Business

In a boost to the fledgling electronic books industry, the National Book Foundation said Friday it would consider e-books for its prestigious National Book Awards this year for the first time. The National Book Awards, which carry a US$10,000 prize in four categories, are widely considered on...

Hollywood.com and CinemaNow announced Thursday that they are creating a new, co-branded pay-per-view movie site scheduled to open in June. The deal gives the smaller CinemaNow a much needed venue for distributing mainstream, full-length films. Whether it will help give the overall online movie ...

Priceline.com announced Thursday that it is launching a resort getaway service that it claims will save travelers up to 40 percent off typical rates. The Norwalk, Connecticut-based company said it was able to introduce new category, which follows its name-your-own-price operating model, by buildin...

Online travel company Travelocity on Friday announced an advertising campaign touting the company as "more than just an online travel site." The campaign will launch with two 30-second television spots set to begin airing Monday. The campaign comes as Orbitz, a travel site backed by five major ...

Businesses around the world that have established Web sites can expect to see the proportion of revenue they receive from Internet-generated sales to double in 2001 from 2000, according to data released Thursday by IDC. "The value of sales influenced by the Internet is growing," said the Framingh...

Web portal Yahoo! said Thursday that its decision to charge listing fees for auctions on its site has resulted in a higher percentage of auction items being sold and a higher sales price for each item. Over the past five months, the percentage of items sold has risen to 31 percent for all aucti...

Government agencies, fighting red tape, have not embraced e-procurement as rapidly as their private counterparts, according to a report released Thursday by Jupiter Media Metrix. The study found that despite the best efforts of the Clinton administration to promote e-procurement, 1 percent of go...

Despite the heavy losses realized by venture capital firms in the dot-com shakeout, analysts say that there is actually a great deal of capital available in the VC market for both startup and later-stage funding. However, even with a renewed spark of optimism in the e-business sector, many obser...

Within the next few weeks, the U.S. Department of Commerce, in partnership with IBM (NYSE: IBM), is scheduled to launch a new business-to-business (B2B) e-marketplace to help U.S. sellers hook up with foreign buyers. Dubbed BuyUSA.com, the new marketplace will particularly help small and mid-si...