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The U.S. Federal Trade Commission (FTC) and the Department of Commerce released a report Wednesday recommending that Congress take no action to amend the digital signature law, also known as the Electronic Signature in Global & National Commerce Act (ESIGN), which was signed by President Bill Clinton a year ago. "It is reasonable to conclude that,...
E-commerce industry insiders and pundits are acting out their own version of the reality TV show "Survivor," wondering aloud which dot-com is going to be the next player kicked off the Net. Some companies are obvious candidates for banishment, while others, such as those in the online pharmacy industry, stand poised at the edge of the cliff, ready...
Established professional Internet services companies have the best opportunity to gain market share in a shifting environment -- despite the flexibility and creativity of their emerging and mid-level competitors -- according to research released Wednesday by IDC "Customer requirements are changing in the Internet services market," said IDC senior a...
A group of e-commerce trade associations and Internet companies -- including auction giant eBay (Nasdaq: EBAY) and mega-travel site Orbitz -- launched a new coalition called NetChoice on Wednesday, with support from U.S. Senator Joseph Lieberman (D-Connecticut) and U.S. Representative Jerry Weller (R-Illinois). NetChoice plans to represent the int...
Nine major European air carriers unveiled plans Tuesday to launch a new online travel service that will sell flights and related travel products to consumers The joint venture, which has been named Opodo, is backed by the consortium of Aer Lingus, Air France, Alitalia, Austrian Airlines, British Airways, Finnair, Iberia, KLM and Lufthansa....
The ability to research products, compare prices and choose from a wide selection of comparable goods are the main reasons behind Internet user decisions to purchase online, according to the results of a survey released Wednesday by Yahoo! (Nasdaq: YHOO) and audience-measurement firm ACNielsen By contrast, the study said that reluctance to enter cr...
U.S. Congressional lawmakers in the House Energy and Commerce Committee are calling upon some of the Internet's biggest e-tailers to help prevent online auction fraud In a letter sent to Web giants Amazon.com (Nasdaq: AMZN), Yahoo! (Nasdaq: YHOO) and eBay (Nasdaq: EBAY) on Monday, committee chairman Billy Tauzin (R-Louisiana) asked the chief execut...
The number of dot-com job cuts fell for the second month in a row and reached the lowest point since November, according to a report released Tuesday by Chicago, Illinois-based executive search firm Challenger, Gray & Christmas (CGC). CGC reported that 31 percent fewer employees got pink slips from their dot-com employers in June than in May. A to...
The online auction world shrugged its collective shoulders when two of the biggest competitors of Internet auction powerhouse eBay (Nasdaq: EBAY), Yahoo! Auctions and uBid, announced that they had made a deal to share listings. The blase reaction proves how entrenched and invincible eBay has become. Right now, it appears that eBay's fiercest compe...
Amazon.com (Nasdaq: AMZN) said Tuesday it had struck a partnership designed to beef up its ability to stream audio, video and game clips as a way of improving the shopping experience for its customers. "Digital media streaming has enormous long-term potential for online retail," said Jeff Blackburn, general manager of Amazon's Worldwide Digital Gr...
Many U.S. airlines are now offering consumers discounts for making travel reservations over the Internet On Tuesday, Orlando, Florida-based AirTran, the low-cost airline formerly known as ValuJet, said it would give 5 percent off to travelers who book their trips through the company's Web site, AirTran.com....
Controversial song-swapping site Napster announced Tuesday that it has signed a worldwide licensing agreement with the UK's Association of Independent Music (AIM) and the Independent Music Companies Association (IMPALA). The agreement authorizes Napster's use of hundreds of thousands of tracks belonging to over 150 independent record labels in the...
If it feels as if the summer is already racing by, consider how the legislators on Capitol Hill feel. October is just around the corner, and that means somebody has to do something about Internet taxes October is the month the current moratorium on Internet taxation expires. Unlike so many other issues our legislators contemplate, the debate over N...
Worldwide spending on Internet services reached almost US$22 billion in 2000, according to a report released Monday by IDC "As a result of the dot-com bubble burst, there's been much speculation that the opportunity for Internet services firms has evaporated," said Pooneh Fooladi, senior analyst with IDC's Internet services research program. "In fa...
In Part 1 of a two-part series, the E-Commerce Times began to dispel the seven deadly myths of business-to-business (B2B) e-commerce. Analysts told us that, contrary to what many people think:...
UK retailer Tesco said Monday it will enter the U.S. online grocery market, buying a stake in the e-tail business of supermarket chain Safeway (NYSE: SWY) Tesco said it will pay approximately US$22 million for a 35 percent stake in Safeway's GroceryWorks online subsidiary, enabling the U.S. company to expand its Internet business....
E-commerce firms, among others, have yet to grasp the full value of Internet advertising because many do not recognize the overall impact that online branding can have, according to a report released Monday by Jupiter Media Metrix (Nasdaq: JMXI). Businesses that judge advertising campaigns solely on their ability to generate visits to Web sites, o...
In a bid to tap small but lucrative business markets, Amazon.com (Nasdaq: AMZN) announced Monday that it is launching a software licensing unit that it says will enable customers to save up to 20 percent off full retail pricing According to the e-tail giant, the venture will also enable business owners to reduce the expense and overhead costs assoc...
Several companies that used bogus "rebate" checks to con consumers into signing up for Internet yellow page listings agreed to settle U.S. Federal Trade Commission (FTC) charges that their operations were deceptive and violated federal law, the FTC said Friday "Consumers in many areas of the United States have suffered substantial monetary loss as ...
By many accounts, the future of e-commerce has less to do with selling CDs and books online to consumers, than it does with selling transformers and rivets via the Internet to other businesses Ninety percent of all e-commerce conducted in 1999 involved online business-to-business (B2B) deals, according to the U.S. Department of Commerce. Additional...
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