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If the file download numbers released Tuesday by Webnoize are any indication, Napster fans had better keep their fingerscrossed that Napster's potential deal with MusicNet goes through According to Webnoize, Napster downloads fell 87 percent from February toMay, dropping all the way from 2.79 billion music files two months ago to360 million last mo...
Given Stanford University's proximity to the epicenter of the digital economy, Silicon Valley, it is no surprise that the school would be among the first universities to embrace e-commerce business education. In early 2000, Stanford launched its Center for Electronic Business and Commerce with US$20 million in funding, including backing from eBay,...
State lawmakers in Nevada approved a bill Monday that could make the Silver State the first in the U.S. to legalize Internet gambling. The Nevada Senate vote of 17 to 4 gave the needed two-thirds approval to Bill No. 466. The bill now moves to Nevada Governor Kenny Guinn for his approval....
Countering a flurry of reports that predicted sluggish returns for companies participating in e-marketplaces, a study released Monday by the AberdeenGroup found that online purchasing can provide real benefits to the business-to-business (B2B) firms that embrace it "Enterprises using e-procurement technologies are recognizing enhancedsupply chain v...
Hotels and other businesses in the hospitality industry can make better use of the Internet to market and manage their businesses, according to a report released Monday by professional services firm Andersen While the industry has been a "comparatively slow adopter" of new technologies, the report found that executives do expect over the next few y...
Delivery e-tailer Webvan (Nasdaq: WBVN) started a same-day service for some of its Seattle, Washington customers Tuesday The company said it will test same-day delivery in the Seattle market and then evaluate expanding the service to the other markets it serves....
A sister enterprise of United Airlines (NYSE: UAL) announced Monday that it has signed an agreement to acquire Internet loyalty site MyPoints.com (Nasdaq: MYPT) in a cash deal valued at approximately US$112.5 million United NewVentures, which manages United Airlines' Internet initiatives and investments, said it would use MyPoints' "strong direct m...
It has been almost a year since former President Bill Clinton signed into law the Electronic Signatures in Global and National Commerce (E-SIGN) Act That was the legislation that cleared the way for digital signatures, a move many thought would be pivotal in catapulting electronic commerce into this millennium. Suddenly, everything from auto loans ...
One year ago, Goldman Sachs released a report highlighting 10 well-known e-tailers that were facing a cash crunch and likely to fail within a year, unless they got an infusion of funding or a new business model. As it turns out, Goldman Sachs was half right with its dot-com "Death Watch," which was based on the securities firm's analysis of the ca...
Online retailers are failing to tap into the highly lucrative gift salesmarket by wasting resources on shopping tools and services that are oflittle interest to potential buyers, according to a study releasedMonday by Forrester Research As part of its report on "The Hidden Value in Gift Sales," the Cambridge,Massachusetts-based firm concluded that ...
Web portal Yahoo! (Nasdaq: YHOO) announced Monday it will now offer product ratings and buying guides from Consumer Reports on its shopping site, a move that Yahoo! said will attract more traffic to itsexisting merchants and provide revenue from pay-per-view content sales The deal involves both free buying guides and pay-per-view product ratingsfro...
More than a year after first being announced, controversial travel mega-site Orbitz officially launched Monday Chicago-based Orbitz said that at launch, it already had 175,000 registered users and had sold US$3.5 million in tickets. In addition to airfare, Orbitz offers consumers hotel and rental car reservations and cruise packages....
In addressing the issue of Internet privacy and the handling of data collected in e-commerce transactions, the U.S. Federal Trade Commission (FTC) seems to be employing that old adage: No harm, no foul. If only it were that simple. Instead, by letting Amazon.com (Nasdaq: AMZN) and its subsidiary Alexa off the hook, while acknowledging that the two...
Covisint, the business-to-business (B2B) automotive e-marketplace backed by the major car companies, is taking longer than expected to ramp up -- and experts agree that the delays could mean that Covisint will not be the driving force it had hoped to be Covisint is moving "slower than they should to have the impact they want to," Forrester Research...
Brick-and-click retailer Office Depot on Thursday announced that it is purchasing Officesupplies.com for an undisclosed sum Delray Beach, Fla.-based Office Depot said the acquisition, its first in the online office supplies market, would boost its market share and help it leverage existing infrastructure....
In a boost to the fledgling electronic books industry, the National Book Foundation said Friday it would consider e-books for its prestigious National Book Awards this year for the first time. The National Book Awards, which carry a US$10,000 prize in four categories, are widely considered one of the two highest honors for a single book in the Uni...
Hollywood.com (Nasdaq: HOLL) and CinemaNow announced Thursday that they are creating a new, co-branded pay-per-view movie site scheduled to open in June. The deal gives the smaller CinemaNow a much needed venue for distributing mainstream full-length films. Whether it will help give the overall online movie distribution channel more life is anothe...
Priceline.com (Nasdaq: PCLN) announcedThursday that it is launching a resort getaway service that it claims will save travelers up to 40 percent off typical rates The Norwalk, Connecticut-based company said it was able to introduce the newcategory, which follows its name-your-own-price operating model, by buildinga "critical mass" of hotel properti...
Online travel company Travelocity (Nasdaq: TVLY) on Friday announced an advertising campaign touting the company as "more than just an online travel site." The campaign comes as Orbitz, a travel site backed by five major airlines, prepares to go live later this month. Orbitz, with a reported US$100 million investment from the airlines, could pose a...
The launch of Orbitz is drawing near. And the travel industry, both offline and on the Web, would have us believe that the approaching footsteps it hears are those of a monster, a Godzilla coming to stomp Tokyo into submission. But is it really a monster? It seems to me that only a fraction of the fear being expressed about Orbitz has much basis i...
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