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A survey of trial lawyers and judges by PricewaterhouseCoopers shows that few companies are prepared to comply with a subpoena demanding production of their digital files for use in litigation, even though most companies store up to 70 percent of their records in electronic form Additionally, the survey indicates that even though companies are stor...
Ticketmaster Online-CitySearch (TMCS) continued its aggressive move into electronic commerce Monday with the unveiling of a service that will allow users to purchase tickets using such mobile communication devices as telephones, personal digital assistants and pagers The new service, called "Local Intelligence," is set to go live May 19th in 32 U.S
One has to wonder if America Online CEO Steve Case and Time Warner Chairman Gerald Levin were both asleep at the switch earlier this month when Time Warner decided to yank Disney-owned ABC's programming because of a contract dispute The blackout came on the eve of an important rating sweeps night and lasted almost 48 hours, causing 3.5 million cons...
The battle for the European online auction market intensified Tuesday, as Britain's QXL (Nasdaq: QXLC) announced that it will acquire Germany's Ricardo.de AG in a stock deal valued at $1 billion (US$) The merger comes as dominant U.S. online auctioneer eBay (Nasdaq: EBAY) continues its expansion across the continent, threatening QXL and Ricardo.de ...
America Online (AOL) has been slapped with a cease and desist order by the U.S. Securities and Exchange Commission (SEC) and has agreed to pay a civil penalty to settle charges in the amount of $3.5 million (US$) At issue were AOL's inaccurate financial reports from 1994, 1995 and 1996. The company reported profits instead of losses for six of eigh...
The National Trade Union Corporation (NTUC) of Singapore has agreed to provide 300,000 low-cost PCs to its members through a partnership with PeoplePC PeoplePC says it will work with the NTUC to provide branded computers and free Internet access through a monthly subscription plan, and will replace the units every three years. Subscribers will also...
America Online, Inc. (NYSE: AOL) and AutoNation, Inc. (NYSE: AN) announced plans Monday to form what the companies claim will be the world's largest virtual car dealership AutoNation, the largest auto dealer in the U.S., and its licensees will be the exclusive retailers of new and used vehicles to AOL members who purchase cars through the co-brande...
Wit SoundView, the online investment banking subsidiary of the Wit Capital Group (Nasdaq: WITC), has agreed to buy online investment firm E*Offering in a stock deal valued at $328 million (US$) As part of the alliance agreement, E*Trade (Nasdaq: EGRP), E*Offering's parent company, said it will buy Wit SoundView's online retail brokerage business an...
As Philippine government efforts to solve the Love Bug virus mystery progress at a snail's pace, representatives of the Group of Eight (G8) industrialized nations are meeting in Paris today to discuss coordinated efforts to fight cybercrime The G8, all seriously affected by the virus, will attempt to take proactive steps to deal with what they cons...
Denizens of the Internet turned out in high style on San Francisco's Nob Hill Thursday night for the "Webby Awards 2000," a funny and fast ceremony -- thanks to the five-words-or-less speech limit -- honoring the best Web sites of the year The Webby Awards are the antithesis of the frayed jeans and T-shirt inhabited world of the Web. Some 3,000 "di...
Although nearly 4 in 10 home buyers now use the Internet as a shopping research tool, few of them actually find the home they will eventually buy online, according to results of a new survey from the National Association of Realtors (NAR) The survey, "2000 Profile of Home Buyers and Sellers," says that the number of home buyers who went online to s...
Online trading giant E*Trade Group, Inc. (Nasdaq: EGRP) announced Thursday that it is partnering with discount retailer Target Corp. to place financial service centers in SuperTarget stores across the United States The brokerage hopes to gain market share by providing real world access to its services without investing in its own brick-and-mortar l...
A new study by scientists from IBM Research, Compaq Corporate Research Laboratories and AltaVista presents a comprehensive "map" of the World Wide Web, and uncovers inadequate linking between regions of the Internet that can make navigation difficult -- or in some cases, impossible Based on an analysis of more than 600 million Web pages, the findin...
In an effort to broaden its sales beyond microprocessors, Intel (Nasdaq: INTC) announced plans Thursday to build a $200 million (US$) streaming media business that will allow customers to broadcast anything from financial briefings to feature films over the Web Although most U.S. homes with Internet access still use dial-up connections, the number ...
Every computer maker great and small seems to have contemplated the same holy grail: To make an inexpensive machine that will connect users to the Internet and allow them to send and receive e-mail. That's it. No complex, breakdown-prone hard drives, no bundled software to choose. Just a machine for getting connected The possibilities seem endless....
The Walt Disney Company asked the Federal Communications Commission (FCC) late Thursday to place "meaningful and enforceable conditions" on the proposed merger between America Online and Time Warner The mega-merger, announced in January and set to be finalized later this year, would allow AOL's 22 million subscribers access to Time Warner's vast mo...
With the holiday season dust long settled and several prominent e-tailers fighting for survival, this year's Mother's Day may well prove to be a turning point for e-commerce BizRate.com projects that Sunday's event, the second busiest e-tail cycle of the year, could see a five-fold increase in sales over last year's tally of 250,000 and generate up...
Global steel trade leaders Cargill Steel, Duferco, Samsung Corporation and TradeARBED announced plans Wednesday to create an independent global exchange for trading steel on the Internet The virtual market will offer online buying and selling of steel, as well as provide financing, risk management and logistics services to the industry. Set for a f...
The National Association of Minorities in Communications (NAMIC) announced Tuesday the unveiling of its "Digital Bridge Alliance Project," an initiative designed to raise Internet awareness and increase the availability of computer equipment and Web connections for minority households in the United States Phase I of the project includes a televisio...
Mirroring the efforts of several major North American airlines, British Airways announced Thursday that it will join forces with Air France, Lufthansa and eight other European airlines to launch an online travel agency The group, which includes Alitalia, KLM, Iberia, SAS, Aer Lingus, Austrian Airlines Group, British Midland and Finnair, expects the...
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