Business

An optimistic report released Friday by the U.S. Internet Council (USIC) predicts that the Internet will continue to evolve into an open and global information environment and that those nations, corporations and citizens who can adapt to the Net's constant innovation will thrive.

Consumers spent over $5.5 billion (US$) shopping on the Internet during the second quarter of this year, an increase of 5.3 percent from first quarter online sales of $5.24 billion, according to separate figures released Thursday by Nielsen//NetRatings and the U.S. Department of Commerce (DOC).

Despite growing consumer fears about online privacy, Amazon.com (Nasdaq: AMZN) will notify its 23 million customers that it has revised its policy to reflect the fact that customer information may be sold as an asset.

E-tail giant Egghead.com (Nasdaq: EGGS) announced late Thursday that it will be moving approximately 20 percent of its staff from Silicon Valley to Vancouver, Washington over the next several months.

The U.S. Federal Bureau of Investigation (FBI) arrested a 23 year-old California man on Thursday for issuing a phony Internet press release that sent high-tech firm Emulex's stock plummeting by more than 60 percent last Friday.

For a long time, we were told it was coming. Soon we would be gliding across the Internet at warp speed. We'd be downloading crisp video on demand, seamlessly streaming television and radio broadcasts. High-quality teleconferencing would make traveling to business meetings a thing of the past.

America Online, Inc. (NYSE: AOL) announced Thursday that it has purchased Quack.com, a company with technology that enables consumers to access Internet information by using voice commands over a regular telephone.

Internet music service provider MP3.com (Nasdaq: MPPP) introduced a new method for releasing music "singles" Thursday when it began mass e-mailing digital files of songs to music fans.

Those e-commerce marketers who think that American college students are only good for downloading free music files from Napster should think again. Students are headed back to campus this fall with as much as $80 billion (US$) of disposable income, and they represent one of the most Web-savvy segmen...

Web "bugs" that can be placed in Microsoft Word, Excel 2000 and PowerPoint 2000 documents can enable their authors to track where and how often the documents are read on the Internet, says a privacy watchdog group.

In a bid to avoid costly copyright litigation, 34 percent of colleges around the U.S. have banned their students from using Napster, according to a survey released Tuesday by Internet research firm Gartner Group.

Just as the Internet has changed the way retailers relate to their customers, it will change the way that U.S. federal, state, and local governments deal with constituents, according to a new report by Forrester Research.

In a move that could have a ripple effect throughout the United States, California lawmakers are pressing Governor Gray Davis to sign proposed legislation that would mandate the collection of sales taxes on Internet purchases made by state residents.

Internet tutoring service Tutornet.com Group, Inc. (OTC: TTNP.OB) lied about its financial condition in regulatory filings and in a letter to shareholders published on its Web site, the U.S. Securities and Exchange Commission (SEC) said in a complaint filed Wednesday.

The United States is the most litigious country in the world. People sue McDonald's if their coffee is too hot. Prisoners sue if their color TVs are taken away. Doctors, lawyers, big corporations, mom-and-pop corner stores -- no one is immune to being slapped with a contentious lawsuit.