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IBM (NYSE: IBM) has edged yet another step away from Microsoft by working with the University of New Mexico to create a Linux-based supercomputer that will do more than just crunch research numbers If Big Blue has its way, the new Linux-powered Los Lobos clustering computer will significantly accelerate the range and capabilities of e-commerce oper...
Five of the largest homebuilders in the United States have joined together to provide new home listings nationwide and sell home-related after-market products over the Internet Centex Corp. (NYSE: CTX), D.R. Horton, Inc. (NYSE: DHI), Kaufman & Broad Home Corp. (NYSE: KBH), Lennar Corp. (NYSE: LEN) and Pulte Corp. (NYSE: PHM) said they will form a s...
In the film "The Truman Show," the hapless title character is the star of his own life -- an extended TV show that includes advertising spots that are seamlessly woven into the content While the movie is a pointed commentary on the voyeuristic nature of American society, many of its underpinnings are not as farfetched as they may seem. Many Interne...
Victims of identity fraud got a high-profile spokesperson this week when veteran actor Jerry Orbach, best known as detective Lennie Briscoe on NBC's "Law and Order," sued online auctioneer eBay for posting his social security number on the Web The suit, filed in Manhattan federal court, alleges that eBay violated Orbach's rights when the site began...
The U.S government and Microsoft are reportedly close to a settlement that, contrary to conventional wisdom, would leave the giant corporation intact The mediations, which have been conducted by appellate judge Richard Posner, apparently have produced a plan that would require Microsoft to significantly alter its business practices. Additionally, t...
When CompUSA announced that it is revamping its e-commerce Web site to better capitalize on its national brand identity, the company began writing the latest chapter in what has so far been a failed online game plan The top U.S. brick-and-mortar computer chain also confirmed that it has slammed shut the virtual doors of its e-commerce site, Cozone....
Despite the likelihood that the Advisory Commission on Electronic Commerce (ACEC) will fail to achieve a consensus after months of rancorous debate, both houses of the U.S. Congress are now considering the formation of a similar body to examine online privacy issues This week, Representatives Asa Hutchinson (R-Arkansas) and Jim Moran (D-Virginia) i...
In Parts I, II and III of this series, the E-Commerce Times explored the emergence of digital television into the public consciousness. The similarities to the early 1990s, when the Internet had about a million users, are striking Since 1990, the number of Internet users has increased to 172 million, and is expected to leap to 350 million by 2003.
Online grocer Peapod, Inc. (Nasdaq: PPOD), which recently lost its CEO and $120 million (US$) in funding, was slammed with a class action lawsuit Monday over claims that misleading statements artificially inflated the company's stock price The suit -- filed in federal court in Chicago, Illinois by the New York law firms Abbey, Gardy & Squitieri and...
Caldera Systems, Inc. began publicly trading its stock on Nasdaq Tuesday, closing up almost 111 percent in a $70 million (US$) IPO that fell short of other recent Linux offerings Caldera raised the price of its common stock to $14 late last week -- just days after an increase to between $8 and $10 a share. Expectations were high because the company...
A small city in Georgia is attempting to span the so-called "digital divide" by providing free Internet access to its citizens via cable television for at least one year. The service will not include personal computer access The Internet access will be provided by interactive digital TV firm WorldGate Communications, Inc. (Nasdaq:WGAT) and cable co...
Cybercrime is booming right along with e-commerce, according to a report released Wednesday by the Computer Security Institute The study, which was conducted in partnership with the Federal Bureau of Investigation (FBI) Computer Intrusion Squad, showed that over 90 percent of respondents had detected cyber attacks. Stunningly, a total of $266 milli...
A growing number of investors have come to believe that pure-play e-commerce companies are burning their cash at an incredibly rapid rate and that these firms will be forced to dilute their outstanding shares with expensive rounds of new financing -- or worse According to Barron's, such companies as music retailer CDNow, Inc., Internet commerce fir...
Former General Motors executive Roy Roberts has announced the formation of M-Xchange.com, a business-to-business (B2B) trade exchange that will encourage minority-owned businesses to take a more active role in electronic commerce Roberts, who was once the automaker's highest-ranking African-American executive, will serve as chairman, chief executiv...
Kozmo.com, a regional e-tailer that promises one-hour delivery of videos, pizzas and other convenience items, filed Tuesday with the U.S. Securities and Exchange Commission (SEC) to sell shares to the public in an initial offering aimed at raising $150 million (US$) The news comes shortly after Amazon.com said it invested $60 million in the company...
The Clinton administration has announced plans to send a bill to the U.S. Congress that would require online drug retailers to be licensed in the state in which they reside and post basic operational information on their Web sites The plan has the support of the Food and Drug Administration (FDA), which will expand its current efforts to track down...
In Parts Iand II of this series, the E-Commerce Times explored interactive television and how it is now developing at an extraordinary pace on aworldwide scale. By allowing interaction with television advertising and programming, it will significantly transform the e-commerce landscape. However, while satellite TV firms currently hold the lead, cable TV firms are primed to tilt the balance in a hurry...
According to the Bureau of Labor Statistics, the fastest-growing sectors over the next 10 years will be high-tech and e-commerce. However, while 1.2 million college students in the United States earned bachelor's degrees last year, only 5.5 percent received engineering degrees The result is an equation that even a non-engineer can understand: High ...
Struggling computer retailer CompUSA, Inc. is attempting to stage a comeback by scrapping efforts to build an online brand and trying to leverage its well-known retail brand name on the Web Last year, CompUSA launched Cozone.com in an effort to go head to head with Dell Computer Corp. in the small office-home office (SOHO) market. However, after th...
With one of Congress' most active and vocal Internet advocates scheduled to leave Capitol Hill in November, Republicans and Democrats are already scrambling for the powerful chairmanship of the House Commerce Committee Republican Tom Bliley has used his committee post as a pulpit for e-commerce, supporting his Internet-heavy home state of Virginia ...
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