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By all accounts, the much-ballyhooed concept of online banking is still struggling to assert itself. In fact, according to a recent report by research firm eMarketer, about half of all customers who sign up for online banking cancel the service While online banking has struggled, online credit cards have done relatively well. Online Visa card provi...

A nationwide poll of U.S. industrial firms shows that most are not engaging in extensive business-to-business (B2B) e-commerce, according to the National Association of Manufacturers (NAM) The study echoed a recent report from Deloitte and Touche showing that 70 percent of U.S. retailers lack a cohesive e-commerce strategy.

Linux vendor Stormix Technologies, Inc. has announced that it will stage the European debut of its Debian-based Storm Linux 2000 OS package at the CeBit trade show in Hannover, Germany today After debuts in North America and Japan, the Vancouver, Canada-based fledgling software maker plans to bring its Linux distribution to European consumers who a...

German software giant SAP AG (NYSE: SAP) has teamed with Deutsche Bank AG to offer financial and technical services to firms that are engaged in online trading on SAP's new business-to-business (B2B) network The move comes on the heels of a similar deal between one of SAP's major competitors, Commerce One, Inc. and financial services giant Citigrou...

Internet grocer HomeGrocer.com announced today that it will pay $60 million (US$) over five years to America Online (NYSE: AOL) for positioning across the online giant's vast network As part of the arrangement, the Kirkland, Washington-based HomeGrocer will be featured on AOL.com, Netscape Netcenter, Digital City, AOL MovieFone and Oxygen.com.

With no predictable resolution in sight, the Microsoft antitrust trial is scheduled to hear closing arguments in Washington, D.C. today Meanwhile, in Chicago, Illinois, private settlement deliberations continue, although people close to both sides indicate that a settlement is not imminent.

Online computer giant Dell Computer Corp. announced today that it is expanding its e-commerce offerings by launching a Web site hosting service for small to medium-sized businesses Dell's new hosting service is available on Dellhost.com, which appeared on the company's Web site late Friday.

SBC Communications (NYSE: SBC), the largest local telephone company in the United States, announced today that it will pay $3.9 billion (US$) in cash for Sterling Commerce (NYSE: SE) The Columbus, Ohio-based Sterling Commerce is a leader in the market for electronic data interchange (EDI) software and is transitioning to the Internet as a B2B softw...

Kevin J. O'Connor, the 38 year-old Chairman and CEO of controversial Internet advertising company DoubleClick, Inc., must feel like Sherman McCoy, the fictional star of Tom Wolfe's famous novel The Bonfire of the Vanities When he went to bed last week, O'Connor was a "master of the Internet universe." His company was worth about $9.3 billion (US$),...

DuPont Corp. (NYSE: DD), the 198 year-old science-based solutions company, announced Friday that it will work with Internet Capital Group (Nasdaq: ICGE) to create an online business-to-business (B2B) market for industrial goods and services In late January, DuPont and Chemdex Corporation formed a new company, Industria Solutions, to create a vertic...

E-commerce security solutions provider Rainbow Technologies, Inc. announced at the formal launch of Microsoft Windows 2000 in San Francisco, California that key components of its product line will support both the new Windows 2000 platform and the Windows 2000 Smart Card architecture The move, which comes on the heels of several high profile hacker...

The United States has unveiled a pact with Argentina to help bring the South American country's e-commerce capability up to speed with Asian and European competitors Through the bilateral trade agreement, the two governments will aim to expand customer choice, increase competition and create new jobs by promoting greater market opportunities for me...

Despite a well-publicized tripling of e-commerce spending last year, many e-tailers found themselves falling far short of the shopping season revenues needed to keep their virtual storefronts open In January, software e-tailer Beyond.com accelerated the so-called shakeout by announcing a corporate restructuring by focusing its marketing efforts on ...

Despite claims of readiness for the Valentine's Day shopping rush by many leading e-tailers, Internet performance monitoring firm Keynote, Inc. has found that many of those sites failed to live up to expectations For example, ProFlowers.com told the E-Commerce Times before the holiday that it was "100 percent certain it could meet demand." However,...

Travel trade association The American Society of Travel Agents (ASTA) has formally requested that the U.S. Department of Justice (DOJ) block the sale of airline tickets by 27 U.S. and foreign carriers on an industry-wide Web site The Alexandria, Virginia-based group claims that the new site, which is slated for launch in the second quarter, would v...

Just days after becoming the subject of investigations by the U.S. Federal Trade Commission (FTC) and the New York State Attorney General's office, controversial Internet advertising agency DoubleClick, Inc. has been threatened with legal action by the state of Michigan's Attorney General's office The state is alleging that by engaging in a form of...

Inprise/Borland Corp. (Nasdaq: INPR), a provider of Internet access tools and services, announced a strategic alliance Wednesday with software vendor TurboLinux, Inc. to work cooperatively on integrating their products for Linux users worldwide Under the terms of the Memorandum of Understanding (MOU) agreement, the companies will test, certify, int...

Technical services and support provider Linuxcare, Inc. has struck a strategic alliance with e-commerce consulting firm Windward Consulting Group, Inc. to push Linux-based solutions to application, Internet and telecommunications service providers Under the terms of agreement, Linuxcare will provide product certification, professional services, tec...

Fast-growing Latin American Internet portal and shopping site StarMedia Network (Nasdaq: STRM) has reached a deal to create a Spanish and Portuguese language online pharmacy with Rx.com Under the terms of the agreement, the Austin, Texas-based Rx.com will launch an online pharmacy that sells non-prescription drugs, vitamins, minerals and healthcare...

The U.S. government and many states are now passing Uniform Electronic Transaction Act (UETA) laws that recognize the legal validity of electronic signatures and transactions. While the UETA does not affect basic business-to-consumer (B2C) shopping on the Internet for products like books, CDs, clothing and other material items, it will have a larg...