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After reluctantly dipping its toe in the online shopping world with a narrow test market, retailer Home Depot (NYSE: HD) said Thursday that it will expand its Internet presence to 48 states, but only on a limited basis. While customers in three test cities now have the ability to buy all of Home Depot's 50,000 products online, the nationwide rollo...
Think there's such a thing as Internet privacy? Think again Outgoing Yahoo! chief executive officer Tim Koogle might not have thought that Internet privacy was a contradiction in terms. But that was before he was "outed" by The Washington Post for using a screen name to participate in auctions -- on eBay....
The Nasdaq plunge and accompanying dot-com shakeout are "irrelevant" to the sustained growth of worldwide e-commerce, which shows no signs of slowing, according to a report released Tuesday by IDC. "Business-to-consumer (B2C) Internet commerce is alive and well," IDC declared in its eWorld2001 report.
Timing is everything in life, so the people who made a movie about the man behind the rise of the one-time Internet phenomenon known as Kozmo.com have to be grinning right now. The movie, "e-Dreams," debuts this week in New York City, and it's likely that some of the 1,100 people who used to work for Kozmo will be among those who see it. They can ...
Auction leader eBay said Tuesday that it will offer more live auctions, which enable online users to submit bids on traditional auctions around the world. eBay said it will now offer live auctions in 12 categories and, in an apparent bid to generate more interest and traffic, will move the live auctions link to its main home page.
A slowing U.S. economy is actually doing some good for online travel providers, which many consumers see as a source of bargains, according to a report released Monday by Jupiter Media Metrix (Nasdaq: JMXI) "Both consumers and businesses are increasingly in search of value fortheir precious travel dollars," said Jupiter analyst Heidi Kim. "TheInter...
The U.S. Federal Trade Commission (FTC) said Thursday that three Web sites have agreed to pay US$100,000 in fines to settle the first prosecutions under a year-old law designed to protect children's identities online. The parent companies of Girlslife.com; Bigmailbox.com and Insidetheweb.com settled charges that they illegally collected identifyin...
Online travel site Travelocity.com (Nasdaq: TVLY) reported its first-ever profitable quarter Wednesday, just days after competitor Expedia.com (Nasdaq: EXPE) said it has reached profits as well. Travelocity reported an operating profit of US$618,000, or 3 cents per share, on revenue of $72.9 million before several one-time charges. In the same qua...
Online travel site Travelocity.com (Nasdaq: TVLY) reported its first-ever profitable quarter Wednesday, just days after competitor Expedia.com (Nasdaq: EXPE) said it has reached profits as well. Travelocity reported an operating profit of US$618,000, or 3 cents per share, on revenue of $72.9 million before several one-time charges. In the same qua...
Online travel site Travelocity.com (Nasdaq: TVLY) reported its first-ever profitable quarter Wednesday, just days after competitor Expedia.com (Nasdaq: EXPE) said it has reached profits as well. Travelocity reported an operating profit of US$618,000, or 3 cents per share, on revenue of $72.9 million before several one-time charges. In the same qua...
Buoyed by a sharp rise in sales, Internet postage firm Stamps.com (Nasdaq: STMP) said Tuesday it is evaluating a number of revenue-generating measures, including possibly raising its monthly minimum price of US$1.99 for its "simple plan" customers Thought by many to be destined for the dot-com graveyard last October when, in the course of two weeks...
These are rough days for the psyche of e-commerce. Just when a glimmer of sunlight appears, another dark cloud comes out of nowhere. In a way, the up-and-down ride might actually be worse than having only bad news all the time. At least when the shakeout was rolling along, tossing a done-for dot-com off the bandwagon each day, we knew what to expe...
Internet portal Yahoo! (Nasdaq: YHOO) said Tuesday it has selected longtime Warner Brothers executive Terry Semel as its new chairman and chief executive officer. The appointment of Semel ends a month-long search to replace Tim Koogle, who announced March 7th that he would step down. During the search, Yahoo was reportedly rebuffed by a number of ...
When does e-mail become spam, the universally hated, unsolicited bulk commercial e-mail that clogs in-boxes and frustrate Web surfers? Is it as simple as getting permission? More importantly, do the rewards of e-mail marketing outweigh the potential risk of alienating existing customers? A number of factors are likely to impact how widespread e-ma...
Describing 2000 as a "brutal year," Amazon.com (Nasdaq: AMZN) chief executive officer Jeff Bezos told his company's shareholders that the long-range outlook for e-commerce remains rosy, with 15 percent of all retail sales eventually moving online In a letter sent to shareholders Saturday to accompany Amazon's annual report, Bezos also acknowledged ...
As we comb through the dot-com rubble, we come across a lot of failed e-commerce companies that had everything going for them but nevertheless missed the mark. They faced bad timing. Bad management. Bad luck. Some combination of the three. And then there are all the dot-com ideas that never should have gotten boatloads of venture capital in the fi...
The decision by urban-delivery pioneer Kozmo to abruptly shut down came after a frantic but failed attempt to find as little as US$3 million to sustain limited operations, according to a report published Friday. The VentureWire newsletter reported that Kozmo executives spent most of the past week working the phones and pounding the pavement around...
Online delivery service Kozmo abruptly announced that it is shutting down Wednesday after nearly three years in business, leaving 1,100 people out of work in nine U.S. cities. Kozmo said the shutdown was effective late Wednesday and that all but a handful of employees, who would be kept on to help close down the company, would be fired immediately...
Autobytel (Nasdaq: ABTL) announced Wednesday that it would acquire its struggling competitor Autoweb.com (Nasdaq: AWEB) in a stock deal worth about US$15 million. The combined company will keep the Autobytel name According to the companies, the combined venture will have annual revenues of approximately $100 million and will bring together 7,000 ca...
The news reports say that Sex, the domain name, is worth at leastUS$65 million. That's how much a federal judge awarded the rightful owner from the pockets of a cybersquatter who made an estimated $40 million inprofit over a five-year stretch The value set raised a lot of eyebrows. After all, conventional wisdomheld that the most expensive domain t...
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