- Welcome Guest
- Sign In
- Welcome Guest
- Sign In
Some weeks back, a Webvan stock certificate sold for US$500. The sale caused a minor stir, since the stock itself was worth something like 14 cents at the time. But it also led to widespread speculation that mementos of the dot-com era would soon become valuable items. And right on cue, a cottage industry in the stuff of dot-coms blossomed.
Web brokerage E*Trade (NYSE: ET) said Wednesday that diversification efforts helped the company report an operating profit during the third quarter, despite a steep drop in online trading. E*Trade chairman and chief executive officer Christos Cotsakos said the profit came despite the five-day market shutdown caused by the September 11th terrorist ...
In a move that underscores its desire to become a fixed-price e-tail force, eBay (Nasdaq: EBAY) said it is stepping up plans to absorb its Half.com subsidiary. While eBay has made no efforts to keep secret its plans to more closely align its original auction site and Half.com, the San Jose, California company now says it will start to fold the two...
The e-commerce shakeout claimed two fresh victims Tuesday as Netcentives, an online rewards and targeted marketing firm, and HealthCentral (Nasdaq: HCEN), the parent of Vitamins.com and WebRx.com, filed for bankruptcy. San Francisco, California-based Netcentives said its Chapter 11 filing is part of a "financial restructuring." Netcentives said it...
On the eve of its closely watched third-quarter earnings announcement, Yahoo! (Nasdaq: YHOO) said Tuesday it has hired former publishing executive and DoubleClick (Nasdaq: DCLK) co-founder Wenda Harris Millard to head its advertising sales division. "I firmly believe that the Internet is a powerful tool in the marketer's arsenal and I am more enth...
Consumers returned to online travel sites during the last week of September, with many sites regaining the audiences they had before the September 11th terrorist attacks, according to a report released Monday by Nielsen//NetRatings (Nasdaq: NTRT). Overall traffic to travel sites for the week ending September 30th was actually higher than it was th...
The good news out of Palo Alto, California late last week was that a technology company -- an Internet company at that -- had filed for an initial public offering. But as PayPal knows, or will soon find out, it's one thing to file for an IPO, and another thing entirely to pull it off. The U.S. Securities and Exchange Commission could probably wall...
To say Amazon.com (Nasdaq: AMZN) has been busy striking partnerships lately would be an understatement. In barely more than a month, Amazon announced deals with Circuit City (NYSE: CC), Target (NYSE: TGT), Expedia (Nasdaq: EXPE) and Hotwire.com. Those pacts came on the heels of earlier deals with Borders (NYSE: BGP) and Toys "R" Us (NYSE: TOY).
It's been promised for a while now. The personalized Web, the one that hits you right where you live. Amazon is trying it with its store-for-every-person campaign, the ultimate in customization. But I'm talking about really hitting a shopper where he or she lives. On the street where he lives. In her own neighborhood.
Bankrupt online grocer Webvan said Thursday a judge had approved the sale of many of its assets to Kaiser Foundation Hospitals, which outbid Webvan's founder for ownership of the inventory-management technology platform. Kaiser, a division of health care giant Kaiser Permanente, will pay US$2.65 million for Webvan's software platform and other int...
Amazon.com (Nasdaq: AMZN) and eBay (Nasdaq: EBAY) have locked legal horns in a case that analysts say shows the intensity of the competition between the two e-tail giants. eBay spokesman Kevin Pursglove confirmed that eBay had been sued by Amazon in connection with eBay's hiring of Christopher Zyda, who served as Amazon's international chief finan...
TMP Worldwide (Nasdaq: TMPW), parent company of dominant online job search site Monster.com, said Tuesday it will cut jobs and lower financial goals in the wake of the September 11th terrorist attacks on the United States "Unfortunately, like so many others around the country, we saw business activity cease in the days immediately following the att...
It's no secret that technology firms are supposed to benefit from the recent decision by the Nasdaq to let stocks trading below the magic US$1 level remain on the exchange. But will they? The Nasdaq's decision is probably well-intentioned. However, the exchange likely has its own interests in mind as well -- and its own reasons for changing the rul...
State revenue coffers stand to lose more than US$13 billion in uncollected sales taxes on online transactions in 2001, a number that will balloon to more than $45 billion in the next five years, according to a study released Tuesday. "When other factors causing sales tax revenue to shrink are added in, the projected tax (loss) increases are even h...
While consumers tread lightly when it comes to conducting international e-commerce, businesses have begun to use the Web to erase borders and streamline their global operations. Smart companies are using the Internet to shorten the time it takes to get materials from suppliers, to communicate with third-party manufacturers and, in some ways, to tu...
In case you haven't heard, eBay Stores are now open for business. But actually, it's hard to imagine anyone not hearing about the grand opening. It arrived with trumpets blaring and a spin-the-wheel, win-a-prize promotion not only online, but in a bunch of malls across the country. In other words, eBay (Nasdaq: EBAY) was very eager to make sure yo...
As the stock price of Priceline.com (Nasdaq: PCLN) slumped this week, a Hong Kong investment group that is the largest outside shareholder in the online travel site followed through on a promise to boost its ownership stake According to a filing with the U.S. Securities and Exchange Commission, Cheung Kong (Holdings) and Hutchison Whampoa each boug...
I don't bank online. And until recently, I didn't know a lot of people whodid. But lately, people who bank online are everywhere and they're notafraid to admit it Not only that, they are, to a person, happy customers.
In a move apparently timed to capitalize on a slowdown in business travel, Yahoo! (Nasdaq: YHOO) unveiled a service Thursday that will provide corporations with Internet broadcasting capabilities. Yahoo! Broadcast Services are designed to replace face-to-face meetings for business conferences, sales meetings and trade shows.
A few days back, the founder of online grocery Webvan submitted the high bid, at least so far, to buy back the remains of his once-glorious creation For the paltry sum of US$2.5 million, Louis Borders stands to get Webvan's technology platform, the foundation on which he once hoped to build a company that would change the shopping world....
Loading ...
