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In an effort to make e-commerce more personal, a growing number of Internet businesses are targeting such specific population segments as minorities, children and women. In fact, two full-service financial sites targeting female Internet users debuted last week, claiming to provide financial services and content to meet the unique needs of women Ms...
Continuing the government crackdown on cyberscam artists and drug traffickers, the U.S. Federal Trade Commission (FTC) announced Wednesday that it has reached settlements with three Internet companies that were falsely advertising cures for everything from AIDS to cancer "The promotions for these supplements as 'miracle' cures are really reprehensi...
International consulting firm Arthur Andersen announced Tuesday that it is working with govWorks, Inc., a U.S. government Web portal, to create a suite of tools that will reduce bureaucratic delays in business-to-government (B2G) transactions The new system will handle tax payments, environmental impact and other regulatory filings, permitting and ...
A group of 26 Internet advertising companies announced the formation of an organization to tackle the issue of online privacy at the Internet World trade show in Los Angeles today Perhaps the most notorious member of this new "Personalization Consortium" is DoubleClick, whose data collection practices have triggered a U.S. Federal Trade Commission ...
Online brokerage firm E*Trade expanded its operations this week with the launch of E*Trade Bank, an online consumer banking service that will offer FDIC-insured banking products and services fully integrated with its electronic brokerage The move comes less than three months after E*Trade's merger with Telebank, the largest pure-play Internet bank....
Palo Alto, California-based financial services firm X.com announced Wednesday that it has received $100 million (US$) in financing from a variety of new and existing investors X.com, which offers free e-mail payment services integrated with banking and investment services, has attracted some $125 million in venture capital since last October.
The United States Postal Service (USPS) has announced an agreement with CheckFree Holdings Corp. (Nasdaq: CKFR) to provide electronic billing and payment services to customers through its USPS.com Internet portal Effective immediately, customers who sign up for the Postal Service's e-commerce site can use the eBillPay service to make payments to an...
Faced with mounting pressure from regulators and online privacy advocacy groups, 26 Internet advertising, direct marketing and consulting companies announced today that they have formed a self-regulating organization called the Personalization Consortium Based in Wakefield, Massachusetts the organization will serve as an advocacy group for responsi...
By taking advantage of sophisticated video and e-commerce technology, adult-oriented businesses leapt onto the Net far ahead of their tamer counterparts and established a mammoth base of repeat customers In fact, Forrester Research found in 1998 that online sales of adult material accounted for eight percent of all e-commerce. While the firm no lon...
Contrary to the widely accepted notion that older Americans are separated from the Internet and e-commerce by an insurmountable "digital divide," a survey released Wednesday by Media Metrix (Nasdaq: MMXI) shows that Americans born before 1964 are the fastest-growing population on the Web This older group, which expanded its Internet presence by 20 ...
TurboLinux, formerly known as Pacific HiTech, originated in Japan and has aggressively pursued open-source software market opportunities in China, expanded international operations into Latin America, Europe and elsewhere in Asia-Pacific, and moved into North America by establishing a headquarters in San Francisco, California In the following exclu...
Business-to-business (B2B) e-commerce solutions company Ariba (Nasdaq: ARBA) and Bank of America (NYSE: BAC), the largest bank in the United States, announced plans today to develop a suite of B2B services and a marketplace for the bank's two million business customers The Charlotte, North Carolina-based Bank of America, with $633 billion (US$) in ...
When talks between the U.S. government and Microsoft Corp. broke down for the last time Saturday, it heralded the beginning of the next painful phase in the ongoing antitrust case "After more than four months, it is apparent that the disagreement among parties concerning the likely course, outcome and consequences of continued litigation, as well a...
At the urging of the U.S. Consumer Product Safety Commission (CPSC), two of the Internet's largest auction houses, Amazon.com (Nasdaq: AMZN) and eBay, Inc. (Nasdaq: EBAY), have agreed to assist consumers by including CPSC product recall information on their sites The CPSC says it has the power to order retail stores to remove hazardous or defective...
Venture capital firm Technology Crossover Ventures (TCV) announced today that it has set a new watermark in the flood of venture capital money washing over Internet companies by closing a $1.6 billion (US$) fund The Palo Alto, California-based firm said that 100 institutional investors, 15 investment banks and over 150 leading Internet executives p...
U.S. District Judge Thomas Penfield Jackson found late Monday that Microsoft Corp. has violated the Sherman Antitrust Act by undertaking illegal anti-competitive actions to maintain its monopoly on personal computer operating systems Jackson said the software maker used its power in the industry to "monopolize the Web browser market" to the detrime...
One of the best known Internet business models is to provide free content to online readers and charge corporate sponsors for advertising space.While there has never been a doubt as to the success of this paradigm in the print and broadcast media, some skeptics have questioned whether this "content/publisher" strategy can succeed on the Web. The E-Commerce Times took a close look at five Internet-based content publishing companies,Andover.net, Inc., CNET Networks, Inc., Internet.com Corp.,Yahoo! Inc. andZDNet Group, and found not only that the business model is fundamentally sound, but also that some of the leading content providers are well-positioned to become extremely profitable pillars of the new Internet economy...
Handspring Inc., a maker of handheld computers started by Palm, Inc. alumni Jeff Hawkins and Donna Dubinsky, plans to sell shares in an initial public offering The company filed with the U.S. Securities and Exchange Commission (SEC) to sell $300 million (US$) of stock, though it did not list the number of shares it plans to sell or give an estimate...
With all hopes for a settlement of the antitrust case against it dashed, software giant Microsoft (Nasdaq: MSFT) is bracing for harsh sanctions and a possible breakup of the company when federal judge Thomas Penfield Jackson issues his ruling sometime this week The chief mediator in the case, U.S. Court of Appeals Judge Richard Posner, announced Sa...
Ominous auditor reports brought the plight of several e-commerce companies into stark focus last week, sending their share prices toward the cellar amid a Nasdaq slide of nearly 200 points Though not usually headline grabbers, the auditing firms shared the spotlight with the beleaguered companies who were forced to publicly face the reality of clos...
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