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U.S. E-Commerce Sets New Record

The information technology (IT) industry is the number one driving force in the runaway American economy, according to studies by the U.S. government and the Center for Research on Electronic Commerce at the University of Texas, Austin In its third annual report on the IT industry, the U.S. Department of Commerce (DOC) said the digital age is no lo...

City of Los Angeles Takes on Cybersquatter

In yet another high-profile controversy over intellectual property abuse on the Web, the City of Los Angeles is threatening legal action against a Web site that sells apparel emblazoned with the Los Angeles Police Department (LAPD) emblem In a four page letter, City Attorney James Hahn gave the owner of Los Angeles Product Distributions, Wayne Tidw...

InsWeb Slashes Workforce

Less than a year after its IPO, online insurance portal InsWeb Corp. said on Monday that it is moving its headquarters and cutting its staff by 40 percent The Redwood City, California-based company said it plans to move its offices to Sacramento, California later this year and cut its workforce by 120 people.

AOL Slam Dunks NBA Marketing Deal

America Online, Inc. (NYSE: AOL) and the National Basketball Association (NBA) have forged a strategic marketing alliance to promote NBA.com, WNBA.com and America Online's Internet service and Web sites The deal harnesses the resources of the Web's largest Internet service provider and the one of the world's best-known professional sports leagues.

GM Launches Online Ad Blitz

General Motors Corp. (NYSE: GM) is attempting to draw buyers to its dealers -- and away from Web-based car sellers -- with an online campaign featuring incentives and contests The site, called Ticket to Ride, offers incentives of up to $750 (US$) on each Buick, Cadillac, Chevrolet, Oldsmobile, Pontiac and GMC vehicle, as well as sweepstakes to win ...

U.S. and EU Near Net Privacy Accord

The European Union (EU) has agreed to allow American businesses to self-regulate the safeguarding of personal information collected about European consumers over the Internet U.S. companies that comply with the voluntary data privacy pact, called "safe harbor," will be granted immunity from legal action by the European governments who adopt the agr...

Amex, Ariba and VeriSign Unveil B2B Payment Pact

American Express (NYSE: AXP), Ariba (Nasdaq: ARBA) and VeriSign (Nasdaq: VRSN) announced Monday that they have formed a strategic partnership to develop an integrated card payment processing utility for online business-to-business (B2B) transactions "With the dramatic acceleration in the deployment of buy-side, sell-side and marketplace solutions, ...

Luxury E-tailers Face Cyber-Challenges

The financial roller-coaster ride for high-end fashion retailer Boo.com and the demise of Foofoo.com have caused some industry analysts to question the viability of selling luxury goods via the Internet In fact, the challenges facing luxury e-tailers have forced some companies to change the way they do business. Ashford.com, for example, has revise...

Healtheon/Web MD Joins Online Insurance Game

Online healthcare company Healtheon/WebMD has announced a strategic alliance with Internet insurance service company SimplyHealth.com to provide insurance services to its customers The two companies will co-develop a health insurance distribution service for WebMD.com's online consumer portal. The new service will provide users access to a variety ...

Is E-Commerce Ready for China?

Headlines and airwaves crackled with hyperbole following the U.S. House of Representatives vote last week to extend permanent normal trade relations to China, as analysts peppered their discussions with enthusiastic speculation about how a new era of international trade could help keep the high-tech juggernaut alive Technology companies are already...

Internet Boosts Overall Book Sales

E-commerce helped to reverse a decline in overall book sales for adults in 1999, according to a new study by NPD Group, Inc. of Port Washington, New York The study found that sales of books purchased for readers 14 and older rose 3 percent to more than 1 billion in 1999, with books bought online accounting for 5.4 percent of those sales -- up from ...

Hilton Hotels Unveils B2B Marketplace

Hilton Hotels Corp. unveiled a business-to-business (B2B) marketplace Thursday that will be powered by PurchasePro.com's B2B e-commerce engine The new hospitality procurement network, slated to be launched this summer, will ultimately handle the bulk of the company's US$1.5 billion in annual purchases for goods and services from thousands of its su...

iVillage To Sell Baby Unit

Online women's network iVillage is in discussions with Internet retailer BabyGear.com to sell off its iBaby retail unit, according to Preston Bealle, CEO of BabyGear.com Bealle, who heads the New York-based e-tailer, told the E-Commerce Times that his company has been discussing buying iBaby from iVillage and he hopes to see a deal closed in the ne...

Juno Sues NetZero, Qualcomm in Patent Dispute

Juno Online Services, Inc. (Nasdaq: JWEB) has filed suit against NetZero, Inc. (Nasdaq: NZRO) and Qualcomm, Inc. (Nasdaq: QCOM) in U.S. District Court for infringement of one of its patents According to Juno, NetZero and Qualcomm's e-mail software uses the same technology that Juno patented in 1998 to enable PC users to view Internet-delivered adve...

Sony Plays Games with Verant Acquisition

Sony Pictures Entertainment announced Thursday that it has acquired online games company Verant Interactive, Inc. in a bid to expand its Internet gaming business The move represents a coming home of sorts for Verant, which was launched in 1999 as an independent spin-off from Sony Computer Entertainment's 989 Studio. When the deal is complete, Veran...

These Are the Web's Good Old Days

Break out the crying towels. Some of the founding fathers and mothers of the World Wide Web gathered in Cambridge, Massachusetts this week for the Harvard University Internet and Society conference and took the opportunity to lament the current state of the Internet HTML inventor Tim Berners-Lee offered a brief defense against the frequent complain...

'Top 10 List' Reveals Internet Security Flaws

In an effort to help thwart attacks by the Internet's equivalent of petty thieves, the Systems Administration, Networking and Security Institute (SANS) has published a "Top 10 List" of the most popular ways hackers gain illegal access to network servers and computer systems The SANS list accounts for "probably 70 percent of the attacks occurring on...

Foofoo Finished, Boo Bounces Back

In yet another twist in what has become an e-commerce soap opera, New York-based Fashionmall.com announced Thursday that it has acquired embattled British e-tailer Boo.com. The agreement comes just as upscale e-tailer Foofoo.com revealed that it is shutting down after only a year in operation Fashionmall, considered a rarity in the e-commerce world...

HP Wins Amazon's IT Business

Palo Alto, California-based computer manufacturer Hewlett- Packard (NYSE: HWP) announced an agreement Wednesday to provide e-tail giant Amazon.com (Nasdaq: AMZN) with 90 percent of its computer hardware and related systems As part of the deal, Amazon will use HP Internet servers and storage technology to power the bookseller's Web site, support its...

Report: Online Car Sales Will Stall

A new report claims that the potential for successfully selling cars online has been greatly exaggerated and adds that while more car buyers will research their purchases online, the number actually buying a car without seeing it first will remain relatively small The report, "Automotive Retailing in the New Millennium," was released Wednesday by t...

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