Articles by Nora Macaluso

Retailers in Europe are not taking advantage of a growing market fortelevision-based commerce, according to a report released Friday by Gartner (NYSE: IT) Though 35 percent of digital television subscribers in the United Kingdom alone haveinteractive TV, most either are unaware the service is included in theirbills or have not taken the trouble to ...

Internet powerhouse Yahoo! (Nasdaq: YHOO) reported better-than-expected results for the quarter ended in December, and said its long-time president, Jeff Mallett, will step down in April. Revenue for the quarter fell to US$188.9 million from $310.9 million in the same quarter last year and the net loss narrowed to $8.7 million, the company said Wednesday.

The market for online music is not doing as well as analysts atJupiter Media Metrix (Nasdaq: JMXI) hadthought six months ago, said the firm, which on Tuesday lowered its outlookfor the industry. Reasons for the downward revision included a weak economy and delayed launches of new subscription products....

Upping the e-commerce stakes in the competitive fast-food business, pizza chain Papa John's (Nasdaq: PZZA) said Tuesday it is making online ordering available at all its free-standing restaurants across the United States The Louisville, Kentucky-based restaurant said it is the first pizza chain in the U.S. to offer online ordering throughout its en...

AOL Time Warner (Nasdaq: AOL) late Monday lowered its earnings forecast for the quarter just ended and issued a bleak outlook for the current year. Results will include a first-quarter charge of up to US$60 billion to cover the declining value of Internet stocks since the media giant was formed last year AOL said the one-time accounting charge was ...

Travelocity (Nasdaq: TVLY) on Thursday lowered its outlook for fourth-quarter revenue, sayingairline ticket sales in December were slower than expected The Fort Worth, Texas-based online travel company said revenue for the quarterended December 31st will total about US$68 million, about 9 percent belowprevious guidance, but up from $65 million in t...

Homestore.com (Nasdaq: HOMS), the dominant online real estate company, overstated revenue for the first threequarters of last year, possibly by as much as US$95 million, according topreliminary results of an internal audit of company accounting practices Homestore said late Wednesday that accounting errors involving onlineadvertising revenue result...

Telecommunications provider SBCCommunications (NYSE: SBC) will acquire a 3 percent stake in Yahoo! (Nasdaq: YHOO) by purchasing shares from Japanese investor Softbank, the companies said late Thursday Softbank will continue to own more than 16 percent of Yahoo! and willremain the Internet company's largest shareholder, said Ron Fisher, vicechairman...

The number of visitors to Internet shopping sites for the week ended December 16th is running 55 percent ahead of the same week last year, according to a study released Thursday by Jupiter MediaMetrix (Nasdaq: JMXI) "The growth trajectory increased each week during the first four weeks ofthis year's holiday shopping period, which is in marked contr...

The PC will not be successful as a hub for watching interactive video, and business ventures based on selling movies over the Internet are destined to fizzle out before they begin, according to a Jupiter Media Metrix (Nasdaq: JMXI) study released Thursday Only 11 percent of consumers surveyed by Jupiter said they would beinterested in viewing movie...

Name-your-price e-tailer Priceline.com (Nasdaq: PCLN) received a boost late Monday when America Online (NYSE: AOL) agreed to feature the company's travel products on AOL's popular Web sites Priceline shares jumped in after-hours trading and continued to rise early Tuesday, climbing 61 U.S. cents, or nearly 11 percent, to $6.18....

Technology giant Microsoft (Nasdaq: MSFT) and Bank One (NYSE: ONE), the sixth-largest bank in the United States, said Friday they forged a US$30 millionalliance to promote and develop online services As part of the three-year agreement, Bank One plans to use a variety of Microsoft offerings, including its nascent .NET technology. The pact focuses l...

A bidding war for online job site HotJobs (Nasdaq: HOTJ) broke out late Wednesday, when Internet portal Yahoo!(Nasdaq: YHOO) said it offered US$436 million in cash and stock to buy thecompany, which in June agreed to be acquired by TMP Worldwide (Nasdaq: TMPW), the parent of rival firm Monster.com Yahoo! said it is offering $10.50 per share in cash...

Internet incubator CMGI (Nasdaq: CMGI) reported narrower operating and net losses for the first quarter ended October 31st, thoughrevenue slipped from a year earlier The Andover, Massachusetts holding company also late Tuesday restated results for fiscal 2001 to correct "inadvertent errors made in the calculation of some non-cash items." ...

Online marketplaces and other exchanges that want to grow are looking beyond the initial transaction process and anticipating the needs of customers and users, said a new study from Aberdeen Group The report, released Tuesday, said the best performing "process nets" are those that work hard to involve everyone in the supply chain.

Online financial services company E*Trade (NYSE: ET) on Friday raised its outlook for next year's income and said it will buy back 20 million of itscommon shares from Internet investor Softbank "We're just increasingly optimistic about our earnings moving forward," E*Trade spokesman John Metaxas told the E-Commerce Times.

Homestore.com (Nasdaq: HOMS), the dominant online real estate company, said Thursday that chief financial officer Joseph Shew is leaving the company for "personal reasons." Homestore said that a search is underway for a new CFO. Shew, who joined the company in 1998as controller, was subsequently promoted to vice president of finance and became CFO ...

As technology advances and American consumers have more ways to connect to the Internet, e-commerce will shift away from the personal computer and toward a range of devices, with different technologies being used for different purposes, according to a report issued Wednesday by Gartner (NYSE: IT) E-tailers and technology companies, the report said,...

Online shoppers concerned about credit-card fraud can sign up for addedsecurity under a program introduced Monday by Visa USA The new "Verified by Visa" program works with participating banks to validatecardholder identity through the use of passwords during the online checkoutprocess. Visa said the plan "gives consumers greater control" over their...

Federated Department Stores (NYSE: FD) said late Thursday that it will stop selling merchandise on its Bloomingdales.com Web site and will use the site instead as a "marketingsite that supports the Bloomingdale's store brand." Federated, the parent company of both Bloomingdales and Macy's, said it plans to direct its e-commerce efforts toward theMa...