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Online travel sites Travelocity.com (Nasdaq: TVLY) and Preview Travel (Nasdaq: PTVL) announced the completion of a merger today that reportedly creates the largest travel site on the Web and the third-largest e-commerce site overall Travelocity.com has a long history in the travel market. The company was founded in 1996 by SABRE, which possesses a ...
Six of the largest movie chains in the United States announced plans today to form an e-commerce portal where consumers can buy tickets, peruse reviews and view previews The alliance is apparently an effort to become less dependent upon America Online's Moviefone unit, which serves 34 markets in the U.S. and Canada. The venture will also attempt to...
Wall Street was set abuzz Wednesday morning by rumors of a possible settlement of the ongoing Microsoft antitrust trial The Redmond, Washington-based Microsoft has been jockeying back and forth over a settlement with the U.S. Department of Justice (DOJ) since early November, when U.S. District Judge Thomas Penfield Jackson ruled that Microsoft effe...
In an effort to patch up its tattered reputation in the wake of its recent online invasion-of-privacy fiasco, controversial Internet advertising giant DoubleClick (Nasdaq: DCLK) announced today that two high-profile New York consumer advocates will now lead its privacy efforts Jules Polonetsky, who was named New York City Consumer Affairs Commissio...
When Big Three automakers GM, Ford and DaimlerChrysler announced the formation of a single business-to-business (B2B) marketplace for buying and selling supply chain-related auto products, the firms inadvertently demonstrated the promise and peril of e-commerce on the Internet On the plus side, the three firms are going to create what Howard Kutner...
According to consulting firm Booz Allen & Hamilton, the United Kingdom is verging on the same type of "digital divide" that the U.S. government discovered in America's urban and rural communities last summer This gap in access to the Internet and technology between the "haves" and "have nots" will only get worse, the consulting firm warns, unless t...
Newly-released research from The Boston Consulting Group (BCG) reveals that a strikingly high online purchase failure rate and fear of online fraud are preventing a sizable number of online shoppers from returning to the Web The study, "Winning the Online Consumer: Insights Into Online Consumer Behavior," shows that while 28 percent of attempted on...
Michigan Attorney General Jennifer M. Granholm has "reserved judgment" about DoubleClick's recent pledge to stop tracking individuals by name over the Internet "While admitting error is a good first step, I must reserve judgment on whether DoubleClick has truly committed itself to protecting the privacy of Internet users," Granholm said in a statem...
General Electric Company (NYSE:GE), which is already established as a major online player, has launched an electronic commerce division to tap into the burgeoning business-to-business (B2B) market. GE Information Services has been considered a major competitor for IBM in the area of trading systems between companies that order, ship and track supplies and products...
So, you want to see your e-store take off and generate the big bucks. Well, in the old days, I might simply have reminded you to buy low and sell high, or to remember that the customer is always right. However, in the new electronic world, my best advice consists of three simple words: Be Like Bezos Do what Amazon.com does, and you won't go wrong.
Online auctioneer eBay, Inc. (Nasdaq:EBAY) and used car listing service AutoTrader, Inc. unveiled a used car marketplace Tuesday for consumers and dealers The deal gives eBay's 10 million customers immediate access to AutoTrader's inventory of 1.5 million used vehicles, which come from 40,000 participating automobile dealerships and 250,000 private...
As 16 U.S. states prepare to cast presidential primary votes in what has become known as "Super Tuesday," Internet research firm Forrester Research (Nasdaq: FORR) has declared Vice-President and Democratic front-runner Al Gore the most Internet-friendly candidate in the 2000 presidential race The Cambridge, Massachusetts-based Forrester said Monday...
The issue of Internet privacy seemed to dominate much of the e-commerce terrain last week as President Bill Clinton and the U.S. Senate Commerce Committee waded knee-deep into the fray According to published reports, Clinton gave high-tech industry leaders a stern warning last Friday, telling them that they must quickly adopt minimum privacy standa...
While new research by PricewaterhouseCoopers shows that low prices continue to lure U.S. shoppers to the Internet, data from @plan (APLN) indicates that U.S. consumers are taking security issues seriously enough to consider abandoning e-commerce for the safety of the real world ...
In an effort to gain Internet dominance, Internet trust provider and security firm VeriSign, Inc. (Nasdaq: VRSN) has agreed to acquire domain name registrar Network Solutions, Inc. in a stock-for-stock swap worth an estimated $21 billion (US$) The combined company plans to add staff in order to build its presence in new Internet service areas. Netw...
Internet sports media company SportsLine.com (Nasdaq: SPLN) announced today that it intends to form a joint venture to launch a series of Web sites across Asia that will provide information and sell sporting goods and licensed team apparel The firm said the upcoming Olympic Games in Sydney, Australia and the 2002 World Cup soccer match in Korea and...
CheckFree Corp. (Nasdaq: CKFR) has announced that it will team up with application service provider Derivion to offer an e-billing service to small and medium-sized companies. The agreement will give CheckFree access to Derivion's inetBiller and enable Derivion to gain access to a wider number of users The Atlanta, Georgia-based Derivion provides s...
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) and Spanish ISP Terra Networks announced a $2.4 billion (US$) merger today that will create a global Internet banking group with Irish Internet-only bank First-e The Spanish companies intend to merge First-e with their recently-developed Uno-e venture to create an Internet banking group known as U...
The U.S. Federal Trade Commission (FTC) has intensified government scrutiny of online consumer privacy by announcing that it will survey U.S. commercial Web sites about how personal consumer data is collected and used The FTC said that the survey will include a random sample from a list of the busiest sites on the World Wide Web, as compiled by Nie...
Recently, it has been reported that Russia is on the verge of cashing in on a growing boom in Internet use and e-commerce, if only -- we are told -- authorities would seize the opportunity and do away with bureaucratic hurdles The fact of the matter is that Russian e-commerce generated about $160 million (US$) in sales in 1998, according to the Rus...
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