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With Canadian e-commerce players looking at an "enormous" expansion in online activity over the next five years, those thatdo not outsource their Internet technology needs are likely to run into a host of technological stumbling blocks, according to a study released Monday by ForresterResearch Because the country's online economy is set to reach hy...
Texas Instruments (NYSE: TXN) fell to US$29.26 early Monday, down 89 cents, after the semiconductor company lowered its expectations for first-quarter results, saying a slumping economy "is continuing to constrain demand for technology products." Following the announcement, Merrill Lynch reportedly downgraded Texas Instruments' near-term investment...
Research In Motion (Nasdaq: RIMM) was upUS$2.63 at $43.63 in morning trading Monday, after the maker of the BlackBerry wireless e-mail communications device announced what it calledits "first major European supply agreement." Research In Motion, based in Waterloo, Ontario, said it will supply UKmobile telecommunications operator BT Cellnet with Bla...
Intel (Nasdaq: INTC) was down US$1.13 at $28.81 in morning trading Monday, erasing an early gain after the chipmaker said it agreed to acquire VxTel, a privately held semiconductor company, for about $550 million in cash Intel, the second-most actively traded issue on the Nasdaq Composite Index in the morning, was as high as $30.70 before falling b...
Despite the ongoing dot-com shakeout, Web merchants who follow a five-part plan to satisfy customers have a chance to succeed and reach profitability, according to a report released Monday by the Boston Consulting Group (BCG) The report, "Winning the Online Consumer 2.0: Converting Traffic into Profitable Relationships," found that most online reta...
Oasis, a consortium including IBM, Hewlett-Packard and Sun Microsystems, announced Thursday that it will start to integrate a competing e-commerce standard being developed by Microsoft The consortium, which is working under the auspices of the United Nations to develop a standard for e-business transactions, said that "efforts are now underway to i...
On the business scorecard, it wasn't much of a victory for Barnesandnoble.com -- and it may only be a fleeting one at that. But in reality, the decision to lift the preliminary injunction against Barnesandnoble.com using Amazon's 1-Click technology is a victory for common sense. And if Barnesandnoble.com ultimately prevails in the case, the decisi...
Internet auctioneer eBay will be looking for more than the usual exposure when it combines with its real world auction arm, Butterfields, to auction a series of five nude Marilyn Monroe photographs online in March Not only will the results of the auction go a long way toward determiningthe viability of auctioning high-ticket items online, it will m...
After a week of being dogged in the press over its declining number of auction listings, Yahoo! (Nasdaq: YHOO) released numbers Thursday indicating that remaining users now have a better chance of selling their merchandise Brian Fitzgerald, senior producer of Yahoo! Auctions, told the E-Commerce Times that in the month since Yahoo! began charging l...
Despite the shakeout that has led to the closure of Web sites selling such items as furniture, garden supplies and pet food, there is one e-tail sector that is on fire: Web-based tobacco sales Online cigarette merchants are apparently thriving, but the budding industry faces more than one legal hurdle.
If there is a single issue that threatens to stop e-commerce development in its tracks, it is the issue of which country has jurisdiction over disputes concerning cross-border electronic transactions The technology design that drives electronic commerce does not recognize things like cultural differences, governmental wranglings and border conflict...
In its fourth-quarter earnings report issued Thursday, Stamps.com saidit is sticking to earlier projections that it will be operating in the blackin the first quarter of 2002 "The initiatives we've put in place in the fourth quarter of 2000 and thefirst quarter of 2001 have put us in an even stronger position to achieveour financial goals of profit...
VerticalNet (Nasdaq: VERT) fell to US$3, dropping 53 cents, in morning trading Friday, after the e-commerce companyreported a wider loss for the fourth quarter ended December 31st and saidit expects a loss for the current quarter as well Credit Suisse First Boston reportedly downgraded VerticalNet to buy fromstrong buy following the news....
Sun Microsystems (Nasdaq: SUNW) dropped to US$20.44 Friday morning, losing 38 cents, amid reports that management lowered its targetsfor sales and earnings in the current quarter Sun officials reportedly told investors in a conference call after the closeof trading Thursday that the company will earn 7 to 9 cents per share in thethird quarter endin...
Computer e-tailer Outpost.com (Nasdaq: COOL) said Friday that its recent decision to start charging for shipping is already helping its bottom line Outpost said that in the three weeks since it abandoned its free overnight shipping policy, it has seen an increase in the average order size. That, in turn, has helped eliminate "small unprofitable ord...
The United Kingdom and Canada digitally signed a pact Thursday promising to cooperate on developing e-commerce and e-government initiatives "It is through collaborative efforts such as this that we cultivate a secure environment for the growth of electronic commerce," said Brian Tobin, Canadian Minister of Industry.
Some of the undergraduate college students I teach missed class the other night. I'm guessing that it was not a coincidence that they skipped out the day aU.S. federal court had signaled the imminent shutdown of Napster My best guess is that some of them were making their lastdesperate downloads of free music from the onlinemusic sharing service be...
The Internet is fast becoming a mecca for drug traffickers who use it to unlawfully peddle controlled substances, the United Nations' International Narcotics Control Board (INCB) said Wednesday in its annual report The report said that some online pharmacies "explicitly" advertise that they provide drugs without prescriptions, or that the pharmacy ...
With record sales undermined by staggering losses, Internet grocer Peapod.com has issued a warning that it would run out of cash by the end of the year ifit does not secure additional financing. The e-tailer posted record fourth-quarter sales of $US23.7 million in its earnings report issued Wednesday. However, the company also was hit with its big...
Vivendi Universal and Sony Music, two of the most dominant players in the music industry, said Thursday they will soon compete directly with Napster by launching a digital music site of their own. Known as Duet, the site will be based in San Francisco, California and offer both subscription and pay-for-listen options.
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