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Radicchio Closes In On Wireless E-Commerce Security Standard

The Radicchio Initiative, an industry coalition established to push public key infrastructure (PKI) based wireless e-commerce security standards, has significantly added to its member list of supporting companies Radicchio launched in September of 1999 with Sonera SmartTrust, Gemplus and EDS (Electronic Data Systems) as initial members, and is supp...

New Swedish VC Firm Targets Mobile E-Commerce

With mobile phones becoming more popular than PCs, a number of Swedish technology executives have formed a venture capital firm, Startupfactory, to fund and shape promising mobile e-commerce enterprises Startupfactory, which launched in August 1999, will fund 10 international mobile Internet companies each year, focusing on ventures that deliver e-...

Are E-Scams Giving E-Commerce A Black Eye?

While e-commerce is soaring and breaking all records this holiday season, it also appears that Internet scam artists are having a field day It is this dark side of e-commerce that was brought to light when federal and state regulators recently cracked down on 72 operators of allegedly fraudulent online marketing operations.

B2B Explosion Expected In 2000

A new study released this week by The Boston Consulting Group shows that 25 percent of all business-to-business purchases will be made online by 2003 The figures, which are based on an expected growth rate of 33 percent per year from 1998 to 2003, indicate that the online market will be worth as much as $2.8 trillion (US$) in transaction value.

AOL Buys MapQuest in Billion Dollar Deal

In yet another addition to its "AOL Anywhere" strategy, America Online (NYSE: AOL) announced today that it will acquire online map provider MapQuest.com (Nasdaq: MQST) in a $1.1 billion (US$) stock deal According to AOL, the acquisition will provide users across its extensive network with digital directions from one of the foremost Internet mapping...

Congressman Leads Charge For Open Cable Lines

U.S. Congressman Ed Markey (D-Massachusetts), who has spent years battling cable operators over rising rates and anti-competitive programming contracts, has teamed with former Massachusetts Governor William Weld and the openNET Coalition of Internet service providers to support a state ballot initiative that would force cable companies to let ISPs use their lines...

Cobalt Adds Secure E-Commerce To Server Appliances

Server appliance developer Cobalt Networks (Nasdaq: COBT) announced this week that it will tap the services of RSA Security (Nasdaq: RSAS) to enable secure e-commerce applications on its servers Under the terms of an agreement between the companies, RSA Security's BSAFE Crypto-C software will be bundled with Cobalt's server appliances, adding Secur...

E-Commerce Newsmaker: Justin Jaschke, Chief Executive Officer, Verio Inc.

Verio, Inc. is one of the world's largest Web-hosting company and a leading provider of e-business solutions. With an emphasis on serving the small and mid-sized business market, Verio offers a broad range of Internet solutions such as high-speed Internet access, Web hosting, e-commerce solutions, virtual private networks and other enhanced services...

Sports Franchises Fight Back Against Cyber-Squatting

Fighting back against cyber-squatters who they say have fraudulently appropriated versions of sports franchise names to rake in money, a group representing Major League Baseball, the National Football League, the National Basketball Association, and the National Hockey League have filed a lawsuit against an e-mail provider for violating the new Anti-Cybersquatting Consumer Protection Act...

Why Should Red Hat Be Allowed To Rewrite Wall Street's Rules?

This election season's flock of presidential hopefuls could learn a lot by watching how CEOs of high-tech companies spin bad news into sunshine The latest virtuoso performance came earlier this week, when Red Hat president and CEO Matthew Szulik commented on his company's unexpectedly wide loss of $3.5 million (US$) in its third quarter.

Get Ready For Wireless E-Commerce

Imagine shopping for that book you need, checking your stock portfolio, or reading yesterday's sports scores while making a morning subway commute. It is not only feasible, but likely to happen sooner than you think, thanks to the rapidly approaching world of wireless e-commerce If you thought a telephone was just a device on which to converse, thi...

AOL, Microsoft, CBS, NBC Buy Into Encoding.com

Digital media company Encoding.com, which helps technology companies, music companies and e-commerce sites optimize their digital audio and video content, announced today that it has raised $48 million in a round of funding led by Wasserstein Adelson Ventures Other investors include America Online, Microsoft, CBS, Intel, NBC, The Barksdale Group, C...

Final 'Firing Line' Illuminates Basic Internet Tax Issue

William F. Buckley, Jr., the conservative moderator of the long-running Firing Line television series, engaged his colleagues in a lively two-hour debate over the Internet taxation issue Friday night before turning his set dark for the last time The debate, titled "The Federal Government Should Not Impose a Tax on Electronic Commerce," appeared on ...

To E Or Not To E: Retail Holdouts Ponder

As e-commerce works to establish itself as a mainstream phenomenon, many traditional brick-and-mortar retailers have taken a wait-and-see attitude toward expanding their enterprises online Some saw ominous signs that suggested an early rush to go online would not be prudent. Volume businesses, for example, have been cautiously noting that the conve...

Should Amazon's Bezos Be Person Of the Year?

Last week, when Time magazine named Amazon.com chief executive and founder Jeffrey Bezos its "Person of the Year," I greeted the announcement with a measure of ambivalence On one hand, Time editor Walter Isaacson's reasoning for choosing the 35 year-old Bezos has some merit: "This year it was easier than most," Isaacson explained, "because there we...

$40M Jet Sale Reportedly E-Commerce Record

In what the company claims is the largest Web transaction ever recorded, aircraft manufacturer Gulfstream Aerospace Corporation (NYSE: GAC) has sold a jet to a Yahoo! executive for $40 million Gulfstream spokesman Keith Mordoff told the E-Commerce Times that the company conducted extensive research before concluding that the sale of the Gulfstream ...

Will Shopping Agents Trigger Price Wars?

You know the price wars that occasionally break out between gas station owners on opposite corners of an intersection? Well, the same type of price wars may break out on the Internet because of product comparison Web sites and attendant shopping "bots" that purport to give consumers the lowest price for products on the Web Even if online stores do ...

Holiday Purchases Show 27 Percent Failure Rate

According to a new study by Andersen Consulting, a staggering 27 percent of attempted online sales failed because Web sites couldn't handle the crush of holiday orders The study also had another surprise finding: Pure e-tailers like Amazon.com delivered their orders when promised 80 percent of the time, while their brick-and-mortar competitors only...

Ask Jeeves Joins Patent Wars

Last week, two scientists from the Massachusetts Institute of Technology (MIT) sued popular search engine Ask Jeeves, alleging that the company violated two U.S. patents that were issued to them in 1994 and 1995 A spokeswoman for Ask Jeeves said that the suit, filed Thursday in U.S. District Court by Patrick Winston and Boris Katz, is without merit...

Dress Barn Taps NaviSite For New Web Store

Applications service provider and Web hosting company NaviSite (Nasdaq: NAVI) announced today that it has been selected by specialty women's clothing retailer Dress Barn (Nasdaq: DBRN) to help launch its new e-commerce site. Dress Barn operates 674 brick-and-mortar stores in 43 states The site will be launched next spring, with NaviSite providing h...

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