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Professional services giant PricewaterhouseCoopers is teaming with Informatica (NASDAQ: INFA) to jointly develop, sell, and support analytic solutions for the business-to-business (B2B) e-commerce market. As part of the deal, PricewaterhouseCoopers will receive a $30 million (US$) equity stake in Informatica The companies say the alliance will help...
Just days after the landmark antitrust ruling was handed down against Microsoft Corp., the U.S. Federal Trade Commission (FTC) and the Department of Justice (DOJ) have issued joint guidelines for companies that seek to collaborate with competitors on the Internet The guidelines were issued Friday amid recent rumblings that new online alliances in t...
A new report from Morgan Stanley Dean Witter declares that with the B2B infrastructure up and running, technology can now be viewed as a way of doing business, rather than a cost Echoing earlier reports, "The B2B Internet Report -- Collaborative Commerce" says that companies will use centralized online markets to create "e-hubs" to synchronize oper...
Asian companies are fueling an economy driven by e-commerce with U.S. dollars, according to a new report, "U.S. Investment in Asian Real Estate 2000," by Ernst & Young The report states that U.S. investors dumped $20 billion (US$) into Asian non-performing loans and distressed assets over the last 18 months. However, not all of the money went direc...
Embattled online grocer Peapod, Inc. (NASDAQ: PPOD) might not be out of the running yet. The company is reportedly trying to raise cash from an unidentified source and is investigating whether it can recover a $2.5 million loan to ex-CEO William Malloy The company has been smarting in recent days from a series of setbacks: the abrupt resignation of...
Continuing the government crackdown on cyberscam artists and drug traffickers, the U.S. Federal Trade Commission (FTC) announced Wednesday that it has reached settlements with three Internet companies that were falsely advertising cures for everything from AIDS to cancer "The promotions for these supplements as 'miracle' cures are really reprehensi...
International consulting firm Arthur Andersen announced Tuesday that it is working with govWorks, Inc., a U.S. government Web portal, to create a suite of tools that will reduce bureaucratic delays in business-to-government (B2G) transactions The new system will handle tax payments, environmental impact and other regulatory filings, permitting and ...
The United States Postal Service (USPS) has announced an agreement with CheckFree Holdings Corp. (Nasdaq: CKFR) to provide electronic billing and payment services to customers through its USPS.com Internet portal Effective immediately, customers who sign up for the Postal Service's e-commerce site can use the eBillPay service to make payments to an...
The state of New Jersey has filed suit against eight online pharmacies located in Pittsburgh, Pennsylvania; Miami and Miami Beach, Florida; Seattle, Washington; Phoenix, Arizona and San Antonio, Texas, accusing them of selling such prescription medicines as Viagra, Propecia, and Xenical without a license New Jersey's Consumer Fraud Act requires pha...
In a case that could have widespread implications for the future of Internet competition, a federal judge has ruled that online companies can legally provide links to rival Web sites At issue was whether startup Tickets.com, Inc. had a legal right to link its site to pages deeply embedded within the site of its chief competitor, Ticketmaster.com. T...
Interactive entertainment heavyweights Sega America, Electronic Arts (Nasdaq:ERTS) and Nintendo of America have filed a joint lawsuit against Yahoo! in San Francisco federal court, alleging that illegal and counterfeit games are being auctioned on the site The suit charges Yahoo! with copyright and trademark infringement, offering illegal devices f...
While e-commerce has managed to make the world a smaller place, bring convenience and value to shoppers, and boost economic indicators into the stratosphere, it has also spawned a dark underbelly where drug abusers can purchase illegal substances with just a few clicks of the mouse Currently, online drug transactions are taking place in increasing ...
The Federal Bureau of Investigation (FBI) announced Friday that two Welsh teenagers have been arrested for allegedly hacking into 11 e-commerce sites and stealing information on more than 26,000 credit card accounts. Losses in the case could exceed $3 million (US$) Raphael Gray, 18, and another unnamed teenager are being charged under the United Ki...
In an effort to consolidate its position in the hotly-contested online auction market, Internet powerhouse Yahoo! (Nasdaq:YHOO) announced Thursday that it has acquired e-commerce payment service provider Arthas.com, Inc The acquisition of Arthas, which operates DotBank.com, will allow Yahoo!'s 120 million users to forgo the use of such outside serv...
Just days after unsubstantiated rumors of a Yahoo!-eBay merger played havoc with investors, Financial Times writer William Lewis is reporting that the two Internet powerhouses are indeed pursuing a blockbuster deal Last week, CNBC reported rumors that the two companies were in merger talks, triggering a rush in after-hours investing that drove eBay...
Victims of identity fraud got a high-profile spokesperson this week when veteran actor Jerry Orbach, best known as detective Lennie Briscoe on NBC's "Law and Order," sued online auctioneer eBay for posting his social security number on the Web The suit, filed in Manhattan federal court, alleges that eBay violated Orbach's rights when the site began...
Online grocer Peapod, Inc. (Nasdaq: PPOD), which recently lost its CEO and $120 million (US$) in funding, was slammed with a class action lawsuit Monday over claims that misleading statements artificially inflated the company's stock price The suit -- filed in federal court in Chicago, Illinois by the New York law firms Abbey, Gardy & Squitieri and...
Cybercrime is booming right along with e-commerce, according to a report released Wednesday by the Computer Security Institute The study, which was conducted in partnership with the Federal Bureau of Investigation (FBI) Computer Intrusion Squad, showed that over 90 percent of respondents had detected cyber attacks. Stunningly, a total of $266 milli...
According to venerable information resource Consumer Reports, auto sales over the Internet are fraught with pitfalls, problems and overhype Consumer Reports recruited 1,056 online test shoppers nationwide to request quotes for six different vehicles from Autobytel, AutoWeb, AutoVantage, Cars.com, and CarPoint. The cars, all equipped with common opt...
Do marketers have the right to flood the e-mail boxes of unsuspecting Internet users with unwanted e-mail, otherwise known as spam? One Washington state judge has effectively said yes -- and has sparked an instant debate about the constitutionality of laws that limit the use of spam Last Friday, King County Superior Court Judge Palmer Robinson thre...

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