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When a leading Web incubator announced earlier this week that it would stop investing in business-to-business (B2B) companies, it reinforced concern that the dot-com shakeout in the business-to-consumer arena may be spreading to the realm of B2B According to published reports, Safeguard Scientifics, Inc., which has funded a number of such B2B firms...
By the middle of next year, the main venue for Internet access will be through wireless devices, according to a new study by International Data Corp. (IDC) "IDC predicts that by mid-2001, all digital cellular/PCS handsets shipped in the world will be WAP-capable," said Iain Gillot, vice president of worldwide consumer and small business telecommuni...
In an effort to forestall a recurrence of the fulfillment and infrastructure problems that made the last holiday season a blue one for Toysrus.com, the beleaguered Internet arm of retail giant Toys "R" Us has unveiled plans to open two new fulfillment centers The addition of the centers, in Mira Loma, California and Chambersburg, Pennsylvania, will...
U.S. Secretary of Commerce William Daley is treading a fine line between respecting China's approach to trade and telling the Communist country's leaders to copy the United States' successful e-commerce policy in order to gain entry into the World Trade Organization (WTO) Capping a week-long trip to Beijing to promote better trade relations between...
Professional services giant PricewaterhouseCoopers is teaming with Informatica (NASDAQ: INFA) to jointly develop, sell, and support analytic solutions for the business-to-business (B2B) e-commerce market. As part of the deal, PricewaterhouseCoopers will receive a $30 million (US$) equity stake in Informatica The companies say the alliance will help...
Contrary to the current buzz surrounding high-profile online business-to-business (B2B) alliances, some industry observers say the future for e-commerce is in business-to-consumer deals, with an emphasis on such major purchases as real estate By some estimates, up to 50 percent of prospective American homebuyers will use the Internet to search for ...
Magic Software Enterprises is one of an increasing number of high-tech firms that are moving a portion of their business and product lines to the Linux open-source platform. The company is a board member of Linux International, which is a non-profit organization founded with a mission to advance international Linux acceptance According to the compa...
Just days after the landmark antitrust ruling was handed down against Microsoft Corp., the U.S. Federal Trade Commission (FTC) and the Department of Justice (DOJ) have issued joint guidelines for companies that seek to collaborate with competitors on the Internet The guidelines were issued Friday amid recent rumblings that new online alliances in t...
In an effort to help elect Republican candidates to office this fall, U.S. House Speaker Dennis Hastert is set to propose an extension on the current e-commerce tax moratorium until 2006 While it is believed that many Democratic Representatives will oppose the five-year extension, Hastert apparently has the votes he needs. Still, the Speaker is wag...
A new report from Morgan Stanley Dean Witter declares that with the B2B infrastructure up and running, technology can now be viewed as a way of doing business, rather than a cost Echoing earlier reports, "The B2B Internet Report -- Collaborative Commerce" says that companies will use centralized online markets to create "e-hubs" to synchronize oper...
While GartnerGroup predicts that business-to-business (B2B) e-commerce will reach a staggering $7.29 trillion (US$) by 2004, the real sweet spot for most successful B2B players is not likely to be the Web portal arena Even though the Internet is already awash with Web sites that exchange everything from farm equipment to toxic waste, most analysts ...
Britain's Queen Elizabeth II, long considered the embodiment of old world values and traditions, has embraced the Digital Revolution by turning a small dot-com investment into a sizable windfall In December, the Queen invested $157,000 (US$) in Getmapping.com, which is compiling a complete 60,000-image aerial map of the United Kingdom. After the co...
The Internet tax din grew even louder this week as members of the U.S. House of Representatives weighed in along predictable partisan lines Republican Virginia Governor James Gilmore told the House Subcommittee on Telecommunications, Trade and Consumer Protection Thursday that the report of the Advisory Commission on Electronic Commerce (ACEC) repr...
Just when it appeared that several years of negotiations between the U.S. Commerce Department and the European Union would lead to a new international privacy pact, a coalition of U.S. businesses is voicing strong opposition to its ratification In a letter sent to the department this week, the newly formed National Business Coalition on E-Commerce ...
Asian companies are fueling an economy driven by e-commerce with U.S. dollars, according to a new report, "U.S. Investment in Asian Real Estate 2000," by Ernst & Young The report states that U.S. investors dumped $20 billion (US$) into Asian non-performing loans and distressed assets over the last 18 months. However, not all of the money went direc...
E-commerce companies that are looking to go public can still raise money in current market conditions, although recent events suggest that these firms may not be able to get the sky-high prices for their shares seen just a couple of months ago Companies that sell to consumers have been particularly hard hit of late, as high stock prices and rosy fo...
Embattled online grocer Peapod, Inc. (NASDAQ: PPOD) might not be out of the running yet. The company is reportedly trying to raise cash from an unidentified source and is investigating whether it can recover a $2.5 million loan to ex-CEO William Malloy The company has been smarting in recent days from a series of setbacks: the abrupt resignation of...
President Clinton issued a "National Call to Action" Tuesday to combat the "digital divide" between people who have computer access and knowledge and those who do not A host of Internet companies and organizations have already agreed to lend their support, providing hardware, software and training for youth, families and communities in danger of be...
This week, when Dell Computer Corp. unveiled its plan to sell computers that manage networks and data storage technology online, the company once again demonstrated why it continues to be such a strong e-commerce player By adding "back office" technology to its offerings, Dell is hoping to cash in on one of the fastest growing segments of business ...
As the world knows by now, Judge Thomas Penfield Jackson issued a ruling on Monday finding software giant Microsoft guilty of violating antitrust laws. Contrary to the viewpoints of some industry observers, including the one expressed in Monday's E-Commerce Times, the Microsoft decision is in no way "tragic." It is undoubtedly a bitter disappointme...
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