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In an effort to "capitalize on the emerging Internet economy and electronic commerce," Thomson Consumer Electronics, Inc. announced yesterday that it is putting its RCA brand consumer electronics products on sale on the Internet and will ship orders directly from its warehouses to consumers RCA, one of the top U.S. consumer electronics companies, p...
In a precursor to its integration into the NBC Internet conglomerate, Xoom.com, Inc. (Nasdaq: XMCM) announced a deal yesterday with FreeShop.com (Nasdaq: FSHP) to create a section on its site for FreeShop's varied offerings Xoom.com, one of the Web's top 10 properties with more than 10.4 million visitors, is slated to merge with CNET and NBC's join...
Austin, Texas-based Mall.com, Inc. has announced that its multi-retailer Web site will launch this Sunday to coincide with the televised Mall.com 500 Indy Racing League Championship on ABC Mall.com will feature more than 200 nationally known brand-name stores, including Macy's, Sears, GAP, FAO Schwarz, Brooks Brothers, Zale's, Barnes & Noble and To...
This week, when E*Trade Group, Inc. reported a $27 million loss (US$) in its fiscal fourth quarter, both the press and company officials spun this negative development into positive news One headline read: "E*Trade Widens Quarterly Loss But Adds New Accounts." ...
Shares of direct marketing company FreeShop.com (Nasdaq: FSHP), which promotes products and services with samples, free trial offers and coupons, climbed nearly 11.5 percent on Wednesday, gaining 1-3/8 to 13-3/8 after the company announced a five-year agreement with eBay Under the terms of the deal, eBay is the exclusive sponsor for FreeShop's Hobb...
Earlier this week, an interactive TV service began offering its UK customerse-commerce services ranging from shopping to banking via their TVs The service, which is known as Open, will instantly allow 1 million viewers to pay their bills, buy groceries or even order dinner by simply typing their orders on the portable keyboards hooked to their sets...
Web-based movie superstore Reel.com (Nasdaq: HLYW) announced the launch of its Holiday Store today, offering gift recommendations as well as gift packages, box sets, low-price movies and live chats with Reel.com representatives "Reel.com's gift store and services will make selecting, wrapping and delivering gifts easy and affordable this holiday," ...
As it prepares for its third public meeting on electronic commerce and Internet taxes, the Advisory Commission On Electronic Commerce is again asking the public for suggestions on how to make state and local tax collectors happy without stifling the Internet's growth The group, formed by a Congressional mandate in June, conducted a similar public i...
In what is believed to be the largeste-commerce transaction in history, digital imaging company Interactive Picture Corporation (Nasdaq: IPIX) and Gulfstream Aerospace Corporation announced today that they have sold the first corporate jet over the Internet The pre-owned Gulfstream IV aircraft was purchased for $22.9 million (US$) by Elite Aviation...
Spot Systems, Inc., a foreign exchange and international banking solutions provider, and Magnet Communications, Inc., a Web-based cash management, business banking, ande-commerce solutions provider, have teamed up to bring Internet-based foreign exchange capability to business desktops The new partnership calls for Spot Systems to use Magnet as a p...
A CBS MarketWatch (Nasdaq: MKTW) poll shows that about half of all Americans do not have Internet access, and most of those who are not online could not care less about the Web "Electronic commerce has made big inroads, but there's investor skepticism and continued doubt that the Internet will replace in-person shopping," said Kathleen A. Frankovic...
America Online (NYSE: AOL) announced today that its AOL Germany service has surpassed one million members, making it the first AOL service outside of the United States to break the mark The company said that its German service broke the mark in roughly half the time its U.S. service did -- five years compared to nine. AOL membership in America reac...
LinuxMall.com, a leading e-commerce site and portal featuring commercial software, has formed a partnership with SCO (Nasdaq:SCOC), a provider of UNIX operating systems and software. With SCO's investment, LinuxMall.com is set for rapid expansion As part of the agreement, the investment firm Hambrecht & Quist will participate in the investment. SCO...
According to a study by Northeast Consulting Resources, Inc., e-commerce will be substantially hindered by the fact that the Internet remains slow and will probably get slower over the next few years "It is clear that the World Wide Web won't fulfill its promise unless the right design decisions are made," said Peter Sevcik, a senior analyst who co...
UK car manufacturer and General Motors unit Vauxhall Motors announced today that it will add an online buying service to its Web site November 1st and become the first automaker to sell new vehicles directly on the Internet Vauxhall will employ its network of dealers throughout England to deliver the new cars, but the dealers will not have to do an...
According to a report by industry analyst firm Dataquest, a unit of Gartner Group, Inc. (NYSE: IT), business-to-consumer e-commerce is expected to reach $380 billion (US$) worldwide in 2003 While the majority of e-commerce spending is currently attributed to business-to-business transactions, this report focuses on the sharp increase expected in th...
"Name-your-price" sales pioneer priceline.com(Nasdaq: PCLN) filed suit against Microsoft (Nasdaq: MSFT) in a Connecticut federal court today, claiming that the software giant's Expedia.com subsidiary infringed upon its patented hotel price matching service Microsoft reacted sharply to the allegations. In an interview with the E-Commerce Times, Micr...
Broadscape.com is attempting to carve a niche in the electronic marketing landscape by offering free 19-inch color monitors to the first 100,000 consumers who request one and agree to watch advertisements on the screen whenever they use the Internet Broadscape.com's new monitor has software built in to display ad messaging frames across the bottom ...
The innovative but still commercially unknown e-book industry received a boost from Microsoft (Nasdaq: MSFT) today when the software giant announced that it will sponsor an e-book literary award with a $100,000 (US$) first prize Microsoft's announcement at the influential Frankfurt Book Fair in Frankfurt, Germany comes just after the nascent indust...
Calling itself one of the world's first online business to business marketplaces for small and medium-sized companies, mondus.com announced the launch of their U.S.-based site yesterday The Oxford, England-based company's new U.S. site follows on the heels of launches in the U.K. and Germany. Mondus.com claims to streamline the purchasing process f...
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