Articles by Los Angeles Newsroom

Name-your-price pioneer priceline.com and NextCard announced yesterday that they will begin offering consumers a customized, name-your-own-terms credit card in the second quarter of this year Under the exclusive agreement, NextCard, which issues MasterCard and Visa credit cards online, will pay priceline a fee when a customer applies for a card. As...

The E-Commerce Times has added shopping portal ShopNow.com (Nasdaq: SPNW) to its "Top 10" Stock Index, a feature that tracks the stock prices for 10 public companies that represent the e-commerce industry The E-Commerce Times Index presents a daily snapshot of how e-commerce companies are performing in the market at any point in time. Today, for ex...

Verio, Inc. is one of the world's largest Web-hosting company and a leading provider of e-business solutions. With an emphasis on serving the small and mid-sized business market, Verio offers a broad range of Internet solutions such as high-speed Internet access, Web hosting, e-commerce solutions, virtual private networks and other enhanced services...

As part of the new Amazon.com Anywhere initiative, Amazon.com (Nasdaq: AMZN) and nationwide digital wireless phone network Sprint PCS (NYSE: PCS) announced today that owners of Internet-enabled Sprint PCS phones can now shop at Amazon.com without a computer Customers are able to shop online by choosing Amazon.com from their Sprint PCS phone's MiniB...

The U.S. Federal Communications Commission (FCC) gave Internet surfers a shot in the arm yesterday by voting to require major local phone companies to share their lines with data carriers The move is designed to hasten the spread of high-speed Internet access into the consumer market by making access to Digital Subscriber Lines (DSL) more affordabl...

According to published reports today, Japanese Internet investment company Softbank is planning to acquire an insolvent Japanese bank and turn it into the hub of an online financial services community Citing unnamed company executives, Asahi, the Japanese daily newspaper, reported that Softbank -- a $45 billion (US$) Internet incubator with an inte...

America Online's AOL Foundation announced the launch today of Helping.org, a new philanthropy portal that is designed to provide an easy and cost-effective way for Americans to donate money or time to a wide range of charitable organizations Calling it the most comprehensive philanthropy portal on the Internet, the AOL Foundation said that the non-...

American Online, Inc. is attempting to ensure European Internet supremacy by mounting a two-pronged attack against English and German competitors On Tuesday, AOL and German media giant Bertelsmann AG will launch Netscape Online, which will offer free Internet service in Britain. The move is designed to neutralize Freeserve, whose free service has g...

While Wall Street continues to take a wait-and-see approach about the potential merger of USA Networks (Nasdaq: USAI) and Lycos (Nasdaq: LCOS), USA Networks is busy adding to its e-commerce arsenal. USA Networks announced today that it has agreed to purchase the privately held Hotel Reservation Network, a leading worldwide provider of discount hotel accommodations via the Internet...

In a move to expand its recently launched Auctions service, Amazon.com (Nasdaq: AMZN) has agreed to purchase LiveBid.com, which produces Internet-based auction software. LiveBid's technology enables brick-and-mortar auction houses to "broadcast" their auctions simultaneously over the Internet, and for online bidders to participate in the offline auctions. According to Amazon, LiveBid's software is the only one of its kind...

A new survey of U.S. consumers conducted by Market Facts, Inc. reveals that privacy and security concerns still top the list of issues for Internet shoppers. The good news for online retailers is that these concerns are, by no means, a barrier to the explosive growth of consumer-driven e-commerce While the general issues covered by the survey confi...

Hewlett-Packard (NYSE: HWP) and BEA Systems Inc. (Nasdaq: BEAS) announced on Wednesday a broad strategic alliance as part of HP's e-services initiative. Reportedly, the purpose of this alliance is to provide HP's and BEA's customers with a complete software infrastructure for building reliable, high-performance e-commerce solutions and integrating enterprise applications...

The United States remains the world's dominant information economy, but smaller nations, such as Singapore, are progressing more quickly than traditional industrial countries such as the United Kingdom, France, and Japan, according to the 1999 IDC/World Times Information Society Index (ISI) The study tracked data from 55 countries that collectively...

Wall Street applauded on Thursday when online software retailer Beyond.com (Nasdaq: BYND) completed its acquisition of privately held competitor BuyDirect.com. Shares of Beyond.com rocketed 29 percent on Thursday, closing up 7-5/8 to 29-1/2 Beyond.com's purchase of BuyDirect.com is valued at approximately $123 million (US$). As Beyond.com has gaine...

1-800-U.S.Search announced Wednesday that it has been selected as the exclusive public record reseller on the Lycos (Nasdaq: LCOS) Network, which includes Lycos, Tripod, Angelfire, WhoWhere and MailCity 1-800-U.S.Search, which is owned by entertainment company Kushner-Locke (Nasdaq: KLOC), said that the two-year advertising and promotion agreement ...

In a two-day span, Canadian jewelry manufacturer and distributor D.G. Jewellery (Nasdaq: DGJL) has established a major auction presence -- on two competing Web sites: uBid (Nasdaq: UBID) and Amazon.com (Nasdaq: AMZN) On Tuesday, D.G. Jewellery announced that it was selected as the exclusive supplier for the new jewelry auction boutique on uBid. Pro...

In a two-day span, Canadian jewelry manufacturer and distributor D.G. Jewellery (Nasdaq: DGJL) has established a major auction presence -- on two competing Web sites: uBid (Nasdaq: UBID) and Amazon.com (Nasdaq: AMZN) On Tuesday, D.G. Jewellery announced that it was selected as the exclusive supplier for the new jewelry auction boutique on uBid. Pro...

Wit Capital seems poised to become an online trading powerhouse. The online investment bank announced Monday that Goldman Sachs will make a minority equity investment in Wit Capital Goldman Sachs will purchase stock and warrants representing approximately 22% of Wit Capital's outstanding common stock without including shares that will be issued in ...

CyberSource Corporation, a provider of e-commerce transaction services, announced this week that has enhanced its eTransaction SuiteSM to include the Internet's first real-time delivery address verification service The new capability enables web merchants to reduce losses due to shipping address errors, which could exceed $135 million (US$) this ye...

PaymentNet Inc., an industry leader in outsourced e-commerce payment processing, announced that it has signed an agreement with EC Direct, under which the Web e-commerce services company will incorporate PaymentNet's enterprise-class payment processing services into its EConductorTM service offering EC Direct currently names NBC, Audio Highway, U.S