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Analyst Rating Sends Amazon Stumbling

Continuing what has seemed like an endless cycle of reversals and revivals, e-tail giant Amazon.com (Nasdaq: AMZN), faced more disheartening news Wednesday when an analyst's underperform rating sent its shares plummeting nearly seven percent to $30.75 (US$) Sanford J. Bernstein analyst Faye Landes issued the rating, and said it was based on focus g...

Study: Women Now Online Majority

For the first time in the Internet's history, there are more women than men online in the United States, according to a study released Wednesday "It's a Woman's World Wide Web," the report from Media Metrix (Nasdaq: MMXI) and Jupiter Communications (Nasdaq: JPTR), found that explosive growth in Internet usage among teenage girls and steady growth a...

U.S. Court Limits Online Porn Censorship

A U.S. court has stopped the state of Virginia from enforcing a 1999 law that criminalizes use of the Internet to sell or otherwise provide sexually explicit material that is "harmful to minors." U.S. District Court Judge J. Harry Michael, Jr. ruled that the law violates the First Amendment.

Amazon, Toys 'R' Us Ink E-Commerce Pact

E-tail giant Amazon.com (Nasdaq: AMZN) and Toysrus.com, the online division of venerable toy store chain Toys "R" Us (NYSE: TOY), announced a partnership Thursday to sell toys and video games The new co-branded store will be up and running this fall, in time for the crucial holiday season, and will be followed by a baby products store in the first ...

Wal-Mart in European E-Commerce Deals

In an effort to expand its e-commerce presence away from home, U.S.-based retail giant Wal-Mart Stores, Inc. announced Wednesday that it has partnered with AOL Europe and UK-based comparison shopping site ShopSmart.com Under the terms of the deal, Wal-Mart Europe is merging its UK-based comparison-shopping site, Valuemad, with ShopSmart. The retail...

The Future of E-Commerce 101

Despite the ongoing dot-com shakeout, the field of e-commerce education in the United States continues to develop. Over the past several years, graduate business schools have attempted a variety of strategies on how to inculcate e-commerce concepts into traditional business school courses Among the top-rated programs, some curriculum designers have...

Tight Belts for Dot-Coms

Welcome back to reality, dot-coms. Word has it that you have stopped spending like it was going out of style. You are clinging to the remnants of your venture capital and the windfall you reaped from your IPO. Good thing. Just one question: Don't you think it's a bit late? According to the results of a new study from Pegasus Research International ...

E-Commerce Sting Nabs Satellite TV Pirates

Hundreds of would-be satellite TV thieves who logged onto the Web to buy counterfeit satellite access cards instead bought themselves a whole lot of trouble, because the site was operated by the U.S. Customs Service as part of a sting operation Customs and the Department of Justice announced Tuesday that the 22-month sting, dubbed Operation Smartca...

Study: E-tailers Flunk Customer Service Test

E-tailers, even the most popular ones, are universally failing to provide high-quality online customer service, according to a new survey from GartnerGroup, Inc In a survey released Tuesday of the top 50 consumer e-tail sites, Gartner did not find one that rated "good" or "excellent" for online customer service.

Arbitrator Splits Andersen Firms

A French arbitrator has split up Arthur Andersen and Andersen Consulting, the dueling children of parent company Andersen Worldwide Under the arbitrator's decision, Arthur Andersen can claim approximately $1 billion (US$) of Andersen Consulting's money that has been held in escrow since the case entered arbitration in December 1997. However, Anders...

Microsoft Debuts E-Book Reader for PCs

Software giant Microsoft (Nasdaq: MSFT) launched its Microsoft Reader software for PCs Tuesday, significantly expanding the audience for electronic publications The company first released the reader, pre-loaded in its handheld Pocket PCs, in March. The release to a wider PC audience comes after the company inked contracts with Barnesandnoble.com an...

Notes from the First 'Internet Age' Political Convention

The Republican Convention 2000 in Philadelphia was supposed to be the first political convention held wholly in the Internet Age, the first to be subject to the scrutiny of 24-hour Web cams and digital wrist cameras, the first to become instant fodder for chat room debates. It was supposed to be thrilling, injecting new hunt into an old dog But the...

Ford Loses Web Trademark Battle

A lawsuit filed by Ford Motor Company against e-commerce startup Model E was dismissed Monday, handing the custom-car ordering site a significant victory. The new company plans to use the recent media exposure to unveil more details about its "subscribe and drive" service On July 28th, Ford sued both Model E, based in Fremont, California, and its p...

Report: Net Ad Spending Surging

Americans are driving online advertising to new heights as a result of their increasing "per-person daily media use," primarily on the Internet, according to investment banking firm Veronis Suhler Suhler's 14th Annual Communications Industry Forecast, released Monday, predicted that Internet advertising will more than quadruple to $24.4 billion (US...

Feds Bust Web Drug Fraud Ring

U.S. government authorities said Monday they have charged four people and a pharmaceutical supply company with conspiring to sell drugs over the Internet to people without valid prescriptions The U.S. Department of Justice (DOJ) and Food and Drug Administration (FDA) said that the Norfolk Men's Clinic made such drugs as Viagra, Xenical, Celebrex, P...

Study: Net Car Sales Ready To Roll

The Internet will be a driving force in both the new and used vehicle market over the next five years, according to a study released Monday by New York-based research firm Jupiter Communications According to the study, online-direct and online-influenced new vehicle sales will exceed $128 billion (US$) in the U.S. by 2004. However, reaching these s...

Yahoo!, eBay Cancel Personal Data Auctions

Citing privacy concerns, Yahoo! Inc. (Nasdaq: YHOO) and online auction giant eBay, Inc. (Nasdaq: EBAY) have halted auctions offering a mailing list of 200,000 U.S. investors to the highest bidder, the Wall Street Journal reported today Orlando, Florida-based Market Logistics Group, Inc. sought bids on both Yahoo! and eBay's sites for its investor m...

The Business of E-Charity

The Balkans, April 1999. More than 500,000 Kosovars have fled for other countries in response to ethnic strife In the crisis, many turned to the American Red Cross for help. And the American Red Cross turned to the Internet.

Jimi Hendrix Estate Thwarts Cybersquatter

The family of late guitar legend Jimi Hendrix has prevailed in a legal proceeding brought against the holder of the Internet address Jimihendrix.com, UN arbitrators announced Monday The Hendrix family filed a complaint in May against Denny Hammerton of Minneola, Florida, with the World Intellectual Property Organization (WIPO) Arbitration and Media...

Citigroup To Lead B2B Payment Venture

Further fueling the ongoing business-to-business (B2B) frenzy, Citigroup (NYSE: C) and several financial and technology companies announced a joint e-commerce venture Monday that they say will consolidate online payments and simplify e-commerce banking According to Citigroup, Enron Broadband Services (NYSE: ENE), i2 Technologies (Nasdaq: ITWO), S1 ...

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