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Sony Corp. (NYSE: SNE) will offer the first consumer product to include the much anticipated, power-saving Crusoe computer chip when the latest version of the Sony Picture Book hits stores next month The Picture Book is both a laptop computer and a digital video camera. With the new chip from Transmeta inside, the Picture Book will have twice the b...
In a first for the nascent interactive television market, CBS Television and Microsoft WebTV Networks Inc. have struck a deal to jointly deliver interactive television programming, beginning with the start of the 2000-2001 TV season CBS and Microsoft said the new interactive programming will include dramas, comedies, sports, specials, movies and va...
CMGI Inc. (Nasdaq: CMGI), one of the first and largest incubators of e-commerce and Internet companies, said Thursday it will reorganize its assets in a bid to encourage each of its holdings to pursue profitability Battered by the high-technology stock sell-off that began in earnest in the spring, CMGI has seen its market capitalization cut dramati...
Is 25 "old"? It depends. For cars, 25 years brings classic status. For all but the most carefree people, 25 means true adulthood. And for a high-technology super company like Microsoft? Well, surviving and thriving to age 25 is cause for celebration. Take a deep bow, Gates and company. You've earned it Microsoft passes the quarter-century mark unde...
Continuing its crackdown on porn sites that illegally bill customers, the U.S. Federal Trade Commission (FTC) announced Thursday that it has won a $37.5 million (US$) judgment against an adult Web site operation that was billing customers for X-rated Internet visits they had not made and services they did not order A federal judge in California iss...
According to a study from Jupiter Communications, fewer than 20 percent of online retailers use eye-catching programs and plug-ins like Java and Flash to help consumers browse their Web sites, thus preventing users from getting the most out of those sites As a result, companies could eventually find themselves losing customers as competitors take a...
iToke delayed its anticipated launch for a second time this week, hindering any immediate possibility of turning the marijuana trade into a mainstream Internet venture. Still, illegal drug dealers continue to use the Web as a tool for making purchases and sales contacts, as well as facilitating the transaction process Tim Freccia and Mike Tucker, i...
In a move designed to ease consumer concerns about online security and cut down on credit card fraud, American Express (NYSE: AXP) rolled out a new product Thursday that will allow its cardholders to use disposable credit card numbers for online purchases The new service, called Private Payments, will be available to American Express small business...
Controversial online travel venture Orbitz announced Friday that it is delaying the launch of its Web site until next summer "A phased-in launch that includes a monster beta test will ensure that Orbitz can handle the transaction volume and deliver the reliability and service levels consumers deserve," said Orbitz chairman and president Jeffrey Kat...
IBM Corp. (NYSE: IBM) unveiled a wireless laptop computer on Thursday that features a local area network (LAN) chip built directly on the computer's motherboard. The chip allows users to connect to the Internet and peripherals, such as printers, cell phones and other mobile devices, without using cables "We consider it the Holy Grail of connectivit...
A consortium of 36 of the Web's biggest companies -- led by IBM, Ariba, and Microsoft -- announced plans Wednesday to create an online business directory that will make business-to-business (B2B) e-commerce simpler and more efficient According to the companies, the new standard, called Universal Description, Discovery and Integration (UDDI), will b...
Yahoo! Inc. (Nasdaq: YHOO) launched a service Wednesday that provides free, real-time stock quotes over the Internet through a set of agreements with three electronic communication networks (ECN) Yahoo! said it is teaming up with Instinet, Island and Archipelago to provide the quotes, which include before- and after-market data, as well as volume a...
Democratic presidential candidate Al Gore unveiled a sweeping new economic plan Wednesday that would create 10 million high technology jobs in the United States within the next 10 years and provide incentives for companies offering high-tech training to their workers Within the 191-page plan, released on Gore's Web site, www.algore2000.com, is a ca...
Hoping to capitalize on one of the fastest growing segments of the travel industry, discount online travel agency Savvio.com launched its site Thursday with a customer service model it thinks will help it fly by competitors The Alviso, California-based company does away with the blind purchasing process made popular by Priceline.com and instead all...
Peapod, Inc. (Nasdaq: PPOD) has announced that it will acquire fellow online grocer Streamline.com's Chicago and Washington, D.C. assets and operations, ending weeks of speculation about the fate of the struggling company Streamline (Nasdaq: SLNE) said just last month that an infusion of cash or strategic partnership would be necessary to keep it f...
According to the U.S. Federal Trade Commission (FTC), the potential of international e-commerce may never be realized unless standards are adopted to regulate cross-border transactions The report, "Consumer Protection in the Global Electronic Marketplace: Looking Ahead," poses tricky questions about which laws -- the buyer's or seller's -- govern t...
Launching yet another offensive against Internet fraud, the U.S. Securities and Exchange Commission (SEC) announced on Wednesday that it has filed 15 separate suits against 33 companies and individuals accused of bilking investors of more than $10 million (US$) in "pump-and-dump" schemes According to the SEC, the defendants drove up the stock price...
Amazon CEO Jeff Bezos seems to be gambling that when it comes to Internet privacy, honesty and ignorance may be a winning combination. Ever since George Washington felled the cherry tree, Americans have embraced the peculiar notion that being up front about one's evildoing diminishes the wrong. If only Clinton had been honest about Monica, the logic seems to go, his behavior would have been far less reprehensible...
In a ruling that could forever alter the digital copyright landscape, a U.S. District Court found Wednesday that Internet music download site MP3.com willfully infringed the copyrighted works of Universal Music Group and is liable for damages of at least $118 million (US$) U.S. District Judge Jed Rakoff awarded Universal $25,000 in statutory damage...
Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting facilities in AT&T's Internet Data Centers....
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