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End of the Broadband Revolution?

For a long time, we were told it was coming. Soon we would be gliding across the Internet at warp speed. We'd be downloading crisp video on demand, seamlessly streaming television and radio broadcasts. High-quality teleconferencing would make traveling to business meetings a thing of the past A broadband Internet would do that and so much more, the...

Arrest Made in High-Tech Stock Hoax

The U.S. Federal Bureau of Investigation (FBI) arrested a 23 year-old California man on Thursday for issuing a phony Internet press release that sent high-tech firm Emulex's stock plummeting by more than 60 percent last Friday Mark Jakob, a student at El Camino Community College near Los Angeles, is being charged with interstate wire fraud and secu...

Egghead.com Ships Jobs Out of Silicon Valley

E-tail giant Egghead.com (Nasdaq: EGGS) announced late Thursday that it will be moving approximately 20 percent of its staff from Silicon Valley to Vancouver, Washington over the next several months The Menlo Park, California-based company said the move is part of a plan to reach profitability by the end of next year.

Amazon Announces Controversial Privacy Policy

Despite growing consumer fears about online privacy, Amazon.com (Nasdaq: AMZN) will notify its 23 million customers that it has revised its policy to reflect the fact that customer information may be sold as an asset In a statement, CEO Jeff Bezos said the revision of the policy came about in part because Amazon is now the parent of many smaller co...

U.S. E-Commerce Shows Solid Q2 Growth

Consumers spent over $5.5 billion (US$) shopping on the Internet during the second quarter of this year, an increase of 5.3 percent from first quarter online sales of $5.24 billion, according to separate figures released Thursday by Nielsen//NetRatings and the U.S. Department of Commerce (DOC) The figure represents .68 percent of all retail sales, ...

U.S. Report Gives Net a Clean Bill of Health

An optimistic report released Friday by the U.S. Internet Council (USIC) predicts that the Internet will continue to evolve into an open and global information environment and that those nations, corporations and citizens who can adapt to the Net's constant innovation will thrive The study also showed that although English-speaking users in North A...

Report: E-Government Becoming Reality

Just as the Internet has changed the way retailers relate to their customers, it will change the way that U.S. federal, state, and local governments deal with constituents, according to a new report by Forrester Research The report, "Sizing U.S. eGovernment," predicts that governmental entities will collect 15 percent, or $602 billion (US$), of fee...

Colleges Move To Ban Napster

In a bid to avoid costly copyright litigation, 34 percent of colleges around the U.S. have banned their students from using Napster, according to a survey released Tuesday by Internet research firm Gartner Group According to the report, "Colleges and Universities Prepare for Napster's Sophomore Year," some university administrators are taking the t...

Privacy Group IDs Microsoft 'Bugs'

Web "bugs" that can be placed in Microsoft Word, Excel 2000 and PowerPoint 2000 documents can enable their authors to track where and how often the documents are read on the Internet, says a privacy watchdog group A document's author can trace how a bugged document is passed from one person or organization to another, the Denver, Colorado-based Pri...

E-tailers Clamor for College Cash

Those e-commerce marketers who think that American college students are only good for downloading free music files from Napster should think again. Students are headed back to campus this fall with as much as $80 billion (US$) of disposable income, and they represent one of the most Web-savvy segments of the Internet marketplace To tap into that ma...

Is Anyone Accountable for Net Security Snafus?

The United States is the most litigious country in the world. People sue McDonald's if their coffee is too hot. Prisoners sue if their color TVs are taken away. Doctors, lawyers, big corporations, mom-and-pop corner stores -- no one is immune to being slapped with a contentious lawsuit Except, apparently, Microsoft and all the other high-tech compa...

SEC Says Net Tutor Misled Investors

Internet tutoring service Tutornet.com Group, Inc. (OTC: TTNP.OB) lied about its financial condition in regulatory filings and in a letter to shareholders published on its Web site, the U.S. Securities and Exchange Commission (SEC) said in a complaint filed Wednesday The SEC said it sued the Reston, Virginia-based Tutornet and its chief executive o...

California Lawmakers Push for Net Tax

In a move that could have a ripple effect throughout the United States, California lawmakers are pressing Governor Gray Davis to sign proposed legislation that would mandate the collection of sales taxes on Internet purchases made by state residents The bill, AB 2412, which was introduced by state assemblywoman Carole Migden in February, targets Ca...

High-Tech Dream Team Sponsors Linux Lab

A dream team of high-tech heavyweights -- led by IBM, Hewlett-Packard, NEC and Intel -- is joining forces to find new ways for the Linux operating system to be used in high-powered corporate networks and on the Internet The companies announced the formation of the Open Source Development Lab Wednesday, and said it will be open for business before t...

Microsoft Unveils Web-Related Office

As the next step toward a new Internet-based strategy, Microsoft Corp. (Nasdaq: MSFT) unveiled the test version of its latest "Office" software upgrade on Tuesday. The product is designed to serve as a bridge between the old Office productivity suite, which was designed for personal computers, and the company's new focus on Web-based technology Cal...

Report: More Shopping Channels, More Spending

A report released Tuesday by Internet research firm Jupiter Communications concludes that multi-channel shoppers -- shoppers who use traditional stores, Web sites and print catalogs -- purchase 30 percent more than those who use only one retail channel Most retailers fail to take advantage of the multi-channel shopping trend, however. The report, "...

New E-tail Currency in the Air

Backed by powerhouses in both the travel and e-tail sectors, Web startup MilePoint.com is set to unveil a program that will allow more than 45 million frequent flyer program members to exchange their miles and points for discounts on purchases from online merchants Delta Air Lines, Northwest Airlines, Continental Airlines, US Airways, America West ...

Madonna's Domain Name Crusade

Ask a thousand people on the street to tell you the first person they think of when they hear the name "Madonna," and you're likely to get a pretty overwhelming response in favor of the bump-and-grind pop singer. At least that's the claim of her publicist But does that give Madonna the Singer the right to own the domain name "Madonna.com"? Not by a...

King-Size Stock Dive for Saudi Prince

At the beginning of the summer, billionaire Saudi prince Alwaleed bin Talal jumped into the Internet stock game with a king-size splash On May 16th, the 43 year-old prince purchased a $50 million (US$) stake in each of six companies: Amazon (Nasdaq: AMZN), eBay (Nasdaq: EBAY), DoubleClick (Nasdaq: DCLK), Infospace (Nasdaq: INSP), Internet Capital G...

U.S. Net Demographics Set To Shift

A new study by International Data Corp. (IDC) finds that a surge in the number of Americans using the Internet over the next several years will cause the demographics of the population to shift dramatically The report forecasts that 103 million users, cutting across age and economic lines, will make their first foray into cyberspace by 2004, boosti...

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