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Compaq Computer Corp. (NYSE: CPQ) and Internet network CMGI (Nasdaq: CMGI) announced today that they are joining up with the management arm of the Shanghai, China government in a joint venture aimed at developing the fledgling Chinese Internet industry The two companies -- partners in portal Alta Vista and a number of other Internet ventures -- sai...
Applix, Inc. (Nasdaq: APLX), a provider of Linux, UNIX and Microsoft-based software solutions, announced today that it has acquired open-source auction site Cosource.com in an effort to pump up its own e-commerce and online information offering Applix will integrate Cosource.com with SmartBreak.com, a resource site that was designed to accelerate s...
Internet professional services firm USWeb/CKS (Nasdaq: USWB) and e-business solutions provider Whittman-Hart (Nasdaq: WHIT) announced today that they will merge to create one of the largest pure-play Internet professional services company in the world The San Francisco-based USWeb/CKS and the Chicago, Illinois-based Whittman-Hart will merge in a st...
Last week, VA Linux Systems exploded on Wall Street with the largest first-day stock market gain ever recorded The stock was priced to open at $30 (US$), but incredible demand caused shares to shoot out of the gate at an amazing $299. By the time that all the dust had settled on the Nasdaq Stock Market floor, VA Linux closed at $250, up 733 percent...
In response to the U.S. government's suggestion that online investment firms take responsibility for educating consumers about the benefits and pitfalls of trading stocks on the Internet, Charles Schwab announced today that it will conduct more than 20,000 educational seminars at various Schwab offices throughout the United States The WebShops seri...
Until now, industry leaders and agencies that focus on online security have always suggested that consumers pay for e-purchases with a credit card. However, not all shoppers have credit cards, and there are those who might not choose to use one if given the option Enter the virtual check. This new payment method is the result of technology develope...
Despite encouraging signs from China during the recent World Trade Organization (WTO) meeting in Seattle, Washington, Chinese Minister of Information Industry Wu Jichuan has said that China will strictly limit foreign investment in Internet companies According to Wu, foreign companies with investments in Chinese industry are "in violation of curren...
When the World Trade Organization (WTO) gave e-commerce its blessing by extending the moratorium on Internet taxes, it may have signaled the next big step in online consumer spending Until now, online shoppers have -- for the most part -- been shopping in their own backyards. Americans shop America and Europeans shop Europe. However, now that the i...
Ask Jeeves (Nasdaq: ASKJ), the online question-answering service for companies and consumers, announced today that Compaq and Microsoft subsidiary WebTV Networks have expanded and renewed their subscriptions to Ask Jeeves' Corporate Question Answering Service The service is designed to lower the cost of customer acquisition for e-commerce businesse...
According to Web traffic numbers by Media Metrix, the apparel category has continued to surprise many observers by posting a 60 percent increase in traffic for the week ending December 5th Media Metrix released its weekly report on unique site visitors yesterday, ranking sites by total traffic and growth percentage. Amazon.com topped the total traf...
Security software solutions provider Diversinet Corp. (Nasdaq: DVNT) has entered into a strategic relationship with London-based Dynamical Systems Research (DSR) to ensure the integrity of wireless e-commerce transactions in the European market Under the terms of the agreement, Diversinet will license its Passport Certificate Server product to the ...
Many consumers are demanding that online banking increase its Web presence, and the trend seems due, at least in part, to customer dissatisfaction with their brick-and-mortar bank experiences Some traditional banks now charge customers a fee to approach a teller window for transactions, and another fee to do business on an ATM machine. However, de...
Earlier this week, when privacy advocates once again took their fight against online profiling to the U.S. Federal Trade Commission (FTC), they brought the specter of subliminal advertising along with them While it has been reported that privacy advocates asked the commission to label online profiling as an "inherently deceptive" trade practice, th...
Of the many roles that e-tailers are assuming in their quest for the hearts and minds of consumers, the role of creditor may be the most unexpected However, a growing number of online businesses are now doubling as finance companies for their customers, and are realizing some surprising profits.
The Organisation for Economic Co-operation and Development (OECD) released a new set of guidelines Thursday that are designed to promote economic growth, trade, and development by improving international consumer confidence in online transactions The U.S. Federal Trade Commission (FTC) was among the government bodies from 29 countries around the wo...
The Internet and e-commerce are maturing at break-neck speed, and the days of getting an e-business started on a wing and a prayer are a diminishing speck in the rear-view mirror. By all accounts, e-tailers no longer have the luxury of trial-and-error, as competitors and lost market share can swallow start-ups whole in a matter of weeks Survival in...
U.S. President Bill Clinton announced Thursday that he will tour 12 U.S. cities that are falling behind in getting their residents connected to the Internet and e-commerce The so-called digital divide between those who have Internet access and those who cannot afford it has been a topic of discussion in the Clinton administration since July, when t...
The initial public offering of Preview Systems (Nasdaq: PRVW), which develops technology that allows e-commerce retailers and other businesses to distribute trial versions of their software, music and other products, was a huge winner on Wall Street on Wednesday. The initial public offering was priced at $21 a share for 3.8 million shares, above the revised range of $16 to $18 after an original range of $10 to $12. Shares of Preview Travel climbed nearly 300 percent on Wednesday, gaining 62-3/4 to close at 82-3/4...
London-based Petspark.com announced this week that it has received an equity investment by Pets.com, marking the first international funding of a European online pet venture Company co-founder and CEO Nicholas Barnard, 41, told the E-Commerce Times that the funding gives Petspark.com the "ability to pick up the phone and get cutting-edge, market-le...
Online customer feedback company Answers.com unveiled a new service Wednesday that claims to take customer interaction to a new level by learning as it goes The new AnswerBase service uses a pre-programmed set of questions and answers to give a company's customers specific answers that are based on company information.
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