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Report: Cybercrime Outpacing Security Spending

Cybercrime is skyrocketing despite increased spending on security measures, according to "The 2000 Information Security Survey," a study released Thursday by Information Security magazine "Results of this survey prove that spending millions of dollars (US$) adopting security practices doesn't guarantee effectiveness," said Andy Briney, editor-in-ch...

Rethinking E-Commerce Gender Demographics

In August, women became a majority of Web users in the U.S. for the first time in history, a milestone for an Internet once considered to be a male-oriented environment. Such demographic turning points generate great media and industry interest because e-commerce companies want to know exactly who makes up the Web audience. But rather than demogra...

U.S. Congress Hosts E-Signature Conference

With a landmark law authorizing the use of e-signatures having just taken effect, U.S. Congressional lawmakers hosted representatives of the budding industry in Washington, D.C., Wednesday and received hands-on demonstrations of the new technology Under the Electronic Signature in Global & National Commerce Act (also known as the E-SIGN law) which ...

Smart Money On Microsoft

If you've been holding off on buying Microsoft stock until the company's antitrust appeal is over, you might want to consider putting your money in a long-term interest-bearing account As for the software giant actually being ripped in half -- I don't recommend putting money on that unless you like playing the long odds.

Web Mortgages Taking Hold in U.S.

Despite consumer concerns over potential lapses in Internet security, 51 percent of Americans believe that most home mortgages will be handled online by 2005, according to a study released Wednesday by financial services giant Fannie Mae The company, which surveyed over 1,600 home owners and renters, also found that many potential home buyers view ...

Council Pushes E-Commerce Flat Tax, Vouchers

The National Research Council released a report Wednesday recommending that the U.S. regulate the Web carefully but sparsely, that a flat tax be levied on e-commerce and that low-income families receive vouchers to help them get connected The scientific panel, which serves as an informal advisor to the U.S. Congress, said that while the Internet is...

Study: Net Brokerages Losing Luster

Despite the fact that overall traffic to business and finance Web sites grew by 11 percent during the second quarter, visitors to online trading sites decreased by nearly 20 percent, according to a study released Wednesday by Jupiter Media Metrix The study found that consumer banking sites -- with an increase in unique visitors of 37 percent -- wer...

Consumer Reports Slams Net Travel Sites

A new study by venerable information resource Consumer Reports concludes that consumers are no likelier to find the cheapest airfares through Web travel services than via "a low-tech telephone." The Yonkers, New York-based consumer group's study of Cheap Tickets, Expedia, Lowestfare and Travelocity revealed that some sites play favorites and give t...

Priceline's WebHouse Club Bows Out

WebHouse Club, a licensee of name-your-price e-tailer Priceline.com (Nasdaq: PCLN), announced Thursday it will wind down its grocery and gasoline operations over the next 90 days Another Priceline licensee, Perfect Yardsale, Inc., has also ceased operations, Priceline said Thursday. The company announced it will review its operations in the fourth ...

ICANN Fields Bids for New Domains

According to official lists updated Tuesday, the Internet Corporation for Assigned Names and Numbers (ICANN) said it has received more than 200 suggestions for new top level domains (TLDs) to join such traditional suffixes as ."com" and ".org." Among the suggestions made by 47 applicants who have applied to create and operate the new domains -- whi...

U.S. Blasts Microsoft Appeal Tactics

Ratcheting up the tension in what had already become an all-out brawl, the U.S. Department of Justice (DOJ) accused Microsoft Corp. (Nasdaq: MSFT) on Tuesday of purposely delaying the company's pending antitrust appeal To emphasize the need for a speedy resolution, the government lawyers filed their proposed appellate schedule two days before the d...

China's E-Commerce Shell Game

All at once, it seems that the promise China held for e-commerce has gone up in smoke. Without warning, the Chinese government has published a sweeping set of Internet regulations that do everything short of mounting a giant "Keep Out" sign on the nation's Web infrastructure The regulations, which appeared this week in China's official newspapers, ...

Report: Security Software Sales To Surge

Fueled by an epidemic of hack attacks and costly viruses, spending on security software is set to soar from $2.5 billion (US$) in 1999 to over $6.7 billion in 2004, according to a study released Tuesday by Gartner Group division Dataquest "As Internet and e-commerce applications mature, security will gain increased focus, creating more opportunity ...

U.S. Senate Passes High-Tech Visa Bill

After months of political wrangling, the U.S. Senate overwhelmingly approved a bill Tuesday that would significantly boost the number of high-tech visas issued to skilled foreign workers With a 96-to-1 vote, the election-year legislation would provide almost 600,000 new visas issued under its H-1B program, which permits immigrants to live and work ...

Study: 'Newbies' Key to U.S. E-Holiday Sales

Due in part to an influx of new e-shoppers, nearly 45 million Americans will do some of their shopping online this holiday season, according to a study released Tuesday by eMarketer The New York City-based research firm is predicting that U.S. online holiday spending will reach $12.5 billion (US$), an increase of 71 percent from 1999's total of $7....

Net Ad Revenues Remain Robust

The Internet advertising industry saw $2.1 billion (US$) in revenue in the second quarter, with year-to-date sales approaching the total for all of last year, according to a study released Tuesday by the Internet Advertising Bureau and PricewaterhouseCoopers "While the online advertising industry may be taking a breather from its explosive growth o...

AOL Backs Opt-Out Privacy Bill

Forces on both sides of the battle over Internet privacy took their dispute to the U.S. Senate on Tuesday, where executives from America Online (NYSE: AOL) and Hewlett-Packard (NYSE: HWP) testified in favor of legislation that would protect personal data The bill, introduced by Senators John McCain (R-Arizona) and John Kerry (D-Massachusetts), call...

Microsoft Seeks Lengthy Appeal

In papers filed Monday, Microsoft Corp. (Nasdaq: MSFT) asked the federal appeals court reviewing the antitrust judgment requiring a breakup of the company to set an unusually long five-month schedule for submitting briefs The software giant won an important legal point last week when the U.S. Supreme Court decided not to hear the review directly, a...

Exclusive Interview: Sun Microsystems

In the following exclusive interview with Bobbi Burns, director of the "eSun" initiative at Sun Microsystems, the E-Commerce Times explores how the multi-billion dollar (US$) company is using its online store as an integral part of its overall marketing strategy ...

Report: Consumers Cool to Net Banking

Consumers are leery of online alternatives to traditional banking and will require an extra push from financial institutions to take their business online, according to a report released Tuesday by Deloitte Consulting The study of consumer habits in 10 countries found that two-thirds of consumers do not consider online services important and that a...

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