Articles by Michael Mahoney

Results 21-40 of 185 for Michael Mahoney

Sale Boosts Sales 71 Percent, Travelocity Reports

A one-day airfare sale helped increase sales more than 70 percent at Travelocity.com (Nasdaq: TVLY), the travel site said Monday. Data released by the site and e-commerce infrastructure provider comScore Networks found that while the fare discounts on American Airlines (NYSE: AMR) tickets led to a 19 percent drop in prices, it also prompted a 71 p...

CareerBuilder Spends $200M To Go Headhunting After Monster.com

The quest to be No. 1 in the online job recruitment space is now essentially a two-party race. The corporate backers of CareerBuilder announced Friday that they are acquiring job site Headhunter.net (Nasdaq: HHNT) in a direct attempt to dethrone the current online job leader, Monster.com.

NCAA Files Cybersquatting Suit

For the fourth time this year, the National Collegiate Athletic Association has filed a cybersquatting lawsuit accusing an Internet company of unauthorized use of NCAA trademarks According to the NCAA suit, Phoenix, Arizona-based Desire, Inc. used the NCAA-registered trademark "Final Four" in at least 10 different domain names for sites selling NCA...

PC Connection's Purchase of Outpost.com in Jeopardy

The acquisition of online electronics retailer Outpost.comis in jeopardy, according to a statement issued Wednesday by Outpost's potential buyer, PC Connection According to PC Connection, if Outpost is unable to meet the net-worth condition set in the merger agreement, PC Connection will void the deal. And Outpost recently told PC Connection that ...

Report: Consumers Spend Nearly $4B Online in July

Waking up from a summertime slumber, online spending increased approximately 25 percent in July, rising to US$3.98 billion from $3.2 billion in June, according to the latest Forrester Online Retail Index, released Wednesday In addition, the number of households shopping online increased to 14.7million in July from 13.1 million in June, the report s...

E-Biz Provider FairMarket Lays Off 35 Percent

E-business marketplace provider FairMarket (Nasdaq: FAIM) announced Wednesday that it is laying off 38 employees -- 35 percent of its workforce -- due to "continuing trends in the e-business marketplace." Company spokesperson Janet Smith told the E-Commerce Times that the job cuts "came across all functional areas." Severance packages were based on...

Online Grocers Check Out of Cities, Into Wealthy Neighborhoods

Pop quiz: How many of the 10 most populous U.S. cities, according to the U.S. Census Bureau, have a national online grocer at their disposal that will deliver both perishables and non-perishables? The answer is five: New York, Los Angeles, Chicago, Houston and San Diego (*correction).

Report: Variety of Access Methods Keys UK Internet Growth

Over 33 million people in the UK, or 60 percent of the region's population, ventured online between April and June, according to a report released Monday by Jupiter MMXI. The number of "heavy users" is also on the rise in UK, with over 11 million people accessing the Internet more than three times a week. However, it is the manner in which people...

VeriSign Targets Small Biz with E-Commerce Security Package

Web infrastructure services provider VeriSign said Monday it is offering a new Shared Hosting Security Service aimed at helping small and mid-size businesses (SMBs) receive the kind of e-commerce security previouslyreserved for much larger companies The new offering will provide customers of SMB sites with a VeriSign seal that authenticates its Web...

Report: U.S. Businesses Fail 'Safe Harbor' Data Privacy Test

Multinational companies based in the U.S. have a long way to go to ensure the privacy of customer data, particularly data transferred via the Internet, according to a study released Thursday by Andersen. "The reality of today's global economy, especially the use of the Internet as a channel for conducting business, has amplified the need to focus ...

Egghead Files for Bankruptcy, Sells Assets

Egghead.com announced Wednesday that it is selling its assets to Silicon Valley-based brick-and-mortar retail chain Fry's Electronics as part of a Chapter 11 bankruptcy filing. The Egghead Web site will remain open for business until the assets sale is complete, the company said. Fry's, which does not currently offer an online store, is expected ...

Report: European Advertisers Undervalue I-Marketing

U.S. Internet businesses are not the only ones experiencing a slowdown in the online advertising market, according to a survey released Tuesday by Jupiter MMXI Jupiter found that 42 percent of European advertisers plan to spend only 1 to 5 percent of their entire 2001 advertising budgets online. Jupiter said that those companies might be overly pes...

Yahoo! Gets Backing in Nazi Memorabilia Case

In a significant show of support for Web portal Yahoo! (Nasdaq: YHOO), which faces ongoing litigation over the sale of Nazi-related items in France via its U.S.-based Web site, several prominent Internet industry associations and business organizations have filed a "friend of the court" brief on behalf of Yahoo! in U.S. District Court The brief arg...

Red Hat To Offer Open-Source E-Commerce Suite

Linux distributor Red Hat (Nasdaq: RHAT) is set to launch a new e-commerce suite built on an open-source platform, the company told the E-Commerce Times Friday. The new product, called simply Red Hat E-Commerce Suite, is aimed at mid-size businesses that want to expand their e-commerce platform to support more transactions, enable more complex me...

Net Loss for WebMD Drops Below $1B in Q2

Online health care firm WebMD (Nasdaq: HLTH) said Thursday that its losses for the second quarter ending June 30th narrowed to 7 U.S. cents per share, compared to a loss of 9 cents per share in this year's first quarter. WebMD's second-quarter loss of $23.8 million, excluding restructuring, integration and non-cash expenses, was enough to meet Wa...

The Internet Travel Wars - Fight or Flight?

Is the online travel market big enough to comfortably feed three of its giants -- Expedia (Nasdaq: EXPE),Travelocity (Nasdaq: TVLY) and Orbitz -- at the same time? According to Forrester Research, 18.9 million households will make their travel purchases on the Web this year, netting US$16.7 billion in leisure travel revenues. That'll buy a lot of p...

Rising B2B Player DoveBid Adds to Nest

Online industrial auction specialist DoveBid said Tuesday it has acquired the capital asset disposition firm TradeOut as part of an aggressive effort to expand DoveBid's business-to-business (B2B) offerings. The TradeOut purchase is DoveBid's 15th acquisition in the past two years "Clearly, there are a lot of B2B e-commerce business models that nev...

Cheap Tickets To Close Offline Stores Amid Flattening Profits

Cheap Tickets (Nasdaq: CTIX), which sells travel tickets through retail outlets, over the Internet and by phone, reported a profitThursday for the tenth consecutive quarter, announcing diluted net income for the second quarter ended June 30th of 5 U.S. cents per share. However, the quarter did not provide a perfect landing for Cheap Tickets. The c...

I-Marketing Interview: Sun Microsystems

As one of the Internet's largest providers of hardware and software, Sun Microsystems (Nasdaq: SUNW) helps customers "dot-com" their enterprises and computer environments. Since the company's inception in 1982, the four-person startup has built up a workforce of more than 37,000 employees in 170 countries, and a pro forma net income of US$1.45 billion for the fiscal year 2001...

I-Marketing Interview: Sun Microsystems (Part 2)

Scott Anderson, Sun's director of eMarketing, recently talked with the E-Commerce Times about how Sun's online marketing efforts leverage the company's vision of technology working for the consumer, rather than the other way around. To return to Part 1 of the interview, please click here....

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