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The U.S. Federal Trade Commission (FTC) plans to examine whether individual states are acting in an anticompetitive way toward e-commerce. According to the FTC, the states' actions might be costing consumers as much as US$15 billion per year. The commission said it will hold a three-day workshop in October to solicit input from representatives of ...
Admitting you're wrong is one of the hardest things to do in life. So it's no wonder that despite a mountain of evidence that the AOL Time Warner merger seems doomed to failure, the marriage continues. Still, for some time -- and more so lately -- cries have been going up, mainly from disgruntled shareholders, for Time Warner to toss AOL onto the ...
The Federal Communications Commission (FCC) has cleared the way for telephone companies to share customer data with associates that hawk communications services -- without first seeking customer consent Earlier regulations governing use of such data had prevented telecom companies from sharing customer information unless they first sought permissio...
Amazon.com has launched the first phase of a Web services offering, giving Web developers free access to Amazon content and features and saying there is more to come. The company said it hopes developers using its tools will enable visitors browsing other sites to buy Amazon products and start Amazon purchases. Developers also can use Amazon conte...
Apple's third-quarter net profit of US$32 million fell far short of the company's original guidance, but still defied the economic slump that has sent many technology companies into a money-losing tailspin. The earnings represent a drop-off from the $61 million net profit Apple reported in the same quarter a year ago. Apple chief financial officer...
Poor Yahoo. First, the company can't produce enough nonadvertising revenue to make analysts and investors happy. And now it appears the company is producing too much nonadvertising revenue So get out the crying towels for Yahoo, right? Not exactly. The company -- which is part portal, media company, services provider, holding company and search eng...
Some ethnic minorities are gaining ground in terms of online presence in the United States, though they still comprise just a fraction of overall Web traffic, according to a new study from Nielsen//NetRatings. According to NetRatings, the number of Hispanic Web surfers jumped from 6.7 million last year to 7.6 million this year, a 13 percent increa...
As the post-merger decision-making process shifts into high gear, Hewlett-Packard (HP) on Monday announced a new software strategy designed to leverage its core assets. The technology titan will focus future development on extending three software suites: HP OpenView, HP Utility Data Center and HP OpenCall Company executives said the decision was b...
Now that the dot-com bubble has burst, sparking a recession that has spread through the U.S. economy and shining a spotlight on corporate business practices, the boom era is facing its share of harsh criticism. But for all the failures that dot-coms brought to the business world, they also were responsible for some truly astounding technological innovations and drastic changes in accepted business models...
Robertson Stephens, an investment bank that helped take Webvan, eToys, Palm, eMachines, Buy.com and a score of other Internet and tech companies public in the dot-com heyday, will be closed after attempts to find a buyer failed. Boston, Massachusetts-based parent company FleetBoston Financial said the decision to close the San Francisco-based firm...
In this economy, eBay's bid to pay US$1.5 billion for online payment company PayPal may seem excessive, even for the likes of the auction giant. And while some analysts said they believe eBay will get its money's worth, others are not yet convinced that the deal is sound Stan Prescott, strategic analyst at Frost & Sullivan, told the E-Commerce Time...
Expedia has rejected a takeover bid from USA Interactive, the online travel service's largest shareholder The snub was not entirely unexpected. Many company officials and shareholders had denounced USA Interactive's intentions to buy the remaining 37 percent of Expedia. USA Interactive head Barry Diller had extended a bid for the company in June an...
In a Delaware court earlier this week, Kathleen Rooney, a PayPal shareholder, filed a complaint related to eBay's acquisition of PayPal. The complaint, which was followed by another lawsuit filing by shareholder Louis Crespo, seeks class-action status Both suits, filed in Delaware Chancery Court, seek an injunction against the consummation of the P...
Dell Computer on Thursday raised its revenue and earnings estimates for the second quarter, crediting growth in the U.S. education, government and consumer business markets. The company's announcement buoyed the tech-heavy Nasdaq after a string of dismal trading days in the overall market Dell said it now expects second-quarter revenue will total U...
In the not-too-distant future, e-commerce technology not only will become smarter and faster, but could completely transform the way companies deal with internal information and customer service Moreover, industry experts say technologies in the pipeline -- such as interactive company portals that can communicate with other portals in real-time -- ...
Fearing a monopoly by cable broadband companies and a resultant loss of freedom of speech, civil liberties groups said they will fight federal measures that would let cable Internet providers retain control of their networks and bar competing Internet service providers (ISPs) from using their lines The American Civil Liberties Union and other group...
A Canadian government agency has cleared Amazon.com to sell books through its newly launched Canadian Web site, saying the e-tailer is not subject to a law that regulates foreign investment in booksellers. The Department of Canadian Heritage issued a statement Wednesday saying that Amazon's Canadian site is exempt from provisions of the Investment...
Yahoo! reported Wednesday that its second-quarter earnings and net income increased compared to year-ago results, with online advertising revenue still accounting for the bulk of the company's income The portal giant reported second-quarter earnings of US$225.8 million, a 24 percent increase over the same period last year. Net income totaled $21.4 ...
Before last spring, Major League Baseball's Internet efforts were as far-flung and varied as the league's 30 teams. And by and large, they struck out with Web surfers But since relaunching MLB.com in April 2001 and bringing all of the teams' home pages under one roof, baseball's Web efforts have been a game-winning home run by all accounts.
Ask Jeeves has joined forces with 24/7 Real Media's search engine marketing division to launch a paid inclusion service called Index Express Index Express, which has been positioned as an Ask Jeeves service, will match search queries from users "to the highly relevant deep content on an advertiser's Web site," according to Doug Wagner, president of...
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