Articles by Michael Mahoney

IBM (NYSE: IBM) said Thursday it is now offering over 30 new Web hosting packages aimed primarily at the small-to-medium business market. The fully-managed programs provide pre-packaged, ready-to-operate services for both e-commerce security and infrastructure, the company said....

Aiming to expand its business with other travel suppliers, Expedia.com (Nasdaq: EXPE) announced Wednesday that it has launched the Worldwide Travel Exchange (WWTE), a private booking operation that will provide wholesale travel services. At the outset, WWTE will offer travel suppliers hotel and car rentals, with both negotiated and published rate ...

Drugstore.com (Nasdaq: DSCM) on Tuesday reported a narrower than expected loss for the second quarter of 2001 tobeat Wall Street estimates by 6 U.S. cents The company posted a pro forma net loss in the latest quarter of $16.8 million, or 25 cents per share, excluding one-time charges....

Online business-to-consumer (B2C) e-commerce will continue its struggle to take hold in Central Europe, while business-to-business (B2B) e-commerce will see a much more robust growth in the region, the European branch of research firm IDC told the E-Commerce Times on Wednesday According to a new IDC report, total e-commerce revenues for Central Eur...

In an effort to stay focused on selling its core technology products, Egghead.com (Nasdaq: EGGS) is handing over the reins to the auction portion of its online electronics store Egghead will now pay dynamic pricing services provider FairMarket (Nasdaq: FAIM), which has lost several major clients over the past few months, including Microsoft, to hos...

Remember when e-commerce used to be about the technology? Never mind profitability ratios or shakeouts. In the beginning, it was all about the high-tech novelty of shopping online, the excitement of the "never before." Isn't that why we started paying attention in the first place? However, the first wave of e-commerce companies found out the hard w...

Online payment service PayPal is at the center of two controversies, including a new lawsuit filed by NoBidding, the owner of auction site Bidville.com The lawsuit accuses PayPal of reneging on an agreement made in December to provide Bidville -- formerly known as AuxPal -- with its payment services. The suit also alleges that PayPal sent libelous ...

Despite a net loss of 9 U.S. cents per share over the second quarter of 2001, Yahoo!(Nasdaq: YHOO) gained a minor victory in front of Wall Street on Wednesday, with the announcement that its pro-forma net income for the quarter was a penny per share Analysts had expected the portal giant to report breakeven earnings forthe quarter just ended, down ...

Online auto classifieds siteAutoTrader.com said Tuesday that it has inked a deal to host the used automobile search platform of FordDirect.com, the Internet venture of participating Ford dealers and Ford Motor Company (NYSE: F) Under the new alliance, FordDirect car dealers will now have their used car inventories available to consumers on both For...

Analysts disagree on whether Monday's announcement by CBS MarketWatch --that the financialWeb site will stop providing its clients with click-through rate information in itsadvertising reports -- will cause the e-commerce industry to break free of theclick-through status quo In a direct shot at the industry's most popular and controversial online a...

It is not likely that the founders of the Internet ever imagined all their hard work would lead to an online bidding war for bullet casings from the set of "MissionImpossible 2." However, thanks to a live TV and Internet auction being put on by cable channel American Movie Classics (AMC) and Ibidlive on July 12th, that is exactly what's happening....

A controversial free shipping offer that generated significant customer backlash has been pulled by Amazon.com (Nasdaq: AMZN) after two weeks The offer, which promised visitors free shipping when they bought two or more items, in any combination, from the e-tailer's book, music, DVD or video stores, was part of a test run that was scheduled to end ...

The self-proclaimed "Saint of E-Commerce," a 19-year-old Welsh teenage hacker named Raphael Gray, was sentenced Friday in a Wales court to threeyears of psychiatric and community service rehabilitation for posting thehacked credit card details of thousands of people to the Web, according to reports in the London Register Gray, who also went by the ...

Amazon.com (Nasdaq: AMZN) expanded its reach into brick-and-mortar stores overseas with its announcement Wednesday that its British arm, Amazon.co.uk, has teamed up with European mobile phone provider Carphone Warehouse to offer customers pre-paid phones online. According to Carphone Warehouse, the deal is the first brick-and-mortar partnership fo...

There's a case brewing in Louisiana that mayblow the lid off virtual casinos everywhere The U.S. Department of Justicemaintains that online gambling of all types is illegal inthe United States under the 1961 Wire Act -- andhas been successful in prosecuting Internetgamblers and bookies under that law....

Shareholders at the annual meeting for urban delivery e-tailer Webvan (Nasdaq: WBVN) approved a reverse stock split Friday, in an attempt to get the value of company shares over the US$1 minimum required by the Nasdaq. Webvan said it received a letter from the Nasdaq Listing Panel requiring that Webvan implement the approved exchange, of one share...

Yahoo! (Nasdaq: YHOO) continued its ongoing transformation into a full-fledged media company with the announcement Thursday that it is acquiring online music provider Launch Media (Nasdaq: LAUN) for approximately US$12 million Webnoize director of research Lee Black told the E-Commerce Times that the deal will likely benefit both companies....

The U.S. Federal Trade Commission (FTC) and the Department of Commerce released a report Wednesday recommending that Congress take no action to amend the digital signature law, also known as the Electronic Signature in Global & National Commerce Act (ESIGN), which was signed by President Bill Clinton a year ago. "It is reasonable to conclude that,...

U.S. Congressional lawmakers in the House Energy and Commerce Committee are calling upon some of the Internet's biggest e-tailers to help prevent online auction fraud In a letter sent to Web giants Amazon.com (Nasdaq: AMZN), Yahoo! (Nasdaq: YHOO) and eBay (Nasdaq: EBAY) on Monday, committee chairman Billy Tauzin (R-Louisiana) asked the chief execut...

The Consumers' Association, a British advocacy group that campaigns to increase online security, said Friday that it suffered a security breach in its TaxCalcsoftware site that left the credit-card information of nearly 3,000customers exposed to unauthorized third parties The security flaw affected customers who purchased a copy of theAssociation's...