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In a speech given Thursday at the Michigan offices of Visioneering, Inc., Texas Governor George W. Bush lashed out at the high-tech policies of his opponent, Vice President Al Gore, and told the audience that he would be the best man to protect and grow the Internet economy With less than three weeks remaining until Election Day and the race a stat...
As if the e-commerce sector weren't worried enough about the prospect of e-commerce taxes, along came Active Research on Wednesday to say that most Americans would cut back online spending if they had to pay taxes The news quickly wiped away any optimism that sprung up after Senator Joseph Lieberman (D-Connecticut), the Democratic candidate for vic...
According to a survey released Friday by market research firm InsightExpress, online pharmacies are a "prescription for failure." The survey found that 93 percent of online consumers surveyed had never made a purchase from an online drugstore and that 76 percent had never visited an online drugstore site.
More people are shopping online but are spending less money per person, according to numbers released Friday by the National Retail Federation (NRF) and Forrester Research (Nasdaq: FORR) According to the numbers -- which Forrester has been releasing each of the past nine months as part of the NRF/Forrester Online Retail Index -- 15.5 million U.S. a...
Auction giant eBay continues to turn out solid growth and profit numbers, announcing third quarter earnings Thursday showing revenues nearly twice what they were a year ago eBay earned $19.1 million (US$) or 7 cents per share for the three months ending September 30th. A total of $1.4 billion in goods was sold on the site during the quarter, and re...
Even as high-tech companies rethink the scope of their e-commerce investments, optimism about short-term economic and business conditions remains strong, according to a study released Thursday by PricewaterhouseCoopers "By tightening the reins at this time, industry leaders are looking to build upon a recent improvement in profit margins," said Pau...
The Global Internet Liberty Campaign (GILC), a coalition of about 30 civil liberties and human rights groups, is petitioning the Council of Europe to revamp a draft treaty on cybercrime based on charges that it is riddled with measures that threaten online privacy and free speech The Council, an intergovernmental organization headquartered in Stras...
According to a report released Wednesday by research and consulting firm Ovum, the alternative online payment market will reach $126 billion (US$) by 2005 The Ovum study follows a report issued last month by ActivMedia Research predicting that credit cards, which now account for 98.5 percent of all online transactions, will decline to a 90 percent ...
The issue of how much government needs to work with industry to beef up Internet security and keep the New Economy flourishing was debated Wednesday by speakers at the opening sessions of this year's World E-Commerce Forum in London However, there was no debate on how trenchant a problem online security is. Risaburo Nezu, director of science, techn...
Online grocer Webvan Group, Inc. (Nasdaq: WBVN) reported a wider-than-expected loss for the third quarter Wednesday, as the company took steps to consolidate the operations of newly acquired HomeGrocer.com Webvan said it had a pro forma loss -- excluding accounting adjustments -- of $120.2 million (US$), or 26 cents per share, on revenue of $87.4 m...
A pair of bills introduced this week in the U.S. Senate and House of Representatives would make it easier for state and federal officials to crack down on illegal sales of pharmaceuticals over the Internet The Senate bill, known as the Internet Prescription Drug Consumer Protection Act of 2000, was introduced by a bipartisan coalition of senators i...
America Online (NYSE: AOL) said Wednesday that its earnings for the first quarter nearly doubled from a year ago, beating analysts estimates and putting the bellwether firm in a position to help repair the recent damage on Wall Street AOL managed to report record revenue in many segments, including an 80 percent increase in the advertising and e-co...
Officials in Chicago, Illinois have filed a lawsuit to shut down Voteauction.com, a site that lets citizens auction their votes in the upcoming U.S. presidential election to the highest bidder The suit, filed by the Chicago Board of Election Commissioners in Cook County Court, alleges that the site is committing a felony under state and local laws ...
With an eye toward further integrating e-commerce into the everyday routines of consumers, 3Com Corporation released an Internet appliance Tuesday for the "nerve center" of the home The device, dubbed "Audrey," offers one-touch access to e-mail, Web channels, a household calendar, address book, and Palm HotSync technology.
Intel Corp. (Nasdaq: INTC) reported third-quarter results Tuesday that beat analysts' lowered expectations, and said fourth-quarter revenue will grow at a modest rate The Santa Clara, California-based chipmaker said revenue rose 19 percent from a year earlier to $8.7 billion (US$), while income before acquisition-related costs advanced 52 percent t...
Controversial Internet music download site MP3.com has tentatively agreed to pay up to $30 million (US$) to the National Music Publishers' Association (NMPA) and its licensing subsidiary, Harry Fox Agency, for the use of over one million songs on its network, the companies said Wednesday The preliminary three-year licensing deal, which would allow ...
A study released Wednesday by Active Research revealed that the majority of Americans would spend less online if their e-purchases were taxed The Burlingame, California research firm's survey of online shoppers found that 66 percent said that their online shopping behavior would decrease if Internet sales were taxed. More women (71 percent) than me...
Many an e-commerce company has spent untold amounts of time and money making sure their Web sites nail down marquee spots on the results pages of various search engines Consultants have even developed a mini-industry by promising to get companies better placement and by piggybacking small fries onto more popular sites by way of well-placed keywords...
Dominant online auction site eBay (Nasdaq: EBAY) is talking with the major U.S. television networks about creating a show featuring the site's products and the people who put them up for auction, according to published reports eBay has confirmed that it is in talks with the networks, with ABC reportedly a frontrunner in the negotiations. Earlier th...
Speaking before a group of high-tech professionals gathered in Orlando, Florida on Tuesday, U.S. vice-presidential candidate Joseph Lieberman said that, if elected, the Democratic ticket would ward off efforts to impose taxes on e-commerce for the next two to five years The Connecticut senator, who co-sponsored legislation establishing the Internet...
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