Articles by Lori Enos

According to data from Framingham, Massachusetts-based research firm IDC, online jewelry sales will grow from $77 million (US$) in 1999 to over $1 billion in 2004 and outpace the growth of consumer e-commerce as a whole The report, "A Diamond in the Rough: U.S. Online Fine Jewelry Market Forecast and Analysis, 1999-2004," says several factors are c...

The "Global New E-Economy Index," a cyber atlas that maps the technological vitality of 47 nations based on five digital economy factors, was published Tuesday by IT research firm Meta Group According to study author Howard Rubin, Ph.D., "Traditional, industrial-age measures of production and performance have lost relevance in the information age.

Despite the recent decline in venture capital funding for Internet companies, North American e-tail sales will exceed $29.3 billion (US$) in 2000, according to new research from Gartner Group This figure represents an increase of 75 percent over 1999's $16.8 billion in online sales, which were up 157 percent from 1998 sales.

European Web shoppers will spend more money online for groceries than their American counterparts by 2003, according to a study released Monday by Forrester Research Titled "Online Grocers Diversify," the report predicts that Web grocery shopping in Europe will be $51 billion (US$) -- or five percent of Europe's total grocery sales -- by 2005.

According to data from IT research firm IDC, U.S. sales of pharmaceutical, health, and beauty products over the Internet will boom from less than $250 million (US$) in 1999 to more than $18 billion in 2004 The study, "U.S. Online Prescription and Nonprescription Pharmaceutical, Health, and Beauty Market: Forecast and Analysis," predicts that the ma...

Clearing the way for a mega-merger that could radically change the high-tech landscape, stockholders of Time Warner (NYSE: TWX) and America Online (NYSE: AOL) voted overwhelmingly in favor of the pending deal Friday at separate shareholder meetings Although the merger faces opposition that could delay approval from federal regulators, the companies...

Japan's largest convenience store, Seven-Eleven Japan Co Ltd, announced Thursday that it will launch an e-commerce Web site called 7dream.com on July 1st The company said that 7dream.com shoppers will be able to browse through over 100,000 items, including music, flowers, and photo supplies, place their orders online, and then go to their local 24-...

Over 30 leading technology companies, privacy advocates, and other organizations gathered in New York City Wednesday to demonstrate implementations of a new privacy platform from the World Wide Web Consortium (W3C) The Platform for Privacy Preferences Project (P3P) allows Web sites to express their privacy practices in a standard format that can be...

Microsoft (Nasdaq: MSFT), Compaq Computer Corp. (NYSE: CPQ), and Intel (Nasdaq: INTC) announced Tuesday that they are teaming with San Francisco, California-based Digital Island to build a streaming video network The companies say that the network will provide broadcast-scale streaming media for the first time over the Internet, with a reach "rough...

New research by Cambridge, Massachusetts-based Forrester Research shows that American millionaires use the Internet more than their less affluent neighbors and are more likely to purchase just about anything online The study, "The Millionaire Online," debunks the widely-held perception among high-end retailers and manufacturers that affluent Americ...

Significantly changing the lay of the land for AOL Time Warner, Vivendi, Seagram and Canal+ have agreed to merge in a $34 billion (US$) all-stock deal The new Paris-based company, called Vivendi Universal, will combine the Canada-based Seagram's entertainment interests -- which include Universal Pictures and the Universal Music Group -- with Vivend...

A report released Monday projects that online global advertising will swell from $4.3 billion (US$) last year to $28 billion by 2005, but that many companies are unprepared to take advantage of the surge Internet and e-commerce research firm Jupiter Communications, Inc. (Nasdaq: JPTR) said that almost six percent of all global advertising revenue w...

Speaking before the American Antitrust Institute Conference in Washington, D.C. on Thursday, U.S. Federal Trade Commission (FTC) Chairman Robert Pitofsky said that government enforcement of antitrust laws in the high-tech sector is critical to continued economic growth In opposition to the view that the U.S. government should adopt a hands-off poli...

In what is being labeled as the largest securities fraud crackdown ever undertaken, U.S. federal authorities have charged members of organized crime families and others in a wide-ranging scheme that included fraudulently promoting stocks on Web sites and falsely touting companies as "dot-coms." Federal indictments were handed down in New York City ...

Pets.com (Nasdaq: IPET) announced Tuesday that it has entered into an agreement to acquire key assets and strategic relationships of privately held competitor Petstore.com Pets.com said the move will allow it to solidify its already strong position in the online pet market, which is crowded with such similarly named stores as Petsmart.com, Petopia....

A new study released Monday by the Boston Consulting Group (BCG) shows that Canadians actively browse e-commerce Web sites but are reluctant to spend money online The study, "Winning the Online Consumer in Canada," found that a similar percentage of Canadian and American Internet users shop on the Web, but only 43 percent of Canadian Net surfers ha...

The Recording Industry Association of America (RIAA) asked a federal court judge Monday to issue an injunction to prevent music swap site Napster from "facilitating or assisting others in the copying, downloading, uploading, transmission or distribution of copyrighted musical works." The RIAA filed the motion in U.S. District Court in San Francisco...

eToys (Nasdaq:ETYS) announced Monday that it has purchased selected assets of eParties American, an online party planning and supplies site, for $1.6 million (US$) in eToys common stock The Santa Monica, California-based eToys said it is buying the eParties name and its customization software, and plans to open a party store on its Web site later t...

Andersen Consulting announced Thursday that it is partnering with the state of North Carolina and Yahoo! to develop a Web portal called North Carolina@Your Service The site will provide the state's citizens, businesses and employees with access to government services and a gateway to the Web.

MP3.com (Nasdaq: MPPP) announced Friday that it has reached separate settlements in its copyright infringement disputes with Bertelsmann AG's BMG Music and Time Warner's Warner Music Group. The settlements will allow music from the labels to stay on the online music provider's site The two complainants -- along with Sony Music Entertainment, Seagra...