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Music Sites Soar in Napster's Wake

Although court rulings may eventually seal the fate of popular music-swapping services, advertising spending at online music sites spiked significantly in the weeks following a federal judge's landmark shutdown order against Napster, according to a study released Thursday by Media Metrix traffic researcher AdRelevance Prior to the ruling, advertise...

Report: Holidays To Fuel Q4 E-Commerce Surge

A strong holiday shopping season will boost U.S. online shopping to $9 billion (US$) during the fourth quarter, a 70 percent increase over last year, a new report from the Yankee Group predicts New Internet users and returning customers will combine to fuel the growth over last year's fourth quarter of $5.2 billion, the Boston, Massachusetts-based ...

Credit Cards Losing Grip on E-Commerce

Although currently a blip on the e-commerce radar screen, smart cards and other digital payment methods are likely to start gaining a share of the market now dominated by magnetic strip credit cards, according to a study by ActivMedia Research The report, "Real Numbers Behind E-Transactions, Fraud & Security," predicts that credit cards, which now ...

End of the Dot-Com Cultural Revolution?

When dot-coms and other high-tech companies exploded on the world stage several years ago, a new entrepreneurial class thumbed its collective nose at staid corporate culture by offering a bevy of workplace perks and redefining the conventional work environment. What fledgling-yet-promising companies could not pay their top talent in salary, they promised in lucrative stock options, vacation packages, liberal dress codes and concierge services.

Amazon Apologizes for Pricing Blunder

E-tail giant Amazon.com (Nasdaq: AMZN) issued a formal apology Wednesday for price testing it conducted earlier in the month that caused customers to be quoted different prices for the same DVD Although several news reports indicated that Amazon was altering the prices based on demographics, the Seattle, Washington-based e-tailer denied those claim...

Sun Adds New Chips to Crowded Market

Sun Microsystems (Nasdaq: SUNW) has unveiled its next-generation chip and family of computers, promising faster serving of Web pages and a stronger foundation on which future Internet ventures can be built The Palo Alto, California-based company addressed journalists in New York about the merits of Sun's new UltraSparc III chip, the basis for a fam...

AOL, NTT DoCoMo in Wireless Net Pact

America Online, Inc. (NYSE: AOL) and Japan's NTT DoCoMo announced plans Wednesday to provide wireless Internet services in Japan and other countries as well AOL, the world's largest Internet service provider (ISP), and NTT DoCoMo, Japan's biggest mobile Internet services company, said they will collaborate on ways to "drive the development of next-...

Targeted Net Ad Firm Lands $45M

Adding another wrinkle to the thorny debate over Internet privacy, Predictive Networks, a developer of targeted cross-network advertising and marketing, announced Tuesday that it has secured $45 million (US$) in a third round of funding Following a recent flurry of accusations that they are prying into the surfing and purchasing habits of consumers...

New Bill Could Legalize MP3.com Service

Legislation introduced in the U.S. Congress this week could make copyright battles over the way MP3.com offers music obsolete, meaning that the company would be free to build up its digital music database without having to pay the record labels any royalties Introduced by Rep. Rich Boucher (D-Virginia), the Music Owners' Listening Rights Act of 200...

Study: E-Shoppers Undaunted by Holiday Snafus

Despite lingering concerns about fulfillment and privacy, nearly 100 percent of consumers who shopped online during the 1999 holiday season said they are willing to give e-commerce another chance this year, according to a study released Tuesday by AT&T The study, which polled 150 e-tailers and 600 consumers, found that 97 percent of last year's hol...

Wisdom Overrules Zeal in Microsoft Case

Finally, the first good decision has been made in the Microsoft case. Actually, it may be the second good decision in as many weeks, given the resignation of chief Microsoft hunter and Assistant U.S. Attorney General Joel Klein (who by now finds himself buried in job offers, no doubt) However you count it, the U.S. Supreme Court did the right thing...

U.S. High Court Rejects Microsoft Case

Microsoft Corp. (Nasdaq: MSFT) won a round Tuesday in its appeal of the antitrust judgment against it when the U.S. Supreme Court ruled that the software giant's appeal should first be heard by a lower appellate court The U.S. Department of Justice (DOJ) -- which along with 19 states filed the antitrust suit against Microsoft in 1998 -- had asked t...

E-Commerce Chiefs Back Net Privacy Standards

Concerned that consumer anxiety over Net privacy issues might hinder the growth of e-commerce, an elite group of executives came together Tuesday in Miami, Florida, calling for international Web standards to protect personal information The Global Business Dialogue on E-Commerce (GBDE), representing 72 corporations including America Online (AOL), T...

Priceline Rocked by Sales Slump

Priceline.com, the name-your-own price Internet service, said Wednesday its third quarter revenues will fall short of Wall Street forecasts Although analysts were predicting revenues of $360 million to $380 million (US$), the company said it expects revenues of $340 million to $345 million. Priceline blames the shortfall on slumping sales of airlin...

DoubleClick Sinks $120M into Research Firm

Controversial Internet advertising firm DoubleClick, Inc. (Nasdaq: DCLK) announced Monday that it will acquire online market research firm @Plan (Nasdaq: APLN) in a deal worth approximately $120 million (US$). The companies said the deal will enable both firms to provide enhanced research and planning solutions tools to the online marketing community.

Older Americans Embrace Web File Sharing

The use of Napster by young people may make headlines, but Americans 50 years of age and older are apparently the real aficionados of music on the Web According to a report released Tuesday by Media Metrix, older Americans have been flocking to a variety of sites where they can download songs and learn more about music at a growth rate far higher t...

The Web's Olympic Flameout

Sooner or later, Big Sports must come to grips with the Internet. As the industry lines up its lawyers in a goal-line stand to prevent its scrappy little competitors from making it into the lucrative online end zone, it is painfully clear that no one understands what the Internet can do for sports. That's because everyone is consumed with fear that it's going to take over the whole show...

Online Marketers Propose Spam Controls

In a bid to ward off U.S. government regulation, a coalition of online marketing heavyweights announced plans Monday to propose standards meant to ease consumer concerns about spam and online privacy The recently-formed Responsible Electronic Communications Alliance (RECA) is comprised of industry leaders, including DoubleClick, 24/7 Media, ClickAc...

Despite Risks, Online Auctions Thrive

Despite mounting evidence that Web auctions provide a fertile ground for fraud, sellers continue to open new auctions and bidders continue to ante up, according to a study released Monday by Greenfield Online In a survey of over 4,000 Web users, the research firm found that the level of participation in online auctions -- such as those found on eBa...

Living.com Customer Info Sale Blocked

Texas officials have moved to prevent bankrupt e-tailer Living.com from selling the personal information of its customers, reaching a settlement agreement concurrent with a lawsuit filed Monday against the Amazon-backed company "It is important that Internet companies respect Texans' privacy rights whether the company is in the black or in the red,...

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