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E-commerce bellwether Amazon (Nasdaq: AMZN) is restructuring some deals with certain partners in its Amazon Commerce Network (ACN), according to a quarterly report filed with the U.S. Securities and Exchange Commission (SEC) Recognized revenue from ACN agreements was reduced by a total of $2.9 million (US$) for the quarter ended June 30th, as a res...
While the rest of the world works on expanding the number of top level domains (TLDs) available, adding dot-travel and dot-sex to dot-com and dot-org, a couple of big-name companies are demanding absolute control of the Web in their own way Most recently, Ford Motor Company sued online automotive marketplace Model E Corporation and principal invest...
Many e-tailers are contemplating the next holiday shopping season with a mixture of anticipation and dread. With increasing pressure from investors to show some black ink, companies like Amazon, Macy's, Toys "R" Us and CDNow are hopeful that shoppers will feel expansive about gift giving and will turn to the Web to place their orders. But the firms are also experiencing a measure of apprehension concerning their ability to deliver on time...
Toysrus.com violated its own privacy policy by providing marketers access to its customer data, according to a charge leveled against the online toy seller in a class action suit filed July 28th in a San Francisco federal court Notably, the plaintiffs are not Toysrus.com's only accusers. Interhack, a Columbus, Ohio, developer of online security and...
While online auction giant eBay (Nasdaq: EBAY) continues to outpace competitors in the United States, QXL.com, Inc. (Nasdaq: QXLC) has edged ahead in the latest round of the European online auction version of "King of the Hill." This week, QXL linked up with Internet portal Lycos, Inc. (Nasdaq: LCOS) to boost QXL's visibility across Europe. Accordi...
High-speed Internet access for Americans jumped dramatically last year, according a government report released Thursday In its second annual report to Congress, the Federal Communications Commission (FCC) said that the number of U.S. households and small businesses with "advanced telecommunications capability" grew from 0.3 percent in 1998 to 1 per...
Ailing online pharmacy PlanetRx.com, Inc. (Nasdaq: PLRX) took another hit Thursday when William J. Razzouk resigned to become a venture partner at Paradigm Capital Partners LLC of Memphis, Tennessee Razzouk guided the San Francisco-based PlanetRx through its site launch and its initial public offering last October. He also helped oversee the expans...
Remember the Y2K bug? You know, the one that cost billions of dollars (US$) to fix? Wasn't it strange that the countries that did not prepare for technological disaster had exactly the same experience as the countries that did? Right -- nothing happened Nevertheless, there are still a handful of hopefuls out there who are waiting for Y2K to strike....
As part of its ongoing effort to expand the scope of the property transactions it hosts on the Internet, eBay, Inc. announced Thursday that it has joined efforts with Berkeley, California-based zipRealty.com to sell real estate online The new eBay category, to be known as eBay Real Estate, will facilitate property transactions for both buyers and s...
Mafiaboy, the 16 year-old Montreal teenager who Canadian police say unleashed denial-of-service (DoS) attacks on major Web sites earlier this year, was back in court Thursday to face 64 new charges related to his alleged cyber mischief The teen, who cannot be named under the Canadian Young Offenders Act, appeared briefly in youth court and pleaded ...
The Federal Bureau of Investigation (FBI) will head up this year's World E-Commerce Forum, at which global Internet security will be an issue for the first time, it was announced Friday The three-day World E-Com 2000 summit is slated to start October 18th in London. Michael Vatis, director of the FBI's computer crime investigation unit, the Nationa...
Although a sharp rise in ownership of personal computers (PCs) worldwide is translating into widespread Internet usage, the digital divide is not closing at the same rate, according to a new study from Roper Research The study found that 3 in 10 consumers worldwide now own a PC, a six percent increase over 1998. Nearly one in five of those users we...
Financial services giant American Express Company (NYSE: AXP) and Ventro Corporation (Nasdaq: VNTR) announced an agreement Thursday to create MarketMile LLC, an Internet-based marketplace from which businesses will be able to purchase products and services MarketMile, which represents American Express' first independent e-commerce startup, will ini...
IBM (NYSE: IBM) announced Thursday it has formed a strategic alliance with e-business software and service provider Vignette Corp. (Nasdaq: VIGN) in an effort to meet growing e-marketplace demands in the dot-com, retail and financial sectors Specifically, the companies intend to provide e-business solutions that will foster market share, minimize d...
The Recording Industry Association of America (RIAA) and big name musicians like Metallica are so intent on fighting bloody skirmishes in the Internet music wars, they haven't gotten the latest news flash: The revolution is over, folks, and technology won It doesn't matter that copyright laws are being violated. It doesn't matter that profits are b...
JCPenney is the largest national "three-tailer," utilizing traditional brick-and-mortar stores, catalog operations and the Internet to drive sales of its products. Nielsen//Net Ratings ranked JCPenney.com as the top apparel and home site, and a top ten site overall, in May and June 2000 With an average of over 40,000 customer orders per week, JCPen...
There is a perception in some quarters, generated and fed by the jittery souls among us, that e-commerce is in its death throes, or at the very least, is not what it was cracked up to be Look at venture funding, those anxious observers say. It has dried up like summer in the Sahara. Two-thirds of dot-com startups will fall by the wayside. There is ...
British e-commerce is being hampered by consumer fears about Internet security, according to a report released Wednesday by the United Kingdom's National Consumer Council The report, "E-Commerce and Consumer Protection," found that while 26 percent of British adults have access to the Internet either at home or at work, only three percent regularly...
At an emergency hearing in Washington, D.C. Wednesday, U.S. District Judge James Robertson declared moot a public advocacy group's petition calling for public disclosure of the FBI's e-mail surveillance system because, the court said, the FBI had already agreed to handle the request shortly before the hearing. Instead, the court gave the FBI ten days to set a schedule for disclosing the details of the system...
The dire shortage of high-tech and business professionals is now forcing many dot-coms to dole out mega-salaries and non-monetary perks, according to a report released Tuesday by job search site WetFeet.com and global management and consulting firm Hewitt Associates The report, "The dot ComP 2000 Survey," found that the days of pre-IPO Internet sta...
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