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There's a case brewing in Louisiana that mayblow the lid off virtual casinos everywhere The U.S. Department of Justicemaintains that online gambling of all types is illegal inthe United States under the 1961 Wire Act -- andhas been successful in prosecuting Internetgamblers and bookies under that law....
Mirroring a move made by Amazon.com (Nasdaq: AMZN) two weeks ago, Barnesandnoble.com (Nasdaq: BNBN) announced Monday that it will offer free shipping for consumers purchasing two or more items In a jab at Amazon, which raised the prices on some items when it offered to pick up the shipping tab for customers, Barnesandnoble.com said that its "low pr...
Hoping to head off the sharing of movies on the Internet before it reaches Napster-like proportions, seven major film studios have filed a lawsuit in California against Johnny Deep and several business partners backing the Internet file-swapping network Aimster Emily Kuttner, spokesperson for the Motion Picture Association of America, told the E-Co...
Europe quietly took a giant step forward last week, moving a bit closer to the goal of letting consumers shop online without borders. In a reversal of its previous stance, the European Commission announced that it is softening its position on who has the legal authority to govern international e-commerce disputes The move has to do with pre-legisla...
It truly is a Web. Today's e-commerce industry could not have been built without the interconnecting threads of partnerships, affiliate programs, marketing deals and other alliances. However, the Web remains vulnerable in spots. eBay (Nasdaq: EBAY) partnered with Eppraisals.com, only to see that site go under two months later. Investments by Amazo...
Any continued weakness in the European economy could have a major impact on the demand for information technology (IT) products and services over the next three years, according to a report released Monday by IDC The Framingham, Massachusetts-based research firm said that with indicators pointing to the possibility of a more severe downturn in West...
Monster.com parent TMP Worldwide (Nasdaq: TMPW) said Friday it will acquire competitor HotJobs (Nasdaq: HOTJ) in a US$460 million deal that brings the top two Internet job search sites under the same roof. The deal, which has already been endorsed by both boards of directors, is expected to close sometime in the fourth quarter, assuming it receive...
London-based online travel company Ebookers (Nasdaq: EBKR) said Monday it has moved some operations to India, and also opened a customer service call center there, as part of a plan to cut costs and break even by the first quarter of 2002 Ebookers, which is targeting cash-flow breakeven in the fourth quarter of this year or the first quarter of nex...
If the first era of e-commerce was all about survival of the fittest, with all participants operating independently and competing for market share, the new era of online selling may have more to do with collaboration For a number of reasons, it is time for e-tailers, click-and-mortar entities and related professional associations to join forces to ...
For those of you who think that there has been nothing funny about the struggles in the dot-com world this year, the E-Commerce Times begs to differ As we reach the halfway point in a year where nothing has been certain in e-commerce except uncertainty, indulge yourself with a selection of profound absurdities, or absurd profundities, that will mak...
Shareholders at the annual meeting for urban delivery e-tailer Webvan (Nasdaq: WBVN) approved a reverse stock split Friday, in an attempt to get the value of company shares over the US$1 minimum required by the Nasdaq. Webvan said it received a letter from the Nasdaq Listing Panel requiring that Webvan implement the approved exchange, of one share...
Although many businesses have been curbing new technology purchases, the growing demand among consumers for Internet-based support options will help propel a strong spending cycle in the market for such services, according to a report released Friday by Gartner Dataquest The Stamford, Connecticut-based research firm found that over the next two yea...
The war to win the clicks of online travel shoppers continues to sizzle,with two major airlines touting their ability Friday to use theInternet to reach customers directly Northwest Airlines (Nasdaq: NWAC) said it would give customers the abilityto change their own flights through its Web site or through airport-basedInternet kiosks. The service is...
Yahoo! (Nasdaq: YHOO) continued its ongoing transformation into a full-fledged media company with the announcement Thursday that it is acquiring online music provider Launch Media (Nasdaq: LAUN) for approximately US$12 million Webnoize director of research Lee Black told the E-Commerce Times that the deal will likely benefit both companies....
Pitney Bowes (NYSE: PBI) and former online postage provider E-Stamp (Nasdaq: ESTM) announced Thursday that they have settled all pending litigation between the two companies E-Stamp said the litigation, including claims by Pitney Bowes that E-Stamp infringed on seven of its patents, as well as antitrust counterclaims by E-Stamp, was resolved withou...
The shareholders of Webvan (Nasdaq: WBVN) are assembling Friday. It's not likely to be a happy occasion, since a share of the company's once impressive stock can now be had for about one thin U.S. dime. We'll have to wait and see how shareholders react. Annual meetings are usually fairly polite events. Maybe investors find it difficult to flog the...
On January 3rd, when the U.S. Federal Reserve cut its targets for key interest rates for the first time this year, analysts said companies would begin to see the results of lower borrowing costs in about six months, as the lower rates would spur corporate spending Technology was supposed to be a key beneficiary, as companies were supposed to take ...
Online auction sites racked up record revenues of US$556 million in May -- a 149 percent spike from their $223 million in sales in May 2000 -- according to a report released Thursday by Nielsen//NetRatings and Harris Interactive "Auctions have grown from a niche clientele of collectors to become a mainstream vehicle for online purchases," NetRating...
Yahoo! (Nasdaq: YHOO) inked a deal with Akamai Technologies (Nasdaq: AKAM) on Wednesday that will allow the Internet portal to deliver geographically targeted, local advertising to Web surfers Santa Clara, California-based Yahoo! plans to use Akamai's targeting technology, called EdgeScape, to pinpoint a surfer's geographic location. Yahoo! said th...
E-commerce service provider Beyond.com(Nasdaq: BYND) announced Wednesday that it will now be known simply as Beyond, after shareholders approved the name shortening as part of a plan to shift away from e-tailing The name change, said president and chief executive officerRon Smith, reflects the change in Beyond's core business....
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