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A bill to make electronic signatures an official way to bind an online transaction may now make its way to President Clinton's desk before Congress adjourns for the year. The House Commerce Committee paved the way Thursday by passing H.R. 1714, the Electronic Signatures in Global and National Commerce Act. The bill will now be placed on the full House of Representatives' calendar for a vote sometime after the legislators return from August recess...
The era of after-hours stock trading is nearly upon us, and online investment bank Wit Capital (Nasdaq: WITC) is aiming to capitalize on this growing market. On Thursday, Wit Capital announced a deal that will make it a founding partner and the first company to provide information for America Online's (NYSE:AOL) new after-hours trading center Under...
Executives at HomeStore.com (Nasdaq: HOMS) are probably shaking their head in agreement with Charles Dickens' famous "it was the best of times, it was the worst of times," opening to "A Tale of Two Cities." Friday, the day after the company saw its share price soar as much as 36 percent in its initial stock sale, the real estate listing company was the subject of a Wall Street Journal report. The report said federal antitrust regulators are looking into the company's relationship with the National Association of Realtors...
Earlier this week, the Internet Service Providers Association (ISPA) blasted the British government's eagerly anticipated e-commerce bill. The group claims the proposed legislation's priorities are askew and that it will stifle, rather than foster, the growth of online business The Electronics Communications Bill -- dubbed the e-commerce bill -- wa...
The potential rewards of the growing digital audio business are worth at least $38.8 million to Lycos, Inc. (Nasdaq: LCOS), the Internet's most popular search engine. That is how much Lycos agreed to pay, in the form of 1.1 million shares of Lycos stock, to acquire Internet Music Distribution Inc. (IMDI) The maker of Sonique, one of several MP3 dig...
Starbucks' new Internet strategy does little more than sugarcoat its weak earnings, so says a report released last week by Cambridge, Massachusetts-based Forrester Research, Inc. Furthermore, the report is highly critical of the Seattle, Washington specialty coffee retailer's "nebulous plan" to launch a lifestyle Internet portal "Starbucks will dil...
Does time spent shopping on the Internet count as billable hours? Attorneys across the country now have a new dilemma to wrestle with as Attorneys Online Inc. debuts its new shopping site, America's Legal Super Store. Attorneys Online, a subsidiary of The Publishing Company of North America Inc. (Nasdaq: PCNA) has launched the site as part of a strategic alliance with online shopping mall Value America...
Since some people still insist on going to stores and other public places to take care of their shopping needs, rather than looking online, one of the nation's largest portal companies is taking its services where the people are. America Online Inc. (NYSE: AOL) unveiled a strategic partnership Tuesday with Radiant Systems, Inc. (Nasdaq: RADS) to install Internet-access kiosks in brick-and-mortar stores...
Cyberian Outpost, Inc., an online e-marketeer of computer products, and chain store Tweeter Home Entertainment Group, Inc. announced Monday that they have joined forces to sell consumer electronics via the Internet Darryl Peck, chief executive officer of Cyberian Outpost, told the E-Commerce Times in an interview yesterday that the joint venture wo...
Internet merger mania is accelerating at a speed most analysts would have deemed impossible a few short months ago. The money being pumped into the mergers of high-tech companies has soared to $545 billion (US$) during the first six months of 1999 -- easily surpassing last year's record of $488 billion for the entire 12 months This hyperactivity, s...
For "wanna-be" chefs looking to skip the prep work, CookExpress.com says check the Internet. For those who want even the cooking done for them, Food.com says check the newspaper. Today, the two online food services unveiled news ways for the Internet world to satisfy its appetite San Francisco-based CookExpress.com takes its local gourmet delivery ...
As traditional retailers worry over the question of whether to put their wares online or try to duke it out with online stores the old-fashioned way, ShoppingList.com is urging them to use the Internet at least as a marketing tool. ShoppingList.com launched Monday as a resource for people getting ready to go to stores in their communities ShoppingL...
In an announcement equivalent to kicking sand at the beach or raining on the parade, Internet marketing research company Greenfield Online said that online shopping decreased three percent this past quarter, the first e-commerce decrease the company's surveys have revealed in the past year Westport, Connecticut-based Greenfield Online released the ...
In an attempt to raise millions of dollars to fund their mounting expenses in an e-commerce "War of the Roses," FTD.com and 1-800-Flowers.com -- two rival online florists -- are slated to make their debuts on Wall Street this week Analysts say that along with the optimism surrounding the launch of both IPOs, potential investors should also consider...
The UK's Gameplay.com, an online computer game portal, hopes to raise 31 million pounds ($51 million US$) today, by selling 23 million shares in an initial public offering on London's Alternative Investment Market The IPO comes only five years after Dylan Wilk, the 25-year-old founder of Gameplay.com, started the company using a 2,500 pound ($4,100...
By announcing this week that it would be packaging one-year free Internet service with its PCs, Dell joined the crowd of companies fighting to capture new computer buyers. But the Round Rock, Texas giant hardware maker also showed that it too must begin focusing on e-commerce -- if it hopes to survive The new Dell computer priced at $959.00 (US$), ...
Just two days after the successful initial public offering of Chemdex (Nasdaq: CMDX), which provides e-commerce solutions for the life sciences industry, business-to-business community network VerticalNet (Nasdaq: VERT) gobbled up one of Chemdex's competitors. Today, VerticalNet announced the acquisition of labX.com, an online trading community for used and excess scientific laboratory equipment. Terms of the deal were not disclosed...
Senate bill S.1255 could go down in history as one of the fastest bills to move through the Senate, but is that a testament to the importance of ending "cyber-squatting" or to the efficiency of a simply worded bill? Thursday, the Senate Judiciary Committee passed the "Anticybersquatting Consumer Protection Act," just five weeks after Senator Spence...
Martha Stewart can make a garden grow and a dinner table glow, but does America's leading homemaker know the recipe for a perfectly-formed, golden-brown and successful IPO? We'll soon find out the answer to that question. Stewart's company, Martha Stewart Living Omnimedia, a division of Martha Stewart Living, filed for an IPO that could be valued a...
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