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Automotive e-marketplace Covisint announced Wednesday that it had chosen Kevin W. English, a former Wall Street executive with no automotive experience, as its first chief executive officer, president and chairman of the board Dubbed an "e-commerce leader" by Covisint, English was previously the managing director and CEO for e-commerce at Credit Su...
Published reports stating that Homestore.com (Nasdaq: HOMS) had breached a seven-day old contract with Bank of America (NYSE: BAC) are "absolutely incorrect," a spokesperson for the bank told the E-Commerce Times on Tuesday, an assertion that contradicted comments she allegedly made to the press earlier in the day A week ago, Homestore announced th...
Buoyed by a sharp rise in sales, Internet postage firm Stamps.com (Nasdaq: STMP) said Tuesday it is evaluating a number of revenue-generating measures, including possibly raising its monthly minimum price of US$1.99 for its "simple plan" customers Thought by many to be destined for the dot-com graveyard last October when, in the course of two weeks...
These are rough days for the psyche of e-commerce. Just when a glimmer of sunlight appears, another dark cloud comes out of nowhere. In a way, the up-and-down ride might actually be worse than having only bad news all the time. At least when the shakeout was rolling along, tossing a done-for dot-com off the bandwagon each day, we knew what to expe...
Hewlett-Packard (NYSE: HWP) rose US$1.78 to $31.03 in morning trading Wednesday, even after lowering its outlook for the second quarter ending April 30th and announcing plans to cut as many as 3,000 management jobs Instead of deferring salary increases past a 90-day period put in place in the first quarter, Hewlett-Packard said it will keep expense...
Online book vendor Barnesandnoble.com(Nasdaq: BNBN) announced Tuesday that it is expecting first-quarter sales toclimb to US$109 million, a 23 percent spike from the year-ago period The company said it was able to achieve the increase by keeping itspromotional offers -- such as free shipping and offline advertising -- at aminimum....
Internet portal Yahoo! (Nasdaq: YHOO) said Tuesday it has selected longtime Warner Brothers executive Terry Semel as its new chairman and chief executive officer. The appointment of Semel ends a month-long search to replace Tim Koogle, who announced March 7th that he would step down. During the search, Yahoo was reportedly rebuffed by a number of ...
It was a news item that wasn't fully unexpected, yet it caught some e-commerce industry observers off guard Last week, online delivery service Kozmo locked up its bikes, cashed in its dreams and became another footnote in the work-in-progress version of electronic commerce history....
It was a news item that wasn't fully unexpected, yet it caught some e-commerce industry observers off guard Last week, online delivery service Kozmo locked up its bikes, cashed in its dreams and became another footnote in the work-in-progress version of electronic commerce history....
It was a news item that wasn't fully unexpected, yet it caught some e-commerce industry observers off guard Last week, online delivery service Kozmo locked up its bikes, cashed in its dreams and became another footnote in the work-in-progress version of electronic commerce history....
When does e-mail become spam, the universally hated, unsolicited bulk commercial e-mail that clogs in-boxes and frustrate Web surfers? Is it as simple as getting permission? More importantly, do the rewards of e-mail marketing outweigh the potential risk of alienating existing customers? A number of factors are likely to impact how widespread e-ma...
Despite the common perception that the Internet will play a critical role in corporate purchasing strategies, a report released Monday by the National Association of Purchasing Management (NAPM) and Forrester Research found that 26.1 percent of companies reported a cost savings from their Internet activities for the quarter ended on March 31st. Du...
Amazon.com (Nasdaq: AMZN) picked up 74U.S. cents to $14.77 in morning trading Tuesday, after Goldman Sachs analystAnthony Noto reiterated a market outperfrom rating on the stock Amazon said earlier this month that its loss for the first quarter endedMarch 31st would be narrower thanpreviously thought, due to strong electronics sales....
Although the vast majority of Canadian officials view the Internet as acritical channel for the delivery of services to the public, the online arms of many agencies are failing to create a "seamless"e-government network, according to a report released Tuesday by Forrester Research Spurred by a national e-government initiative, all levels of Canada'...
Unisys (NYSE: UIS) fell US$2.25 to $12 in morning trading Tuesday, after the computer maker reported first-quarter results that were in line with its previously lowered expectations, and said that a weak economy is continuing to keep orders low SG Cowen reportedly downgraded Unisys shares to neutral from strong buy following the company's announcem...
GoAmerica (Nasdaq: GOAM) rose 4 U.S. cents to $2.23 in morning trading Tuesday, after the wireless services provider announced an alliance with the personal computer division of Japan's Fujitsu GoAmerica, of Hackensack, New Jersey, said its Go.Web wireless service will be available on Fujitsu PC's LifeBook notebook and pen tablets. The two companie...
Microsoft announced Monday that it is now offering e-commerce capability to its FrontPage 2000 Webdesign software -- but the storefront options are only being made available to subscribers of bCentral, the software giant's online service center for businesses The Microsoft bCentral Commerce Manager includes templates for an online product catalog, ...
WebMethods (Nasdaq: WEBM) rose US$1.40 to $27.85 in morning trading Monday, after the company said it will provide the software for the ConsumerConnect e-commerce unit at Ford (NYSE: F) Financial terms of the agreement were not disclosed. WebMethods said it will provide a "comprehensive platform to integrate applications with the extended Ford ente...
Describing 2000 as a "brutal year," Amazon.com (Nasdaq: AMZN) chief executive officer Jeff Bezos told his company's shareholders that the long-range outlook for e-commerce remains rosy, with 15 percent of all retail sales eventually moving online In a letter sent to shareholders Saturday to accompany Amazon's annual report, Bezos also acknowledged ...
The U.S. Department of Transportation (DOT) announced late Friday that it has cleared controversial travel site Orbitz to begin operations in June, despite complaints that it will pose an anti-competitive risk The DOT said it had "concluded it did not have evidence that would justify stopping the company from beginning operations." However, the DOT...
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