Business

Internet auction giant eBay issued an apology to its customers on Monday for sporadic system and service outages that have hampered the site's functions for the past week.

If e-commerce fails to capture whopping holiday sales this year, it is going to be for lack of imagination. Traditional brick-and-mortar retailers have always known that people want much more out of the holiday season than the opportunity to get a bargain, and they have made the creation of aestheti...

Online pharmacy Drugstore.com (Nasdaq: DSCM) has laid off 60 employees, about 10 percent of its total staff, as part of a plan to reduce operating expenses.

The U.S. Department of Transportation (DOT) has warned airlines that they must tell customers seeking the lowest fare that the best deals may only be available via the carrier's Web site.

I Don't Want My eBay TV

It's not hard to understand why the folks at eBay think they've got the makings of a television show on their hands, as was announced last week. Reality is in, after all, as the "Survivor" craze attests to. People have a fascination about other people, how they act under the glare of the cameras.

Value America, the Internet retailer that once hoped to become the Wal-Mart of the Web by selling everything from low-end cosmetics to high-end electronics, has announced the sale of its electronic services business to Merisel, Inc.

One of the fundamental rules of e-commerce is that for every dire prediction, there is an equal and opposite upbeat outlook, and vice versa. So it was a high mark of distinction -- for a while -- that not since consumers began flocking to the Web had a phenomenon been reported with as much consisten...

Stamps.com Slashes 240 Jobs

Internet postage company Stamps.com (Nasdaq: STMP) announced Monday that it has slashed its workforce by 40 percent in a bid to streamline its operations and improve profitability.

Amid a flood of complaints from former Living.com employees, the trustee in charge of the failed dot-com's bankruptcy proceedings has taken the court papers listing employee salaries, stock options and thousands of customer names and addresses off the company's Web site.

Auction giant eBay continues to turn out solid growth and profit numbers, announcing third quarter earnings Thursday showing revenues nearly twice what they were a year ago.

More people are shopping online but are spending less money per person, according to numbers released Friday by the National Retail Federation (NRF) and Forrester Research (Nasdaq: FORR).

According to a survey released Friday by market research firm InsightExpress, online pharmacies are a "prescription for failure."

As if the e-commerce sector weren't worried enough about the prospect of e-commerce taxes, along came Active Research on Wednesday to say that most Americans would cut back online spending if they had to pay taxes.

In a speech given Thursday at the Michigan offices of Visioneering, Inc., Texas Governor George W. Bush lashed out at the high-tech policies of his opponent, Vice President Al Gore, and told the audience that he would be the best man to protect and grow the Internet economy.

Amid growing concerns that the U.S. Patent and Trademark Office is ill-equipped to keep up with the demands of the New Economy, Internet start-up BountyQuest is offering cash rewards to individuals who can prove or disprove a company's claim to a patent.

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