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In a vote of confidence for his company, Priceline.com (Nasdaq: PCLN) chairman and chief executive officer Richard Braddock said Friday that he had ended a plan to sell some Priceline shares over the next year, and instead will exercise options to buy 750,000 shares Braddock's move follows a similar announcement from key Priceline shareholders. Thu...
Many companies are misleading themselves when it comes to measuring the return on investment (ROI) they are getting from their onlinebusiness ventures, by relying too much on internal calculations to gauge their success, according to a studyreleased Thursday by Jupiter Media Metrix Jupiter said a survey of information technology executives found th...
Online travel companies Travelocity (Nasdaq: TVLY) and Priceline (Nasdaq: PCLN) late Tuesday warned that the terrorist attacks of September 11th may hurt results later this year as consumers and businesses cut back on travel Like rival Expedia (Nasdaq: EXPE), which earlier in the day said it expects business to pick up later in the year despite a d...
While the Internet is proving to be a valuable tool for homebuyers, offeringinformation about prices, neighborhoods and mortgage options, the Web isunlikely to replace the local real-estate agent anytime in the near future, analysts say Real estate brokers and agents, however, have to keep pace with anincreasingly better-informed clientele, because...
Online retailers, like their brick-and-mortar counterparts, are collecting donations and helping the Red Cross with its effort to recover and aid victims following Tuesday's terrorist attacks on the World Trade Center and the Pentagon, and the crash of a hijacked plane in rural Pennsylvania Amazon.com (Nasdaq: AMZN) and eBay (Nasdaq: EBAY) replaced...
Yahoo! (Nasdaq: YHOO) will host the Web site for the next two World Cup soccer tournaments under an agreement announced Tuesday with the Federation Internationale de Football Association (FIFA) Yahoo! said it has exclusive rights to produce, market and host the FIFAworldcup.com site, and will sell site sponsorships, along with FIFA. The deal covers...
A system that allows U.S. businesses and individuals to make estimated tax payments over the Internet is now live, following a pilot program that beganlast October, the Internal Revenue Service said Thursday The system "provides a convenient and secure method for paying taxes that isconsistent with the way people do business," said IRS Commissioner...
IBM (NYSE: IBM) will sell more computers and other products on eBay (Nasdaq: EBAY) as part of a broad software and marketing agreement announced by the two companies Thursday. eBay also said that it will use IBM's WebSphere software to power the upgraded version of its online marketplace The deal is a big win for IBM, Giga Information Group vice pr...
Although their companies continue to spend money on many different aspects of e-business, corporate managers see less promise in the Internet than they did a year ago, according to a report released Wednesday by the Yankee Group "Over the past year, the perception of Internet business has swung from oneextreme to another, from the extremely positiv...
Online travel company Expedia (Nasdaq: EXPE) said Monday it is making its services available to French travelersthrough a joint venture with French national railroad company SNCF Expedia's airline, hotel, train and car reservation services will beavailable on SNCF's Web site, which Expedia says is the top travel site inFrance, reaching 10.2 percent...
Online postage company Stamps.com (Nasdaq: STMP) said Friday that it cut about 25 percent of its workforce as part of a plan to reduce costs and turn a profit, and that chief financial officer Ken McBride will take over the chief executive post The layoffs are the latest in a series of restructuring moves begun lastOctober, when Stamps.com cut 40 p...
Internet brokerage E*Trade (NYSE: ET) said late Wednesday that it plans to buy market maker Dempsey & Company for US$173.5 million in cash and stock, and that it will consolidate its existing operations in order to diversify its revenue sources and cut costs The restructuring, which E*Trade described as the "next phase" of its ongoing diversificati...
Most financial-service Web sites fail to give users appropriate options for protecting the use of their personal financial information, according to a report released Wednesday by the nonprofit Center for Democracy and Technology (CDT). The study found that mortgage companies and big banks are the worst offenders, with some apparently violating le...
AOL Time Warner (NYSE: AOL) and taxpreparer H&R Block (NYSE: HRB) said Tuesday that they have signed a multi-year, cross-promotional alliance The deal makes H&R Block the exclusive tax-service provider for AmericaOnline properties. H&R Block's services will be featured on AOL, CompuServe, Netscape, Money.com and Digital City, the companies said....
AOL Time Warner (NYSE: AOL) and taxpreparer H&R Block (NYSE: HRB) said Tuesday that they have signed a multi-year, cross-promotional alliance The deal makes H&R Block the exclusive tax-service provider for AmericaOnline properties. H&R Block's services will be featured on AOL, CompuServe, Netscape, Money.com and Digital City, the companies said....
AOL Time Warner (NYSE: AOL) and taxpreparer H&R Block (NYSE: HRB) said Tuesday that they have signed a multi-year, cross-promotional alliance The deal makes H&R Block the exclusive tax-service provider for AmericaOnline properties. H&R Block's services will be featured on AOL, CompuServe, Netscape, Money.com and Digital City, the companies said....
A fertile market and a fertile territory for e-commerce -- online games and South Korea -- met up Monday when EA.com, the online gaming division of entertainment software maker Electronic Arts (Nasdaq: ERTS), announced plans to launch a localized version of its popular Ultima Online role-playing game in the Far Eastern country Other games and sport...
Flower seller 1-800-Flowers.com (Nasdaq: FLWS) achieved a profit in its fiscal fourth quarter, as strong Mother's Day sales fueled a 33 percent rise in online revenue, the company said Thursday "Despite what continues to be a very challenging economy for retail companies, during our fourth quarter we were able to achieve a solid rate of revenue gro...
Online music provider MP3.com (Nasdaq: MPPP) said Wednesday it has removed pop-up window advertising and other ads from its music subscription service for which users pay monthly or annual fees MP3.com chairman and chief executive officer Michael Robertson said that MP3.com users "have made it clear that they want to escape pop-up windows." Roberts...
HotJobs (Nasdaq: HOTJ) and Monster.com parent TMP Worldwide (Nasdaq: TMPW) said that the U.S. Federal Trade Commission (FTC) has asked them for more information about merger plans for the online recruiting companies "We still believe we can close in the fourth quarter," TMP spokesperson Dan Bustillos told the E-Commerce Times on Tuesday, adding tha...
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