Business

The European Commission (EC) is investigating potential anti-competitive aspects of two major new online music ventures, Duet and MusicNet, an EC official said Monday. Speaking at the third European Union (EU) Competition Day, EC competition minister Mario Monti said that the EC is investigating ...

While many e-tailers have scaled back on promotional offerings such as free shipping in recent months to cut costs, a study released Monday by Jupiter Media Metrix said that the return of paid shipping is driving away Web shoppers. "As profitability becomes increasingly important, it is perfectly...

While many e-tailers have scaled back on promotional offerings such as free shipping in recent months to cut costs, a study released Monday by Jupiter Media Metrix said that the return of paid shipping is driving away Web shoppers. "As profitability becomes increasingly important, it is perfectly...

While many e-tailers have scaled back on promotional offerings such as free shipping in recent months to cut costs, a study released Monday by Jupiter Media Metrix said that the return of paid shipping is driving away Web shoppers. "As profitability becomes increasingly important, it is perfectly...

Although sites that offer Internet services like free e-mail are growing fast, search engines, portals and online communities account for the bulk of all online traffic in the United States, according to a report released Monday by Nielsen//NetRatings. One out of every three Americans visits a po...

Auction leader eBay launched its much-anticipated storefronts project, known as eBay Stores, on Monday. The project will begin with a two-week pilot program involving leading eBay sellers, and will be available to all qualified sellers starting June 18th. Designed to give a sense of the range o...

Broadbacn Internet service provider Excite@Home announced Monday that it has raised US$100 million through the sale of five-year convertible secured notes. Purchasers of the notes, which bear no interest, can convert them at any time into Excite@Home Series A common stock at $4.38, a 10 percent ...

In the latest turn of events concerning the regulation of Nazi and other hate-related memorabilia sales online, a U.S. District Court in California Thursday decided not to dismiss a lawsuit by Yahoo! aiming to declare a French court's ruling against the Internet portal unenforceable. "The court'...

According to published reports, a federal court in New York ruled on Friday that a state law prohibiting mail-order, Internet and telephone sales of cigarettes is unconstitutional because it places an undue burden on interstate commerce. "While the statute is a reasonable, indeed commendable, s...

Further paring its focus to its strong suits of marketing and customer service, Amazon.com has outsourced part of its electronics fulfillment to Overstock.com. The agreement calls for Salt Lake City, Utah-based Overstock to fulfill orders for about 700 different items in Amazon's electronics cat...

Echoing the success U.S. online travel companies have enjoyed, data released Thursday by Jupiter MMXI said that European travel Web sites are also seeing a surging demand for their services. According to the research firm, the number of consumers visiting travel sites in Europe spiked by almost ...

7-Eleven said Thursday it will install Internet-enabled financial service kiosks in 36 stores in Fort Myers and Naples, Florida, as part of an expanded test of financial services that may eventually include online shopping. The convenience-store chain already has Web-ready machines in 58 of its T...

Thursday, the Washington State Supreme Court unanimously overturned a lower court ruling that had struck down the state's anti-spam law. The high court ruled that the only burden the law places on spammers is the requirement of truthfulness -- which in fact does not burden interstate commerce, b...

Automakers hoping to leverage the power of the Internet to generate new car sales need to concentrate less on online selling and more on building brand awareness, according to a report released Thursday by Jupiter Media Metrix. "Given that most consumers will ultimately purchase an automobile of...

In a world where Internet-only players are flying off the screen at an alarming pace, Amazon.com is likely to succeed where other pure-plays have failed, analysts from Jupiter Media Metrix told the E-Commerce Times. The e-tail giant itself said this week that it is on track to deliver pro forma ...