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After coming under heavy scrutiny for an alleged software failure that allowed an unidentified hacker to purloin and publish confidential credit card information on the Internet, CyberCash has issued a terse statement denying that its product contributed in any way to the security breach The hacker claimed in a series of e-mails to a New York Times...
Yesterday, when we first heard the announcement about the pending merger between America Online and Time Warner, it was a stunner While cynical journalists are not often taken by surprise, the news virtually took our collective breath away -- and we were not alone. The deal made the entire industry pause and hold its breath.
In an effort to jumpstart consumer acceptance of its recently released Linux distribution, Corel Corp. (Nasdaq: CORL) has tapped the services of Web-enabling solutions provider GraphOn Corp. (Nasdaq: GOJO) Corel will incorporate the GraphOn Bridges product into the Corel LINUX OS package to enable users to run Windows applications over any connecti...
This past Friday, I suggested that Microsoft had "missed the boat" because it was planning to sell paperless books through its Microsoft Reader, rather than downloadable audio books like those being touted by Wayne, New Jersey-based Audible By contrast, companies such as Philips Electronics NV, Sanyo Electric Co., Toshiba Corp., and Panasonic decid...
American drugstore giant CVS (NYSE: CVS) and health information Web site Healtheon/WebMD (Nasdaq: HLTH) announced today that they have forged a five-year, exclusive alliance The agreement calls for the Woonsocket, Rhode Island-based CVS to be the exclusive online pharmacy for Healtheon/Web MD and in the health channels of partners Lycos, Excite@Hom...
No. 1 Internet service provider America Online and U.S. automaker General Motors have announced a joint venture that will help consumers shop and service their new cars via the Internet Under the terms of the agreement, GM and AOL will work in tandem to leverage AOL's recently revamped Auto Channel across the online service's multiple channels. The...
In what some observers are labeling the deal of the century, media giant Time Warner and number one online service provider America Online announced a stock-for-stock merger today that is expected to be valued at $350 billion (US$) Under the monster merger, AOL will gain access to Time Warner's broadband assets, while Time Warner's media properties...
The E-Commerce Times has added shopping portal ShopNow.com (Nasdaq: SPNW) to its "Top 10" Stock Index, a feature that tracks the stock prices for 10 public companies that represent the e-commerce industry The E-Commerce Times Index presents a daily snapshot of how e-commerce companies are performing in the market at any point in time. Today, for ex...
Wal-Mart Stores and Silicon Valley venture capital firm Accel Partners announced yesterday that they will join forces to form Wal-Mart.com, Inc The new independent company, based in Palo Alto, California, is designed to greatly accelerate the development of Wal-Mart's Internet site and to further attract offline customers to e-tailing via Wal-Mart'...
Lost in the shadow of Wal-Mart's decision to move their online operations to Silicon Valley were major e-commerce announcements by two other brick-and-mortar mainstays $10 billion (US$) retailer Best Buy (NYSE: BBY) announced a major expansion of its Web site to include all of the electronics products that the company now sells and also unveiled a ...
Spanish-language online retailer Espanol.com has found that few Hispanic Internet shoppers in the United States care whether their shopping destinations are in English or Spanish The study of 2,000 Internet-ready U.S. Hispanics, commissioned by Espanol.com and conducted by Research & Research, Inc., found that 51 percent of respondents are either i...
Working capital for startups has come to e-commerce companies from various sources, including family members, cash advances on credit cards, and even life savings The bulk of startup money, however, continues to flow from venture capital, which was once the exclusive enclave of well-to-do investors. Today, however, venture capital has become mainst...
At this week's Consumer Electronics Show in Las Vegas, Nevada, portable digital music players will be one of the top attractions However, music is not the only content that these machines are capable of playing. For instance, it has been reported that Wayne, New Jersey-based Audible, Inc. will announce agreements with several huge consumer electron...
E-commerce security solutions provider and research firm nCipher is alerting the online community to a potential threat that the company believes could leave e-commerce operations vulnerable to the theft of private cryptographic keys from a server nCipher is warning that e-commerce Web sites may be vulnerable to a "key-finding attack," allowing una...
Health products provider MotherNature.com (Nasdaq: MTHR) announced today that it has formed separate partnerships with health care provider Landmark Healthcare and the American Association of Naturopathic Physicians (AANP) In the deal with Landmark Healthcare, MotherNature.com's discount vitamins, minerals, supplements and other natural products wi...
Cybernet Systems Corp. is a manufacturer of Linux-based thin servers that were designed for small to medium-sized businesses that are looking for an inexpensive and simplified way to gain an online presence The NetMAX pre-configured Web server for Linux product, which Cybernet boasts can be installed in 15 minutes, is based on the Red Hat Linux dis...
For those who have gotten comfortable buying products online, here are two questions. First, how do you get the stuff you buy serviced? Second, can you get an extended warranty like the kind that is readily available from most brick-and-mortar sites? These questions are part of the myriad of back-end e-commerce issues that have pushed many analysts...
NBC's new Internet venture NBCi (Nasdaq: NBCI) announced today that it is joining with shopping network ValueVision International (Nasdaq: VVTV) to make a $20 million (US$) equity investment in online consumer electronics retailer ROXY.com The deal will showcase ROXY.com's product offerings on NBCi's flagship portal, Snap, and across the NBCi Web p...
Cambridge, Massachusetts-based yet2.com, a pioneer in the field of intellectual property buying and selling over the Internet, announced today that it has received $20 million (US$) in backing from a group of high-profile venture capitalists and multinational corporations, including Proctor & Gamble and Honeywell The company, which is viewed by its...
Ford Motor Corp. (NYSE: F) subsidiary Lincoln Mercury has expanded a successful pilot program that allows consumers to communicate directly with company product specialists over the Internet before purchasing a vehicle The program walks a fine line between selling directly to consumers by referring all prospective customers to a local dealer. Linco...
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