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Online currency provider Beenz.com announcedlate Thursday that its currency would be invalid as of August 26th. The company's collapse comes just one week after rival e-currency site Flooz.com suspended its operations Unlike Flooz, which closed abruptly, Beenz is giving its customers a 10-day notice. The Beenz.com home page says that any beenz rema...
As it steps up efforts to tap new revenue streams, Yahoo! (Nasdaq: YHOO) announced Thursday that it has created an executive management position to oversee its corporate business offerings The Sunnyvale, California-based company said it appointed James A. Fanella to serve as senior vice president for business and enterprise services....
Multinational companies based in the U.S. have a long way to go to ensure the privacy of customer data, particularly data transferred via the Internet, according to a study released Thursday by Andersen. "The reality of today's global economy, especially the use of the Internet as a channel for conducting business, has amplified the need to focus ...
Throughout these pioneer days of e-commerce, the greatest challenge facing the industry has been creating and sustaining consumer need Do consumers need to buy houses, cars and groceries on the Internet? If not now, will they need to do so in the future? Possibly.
Royal Ahold (NYSE: AHO) said Friday it has settled a lawsuit with shareholders of Peapod (Nasdaq: PPOD), clearingthe way for a planned buyout of the online grocer. The settlement, which still must be approved by a judge, makes it possible forAhold to move ahead with its planned purchaseof all outstanding Peapod shares.
With the equivalent of 112 million wire-access lines in place, Verizon (NYSE: VZ) has a lot of marketing to do For example, to help spread word of its arrival -- the result of last year's merger between Bell Atlantic and GTE -- Verizon turned to the Web and the rich media capabilities it offers. Using streaming audio ads, it introduced surfers to ...
Walmart.com, the e-commerce arm of retail giant Wal-Mart (NYSE: WMT), opened an online college bookstore Wednesday, offering students discounts of up to 30 percent on more than 300,000 titles, including textbooks, study guides and graduate school guides "We want students to think of Wal-Mart for all their back-to-school needs, even college textbook...
Egghead.com announced Wednesday that it is selling its assets to Silicon Valley-based brick-and-mortar retail chain Fry's Electronics as part of a Chapter 11 bankruptcy filing. The Egghead Web site will remain open for business until the assets sale is complete, the company said. Fry's, which does not currently offer an online store, is expected ...
Technology support and services firms are leading U.S. small businesses in using and investing in the Internet, but manufacturing firms are a surprising second, according to a report released by IDC on Wednesday. "There has been a lot of guessing (about small business Internet usage)," IDC senior research analyst Merle Sandler told the E-Commerce ...
Sometimes it seems that if e-commerce ultimately emerges victorious as a true contender in the mass market, it will do so in spite of extraordinary obstacles Among them: public distrust, privacy complications, security glitches, under-capitalization, and perhaps most importantly, the need for speed....
Flower seller 1-800-Flowers.com (Nasdaq: FLWS) achieved a profit in its fiscal fourth quarter, as strong Mother's Day sales fueled a 33 percent rise in online revenue, the company said Thursday "Despite what continues to be a very challenging economy for retail companies, during our fourth quarter we were able to achieve a solid rate of revenue gro...
Internet retailer Buy.com (OTC: BUYX) said Tuesday it has cut 50 workers -- approximately 40 percent of its total workforce -- as it reported sharply lower sales figures for the second quarter of 2001. Buy.com said the layoffs took place Monday from its Aliso Viejo, California headquarters. The latest job cuts come on top of the firing of 125 work...
Online music provider MP3.com (Nasdaq: MPPP) said Wednesday it has removed pop-up window advertising and other ads from its music subscription service for which users pay monthly or annual fees MP3.com chairman and chief executive officer Michael Robertson said that MP3.com users "have made it clear that they want to escape pop-up windows." Roberts...
There is a fine line between optimism and blind faith. I know. I am a Boston Red Sox fan and even though the First World War was still raging when they last won the World Series, I believe every spring that this year will be the year. There are apparently some in e-commerce with the same kind of eternally sunny outlook. Some might call it an inabi...
Financial software provider BizCurrency said Tuesday that it is offering foreign currency exchanges for transactions conducted through online business-to-business (B2B) marketplaces "The online foreign exchange capability is a cash-based payment alternative for buyers and sellers on online marketplaces," BizCurrency vice president of strategic deve...
Deborah de Freitas, senior manager of online marketing for Dell Computer (Nasdaq: DELL), recently talked with the E-Commerce Times about how Dell uses the Internet to reach potential customers To return to Part 1 of the interview, please click here....
Deborah de Freitas, senior manager of online marketing for Dell Computer (Nasdaq: DELL), believes that online advertising is the perfect way to sell computers to people accustomed to living in a "hyperlinked world." Dell has grown from a small operation selling computers out of Michael Dell's college dorm room in 1984 to one of the world's largest...
U.S. Internet businesses are not the only ones experiencing a slowdown in the online advertising market, according to a survey released Tuesday by Jupiter MMXI Jupiter found that 42 percent of European advertisers plan to spend only 1 to 5 percent of their entire 2001 advertising budgets online. Jupiter said that those companies might be overly pes...
Internet powerhouse eBay (Nasdaq: EBAY) and media giant AOL Time Warner (NYSE: AOL) struck an expanded marketing agreement that more closely links two ofthe most powerful brands on the Web, and stretches into television and print media. Under the deal, San Jose, California-based eBay will advertise across AOL Time Warner's sprawling media empire, ...
For the third month in a row, electronics e-tailer X10.com saw more traffic than e-commerce heavyweights eBay (Nasdaq: EBAY) and Amazon.com (Nasdaq: AMZN), according to statistics for July released Monday by Jupiter Media Metrix (Nasdaq: JMXI) Propelled by its "pop-up" and "pop-under" advertising strategy, X10.com remained at No. 4 in the monthly r...
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