Business

Yahoo! (Nasdaq: YHOO) announced Wednesday that Anil Singh, its chief sales and marketing officer and senior vice president of business operations, was retiring in early May "to spend more time with his family and pursue personal interests." The giant portal has lost a string of high-profile ex...

One week after the U.S. Federal Bureau of Investigation (FBI) named auction fraud as the most common online scam, LiquidPrice.com proposed Tuesday that the industry move quickly to regulate itself. Calling some kind of industry regulation "inevitable," Piyush Gupta, the chief executive officer ...

The Web sites are fancy, and the merchandise is nicely arranged with descriptions telling you exactly what your hard-earned money will buy, but these e-tailers aren't selling books or blenders. They're virtual brothels, offering sex for sale. "Online prostitution has proven to be a highly profit...

Video game giants Nintendo of America and Electronic Arts announced Monday that they would drop a trademark and copyright infringement lawsuit against Yahoo!. The three companies also pledged to work together to prevent the sale of counterfeit video game products through Yahoo! Auctions and Yaho...

Amid relentless news coverage of the difficulties e-commerce firms have faced in reaching profitability, a study released Tuesday by ActivMedia Research found that half of online business-to-consumer (B2C) companies are bucking the current market downturn and operating in the black. More than on...

The U.S. Securities and Exchange Commission (SEC) announced Monday that it has filed suit against a Florida Internet company, Families On Line (FOL) and two executives for allegedly bilking Christian investors out of almost US$4 million. The suit, which was filed in a Miami federal court Friday...

Seeking to beef up its auctions offerings in the face of declining listings, Yahoo! said Tuesday it had forged an alliance with reverse auction provider eWanted. The partnership will give Yahoo! Auctions users in several product categories direct access to eWanted's offerings, which include both ...

With the deadline for filing U.S. tax returns barely a month away, Intuit and H&R Block have shown no sign of abandoning their dominant status in the online tax preparation and filing sector. However, despite battling to a certain extent for control of the same consumers in a specialized m...

As the high-tech sector continues to take a battering on Wall Street, Amazon founder and chief executive officer Jeff Bezos is reportedly warning investors to steer clear of Internet stocks. In an interview with BBC television that is scheduled to air in the United Kingdom Wednesday, Bezos describe...

Online grocer Peapod (Nasdaq: PPOD) stopped servicing the San Francisco market on Sunday, transferring its customer base to onetime rival Webvan (Nasdaq: WBVN). Peapod said it will turn its attention to its core markets in the Eastern U.S., where its majority owner Royal Ahold has a strong bri...

They say that for the one-year anniversary, paper is the appropriate gift. For the one-year anniversary of the Nasdaq Composite Index's all-time high, the almost unavoidable choice is a loss on paper. On March 10, 2000 the Nasdaq hit its all-time high of 5,132.52 -- an 88 percent increase f...

With nearly 300 shopping days left until Christmas, it is certainly too early to start fretting over e-commerce's annual rite of passage, the holiday shopping season. Instead, one might do well to take some time exploring the Internet's least likely stocking stuffers. After all, even amid the dot-...

Federal prosecutors issued an indictment on Friday against three eBay users for self-bidding on their own art auctions in an attempt to spike bid prices. The indictment alleges that the three men used 40 different names on eBay to place over 50 false bids on paintings they auctioned online from...

The U.S. Securities and Exchange Commission (SEC) is investigating stock sales made by Amazon.com chairman and chief executive officer Jeff Bezos in February, according to a news report published Friday. The New York Times, citing "a person close to the matter," said that the SEC is looking int...

The U.S. Federal Bureau of Investigation (FBI) issued an advisory Thursday warning that several organized hacker groups, operating out of Eastern European hubs, have stolen proprietary information from hundreds of e-commerce and online banking sites, including customer databases and more than one...