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According to data released Monday by Chicago, Illinois-based employment firm Challenger, Gray & Christmas, 24 of the 122 dot-com companies that have laid off workers in the past eight months subsequently ceased operations A month ago, a separate Challenger survey found that 1,263 of the almost 5,400 jobs lost since December came from 17 dot-coms th...
Under the terms of a settlement announced Monday by the U.S. Federal Trade Commission (FTC), adult entertainment company Xpics Publishing, Inc. will make refunds to online consumers who were improperly billed after providing their credit information The FTC said that the company and its owners, Mario G. Carmona and Brian M. Shuster, obtained consum...
One of the immutable laws of life, love and electronic commerce is that the haves will seldom give to the have-nots, unless forced to at gunpoint or knife-point -- or coaxed from the far side of a tax loophole. That is why I am constantly amazed by the bewilderment expressed by leaders of underdeveloped countries at the conclusion of an international financial summit...
A U.S. House of Representatives subcommittee heard conflicting testimony Monday over whether the Internet surveillance system being operated by the Federal Bureau of Investigation (FBI) under the code name "Carnivore" threatens privacy in an age when government intrusion into personal communications is already considered by many to be out of control...
Twelve Internet industry giants are among a group of 36 firms that are partnering with non-profit privacy seal organization TRUSTe to kick off Privacy Partnership 2000, a grassroots public service campaign designed to teach consumers how to navigate the Web safely and effectively The 12 major players participating in the initiative are AltaVista, A...
The judge who in May ordered Yahoo! (Nasdaq: YHOO) to block French access to auctions of Nazi memorabilia being sold through its U.S. auction site granted the Santa Clara, California-based Web giant a three week reprieve on Monday In April, the International League against Racism and Anti-Semitism (LICRA) and the Union of French Jewish Students (UE...
Some people love the thrill of roller coasters and keep getting back in line for more, but others can hardly take a single stomach-churning ride. When the torture is finally over, they stagger toward the nearest bench and breathe deeply, savoring the simple pleasures of life on solid ground. For dot-com investors who have been yearning to stay connected with earth's gravity, the rough ride may be nearing its end...
Fending off challenges from technology rivals, software giant Oracle (Nasdaq: ORCL) announced Monday that it has been selected to provide technology and hosting services to AeroXchange, a business-to-business (B2B) marketplace for a consortium of global airlines According to published reports, the deal was worth an estimated $100 million (US$) to O...
Amid the controversy over the sharing of digital music online, music downloading site EMusic.com, Inc. has launched a new subscription service that will give users unlimited access to its musical library for a monthly fee of $9.99 (US$) The announcement comes one month after MP3.com created an unlimited use classical music and children's channel, a...
Online banking is growing in popularity, with nearly 23 million Americans expected to pay their bills and access their financial accounts online by 2004, according to research firm IDC In 1999, some six million households used the Internet to do at least some of their banking, according to the firm.
Garden.com was launched in September 1995 by Cliff and Lisa Sharples, Jamie O'Neill and Andy Martin with an eye toward creating a virtual store offering a "garden of products, plants, gifts, and services that could grow and bloom on the Internet." The company had its initial public offering in September 1999 In April 2000, Garden.com (Nasdaq: GDEN)...
Under increasing fire from critics, the Group of Eight nations said it will appoint a special task force to make recommendations on how to help poor nations bridge the growing global divide in Information Technology (IT) The task force will suggest ways to support the development of a communications infrastructure that most developing nations badly...
To some e-commerce watchers, Bertelsmann AG has not been maintaining an appropriate demeanor for the fourth largest media company in the world, of late. As it voraciously scoops up book and magazine publishers all over the world, the German media giant is looking more and more like a spoiled kid trying to blow his inheritance in a single weekend Wi...
China plans to tax sales over the Internet rather than give a tax advantage to e-commerce businesses, according to statements made Sunday by the country's top taxman Jin Renqing, director of China's State Administration of Taxation (SAT), told the state-run China Daily that the country must maintain its taxation sovereignty and level the playing fi...
E-tail powerhouse Amazon.com has been selected by novelist Stephen King to provide a secure payment system for monthly downloads of "The Plant," the latest electronic book to be made available over the Internet by the best-selling author King made the first installment of his serial novel available on his StephenKing.com Web site Monday morning, re...
Name-your-price pioneer Priceline.com announced Monday that it cut its second-quarter loss to a bare penny per share, excluding special items, as revenues topped $352 million (US$). The Norwalk, Connecticut-based retailer of airline tickets, hotel rooms, rental cars, gasoline, telephone long distance and other products and services said growth in repeat customers and reduced advertising and marketing costs helped more than triple revenues from the same period last year...
No one will admit to liking spam -- the canned pseudo-meat or the unsolicited e-mail that bears its name. But despite the current efforts of governments in North America and Europe to get it back into the can, spam is destined to be, and should be, a fact of Internet life -- just like junk mail is in the real world Spam legislation is quickly movin...
Software giant Microsoft is about to release new features for its Web browser that will allow surfers to delete "cookies," the computer implants used by Web companies to track personal information. The features will be part of Internet Explorer 5.5 (IE) and will provide more selective user alerts when cookies are delivered, as well as a number of cookie management options not previously available...
Sega of America has taken action to shut down more than 60 Web sites and 125 auction sites that the company accuses of selling pirated versions of Dreamcast video games The San Francisco, California-based interactive games company is working closely with Yahoo!, Lycos, Excite, eBay, and Amazon to shut down auctions of people who were attempting to ...
Despite widespread concerns over potential price-fixing and other antitrust issues, controversial travel Web site Orbitz.com received its first U.S. goverment endorsement Thursday from a Department of Transportation (DOT) official While speaking at the U.S. Senate Commerce Committee's hearing on Internet issues in the aviation industry, DOT Inspect...
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