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Businesses around the world that have established Web sites can expect to see the proportion of revenue they receive from Internet-generated sales to double in 2001 from 2000, according to data released Thursday by IDC "The value of sales influenced by the Internet is growing," said the Framingham, Massachusetts-based research firm....
Web portal Yahoo! (Nasdaq: YHOO) said Thursday that its decision to charge listing fees for auctions on its site has resulted in a higher percentage of auction items being sold and a higher sales price for each item. Over the past five months, the percentage of items sold has risen to 31 percent for all auctions, 51 percent for featured auctions a...
Government agencies, fighting red tape, have not embraced e-procurement as rapidly as their private counterparts, according to a report released Thursday by Jupiter Media Metrix The study found that despite the best efforts of the Clinton administration to promote e-procurement, 1 percent of government spending occurred over the Internet in 2000 an...
Despite the heavy losses realized by venture capital firms in the dot-com shakeout, analysts say that there is actually a great deal of capital available in the VC market for both startup and later-stage funding. However, even with a renewed spark of optimism in the e-business sector, many observers agree that scars from failed e-commerce investme...
Within the next few weeks, the U.S. Department of Commerce, in partnership with IBM (NYSE: IBM), is scheduled to launch a new business-to-business (B2B) e-marketplace to help U.S. sellers hook up with foreign buyers Dubbed BuyUSA.com, the new marketplace will particularly help small and mid-sized enterprises (SMEs) find international buyers and dis...
Two of the world's largest media industries have notfigured out what to do with each other Movies and the Internet, arguably the two mostpopular entertainment and commerce vehicles, somehowcan't seem to find a way to shake hands....
Bertelsmann AG announced another addition to its online music empire Wednesday, saying it has acquired Internet music collection service MyPlay.com Bertelsmann said MyPlay's digital locker and music subscription technologies will be integrated into the company's new digital technology division, BeMusic. According to Bertelsmann, MyPlay is one of th...
UK brick-and-click retailer Tesco this week launched an online service that will allow blind people to shop over the Internet without using special equipment The system, which the company developed along with the Royal National Institute for the Blind (RNIB), uses technology that converts text to speech, describing products on the company's Tesco D...
Job search Web site Monster.com said Wednesday that it is buying competitor FlipDog.com for an undisclosed sum. The acquisition of privately held FlipDog will combine two of the Web's top career sites in terms of the number of job postings and the volume of Internet traffic. It also continues a buying spree by Maynard, Massachusetts-based Monster ...
Job search Web site Monster.com said Wednesday that it is buying competitor FlipDog.com for an undisclosed sum. The acquisition of privately held FlipDog will combine two of the Web's top career sites in terms of the number of job postings and the volume of Internet traffic. It also continues a buying spree by Maynard, Massachusetts-based Monster ...
Job search Web site Monster.com said Wednesday that it is buying competitor FlipDog.com for an undisclosed sum. The acquisition of privately held FlipDog will combine two of the Web's top career sites in terms of the number of job postings and the volume of Internet traffic. It also continues a buying spree by Maynard, Massachusetts-based Monster ...
After a lengthy investigation into the privacy policies of Web information provider Alexa, a subsidiary of Amazon.com (Nasdaq: AMZN), the U.S. Federal Trade Commission (FTC) has declined to take action against the company, Alexa said Tuesday The FTC launched its investigation of Alexa in March 2000 to determine if the company's software improperly ...
No one has ever accused Amazon.com (Nasdaq: AMZN) of being an e-tail slacker. Something's always brewing in Seattle, Washington, with Amazon forever busy striking alliances and announcing new products. But the best business decision that Amazon has made in a while is the one to pull back the reins on Amazon Anywhere, at least for the time being.
The U.S. Federal Trade Commission (FTC) said Tuesday that it has approved a settlement agreement with two adult Websites that had been charged with running deceptive "free trial" offers and placing unauthorized charges on consumer credit cards According to the settlement documents, Voice Media Incorporated (VMI), whichowns and operates several adul...
After setting a record in April, the number of dot-com job cuts fell by 24 percent in May, according to a report released Tuesday by Chicago, Illinois-based outplacement firm Challenger, Gray & Christmas (CGC). John A. Challenger, chief executive officer of CGC, told the E-Commerce Times that the slowing layoff rates could be a sign that dot-com f...
The U.S. government sold more than US$3.6 billion via e-commerce in 2000, topping the $2.8 billion in online sales seen by e-tail giant Amazon, according to a study released Sunday by the Pew Internet & American Life Project and Federal Computer Week "It is a natural evolution for the government to sell directly to the public," said Bill Piatt, dir...
Not content to rest on its laurels as one of the true e-commerce success stories, auction giant eBay (Nasdaq: EBAY) plans to launch a storefronts program in coming months, chief executive officer Meg Whitman told investors Friday. Whitman also told shareholders at eBay's annual meeting in San Jose, California that eBay plans to merge Half.com, the...
Fast-food giant McDonald's (NYSE: MCD) is expanding its use of an electronic system that lets customers pay for their orders using a cash-free keytag system originally developed for Mobil gas stations, a company spokesperson said Monday Operators of more than 400 Chicago-area McDonald's restaurants recently agreed to give their stores the option of...
The opening night showing of "Startup.com" in Los Angeles on May 18th was full of dot-com workers who were probably looking for a chance to laugh in the mirror. Instead, they got socked with raw footage of incompetent people mistreating one another while wasting a lot of investor money. A whole lot of investor money.
Is e-commerce finally and unquestionably here to stay? With rejuvenated stocks, high-profile strategic alliances, television advertisements, and an overall sense of acceptance from consumers and the business community, the arrows point in that direction. By small steps and not the big, noisy leaps and bounds that marked its arrival, e-commerce has...
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