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Timing is everything in life, so the people who made a movie about the man behind the rise of the one-time Internet phenomenon known as Kozmo.com have to be grinning right now. The movie, "e-Dreams," debuts this week in New York City, and it's likely that some of the 1,100 people who used to work for Kozmo will be among those who see it. They can ...
While automotive Web sites continue to gain traction among Internet users inthe United States, data released Wednesday by Jupiter MMXI found that European consumersare increasingly steering toward such sites to research auto purchases, get directions and secure car loans and insurance policies "The Internet is clearly an established source of infor...
BroadVision(Nasdaq: BVSN) fell 8 U.S. cents to $5.13in morning trading Wednesday, after reporting first-quarter results that,while in line with the company's lowered expectations, were belowyear-earlier levels. The e-business software maker also reportedly announcedplans to eliminate jobs. Reports said that BroadVision plans to cut a total of 500j...
LSI Logic (NYSE: LSI) was at US$19.73, up 23 cents, in late-morning trading Wednesday, after reporting first-quarter 2001 results that were in line with expectations, while at the same time warning of an expected second-quarter loss. Earlier in the morning, the shares slipped as low as $18.83....
The annual uproar among online consumers who try to return merchandise bought via the Internet generally occurs around the Christmas holidays, but some e-tailers make it tough on buyers all year long As someone who frequently shops online, I am highly motivated and persistent when it comes to researching the return policies of various Web merchants...
Online spending climbed to US$3.5 billion in March -- a 36 percent spike from the $2.6 billion seen last April -- as almost half of all Americans made purchases via the Web, according to data released Tuesday by Nielsen//NetRatings and Harris Interactive As part of their latest eCommercePulse, which surveyed roughly 39,000 Internet users, the resea...
JDS Uniphase (Nasdaq: JDSU) fell US$1.88 to $22.30 in morning trading Tuesday, after reporting quarterly results in line with previously lowered expectations and announcing plans to cut 5,000 jobs as part of a restructuring The fiber-optic component maker said that a "global realignment program" will result in charges of $375 million to $425 millio...
Compaq (NYSE: CPQ) dropped US$1.99 to $18.66 inmorning trading Tuesday, after the computer maker reported a drop infirst-quarter net income, warned of more weakness in the second quarter andannounced plans for further cost cuts Company officials reportedly told investorson a conference call that they plan to eliminate 2,000 more jobs thanpreviously...
Check Point Software Technologies(Nasdaq: CHKP) fell US$6.72 to $65.67 in morning trading Tuesday, even after beatinganalyst estimates for the first quarter ended March 31st "We delivered record results in challenging market conditions, demonstratingthe importance of Internet security," said founder and chief executiveofficer Gil Shwed.
Auction leader eBay said Tuesday that it will offer more live auctions, which enable online users to submit bids on traditional auctions around the world. eBay said it will now offer live auctions in 12 categories and, in an apparent bid to generate more interest and traffic, will move the live auctions link to its main home page.
In an effort to build consumer confidence in e-commerce, the U.S. Better Business Bureau (BBB) and two leading European business organizations announced Monday that they are developing a "trustmark" program to provide international standards for Internet transactions The project is being undertaken by the online division of the BBB, as well as the ...
Oracle (Nasdaq: ORCL) fell US$1.82 to $17.93 in morning trading Monday, after Lehman Brothers downgraded the stock to buy from strong buy "Although it's still early in the quarter, we worry that what is typically a seasonally strong quarter for Oracle could prove to be unusually weak, given the tough U.S. macroeconomic environment and potentially w...
SBC Communications (NYSE: SBC) was downUS$1.52 to $38.48 in morning trading Monday, after reporting a drop infirst-quarter earnings and warning that results for the rest of the year maybe hurt by a weak economy The San Antonio, Texas-based Baby Bell said that investments in "growthinitiatives" and a slowing economy resulted in a decline in earnings...
HotJobs.com gained 10 U.S. cents to $3.90 inmorning trading Monday, after the Internet recruitment company announced analliance with Australia's News Corp. (NYSE: NWS) to create an online jobsboard in Australia and New Zealand Hot Jobs, based in New York City, said that its software will power the newbusiness, which will be run by News Corp.'s Care...
Entrust Technologies (Nasdaq: ENTU)picked up 18 U.S. cents to $7.05 in morning trading Monday, after the Internetsecurity company said it found a new president and chief executive officer F. William Conner, 42, joins the company from Nortel Networks, where heworked as vice president of e-business solutions, president of theenterprise division and c...
Entrust Technologies (Nasdaq: ENTU)picked up 18 U.S. cents to $7.05 in morning trading Monday, after the Internetsecurity company said it found a new president and chief executive officer F. William Conner, 42, joins the company from Nortel Networks, where heworked as vice president of e-business solutions, president of theenterprise division and c...
Entrust Technologies (Nasdaq: ENTU)picked up 18 U.S. cents to $7.05 in morning trading Monday, after the Internetsecurity company said it found a new president and chief executive officer F. William Conner, 42, joins the company from Nortel Networks, where heworked as vice president of e-business solutions, president of theenterprise division and c...
A slowing U.S. economy is actually doing some good for online travel providers, which many consumers see as a source of bargains, according to a report released Monday by Jupiter Media Metrix (Nasdaq: JMXI) "Both consumers and businesses are increasingly in search of value fortheir precious travel dollars," said Jupiter analyst Heidi Kim. "TheInter...
For those who think Koogle, Singh, Rubenstein and Mallet is a law firm, Yahoo! (Nasdaq: YHOO) wants you to know otherwise This mighty quartet of international Internet business minds once helmed one of the most powerful new economy companies in the world. Now, all but one, chief operating officer Jeff Mallett, have resigned, and some industry obser...
According to a report released by the European Commission (EC) in late March, less than 5 percent of all European Internet users shop regularly on the Web. Surprisingly, that may be a good thing for e-commerce on the continent. It may be taking Europeans longer than Americans to gravitate toward online shopping, but the numbers also mean that Euro...
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