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China Commodity City, which has been appraised as the largest commodities market in China, has formed a partnership with Tianrong Internet Products and Services, Inc. (TIPS) to develop China Commodity City's global B2B e-commerce site, expand the English language portion of the company's current site, and upgrade the site's infrastructure to international B2B standards...
Speaking at a forum held by the Aspen Institute in San Jose, California, U.S. President Bill Clinton sternly warned high-tech industry leaders Friday that they must quickly adopt minimum privacy standards or have the government do it for them "There are two [areas] which are absolutely vital to keep the information economy and all America growing s...
Microsoft is making the move from providing a Web site marketing and information resource on its bCentral small business site to allowing direct trading among its members In a deal with retail back-end software provider Radiant Systems Inc. (Nasdaq: RADS), Microsoft Corp. said the two firms will develop and market a Web-based service on bCentral fo...
On Thursday, Wal-Mart, Inc. tapped former Banana Republic CEO Jeanne P. Jackson to head its newly independent Walmart.com Web site, prompting some industry analysts to believe that the mammoth retailer will finally hit its online stride While the down-to-earth fashions of Wal-Mart may be a far cry from those being marketed at the more upscale Banan...
Arthur Andersen's Real Estate and Hospitality Services Group and real estate consulting firm the Rosen Consulting Group released a joint study Friday that concluded that e-commerce is having a substantial impact on the commercial real estate industry "The Internet's phenomenal growth and the increasing importance of eBusiness are directly impacting...
Yesterday, both U.S. Democratic and Republican Senators expressed serious reservations about the planned merger between media giants America Online, Inc. and Time Warner, Inc "It looks like you are going straight down the Microsoft route," said Senator Fritz Hollings, a Democrat from South Carolina, according to published reports.
Controversial Internet advertising firm DoubleClick, Inc. has reportedly caved in to pressure from consumer groups, U.S. states and advertisers to stop tracking individuals by name over the Internet In a widely-reported mea culpa, DoubleClick Chief Executive Kevin O'Connor said in a statement, "We commit today, that until there is agreement between...
Releasing the first of what will be a steady stream of quarterly reports on national Web sales, U.S. Secretary of Commerce William Daley reported Thursday that e-commerce retail sales topped $5.3 billion (US$) for the fourth quarter of 1999 However, the report found that e-commerce revenues accounted for only 0.64 percent of the total $821.2 billio...
Three of the United States' largest agriculture companies, Cenex Harvest States Cooperatives, Cargill and DuPont Corp., have announced the formation of a new Internet marketplace for farm retailers, cooperatives and manufacturers The new site, Rooster.com, is slated to launch May 1st, and is expected to provide farmers with online access to a varie...
As the issue of Internet security drives toward a critical mass in 2000, yet another e-commerce site has been victimized by a hacker attack Tiny New York-based SalesGate.com reportedly informed its customers by memo that some 2,000 customer records, including credit card and other information, were stolen and posted on the Web. SalesGate.com makes ...
Earlier this week, Texas governor and Republican presidential candidate George W. Bush hinted that he would not have allowed the U.S. to take antitrust action against the Microsoft empire Despite emphasizing that he would not comment directly on the ongoing case, Bush said at a news conference Monday that, "If you're looking for the kind of preside...
Online travel agency and Microsoft spin-off Expedia.com reported Wednesday that it will record $4 to $6 million (US$) in third quarter losses to cover fraudulent credit card purchases made on its Web site Expedia, which reports gross bookings in excess of $1 billion and net revenues of $85 million, has an agreement with the airline companies to pay...
According to published reports, controversial Internet advertising firm DoubleClick, Inc. has been receiving leaked personal financial information from Intuit Corp.'s Quicken Web site Intuit claims to have resolved the problem temporarily by pulling the DoubleClick advertisement from the Web page in question. DoubleClick has said that it was unawar...
Tripwire, Inc., a provider of network security solutions, has announced that it will release the source code for its Linux-based e-commerce software product The move, which has been announced alongside strategic partnerships with Linux players Caldera Systems, Red Hat (Nasdaq: RHAT) and SGI, Inc. (NYSE: SGI), will open development of the Tripwire f...
Software security solutions provider Diversinet Corp. (Nasdaq: DVNT) announced Tuesday that it is extending support of its Software Development Kit (SDK) for creating wireless e-commerce applications to the Linux open-source platform The new SDK product will allow developers who work with Linux and other UNIX environments to utilize Diversinet's Pa...
This week, a long-overdue precedent was set when the operator of a sports gambling Web site was convicted in the first case of its kind to go to trial The New York jury found that Jay Cohen, 33, had broken the U.S. Interstate Wire Act of 1961 by accepting bets and wagers on sports events via the Internet and telephone.
A six-year subscriber of America Online (NYSE: AOL) has won $1 million (US$) in a marketing giveaway by the Virginia-based powerhouse and credit card giant Visa U.S.A Franza Giffen Newsom, of the San Francisco, California area, was chosen at random after signing up with AOL's Quick Checkout feature on its Shop@AOL e-commerce platform. The feature i...
Warner Bros. has introduced a new fashion-oriented Web site, The Fashion Maven, which supposedly allows consumers to purchase articles of clothing online that were recently worn by one of the entertainment giant's television or movie characters Warner Bros. is partnering with fashion e-tailer Bluefly.com, and will provide the fashions while Bluefly...
Name-your-price pioneer Priceline.com (Nasdaq: PCLN) announced Tuesday that it is bringing its service to consumers in Australia and New Zealand by forming a new company Down Under The new company -- to be called MyPrice -- will be led by former Telstra Corp. Ltd. CEO Frank Blount and will start by offering leisure airline tickets. It plans to expa...
eBay, Inc. (Nasdaq: EBAY) and Wells Fargo (NYSE: WFC) announced Wednesday that they have partnered to expand online payment processing company Billpoint, thereby enabling eBay's 10 million users to make payments to one another by credit card. Until now, most buyers at eBay's auction site were forced to mail money orders or checks to sellers when they made a purchase on the popular Internet auction site...
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