. However, sales grew from $4.01 billi...

In order to succeed on the Net, major music labels must quit fighting the digital music revolution and implement their own digital distribution model to support single-track purchases, according to a report released Thursday by the Gartner Group With the days of consumers being willing to purchase an entire CD for one or two tracks now gone, the St...

E-marketplaces are not safe from the current dot-com shakeout that has seen numerous e-tailers fold and others merge, according to a report released Thursday by Forrester Research According to the report, the recent enthusiasm for online markets has created an "unsustainable profusion" of business-to-business (B2B) sites.

The U.S. Securities and Exchange Commission (SEC) announced Wednesday that it has taken action against three men it says fraudulently sold securities in a phony online art gallery and jewelry store The three men -- Russell Rapoport, 26, of Manhattan, and brothers Edward Landenbaum, 28, and Igor Landenbaum, 38, both of Brooklyn, New York -- were cha...

New research released Wednesday by Jupiter Communications predicts that in five years, every Internet user will be exposed to more than 950 marketing messages every day. The report also predicts that $16.5 billion (US$) will be spent on online marketing by 2005 The advertising sprawl means that marketers will have to diversify their use of online t...

Online wine retailers Wine.com and WineShopper.com announced Tuesday that they will merge and operate a redesigned site at the Wine.com address Bill Newlands, president and chief executive officer of Wine.com, will serve as CEO of the new company. Hank Lambert, president and chief operating officer of WineShopper.com, will retain those titles, and ...

Hundreds of would-be satellite TV thieves who logged onto the Web to buy counterfeit satellite access cards instead bought themselves a whole lot of trouble, because the site was operated by the U.S. Customs Service as part of a sting operation Customs and the Department of Justice announced Tuesday that the 22-month sting, dubbed Operation Smartca...

A French arbitrator has split up Arthur Andersen and Andersen Consulting, the dueling children of parent company Andersen Worldwide Under the arbitrator's decision, Arthur Andersen can claim approximately $1 billion (US$) of Andersen Consulting's money that has been held in escrow since the case entered arbitration in December 1997. However, Anders...

The Internet will be a driving force in both the new and used vehicle market over the next five years, according to a study released Monday by New York-based research firm Jupiter Communications According to the study, online-direct and online-influenced new vehicle sales will exceed $128 billion (US$) in the U.S. by 2004. However, reaching these s...

Further fueling the ongoing business-to-business (B2B) frenzy, Citigroup (NYSE: C) and several financial and technology companies announced a joint e-commerce venture Monday that they say will consolidate online payments and simplify e-commerce banking According to Citigroup, Enron Broadband Services (NYSE: ENE), i2 Technologies (Nasdaq: ITWO), S1 ...

E-commerce bellwether Amazon (Nasdaq: AMZN) is restructuring some deals with certain partners in its Amazon Commerce Network (ACN), according to a quarterly report filed with the U.S. Securities and Exchange Commission (SEC) Recognized revenue from ACN agreements was reduced by a total of $2.9 million (US$) for the quarter ended June 30th, as a res...

Toysrus.com violated its own privacy policy by providing marketers access to its customer data, according to a charge leveled against the online toy seller in a class action suit filed July 28th in a San Francisco federal court Notably, the plaintiffs are not Toysrus.com's only accusers. Interhack, a Columbus, Ohio, developer of online security and...

Mafiaboy, the 16 year-old Montreal teenager who Canadian police say unleashed denial-of-service (DoS) attacks on major Web sites earlier this year, was back in court Thursday to face 64 new charges related to his alleged cyber mischief The teen, who cannot be named under the Canadian Young Offenders Act, appeared briefly in youth court and pleaded ...