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Try as I might, I can't work up much sympathy for Metallica, the Recording Industry of America (RIAA), any or all of the major recording studios, or anyone remotely connected to the music industry in its suit against Napster, Inc I'm no constitutional anarchist; I believe in law and the rights of artists to protect their intellectual property. This...
Name-your-price e-tailer Priceline.com (Nasdaq: PCLN) announced its fourth international venture Monday, saying it will bring its service to Japan through an alliance with Japanese Internet investor Softbank Corp The Norwalk, Connecticut-based Priceline will start its Japanese service the way it begins operations in all markets, initially offering ...
Despite the vociferous demands of consumer advocates for new laws to protect the privacy of online shoppers, the U.S. Federal Trade Commission and the Department of Commerce (DOC) have endorsed an industry self-regulation plan developed by the Network Advertising Initiative "NAI constitutes over 90 percent of the network advertising market," said J...
At midnight on Friday, Napster could very well take its last gasp -- but it has been a pretty impressive run for an upstart network built almost solely on killer technology and wildfire word of mouth The preliminary injunction issued by U.S. District Court Judge Marilyn Hall Patel earlier this week -- which for all practical purposes will shut down...
In Part I of this special report, the E-Commerce Times explored an Internet industry segment that we have dubbed "odd-commerce," highlighting some of the weirdest and wackiest items being offered for sale online However, some of the offerings on the far side of e-commerce are more interesting and surprising than weird. For example, The Property Org...
eBay, Inc. (Nasdaq: EBAY) said it will get $1.2 million (US$) under a lawsuit settlement with ReverseAuction.com, Inc., which had been accused of illegally obtaining eBay user IDs and addresses in order to send them unwanted and misleading e-mail According to eBay, ReverseAuction "harvested eBay e-mail addresses and perpetrated a widespread spammin...
Following an uproar over Toysmart's intention to break the privacy promise it made to its customers, the defunct e-tailer has done an about-face, deciding not to sell its database of customer information, after all Before Toysmart's collapse, the company had adhered to a strongly worded privacy policy, promising its customers that it would never se...
In a brief filed Wednesday with the U.S. Supreme Court, Microsoft Corp. (Nasdaq: MSFT) urged that its appeal of the antitrust judgment against it be sent back to a lower court. The Redmond, Washington-based software giant prefers that the case be reviewed by the U.S. Court of Appeals for the District of Columbia In its "Jurisdictional Statement," M...
The size of the Internet is much more immense than previously believed, and the Web is expanding so fast that even the best search engines can only scratch the surface, according to a new study The study was conducted by BrightPlanet, a South Dakota-based startup company. According to its findings, there is a "vast reservoir of Internet content," h...
U.S. District Court Judge Marilyn Hall Patel granted a request by the Recording Industry Association of America (RIAA) for a preliminary injunction against online music swapping company Napster, ordering the company to stop making files of copyrighted music available for download as of midnight Friday The court's action represents a major victory f...
The effort by the French government to keep its citizens from viewing Nazi-related material on a U.S. online auction site is intriguing for several reasons, but mainly because of the sensitive questions of national character and consciousness that the controversy raises A French judge recently ordered Yahoo!, Inc. to find a way to prevent French In...
E-tail bellwether Amazon (Nasdaq: AMZN) beat analysts' second quarter bottom-line estimates by two cents per share, but the results still failed to reassure investors The online retailer said its loss rose to $115.70 million (US$) in the second quarter, in comparison with a loss of $82.79 million in the same period last year. While the company's re...
If you want Harry Potter, you can get him on the Internet. But if you are in the market for the blood of a real live wizard, guess what? You can get that on the Internet too Let your fingers do the clicking and you can find just about anything you can imagine online. E-commerce may be the hot topic in investor circles, but the industry has a lesser...
Seven online e-tailers, including Macys.com, Toysrus.com and CDNOW, will pay fines totaling $1.5 million (US$) to settle a Federal Trade Commission (FTC) lawsuit over late deliveries made during the 1999 holiday season. The companies have also agreed to change their shipping procedures According to the FTC, the e-tailers promised delivery dates whe...
The U.S. Treasury Department announced two e-commerce initiatives Tuesday designed to streamline the process of doing business with the government The first effort, called Pay.gov, will be a secure payment and collection portal with the potential to process 80 million transactions each year, worth an estimated $125 billion (US$).
Horror writer Stephen King has a knack for making his readers lose sleep, but there is widespread speculation that his latest work has book publishers and retailers tossing and turning even more However, dire predictions of the end of publishing as we know it are probably premature. The experimental honor system sale of King's new novel, "The Plant...
According to a study released Wednesday by Andersen Consulting and the Economist Intelligence Unit (EIU), many chief financial officers (CFOs) believe their companies lack the necessary structure and culture to account for e-commerce effectively The report, "E-Commerce and the CFO: A framework for finance in the new economy," focuses on the impact ...
eBay, Inc. (Nasdaq: EBAY) reported stronger than expected results for the second quarter, as revenue rose 97 percent and the number of people using the online auction service grew "The top line for the second quarter was in fact the bottom line: eBay's record profits," said Chief Financial Officer Gary Bengier. "These profits were powered by record...
Amazon.com (Nasdaq: AMZN) president and chief operating officer Joseph Galli, Jr., appointed just 13 months ago, has resigned Galli, whom Amazon said is leaving for "personal reasons," will become president and chief executive officer of business-to-business (B2B) trading network VerticalNet (Nasdaq: VERT).
Although Toysmart.com is now free to sell its online customer database in a bankruptcy asset sale, just who will be willing to step into the harsh limelight surrounding Toysmart's demise and pick up its customer list remains to be seen The sale is subject to numerous restrictions outlined in a settlement agreement reached late Friday between the fa...
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