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According to a new study by Forrester Research (Nasdaq: FORR), online business-to-consumer (B2C) sales are set to grow explosively in Europe from $2.8 billion (US$) in 1999 to approximately $170 billion in 2005 The Cambridge, Massachusetts-based research firm predicts that growth will average 98 percent annually, and will be fueled by a meteoric ri...
The rights of musicians and all artists took a direct blow to the chin earlier this month when members of America Online's Nullsoft music division made it even easier for Web surfers to steal intellectual property The "Gnutella" software, which was developed by the same group that created the popular Winamp MP3 player, is a file-sharing tool that l...
Well before the end of this year, voice-based Internet access stands to revolutionize the way business is done over the Internet, trigger the growth of a new class of mega-billion dollar companies, and dim the potential for WAP-based handheld wireless devices At the core of these new services are voice recognition and text-to-speech technologies th...
Research firm International Data Corp. (IDC) is projecting that online bill presentment and payment will generate more than $1 billion (US$) in worldwide revenues by 2004 "Buying products over the Internet with a credit card has become a common occurrence, but viewing the credit card bill itself and submitting a payment to settle it electronically ...
As competition in the online auto sales space continues to grow fierce, Internet car-shopping services Autoweb.com and CarsDirect.com have teamed up to try to capture a larger share of the market The alliance, announced late Monday, will include the launch of a co-branded direct buying service on Autoweb.com, placement of exclusive links between th...
According to a study released Monday by New York-based media research and consulting firm The Myers Group LLC, U.S. advertisers will spend more on advertising online than they will on network broadcast television by 2005 The study suggests that U.S. advertisers will spend $32.5 billion (US$) to advertise their products over the Internet by 2005, co...
Just weeks after announcing an online business exchange with America's big three automakers, Commerce One, Inc. has announced a similar deal with four aerospace industry giants Together with Boeing Co., BAE Systems PLC, Raytheon Co. and Lockheed Martin Corp., Commerce One will create a Web-based marketplace to transact goods and services with one a...
London-based QXL.com (Nasdaq: QXLC), Europe's largest online auction company, has announced the acquisition of Swedish rival Bidlet AB for as much as $555 million (US$) in stock The deal will give QXL a business-to-consumer online auction base in Sweden, Norway, Denmark and Finland to expand on its existing consumer-to-consumer auction base in Norw...
It was reported late last week that the U.S. government and Microsoft were finally ready to lay down the gloves and craft a compromise that would bring one of America's longest-running soap operas to an end By Monday, however, hopes for a settlement seemed to die as it was reported that government lawyers rejected Microsoft's last minute settlement...
A report by Forrester Research (Nasdaq: FORR) projects that interactive digital television (iDTV) will replace the personal computer as the primary avenue for European e-commerce by 2005 Last week, the E-Commerce Times made similar projections for the U.S. in a four-part series on the future of e-commerce and interactive digital television. By 2006...
Despite widespread optimism last week that Microsoft and the U.S. Department of Justice (DOJ) were on the brink of settling the antitrust case against the software titan, the U.S. government has reportedly rejected the company's last-ditch proposal Unless unexpected progress is made today, U.S. District Judge Thomas Penfield Jackson will issue a ru...
While e-commerce has managed to make the world a smaller place, bring convenience and value to shoppers, and boost economic indicators into the stratosphere, it has also spawned a dark underbelly where drug abusers can purchase illegal substances with just a few clicks of the mouse Currently, online drug transactions are taking place in increasing ...
The Federal Bureau of Investigation (FBI) announced Friday that two Welsh teenagers have been arrested for allegedly hacking into 11 e-commerce sites and stealing information on more than 26,000 credit card accounts. Losses in the case could exceed $3 million (US$) Raphael Gray, 18, and another unnamed teenager are being charged under the United Ki...
ReplayTV, Inc., one of several set-top box manufacturers at the forefront of the coming interactive television age, is preparing to go public The company is attempting to target consumers that do not have or want personal computers by enabling them to pause a television program, record it to a hard disk, use the screen for e-commerce or other appli...
In an effort to consolidate its position in the hotly-contested online auction market, Internet powerhouse Yahoo! (Nasdaq:YHOO) announced Thursday that it has acquired e-commerce payment service provider Arthas.com, Inc The acquisition of Arthas, which operates DotBank.com, will allow Yahoo!'s 120 million users to forgo the use of such outside serv...
According to published reports, the Walt Disney Company has quietly been lobbying the U.S. Congress to block the proposed $180 billion (US$) merger of America Online and Time Warner, Inc In addition to lobbying House and Senate staffers, Disney executives have requested intervention by the U.S. Federal Trade Commission (FTC) and have apparently bee...
Results of two new studies released this week indicate that the future of wireless e-commerce may be less than rosy for the near term A report from research and consulting firm Ovum, titled "Mobile E-Commerce: Market Strategies," says that consumers may not be willing to pay for services simply because they are wireless.
Just days after unsubstantiated rumors of a Yahoo!-eBay merger played havoc with investors, Financial Times writer William Lewis is reporting that the two Internet powerhouses are indeed pursuing a blockbuster deal Last week, CNBC reported rumors that the two companies were in merger talks, triggering a rush in after-hours investing that drove eBay...
The U.S. Federal Trade Commission (FTC) announced Thursday that 150 organizations in 28 nations have pledged to join forces to tackle Internet fraud FTC Bureau of Consumer Protection chief Jodie Bernstein described the cooperative effort as the largest of its kind. "Internet con artists are bad actors without borders. We want them to know that the ...
According to a study released this week by PricewaterhouseCoopers and The Conference Board, America's largest companies are investing more money than ever in electronic commerce but have not yet utilized the Internet to maximum effect The study, titled "Electronic Business Outlook for the New Millennium," was conducted for the second year in a row ...
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