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Despite a lengthy shakeout that has considerably thinned the ranks of e-tailers, consumers still face a dizzying array of choices when deciding where they will shop online. But analysts say the once-cluttered market is already starting to become better defined, and the process will only accelerate over time. "It takes time for a company to break o...
EBay was kind enough to remind me this week that if I ever need to buy a boat, that's the place. Or a camper. Or an airplane. That's it, an airplane. I knew there was something missing from my driveway. Good thing eBay jogged my memory. I would have had a hard time trying to fly without one. Maybe it's just me, but if I need to buy something -- es...
A two-year trend of fewer early-stage companies receiving venture funding continued in the first quarter, with total private investment in startups dropping 24 percent, according to a study by the National Venture Capital Association, PricewaterhouseCoopers and Venture Economics. For the first three months of 2002, venture investment fell to US$6....
Hewlett-Packard got the green light late Tuesday from a Delaware court to continue with its plans to merge with Compaq The US$18 billion deal, which is hotly contested by many HP employees and would represent the technology industry's largest ever merger, hung in the balance while the court heard a suit brought by dissident shareholder and former H...
Tech business is getting interesting again. Now, though, the most fascinating developments do not happen in Silicon Valley R&D shops. Neither do they take place in the high-rise offices of venture capitalists. And they certainly are not confined to the deal-making rooms where IPOs are conceived and underwritten.
Credit cards remain the predominant mode of payment in e-commerce, but other online transaction methods have entered the market in recent years. Some of these methods -- such as Flooz, which attempted to emulate online currency -- did not fare well. But another type of transaction system, in which a company serves as an intermediary between buyers...
According to reports, Microsoft is expected to purchase Danish enterprise software company Navision for about US$1.2 billion Navision, one of Europe's leading developers of mid-market enterprise software, released a statement Tuesday that avoided any direct mention of the Redmond, Washington-based software giant....
In an effort to vault into the top tier of the crowded online travel field, Cendant has announced it will invest US$40 million in a marketing blitz to promote its Trip.com Web site. Real estate and travel giant Cendant relaunched the Trip.com site in advance of the campaign, saying it more closely integrates its family of offerings. Those offering...
Internet-related companies fired 824 workers in April, marking just the second time in two years that the monthly job loss total has been below 1,000, according to outplacement firm Challenger, Gray & Christmas. The number of job cuts fell 47 percent from March, when 1,549 cuts were announced, the Chicago-based firm found. It has been conducting t...
A couple of years ago, money was no object when itcame to e-commerce. Companies spent lavishly ontechnology in their rush to establish a Webpresence. But the economic picture has changed significantly, and companies now are much more careful when it comes to such spending "The realization has sunk in that while B2C sales aregrowing and will continu...
Instant messaging (IM) can help e-commerce sites capture potential sales, but cost, service and technological hurdles must be cleared before IM can have a major impact, according to analysts. Gartner research director Rob Batchelder told the E-Commerce Times that live, instant help could help e-tailers address the problem of shopping cart abandonm...
In a move that underscores the growing importance of paid search engine results, Yahoo! said it has extended its partnership with pay-for-performance search engine Overture for three more years "Search and paid listings are key growth areas for Yahoo," said Yahoo! CEO Terry Semel, adding that the first six months of the portal's deal with Overture ...
Network Associates (NA) shares tumbled Wednesday, dropping more than 20 percent to US$19, as the security company withdrew its $224 million offer to purchase the 25 percent of McAfee.com it does not already own NA canceled the offer, which it made in early April, after a check of its books during a tax filing found accounting errors that might comp...
Corporate matches made in heaven are rare occurrences.In many cases, merger and acquisition analysts find more fault than forte in company unions Opponents of the much-hyped merger between Hewlett-Packard and Compaq, for example, deride the deal as an exercise in futility.Similarly, some industry watchers puzzle at theviability of Ameritrade's US$1...
Two dozen members of Congress have called on the U.S. Department of Justice (DOJ) to increase its scrutiny of the business practices of controversial travel company Orbitz, raising questions about whether exclusive airfares are provided to the airline-backed site. In a letter to the DOJ, 24 congressmen said Orbitz, which competitors have warned wo...
The Senate Commerce, Science and TransportationCommittee is scheduled to debate a new online privacybill proposed last week by Senator Ernest Hollings (D-South Carolina). The bill would increase consumer privacy on the Web by forcing companies to obtain permission from individuals in order to collect and share information about them....
With a first-quarter net loss of US$54.2 billion, one of the largest ever recorded, AOL Time Warner's earnings news drifted like a black cloud over a week that previously had seemed mostly positive for the technology and Internet industries. The company's woes are attributable in part to the diminishing value of AOL's $106.2 billion purchase of Ti...
It is not an easy time for startup companies. The economymay be starting to recover, but investors are stillleery about pouring money into new businesses, especially in the tech sector In fact, the best advice for would-be entrepreneurs may be to hold off until the economic climate takes a more positive turn....
Lawyers kicked off the trial between Hewlett-Packardand Walter Hewlett, son of company co-founder Bill Hewlett, in Delaware Chancery Court Tuesday. They traded fire over whether HP had misled shareholders in anattempt to get them to approve its US$20 billion merger with Compaq....
Expedia has served up the most solid proof to date that online travel has almost completely recovered from September 11th, beating expectations and registering a profit in the first quarter on revenue that doubled from a year ago. Bellevue, Washington-based Expedia earned US$5.7 million in the first three months of this year, compared with a loss ...
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