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A coalition of consumer groups has petitioned the Federal Trade Commission to step up its efforts to ban spam. The Telecommunications Research and Action Center (TRAC), the National Consumers League and Consumer Action told the commission that the sending of unsolicited commercial e-mail should be classified as an unfair and deceptive trade practice...
EBay Real Estate said its "land marketplace" has met with strong demand, with 15,000 parcels of property sold since the offering debuted last year. According to eBay, a parcel of land is sold through its site every 45 minutes. However, several months after eBay held the first-ever live auction of a home on its site, the company continues to be lim...
A few years ago, it seemed that the CIO position could be filled by a wide range of managerial types, ranging from tie-wearing executives to young creatives who favored jeans and sandals These boom-era CIOs were called on to implement creative strategies, especially at dot-coms. They also were asked to hire more IT staff and to run a tech-focused s...
Every code-hogging, patent suit-filing corporation that thinks it has cornered the world on smarts got a reminder this week that it's not always smart to not share your toys The reminder came from Japan, where Sony said it will stop making the Betamax video player, ending its nearly 30-year effort to win market share by hogging all the glory for it...
The worldwide server provider router (SPR) market dipped 7 percent in the second quarter of this year, according to a Gartner Dataquest report Dataquest defines SPRs as carrier-class routers capable of providing multigigabit bandwidth in support of high-speed wide area network (WAN) interfaces. These devices are typically designed for installation ...
A bankruptcy judge has nixed the sale of Napster to Bertelsmann AG, virtually ensuring that the online music service will not reopen its doors anytime soon In the music industry's long war against Napster and other free online file-sharing services, Bertelsmann has been a strong ally and savior, investing US$85 million in Napster while it was opera...
Though they seem to be everywhere on the Internet, pop-up advertisements are used by less than 10 percent of all companies that advertise online, according to a report from Nielsen//NetRatings Between January and July of 2002, companies bought 11.3 billion pop-up ad impressions, but that figure represents just 2 percent of the overall online ad mar...
As scandals at Enron, WorldCom and other U.S. corporations have shown, corporate America is desperately in need of new -- and honest -- leadership One of the most befuddling traits of the Internet economy has been the tendency for companies to recycle executives, no matter how poorly or questionably they have performed, shelling out big bucks in th...
In a move to beef up its security products, IBM has inked a deal with identity management software provider Access360 to acquire all the assets of that company. IBM executives said the acquisition of the privately held firm, which is based in Irvine, California, will strengthen the tech giant's Tivoli software offerings in the fast-growing securit...
Noting that corporate clients appear to be more tight-fisted with their IT dollars, Sun Microsystems lowered its revenue forecast for its fiscal 2003 first quarter, which ends in September In July, the company said that first-quarter fiscal 2003 revenues would be 10 percent to 15 percent less than the US$3.4 billion that Sun posted in the fourth qu...
In some ways, brick-and-mortar companies have it easy. They can study the successes and failures of firms that came before them. When contemplating a new venture, they can leisurely peer at the practices of giant corporations and thriving mom-and-pop operations to decide which strategy to employ In the past, brick-and-clicks and pure-plays have not...
A grand jury has indicted former WorldCom chieffinancial officer Scott Sullivan and Bernard Yates,the company's onetime director of general accounting,on seven counts associated with their roles in the "misplacement" of nearly US$8 billion worth of WorldCom funds The jury handed down one count of fraud against Sullivan, which means he could be sent...
Two new reports have predicted several more years of sustained growth for e-commerce, as well as a strong 2002 holiday season, as online shoppers search for bargains in a languishing economy. Audience measurement firm Nielsen//NetRatings said that while the upcoming season will resemble 2001 in many ways, e-tailers will have additional opportuniti...
If it is true that you get what you pay for, is free Internet access really worth nothing? Companies often say that their free Internet access, Web hosting or e-mail services are designed as entry-level offerings that allow reluctant Web consumers to dip their toes into the online pool before taking a full-fledged plunge. But while most of the once...
It's one of those stories that everyone loves to tell. EBay, as the legend goes, became a billion-dollar global powerhouse after starting off as a place where Pierre Omidyar's wife could sell and buy Pez dispensers A great story. And, as you no doubt know by now, not true. It could have been, but it was merely the fabrication of a public relations ...
EBay has said it will pay US$65 million to buy out Ecorp's share of a joint venture that established eBay's online auction presence in Australia and New Zealand nearly three years ago The buyout, which will require the stamp of approval from Australia's Foreign Investment Review Board, will have no impact on eBay earnings projections for this year ...
Hewlett-Packard on Tuesday reported a US$2 billion third-quarter net loss, which it attributed to a weakened economy and costs associated with the $18.7 billion Compaq merger in May. The company booked revenue of $16.5 billion for the quarter ended July 31st, compared with $18.2 billion in second-quarter revenue on a combined company basis Excludin...
The U.S. Security and Exchange Commission's investigation of fraud at e-mail services firm Critical Path has yielded charges against three former company executives for participating in a plan to fraudulently bolster financials in 2000. Two of the accused have agreed to settle the case The SEC has set its sights on Jonathan A. Beck, former regional...
Well, that pretty much does it. Amazon has to be done slashing its free-shipping threshold. Going from US$99 to $49 made sense, and the move from $49 to $25 is logical, too. But thats the end of the road. From here, all that remains is the final, inevitable step: Amazon has to go all the way and just call it free shipping already....
A few years ago, much content and many services could be had for free, even though the companies providing those services were not posting profits. But then the bills arrived, online advertising revenue dropped, and the free-content providers had to tighten their belts and look for other ways to make money To stay afloat, many of those companies ha...
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