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The search is over. The ultimate symbol for the meteoric rise, painful fall and slow, strange resurrection of the dot-com empire has been found. Starting next month, the one-time Pets.com sock puppet will begin appearing in television commercials for a company that finds car loans for people with less-than-stellar credit histories.
Just a day after Amazon.com halved itspurchase threshold for free shipping from US$99 to $49, e-tailerBuy.com has gone one step further,announcing it will offer free shipping with no minimum purchase Like Amazon's expanded offer for free shipping, the Buy.com deal will run for a limitedtime. But unlike Amazon, which said it will run its promotion f...
If Amazon.com were not such a class act, if it were not the undisputed e-tail champion, the company's Gold Box promotion would be a joke After all, it is incredibly transparent to anyone paying attention that Amazon is desperately trying to get people to buy things from certain categories -- especially those pesky kitchen accessories. On top of thi...
Amazon.com has announced it will lower the threshold for free shipping to US$49 in a move that the company has called a long-term test to raise the stakes for itself and other online retailers Amazon said a trial of the service -- which halves the previous minimum order size of $99 for free shipping on certain purchases -- will run for three to six...
Loudcloud, the closely watched follow-up effort of Netscape co-founder Marc Andreessen, announced it will sell its core managed services and hosting business to tech giant EDS for US$63.5 million in cash. In doing so, Loudcloud, which fought through the worst of the dot-com stock market rout to go public early last year, will abandon its original ...
The Internet economy is entering maturity, but not in the stock market or even in research and development labs. The dot-com sector is coming of age in a courtroom. And while analysts say many of the patent lawsuits, class-actions, merger-related filings and antitrust actions will result in little tangible damage, e-business finds itself scramblin...
Increased productivity, made possible by new technologies, has been responsible for many of the record-setting job cuts of recent years, according to a report from outplacement firm Challenger, Gray & Christmas (CGC). CGC said its survey of U.S. corporations found that the most productive industries top its list of companies that have made the lar...
Amid the chaos of the past two weeks, when travel companies were tripping over one another to cut deals, merge and otherwise grab whatever they could while the grabbing was good, Priceline.com.com was just as busy as its competitors. But Priceline might have something the others don't: a plan. It might not be a workable plan, but it also might be ...
More than half of all U.S. retailers said their online sales operations achieved profitability in 2001, and growth could top 40 percent in 2002, according to a joint report published by the Boston Consulting Group, Forrester Research and Shop.org. The study, called "The State of Retailing Online 5.0," predicted that online sales will grow 41 perce...
Trends are often difficult to get a handle on, especially those that gauge consumersentiment. The best you can hope for is a snapshot of a moment in time, and people havea tendency to change their minds without notice But I put a lot of stock in survey-driven news that the level of interest among consumersin shopping via cell phone has plummeted....
The U.S. Securities and Exchange Commission said it has reached a settlement with Amazon.com on charges that the e-tail giant helped onetime partner Ashford.com dress up its financial results in 2000. The action resulted in a cease-and-desist order, requiring that Amazon refrain from similar tactics in the future, but no additional action was take...
In an apparent bid to boost sales in some of its less popular departments, e-tail giant Amazon.com is rolling out a promotion that will give shoppers just one hour to buy specially discounted merchandise Each shopper will receive five "Gold Box" offers daily, but none of the discounts will apply to Amazon's core offerings of books, music and movies...
Jupiter Media Metrix, which rode the dot-com wave to dizzying heights only to crash hard when the shakeout hit, has sold its core Web audience measurement services to comScore Networks for US$1.5 million. Media Metrix bought Jupiter at the height of the Internet bubble in mid-2000 in a stock deal worth more than $350 million at the time.
Community spirit does not exist only in the real world. EBay has it by the truckload. Amazon has some, too. And analysts and industry leaders say it is no accident that the companies with Web sites that make people feel like they belong have been among the most financially successful. "Making a connection is a basic human need, no different than f...
Priceline.com has bought the domain name and trademark assets of onetime competitor Lowestfare.com, which stopped selling airline tickets a month ago. Terms of the deal were not disclosed, making its value difficult to judge, Morningstar.com analyst David Kathman told the E-Commerce Times....
Underscoring the fragility of the economic recovery in the tech sector, Internet companies slashed 2,078 jobs in May, three times as many as in April, according to a report from outplacement firm Challenger, Gray & Christmas. The May job cut total was the highest since December 2001, when 2,403 workers lost Web-related jobs.
Yahoo! has expanded and extended a strategic alliance with Travelocity and parent company Sabre Holdings that will give Travelocity exclusive billing on the portal giant's Web site. Building on an existing relationship that dates back to 1997, the new deal also calls for Yahoo! to provide "extensive marketing services" to Sabre. Sabre will use Yah...
USA Interactive has announced it will launch simultaneous buyout efforts that could give it full ownership of three major e-commerce players: Expedia, Ticketmaster and Hotels.com. In total, the deals could be worth US$4.5 billion. Each deal would involve an exchange of stock. USA said the takeover attempts should not be considered hostile, and the...
Early in 2001, Epinions.com faced the same choice as scores of other dot-coms: Adapt or die. While the shopping information site, founded in 1999 by former Yahoo, Excite and Netscape executives and funded by some of the best-known investors in Silicon Valley, had attracted millions of repeat users, it was wholly dependent on advertising revenue. I...
Fingerhut's online operations are silent. The catalog company's site, which withered away slowly and painfully before finally dying, now features a farewell and good luck message instead of selling products Unlike other dot-com crashes, the Fingerhut failure is more than a blip on the radar screen. It represents a warning to those who would dive re...
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