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Online travel sites are facing fast-rising competition from the airlines themselves and must move quickly to guard their turf, according to a report released Wednesday by Jupiter Media Metrix. Jupiter said that in recent months, airline sites have gained more visitors and captured a larger portion of the advertising being spent on travel sites. Tr...
Despite an accelerating rate of e-tailer closures, e-commerce spending in Canada increased by 73.4 percent in 2000 over 1999, according to a study released Tuesday by Statistics Canada (Statscan), Canada's census agency The increase occurred even though five Canadian companies shut down their e-tailing operations for every two that started selling ...
Although many government bodies are taking steps to implement onlineservices, a report released Tuesday by consulting firm Accenture concludes they still have "a long way to go." The study, "Rhetoric vs. Reality - Closing the Gap," found that only in rare cases can businesses conduct transactions with government entities via the Internet....
Thousands of UK e-tailers may be breaking the law by failing to comply with the Data Protection Act, a report released Tuesday by the London Chamber of Commerce (LCC) said The Data Protection Act of 1998 requires that Web sites inform visitors how information that visitors provide will be used, and that Web sites keep data secure and refrain from s...
If you blinked last month, you might have missed a small item in the news about venerable entertainment trade publication "Variety." The company's Web site, Variety.com has started charging users for content. Surprised? Why? Because suddenly words are not free on the Internet any longer? Get used to it....
I'm all for grass-roots efforts to boost awareness of the greatness of the Web, but "Back the Net Day"? Why not just call it "Back Away from the Net Day"? Nothing is more repulsive than desperation, and this effort makes it sound as if the Internet is sticking its hand up one last time before going under for good.
Troubled Internet consultancy MarchFirst (Nasdaq: MRCH) announced Monday that it will lay off 1,700 employees, or 30 percent of its staff The company also said that it was selling some of its operations to Divine (Nasdaq: DVIN), a Chicago-based Web enterprise software and services firm, in a deal that could be worth up to US$120 million....
E.piphany (Nasdaq: EPNY) was down US$1.75 at $8 in morning trading Tuesday, after lowering its outlook for the first quarter ended March 31st The San Mateo, California-based maker of customer relationship management (CRM) software said it expects a loss of 40 cents per share, before amortization of goodwill and stock-based compensation, on revenue ...
Inktomi (Nasdaq: INKT) was down US$2.40 at $3.82 in morning trading Tuesday, after the software maker joined others in the Internet industry in lowering its outlook for the quarter just ended and announcing plans to cut jobs "Economic conditions in the United States and Europe have declined more quickly than we had initially anticipated, forcing us...
Under pressure brought on by the softening online advertising market, Internet powerhouse Yahoo! (Nasdaq: YHOO) announced Monday that it will start offering premium financial services and content for a monthly fee According to the Santa Clara, California-based company, the new service willstream unlimited real-time stock quotes and financial news d...
Internet powerhouse eBay (Nasdaq: EBAY) is gearing up to move beyond its auction listings base with an e-commerce hosting service, according to a report published Monday in an industry journal The new venture, which would be rolled out within several months, reportedly would allow businesses to set up branded fixed-priced storefronts on eBay's Web ...
Although the number of electronic income tax returns filed through the first week of March in the U.S. rose 36 percent compared to last year, many more consumers are spurning online tax filing methods because they do not provide enough security, ease and versatility According to the U.S. Internal Revenue Service (IRS), more than 35 million people f...
Ameritrade (Nasdaq: AMTD) fell 16 U.S. cents to $5.13 Monday morning, after the online brokerage said it would cut about 170 jobs -- reportedly 7 percent of its workforce -- in coming weeks Most of the jobs being eliminated are at call centers in Omaha, Nebraska, and Fort Worth, Texas, according to Ameritrade. The company said that the move would n...
Priceline.com (Nasdaq: PCLN) picked up 69 U.S. cents to $3.22 in morning trading Monday, after reaffirming its financial targets for the first half of this year Priceline, the Norwalk, Connecticut, travel services e-tailer, said that results for the first quarter will probably come in at the "favorable end" of the forecast it gave in February for a...
A single act of "economic mass victimization" is likely to hit a broad spectrum of e-commerce customers in the next two years, according to a report released Friday by Gartner Stamford, Connecticut-based Gartner said that the theft will occur in small amounts over a widespread base and go undetected by law enforcement, due to a lack of adequate pre...
Art Technology Group (Nasdaq: ARTG) fell US$4.25 to $7.75 in morning trading Monday, after the e-commerce software maker said that it expects a wider loss for the first quarter ended March 31st as customers cut back on technology spending While revenue for the quarter likely rose to $40 million to $42 million from $21.6 million a year earlier, the ...
Despite the general reluctance of Canadians toshop online, there are new signs of e-commerce growth in Canada "Towards the end of this year, we'll really start to see the critical mass(in Canada) starting to adopt online shopping, and on the business-to-business side as well we expect a lot of growth," Forrester Research analyst Jordan Kendall told...
In the midst of a losing season on the business pages, can high-tech companies swing a ninth-inning rally on the sports pages? Opening Day for major league baseball is upon us, meaning that All-Stars like Pedro Martinez and Sammy Sosa will not only roam the hallowed grounds of Fenway Park and Wrigley Field -- but Qualcomm Stadium and Network Associ...
Somehow, eBay is trying to put a fairness spin on news that it is going to offer sellers the option of buying banner ads on the site. But it hard to imagine how this plan could do anything other than tilt the playing field in favor of professional, high-volume sellers and away from the hobbyists who have been eBay's bread-and-butter from Day One.
Corel (Nasdaq: CORL) improved 13 U.S. cents to $2.44 in morning trading Friday, after the software maker said it turned a profit in the first quarter ended March 31st The Ottawa, Ontario-based maker of WordPerfect said that it earned $534,000, or a penny per share, compared with a loss of $12.4 million, or 19 cents, in the year-earlier quarter.
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