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Online travel company Expedia.com (Nasdaq: EXPE) announced Monday that revenue for the fourth quarter ended June 30th more than doubled from the year-earlier quarter, saying that demand for the company's services rose as a weak economy led travelers to search the Internet for bargains The company also reported higher earnings before items and a sig...
Memo to online advertisers: Keep pushing the envelope, as long as it's in the right direction Yes, you're going to make some people unhappy as you take up more of the screen with your Web ads. But even with larger advertising in place, the ads on the Internet are still a far less intrusive than television ads that hit viewers smack in the middle o...
As one of the Internet's largest providers of hardware and software, Sun Microsystems (Nasdaq: SUNW) helps customers "dot-com" their enterprises and computer environments. Since the company's inception in 1982, the four-person startup has built up a workforce of more than 37,000 employees in 170 countries, and a pro forma net income of US$1.45 billion for the fiscal year 2001...
Scott Anderson, Sun's director of eMarketing, recently talked with the E-Commerce Times about how Sun's online marketing efforts leverage the company's vision of technology working for the consumer, rather than the other way around. To return to Part 1 of the interview, please click here....
GoTo.com (Nasdaq: GOTO) announced Monday that it will spin off its auctions unit into a self-contained auction service provider called ChannelAdvisor. Most recently, ChannelAdvisor has operated within GoTo, helping create e-marketplace brand presences on such sites as eBay (Nasdaq: EBAY), Yahoo! (Nasdaq: YHOO) and Amazon.com (Nasdaq: AMZN)....
Securities analysts, once regarded as independent authorities on the value of publicly traded companies, are finding their statusdiminished amid investor lawsuits and reports of conflicts of interest, particularly regarding cases involving high-tech stocks Merrill Lynch's recent $400,000 settlement with a former client who alleged he was misled abo...
Amazon.com (Nasdaq: AMZN) and Toysrus.com extended their year-old brick-and-click marriage Monday, launching a co-branded children's learning site, Imaginarium.com. The site, which features educational toys and games for children, along with parent and teacher recommendations, is the third online effort the two companies have taken on together. Am...
National discount retailer Kmart (NYSE: KM) and its online unit, BlueLight.com, announced Monday that they have teamed up to launch a new unlimited access Internet service plan for US$8.95 per month San Francisco, California-based BlueLight said the service, which is aimed at both new users and its 7 million-plus subscribers, is the lowest-priced m...
Internet portal Yahoo! (Nasdaq: YHOO) announced Monday that it will soon launch a new co-branded version of its person-to-person (P2P) payment system, Yahoo! PayDirect, that will be powered by London-based banking giant HSBC Holdings (NYSE: HBC) "With this agreement, HSBC becomes our global financial partner, helping ready us for our next phase of ...
European online travel giant Ebookers (Nasdaq: EBKR) on Monday reported a 91 percent surge in gross sales for the first half of this year, and repeated its goal of reaching cash-flow profitability by the end of 2001 or the first quarter of 2002 Ebookers said sales for the second quarter ended June 30th climbed to 48.7million pounds (US$69.3 million...
Some saw it as the greatest test of middle America's potential to shift its collective buying behavior online when Wal-Mart (NYSE: WMT) and Kmart (NYSE: KM) debuted splashy Web sites. Whatever the cause, Walmart.com and BlueLight.com have not lived up to expectations. Not so unexpectedly, Kmart announced it would buy all shares of BlueLight.com th...
Dot-com firms announced 8,697 job cuts in July, the lowest monthly figure since October 2000 when 5,677 jobs were lost, according to a report released Friday by executive search firm Challenger, Gray & Christmas (CGC). "I think the decline suggests that we are in the latter phase of the shakeout," CGC chief executive officer John A. Challenger tol...
In mid-April, two days after Yahoo! announced plans to lay off 12 percent of its workforce in the face of a prolonged advertising slump, fellow portal iWon.com gave an Atlanta, Georgia man a US$10 million prize iWon, which lures Web surfers and shoppers to its Internet gateway with promises of potential riches, then said it would raise the stakes i...
IBM (NYSE: IBM) said Thursday it is now offering over 30 new Web hosting packages aimed primarily at the small-to-medium business market. The fully-managed programs provide pre-packaged, ready-to-operate services for both e-commerce security and infrastructure, the company said....
This could well go down in history as the summer the U.S. government finally woke up and recognized electronic commerce as something more than a passing fad As the headlines harp on with the theme of dot-com mayhem and new economy crisis, the government is quietly increasing its role in the development and promotion of online selling....
Streaming media company RealNetworks (Nasdaq: RNWK) announced late Thursday that it is laying off approximately 15 percent of its workforce, or 140 employees In addition to the layoffs, Seattle, Washington-based RealNetworks said it would make "significant reductions in discretionary spending." The company said the steps would allow the company to ...
Online car company Autobytel (Nasdaq: ABTL) reported a revenue drop and widening losses for the second quarter ended in June, saying a weak economy caused dealers to curtail their online marketing programs New products and stepped-up dealer communications, along with a plannedacquisition, should help results in future quarters, the company said....
Last week, the Internet Advertising Bureau released several studies backing up the argument that when it comes to online advertising, bigger is better. But is it that simple? Analysts say that while the evidence is mounting that larger ads get results, there are still many unanswered questions, including how long the new ads will be able to retain...
Hewlett-Packard (NYSE: HWP) currently offers its products and services -- including printers, computers, handheld devices, servers, software, electronic payment solutions, and consulting services -- to customers in more than 120 countries The Palo Alto, California-based company sells directly to consumers via real world stores, as well as through i...
Pop-under advertisements -- ads that appear in a separate window on a computer screen, then quickly move to the bottom of the screen -- are ineffective at luring buyers to the advertiser's site, Jupiter Media Metrix (Nasdaq: JMXI) said Thursday In fact, said Jupiter, advertisers that rely too heavily on the ads run therisk of turning off potential ...
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