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As the investigation into last week's denial-of-service (DoS) hacker attacks narrows its focus today, U.S. President Bill Clinton is expected to propose a new Internet security center at a meeting with high-tech executives According to a planning document, the new Cyber-National Information Center, or Cyber-NIC, will be a place where companies can ...
Stung by industry-wide criticism over revelations that it compiled and sold user information without proper disclosures, Internet advertising giant DoubleClick, Inc. (Nasdaq: DCLK) launched a public relations counterattack Monday with what it claims is "one of the largest public service campaigns in Web history." At the heart of the matter is Doubl...
Linux software solutions provider Red Hat, Inc. (Nasdaq: RHAT) has expanded its European business apparatus by establishing Red Hat France and Red Hat Italy The new operations, headquartered in Milan, Italy and Cagnes sur Mer, South of France, will function as wholly-owned Red Hat subsidiaries and deliver software, support and training services to ...
According to a study released today by PricewaterhouseCoopers, venture capital funding in the United States increased nearly 150 percent to $35.6 billion (US$) last year, with Internet-related companies drawing 56 percent of that total The annual Money Tree survey starkly illustrates the shift in the American economy from manufacturing to technolog...
Mammoth coffee retailer Starbucks (Nasdaq: SBUX) has launched a conservative foray into e-commerce by announcing a five-year e-commerce agreement with Internet home delivery service Kozmo.com Kozmo will pay $150 million (US$) for in-store promotion across Starbucks' 2,100 retail locations. Among other initiatives, the company will place drop boxes ...
With a marketing slogan that reads "The most trusted name in e-security," RSA Security, Inc. (Nasdaq:RSAS) already suffered some loss of face early Sunday morning when it discovered that one of its servers had been compromised by pranksters whose hobby it is to deface Web pages. Then it happened again RSA Security is one of the world's leading comm...
According to research firm Nielsen//NetRatings, this year's online Valentine's Day shoppers clearly preferred niche sites to online superstores The company compared traffic in the two weeks before Valentine's Day to traffic during normal shopping periods, and found that despite prominently-displayed promotions, online superstores such as Amazon, Bu...
When giant e-tailer Amazon.com reported its fourth quarter earnings earlier this month, the company reignited an old debate over whether pure-play Internet e-tailers are fundamentally capable of turning a profit Many critics pointed out -- and rightfully so -- that despite enjoying skyrocketing revenues, the company reported significant losses. The...
U.S. investigators and computer security experts have reportedly narrowed their search for the perpetrators of last week's denial-of-service (DoS) hacker attacks against some of the Internet's most popular Web sites down to at least two possible suspects Law-enforcement officials have been attempting to gather evidence by analyzing network traffic ...
Online toy giant eToys, Inc. disclosed last week that it has become the subject of a Federal Trade Commission (FTC) probe into its business practices In a filing with the U.S. Securities and Exchange Commission (SEC), the Santa Monica, California-based company stated that the FTC is conducting its inquiry "to determine compliance with the FTC's Mai...
Despite the recent barrage of hacker attacks on high profile e-commerce sites, online shoppers have continued to buy products and services -- albeit more cautiously -- over the Internet For those e-tailers that experienced a denial-of-service (DoS) attack, it may have been fortuitous that Valentine's Day was just around the corner. Many U.S. consum...
Top air carriers United Airlines and Delta Air Lines significantly expanded their Web presence by announcing new consumer and corporate e-commerce travel services this week United will partner with broadband provider On2.com to offer e-commerce, travel information and television-quality travel videos, while Delta's redesigned consumer Web site will...
The number of travelers booking airline flights and hotels over the Internet has increased 146 percent in the past year, according to a report released this week by the Travel Industry Association of America (TIA) The report shows that 16.5 million travelers bought tickets and made reservations online in 1999, while another 35.7 million travelers m...
Despite failing to generate a significant amount of campaign contributions, the Web site of Republican presidential candidate and Texas governor George W. Bush has been rated the best among the remaining candidates by a Forrester Research study The survey analyzed the sites of Bush, former New Jersey Senator Bill Bradley, Arizona Senator John McCai...
In the wake of this week's attacks on some of the Internet's most popular Web sites, the White House has announced that it will convene an Internet security summit with high-tech industry leaders next week According to published reports, as many as 20 top Internet executives will meet with President Clinton, Attorney General Janet Reno, Commerce Se...
This week's denial-of-service (DoS) attacks on high profile Web sites such as Yahoo!, eBay and Amazon.com have the potential to translate into future profits for companies that offer protective online services such as insurance and security software In the evolution of electronic commerce, insuring e-tailers and associated businesses against unpred...
At a news conference Wednesday, the Federal Bureau of Investigation said that it is mounting a worldwide hunt for those responsible for a wave of cyber-attacks against major Web sites The FBI was responding to the third full-scale hacker assault in as many days, as online broker E*Trade and a number of other sites had traffic disrupted by a coordin...
Software solutions developer Corel Corp. (Nasdaq: CORL) announced this week that it has entered into a licensing agreement with Macromedia, Inc. (Nasdaq: MACR) to bring Macromedia Flash technology to its distribution of the Linux operating system The addition of Macromedia's Flash product -- which is already included with current versions of the Ap...
Internet venture capital firm CMGI (Nasdaq: CMGI) announced today that it will pay approximately $407 million (US$) for auction site uBid.com (Nasdaq: UBID) in a stock deal that will lodge the network squarely in the highly competitive online auction industry "Online auctions, both business-to-consumer and business-to-business, are one of the faste...
Japan's rush to soar into cyberspace reportedly made it easy for hackers to attack government Web sites last month, and the country's vulnerability is reflected in similar attacks on major U.S. sites this week A Reuters report today contended that Japan was slow to embrace the Internet, but in recent months cyberspace has become a craze among gover...
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