Business

Following in the footsteps of other brick-and-click retailers, Kmart said Tuesday that it will outsource operation of its BlueLight.com e-commerce site. Kmart said it struck an agreement to hand over the task of running BlueLight.com to Global Sports, an e-commerce service provider that has focu...

E-commerce service provider Beyond.com launched an online software and hardware shopping mall Monday, offering computer-related products from Beyond's eStore clients. "The mall is a marriage between our old retail site and our eStores -- leveraging our brand, but still directing consumers directl...

Over 33 million people in the UK, or 60 percent of the region's population, ventured online between April and June, according to a report released Monday by Jupiter MMXI. The number of "heavy users" is also on the rise in UK, with over 11 million people accessing the Internet more than three ti...

Beating the major record labels to the punch, rock star Peter Gabriel's Real World Records label, in collaboration with Womad music festivals and digital music service On Demand Distribution (OD2), launched an online digital subscription music service Tuesday. The service, dubbed the Womad Digita...

Web infrastructure services provider VeriSign said Monday it is offering a new Shared Hosting Security Service aimed at helping small and mid-size businesses (SMBs) receive the kind of e-commerce security previously reserved for much larger companies. "It's kind of gluing together the pieces the...

By only looking at top-line metrics such as sales and profits, 69 percent of brick-and-click retailers are underestimating the benefits derived from their Web sites, according to a report released Monday by Jupiter Media Metrix. The report concluded that brick-and-click retailers who factor in ...

Amazon.com said Monday it has reached a deal with electronics retailer Circuit City that will give customers the option of picking up purchases in about 600 stores nationwide rather than paying shipping fees. The multiyear agreement calls for Amazon to receive a percentage of the revenue for all...

America Online said Monday it has launched a revamped automobile channel that now includes local targeted resources, as well as content from online auto sites such as Autofusion, Consumer Reports and Edmunds.com. As part of the content distribution deal, Consumer Reports -- the well-known 63-year...

Five of Hollywood's major motion picture studios announced Thursday they were partnering to create an online movie service that will offer digital downloads of both new and old movies to broadband Internet users. The studios said service will also be available to other film producers and distribu...

Online currency provider Beenz.com announced late Thursday that its currency would be invalid as of August 26th. The company's collapse comes just one week after rival e-currency site Flooz.com suspended its operations. Unlike Flooz, which closed abruptly, Beenz is giving its customers a 10-day n...

As it steps up efforts to tap new revenue streams, Yahoo! announced Thursday that it has created an executive management position to oversee its corporate business offerings. The Sunnyvale, California-based company said it appointed James A. Fanella to serve as senior vice president for business ...

Multinational companies based in the U.S. have a long way to go to ensure the privacy of customer data, particularly data transferred via the Internet, according to a study released Thursday by Andersen. "The reality of today's global economy, especially the use of the Internet as a channel fo...

Royal Ahold said Friday it has settled a lawsuit with shareholders of Peapod, clearing the way for a planned buyout of the online grocer. The settlement, which still must be approved by a judge, makes it possible for Ahold to move ahead with its planned purchase of all outstanding Peapod shares.

Egghead.com announced Wednesday that it is selling its assets to Silicon Valley-based brick-and-mortar retail chain Fry's Electronics as part of a Chapter 11 bankruptcy filing. The Egghead Web site will remain open for business until the assets sale is complete, the company said. Fry's, which...

Technology support and services firms are leading U.S. small businesses in using and investing in the Internet, but manufacturing firms are a surprising second, according to a report released by IDC on Wednesday. Manufacturing firms, often deemed late-adopters of technology, have incorporated th...