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Can E-Commerce Save Free Television?

The e-commerce revolution is destined to receive an enormous boost from a new technology that is now making the rounds of consumer households While this technology is critical to the developing world of e-commerce, it may be of greater importance to today's television industry. While enabling the coming world of television-based e-commerce, the tec...

Latest Hacker Attack Cripples Online Brokerage

In what has become a persistent problem for popular Internet sites of late, the National Discount Brokers Group reported that its stock-trading Web site was shut down for more than an hour Thursday as a result of an apparent denial-of-service (DoS) hacker assault The outage prevented 200,000 National Discount customers from placing stock orders thr...

Report: $525M in E-tail Sales Tax Not Collected in 1999

The Internet tax debate was injected with a measure of reality this week as Forrester Research, Inc. claimed that local and state governments in the United States passed up $525 million (US$) in 1999 tax revenues from Internet sales The market research firm estimated that nearly $13 billion in taxable retail goods were sold over the Internet in 199...

New Priceline Service Tackles Rising Gas Prices

Name-your-price pioneer Priceline.com (Nasdaq: PCLN) announced today that it will spearhead the Internet's effort to deflate rising gasoline prices in the U.S. by introducing a service that could allow consumers to save 10 to 20 cents per gallon at local major-brand gas stations The Stamford, Connecticut-based company said its WebHouse Club affilia...

Big Three Automakers Form Joint Internet Venture

Big Three auto manufacturers General Motors Corp., Ford Motor Co. and DaimlerChrysler stunned the automotive and e-commerce worlds Friday by agreeing to form a single online business-to-business (B2B) trading network The companies said that the as yet unnamed trading network will be a separate company, have a new URL, and may be accompanied by an I...

eSoft Opens Linux 'Gateway'

eSoft, Inc. (Nasdaq: ESFT), the developer of the TEAM Internet Linux software suite, announced a strategic alliance Wednesday with Gateway, Inc. (NYSE: GTW) to advance Linux-based Internet software and services to small and mid-sized businesses Under the terms of the agreement, Gateway will pick up $25 million (US$) in eSoft common stock, investing...

ICG Invests $450M in Instant Financing Firm

The Internet Capital Group (ICG) announced Thursday that it has agreed to acquire an interest in eCredit.com for $450 million (US$) worth of ICG common stock. ICG has investments in 29 companies that provide a variety of business-to-business (B2B) services eCredit.com operates its Global Financial Network to connect businesses that need trade finan...

Technology Spotlight: AXENT Technologies

The recent series of denial-of-service (DoS) attacks on some of the Internet's most popular Web sites rocked cyberspace and called into question whether the online community is truly able to handle the massive amount of activity that it now sees As a result, the stock prices of companies involved in the online security market surged, vendors found ...

Compaq Strikes E-Commerce Security Pact with Baltimore

Compaq Computer Corp. (NYSE: CPQ) and online security firm Baltimore Technologies (Nasdaq: BALT) announced an agreement Wednesday that will provide security solutions for Compaq's e-commerce operations and other e-business customers Under the terms of the agreement, Compaq will incorporate Baltimore's UniCERT Certificate Authority (CA) system, publ...

Internet Tax Panel Chief Denies Backing Compromise

Virginia Governor James Gilmore, the head of the Advisory Commission on Electronic Commerce (ACEC), said Wednesday afternoon that he is not backing off his opposition to taxation on the Internet as was widely reported Speaking at a luncheon in Boston, Massachusetts, Gilmore reiterated his strong opposition to Internet taxation. "I'm in a minority b...

Forbes Magazine Ranks the E-Commerce Times As a Top Ten Technology News Site

The E-Commerce Times, the world's leading e-commerce news portal, has been selected by Forbes Magazine as one of the top ten technology news sites on the Internet. The ranking appears in Forbes "Best of the Web" Spring Edition, dated February 28, 2000 Forbes chose the E-Commerce Times for its in-depth coverage of e-business and technology news. The...

Softbank Gives Toys "R" Us $57M Vote of Confidence

Giant Internet investor Softbank gave Toys "R" Us (NYSE: TOY) a much needed vote of confidence Thursday by announcing that it will take a $57 million (US$) minority stake in the toy maker's Toysrus.com online subsidiary The move comes at a crucial time for Toys "R" Us, whose stock has been languishing near all-time lows recently. The toy retailer w...

Avis Europe To Form Online Used Car Venture

Avis Europe and U.S.-based e-commerce solutions provider Navidec (Nasdaq: NVDC) announced today that they are forming a joint venture to sell used rental cars worldwide over the Internet According to the companies, the new site will launch in the United Kingdom later this year and will eventually expand throughout major European markets. Avis Europ...

Will Online Fundraising Redefine U.S. Politics?

Arizona Senator and Republican presidential candidate John McCain's recent record online fundraising tally of $500,000 (US$) in one day signals the arrival of a key new factor in the U.S. political process, according to a new report by Forrester Research Just as the televising of the 1960 Nixon-Kennedy debates broke new political ground, McCain's s...

Baby Bells Jump into B2B Marketplace

Hot on the heels of the acquisition of business-to-business (B2B) software provider Sterling Commerce by telecom giant SBC Communications, two other former "Baby Bells" have jumped into similar waters BellSouth has unveiled a plan with Commerce One to create a B2B marketplace for the telecommunications industry worldwide, while US West has cut a de...

TurboLinux Adds E-Commerce Suite to New Server

TurboLinux has entered into a partnership with Akopia, a provider of online business solutions, to bundle its latest server software package with an e-commerce suite The Linux software vendor will now give users of its new TurboLinux Server version 6.0 access to the Tallyman open-source e-commerce storefront management system. The e-commerce enabli...

A Columnist's About Face

Last December, when Canadian startup Zero-Knowledge Systems, Inc. began selling a service that allows Internet users to choose fictitious names for such activities as sending e-mail, visiting Web sites or joining newsgroups, I was not at all impressed At the time, I said, "No matter which way one looks at it, this disastrous so-called service serve...

Court Documents Join E-Commerce Parade

CourtLink, a provider of real-time online access to court documents in the U.S. federal system, and JusticeLink, an Internet provider of electronic document filing to courts, announced today that they intend to merge and create a fee-based Internet gateway to U.S. court systems The market for purchasing and filing court documents online is potentia...

Antitrust Judge Likens Microsoft to Standard Oil

District Judge Thomas Penfield Jackson dealt Microsoft Corp. a significant blow in its ongoing antitrust trial yesterday by comparing the software company to John D. Rockefeller's 19th century Standard Oil monopoly that was broken up by the U.S. government some 90 years ago "Mr. Rockefeller had fee simple control over his oil," Jackson said in the ...

Ford and Trilogy Forge E-Commerce Alliance

Number two U.S. automaker Ford Motor Company said today that it will form a joint venture with business software and e-business solutions company Trilogy Software to develop and operate its consumer Web sites The Detroit, Michigan-based auto giant said it will retain a majority stake in the venture. Both companies, it said, will make a "significant...

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