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Dell Launches New E-Commerce Superstore

Dell Computer Corporation (Nasdaq: DELL), one of the best known and largest direct computer systems vendors, today unveiled Gigabuys.com, a new online superstore that provides Internet shoppers with a one-stop shopping destination for the purchase of more than 30,000 computer-related products from an extensive array of vendors, other than Dell With...

Cyberian Outpost Posts $25 Million E-Commerce Loss

Cyberian Outpost, Inc. (Nasdaq: COOL), a well-known Internet retailer of computer hardware, software and accessories through its Web site Outpost.com, reported on Tuesday that it lost $25.2 million (US$) during its fiscal year, which ended February 28, 1999. On the positive side, Cyberian's net sales were $85.2 million, up 276% from $22.7 million reported last year. Presumably, this kept the bears at bay, as the company's stock remained relatively steady as of mid-day trading...

The Problem With Microsoft

The great thing about Microsoft is that it can set standards. The problem with Microsoft, in my humble opinion, is that no one trusts them to set those standards anymore An example came up last week in the area of privacy. Some time ago Microsoft bought a company called Firefly Networks Inc. Firefly was behind something called the Platform for Priv...

Drugstore.com and Yahoo! Make It Official

For weeks, Drugstore.com has been saying that it has formed a partnership with Yahoo! (Nasdaq: YHOO). On Monday, the companies made an official announcement, and Wall Street was pleased Yahoo! provides Drugstore.com with another excellent distribution channel," said Peter Neupert, CEO of Drugstore.com. "This relationship puts us in front of million...

The Year of the Penguin

The biggest threat to Microsoft these days may not be the U.S. Department of Justice, nor does it appear to be the Netscape browser. A much larger danger to Bill Gates' Windows-based empire is a new operating system, available free of charge over the Internet. The new operating system, known as Linux, was developed by Linus Torvalds and a veritable army of programmers and hackers around the world...

Spam's Still Legal, Virginia

I make mistakes. Last week I confused Go2Net and GoTo.Com in a story here about Disney's Go Network. Fortunately a reader helped my editor catch the mistake. But at least I didn't blow the lead Last week, another well-known news agency blew the lead on their story about Virginia's new anti-spam law. So today let me correct them, and set things stra...

Government Probes Transactions on eBay

Could the government put an end to all the euphoria surrounding eBay's stock? eBay (Nasdaq: EBAY) announced late Friday that it is cooperating fully with a federal investigation into possible illegal transactions on the auction site. The inquiry will include an examination of eBay's roles in the transactions....

Wells Fargo and Mitsubishi Unveil Multiple Currency E-Commerce Service

On the e-commerce superhighway, there are no borders. With a single click of the mouse, shoppers can easily land in online stores owned and operated by international companies across the globe. However, once an overseas consumer decides to make an online purchase, traditional issues of currency conversion and credit card settlement arise To address...

Barnes & Noble Gets Exclusive with Go2Net

There aren't many stocks hotter than Amazon.com (Nasdaq: AMZN) right now, but Barnes & Noble (NYSE: BKS) isn't conceding anything in the heated battle between the online booksellers. On Thursday, Go2Net, Inc. (Nasdaq: GNET) announced that it has signed an agreement to make Barnes and Noble the exclusive book retailer on the Go2Net network The Go2Ne...

Gateway and NECX Announce E-Commerce Deal

PC maker Gateway (NYSE: GTW) has invested $21 million (US$) to purchase a 19.9% stake in the NECX Office and Personal Technology Center, the e-commerce subsidiary of computer products reseller NECX. The deal includes an option for Gateway to buy the entire subsidiary Gateway and the NECX unit plan to launch a new e-commerce site called SpotShop.com...

Amazon's Building Out the Store

While carnage ruled the day among many Internet stocks yesterday (interest rates are rising), Amazon.com was a big exception. Its stock rose nearly 10% in price after it announced it will buy 46% of Drugstore.com, the fledgling online prescription drug dispenser backed by venture capital legends Kleiner Perkins Caufield & Byers The deal, and reacti...

Barnes & Noble Gets Exclusive with Go2Net

There aren't many stocks hotter than Amazon.com (Nasdaq: AMZN) right now, but Barnes & Noble (NYSE: BKS) isn't conceding anything in the heated battle between the online booksellers. On Thursday, Go2Net, Inc. (Nasdaq: GNET) announced that it has signed an agreement to make Barnes and Noble the exclusive book retailer on the Go2Net network The Go2Ne...

Channel Wipe-Out

Trouble is growing between the Internet and other sales channels. Compaq said this week it is suspending sales through Web-only retail channels (including Shopping.com, an online store which Compaq is in the process of buying), while it evaluates the reseller channel conflict....

Amazon.Com Grabs Big Chunk of Drugstore.Com

Looking for yet another reason to be bullish about Amazon.com? There's now an extremely compelling one. Amazon.com (Nasdaq: AMZN) announced on Wednesday that it owns approximately a 46 percent stake of online drug retailer Drugstore.com Drugstore.com is a privately held company that just officially launched its Web site today. The company, which se...

As Seen On TV

There's more confirmation of the link between TV and the Web in the latest monthly audience numbers from Media Metrix The company has changed its methodology, aggregating all hits to a company's sites, so it's no surprise that AOL is number-one and Microsoft is number-two. The real news isn't even Disney's Go Network, which is fifth. It's down on p...

Despite Growth, Profits Still Elude BarnesAndNoble.Com

Barnes and Noble, Inc. (NYSE: BKS) reported that its online unit, BarnesandNoble.com, reached $70.2 million (US$) in sales during 1998, representing an impressive increase of 381 percent over the previous year's figures. The results topped the company's projections of $60 to $65 million, thanks to a stronger than expected holiday sales season. However, despite its strong growth, the bookseller's e-commerce unit is still operating at a loss...

Netscape Chooses VeriSign for E-Commerce Security

Netscape has selected VeriSign as the premier provider of e-commerce security technology for Netscape customers, including America Online shoppers. The two companies plan to integrate VeriSign's digital certificate services with Netscape client and server products, while launching a co-branded Netcenter Security Center Web site Under the terms of t...

Compaq Scales Back E-Commerce Strategy

At the beginning of the year, Compaq (NYSE: CPQ) CEO Eckhard Pfeiffer declared that his company's "top strategic priority is Internet leadership in the industry." Well, for now, it looks like that strategy surprisingly includes making Compaq computers harder to buy on the Internet. Compaq confirmed Tuesday that it is has stopped selling its computers to Internet-only retailers...

Ross Perot Rides Again

The most important (and most under-reported) Internet story is what's happening with business-to-business commerce. Forrester Research estimates online purchases for business will be a $1.5 trillion market in 2003, dwarfing the size of the business-to-consumer market that's getting all the headlines You may recognize the man at the heart of this b2...

Analysis: Beyond.com Still Lacks Brand Awareness

Software reseller Beyond.com's (Nasdaq: BYND) merger with privately held rival BuyDirect.com is, of course, a significant deal. But potential investors shouldn't get too excited. Online software retailing is a hypercompetitive, low-margin business, and right now the combination of Beyond.com and BuyDirect.com still doesn't have the brand awareness or market capitalization of a CompUsa (NYSE:CPU)...

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