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After some hesitation, Hewlett-Packard (NYSE: HWP) announced Thursday that it will go through with plans to join a consortium of high-tech heavyweights that hopes to create a virtual reference directory for e-commerce The Universal Description, Discovery and Integration (UDDI) project was begun two months ago by Microsoft (Nasdaq: MSFT) and several...
Commenting on a U.S. Federal Trade Commission (FTC) report issued Thursday, chairman Robert Pitofsky said business-to-business (B2B) marketplaces offer "great promise" in terms of cutting costs, better organizing business processes, and improving competition While stating that B2B exchanges do not as a rule raise antitrust concerns, the report note...
You've heard it a million times. In fact, it might be the word that Bill Gates and Steve Ballmer say most often in public. The word, of course, is "innovation." Innovation is what gave Microsoft its absolute dominance in the operating system market, the company has said over and over in defending their company against antitrust claims. Innovation h...
A U.S. congressional appropriations bill amendment targeting online identity theft has angered President Bill Clinton, who threatened Thursday to veto the bill unless the amendment's controversial language is withdrawn The amendment, proposed by Sen. Judd Gregg (R-New Hampshire), would make it illegal to sell or display a Social Security number wit...
Internet real estate company Homestore.com announced Friday that it will acquire Cendant Corporation's Internet real estate portal Move.com in an all-stock deal valued at $761 million (US$) When the deal is finalized, Move.com and its related assets -- including rental listing and apartment finder service Rent.net -- will be integrated into the Hom...
The days of American consumers avoiding sales tax by making their purchases online are numbered, if testimony given before a hearing of the Streamlined Sales Tax Project (SSTP) on Thursday is any indication Although the stated purpose of the SSTP is to "simplify and modernize sales and use tax administration," representatives from the National Reta...
Teens are poised to jolt the Web in the coming years as their focus shifts from fulfilling entertainment needs to honing purchasing and investing skills, according to a study released Thursday by Forrester Research While peer-to-peer driven technologies such as Napster have energized today's Net savvy 16 to 22 year-olds, they will soon take to fina...
Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN) Barnes & Noble's 551 retail stores will be linked with the bn.com Web site by Internet service counters throughout the stores. Customers will be able to cho...
Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN) Barnes & Noble's 551 retail stores will be linked with the bn.com Web site by Internet service counters throughout the stores. Customers will be able to cho...
Although a court ruling may eventually seal the fate of controversial file-swapping service Napster, the company unveiled an official client for the Macintosh on Wednesday Dubbed Napster for the Mac, the software was developed by Blackhole Media, which had already been distributing its Macster clone of the popular service for months. Napster said i...
An online trading exchange backed by such aviation industry giants as American Airlines, United Airlines and British Airways announced Thursday that it will be joining forces with a similar exchange, led by major aerospace manufacturers, in a bid to trim transaction costs between airlines and their suppliers The venture teams MyAircraft.com -- an e...
Too much technology makes you sad, the International Labor Organization (ILO) announced this month I wasn't surprised at the news. Psychologists have been saying it for years, and besides, anybody with any common sense could tell you that staring into a computer screen all day isn't healthy, in the same way your mother told you to turn off the TV f...
Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN) Barnes & Noble's 551 retail stores will be linked with the bn.com Web site by Internet service counters throughout the stores. Customers will be able to cho...
Six months after being rescued from the brink of bankruptcy, online grocer Peapod, Inc. (Nasdaq: PPOD) continues to see increasing financial losses, reporting Wednesday that it fell well short of earnings estimates for the third quarter Chicago-based Peapod said it lost $9.8 million (US$), or 55 cents per share, missing Wall Street estimates for th...
The U.S. Federal Trade Commission (FTC) opened debate Thursday on possible new e-commerce regulations, specifically whether existing laws should apply to software and other types of Internet downloads According to an FTC advisory, the two-day forum will consider how "government, private industry and consumer advocates can work together to ensure th...
A report released Wednesday by the University of California, Los Angeles (UCLA) shows that 58.4 percent of online purchasers believe that online prices are as high as those offline. That percentage jumps to 75.4 percent among online users who do not shop on the Web "The UCLA Internet Report: Surveying the Digital Future," a product of four years of...
Backed by six of the largest U.S. air carriers, Hotwire.com launched its discount online travel site Tuesday in a bid to chip away at Priceline's dominant market share in the burgeoning sector The San Francisco, California-based company received part of its $75 million (US$) investment from American Airlines, America West, Continental, Northwest, U...
Internet users around the world have a greater willingness to buy products and services online than do their U.S. counterparts, according to a report released Tuesday by research firm International Data Corp. (IDC) The firm also predicted that by 2004, many countries -- including Korea, Japan, France, Brazil and China -- will demonstrate significan...
In an effort to promote public trust in Internet transactions, the Better Business Bureau (BBB) and BBBOnLine unveiled the BBB Code of Online Business Practices on Tuesday According to the BBB, the code is designed to guide ethical business-to-customer (B2C) conduct in domestic and international e-commerce transactions, and is already being used as...
Although Canadians are using the Web in ever-increasing numbers, they are among the world's most cautious when it comes to actually purchasing goods and services online, according to a study released Tuesday by American Express (NYSE: AXP) "The 2000 American Express Global Consumer Internet Survey" found that 66 percent of Canadians polled plan to ...
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