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Expanded E-Commerce Management (ECM) Deployment
ECMgt.com brought to you by ECnow.com CONTENT – ECMGT.COM E-COMMERCE NEWS
E-STRATEGIES & TRENDS NEWS
---- Living.com lays off 50 to cut costs Living.com laid off 13 percent of its staff, becoming the latest e-commerce site to make cuts in an effort to trim costs.
Boo.com collapses High-profile online retailer boo.com has collapsed through lack of funds, becoming Britain's first big dot.com failure just six months after its Website opened for business.
Health care Web sites post sickly results Drug Emporium and drkoop.com both said their online businesses suffered big losses, and the two companies are now said to be talking about combining the Internet operations.
Squeeze Plays: Case Studies of Survival Strategies This was the month that the wheels fell off the smoothly rolling bandwagon commonly known as the "Internet and Technology Sector." The Big Sell-off has turned into the Big Squeeze, and the potential ramifications are both myriad and unsettling. Some high flyers have already been shot down, and others are taking evasive action.
Summer slasher stalks B2C startups Business-to-consumer companies face a vicious enemy, say VCs at Venture 2000. Who will survive?
CMGI Affiliate Craftshop.com Files for Bankruptcy CraftShop.com Inc. filed to reorganize under Chapter 11 bankruptcy protection Monday, but a bankruptcy attorney for the company said it is also considering an asset sale or liquidation.
Brandwise.com Closes Shop The comparison-shopping site was unable to secure enough VC funding to keep its doors open.
Despite drop, Net grocers plan expansion, see growth Don't pull a sheet over the heads of online grocers yet--they may have a little life left in them.
The e-business slowdown is coming Don't worry: A drop in growth rate is only natural. Snookered by b2bstores.com B2bstores.com may be one of the first business-to-business companies headed straight for the dotcom graveyard. DoubleClick in Double Trouble Rival Net ad firm L90 files a lawsuit alleging unfair business practices and patent infringement.
Drkoop Prescribes Big Layoff The struggling health Web site has let about 35 percent of its staff go since April.
The Drkoop.com Deathwatch Even as its traffic continues to increase, the medical site is looking more and more like a goner.
Teen E-Commerce Not So Tiny Nearly half of Americans 16 to 22 years old now use the Internet, according to one research firm. And another predicts teens will account for $1.2 billion in e-commerce spending by 2002.
Optimism blights e-commerce The number of firms betting on e-commerce is rising steadily, but a survey by IT consultants CMG suggests that expectations are "hugely divorced from reality".
Pawnbrokers seek to shed image and sell goods online Pawnbrokers, seeking to raise their industry's collective profile, are rushing to tap into e-commerce to sell the vast amount of merchandise sitting unsold on their shelves.
Companies Transform Way They Do E-business Companies are looking beyond the obvious sources of value from the Internet and e-business, according to a new report from the Economist Intelligence Unit EIUand IBM Global Services.
Execs Say Dot-coms Should Swim In Multiple Channels If you're an online retailer, do you also need a physical store? Are multiple channels for doing business really needed? The answer, according to a group of executives representing both click-and-mortar retailers and "pure play" Internet merchants, is a qualified yes.
U.S. e-commerce companies reach out to Latin America The Terra/Lycos deal this month is just one example of U.S. e-commerce companies reaching out to Spanish-speaking markets.
Post-Online-Transaction Anxiety Disorder Discovered As if life wasn't worrying enough, a survey just completed says that the arrival of e-commerce in the marketplace has brought with it a new problem--post-transaction anxiety disorder.
E-Retail Expected to Change at Internet Speed Changes are transforming the e-retail scene at light speed, according to a study by PricewaterhouseCoopers.
How E-Tailers Deliver Within Hours Loading trucks with the right stuff, even perishable produce, is only part of it. Software must route drivers efficiently and cope with traffic jams.
Online Retailers Try Private-Label Goods Web merchants have set their sights on a lucrative standby of their conventional rivals: private-label merchandise. The products give them higher profit margins and better control of inventory.
Catalog Companies Exploit the Web Now that investors have turned their attention to profitability, old-line catalog companies that have built extensive Web operations are stepping into more favorable light.
Instant Messaging Meets E-Commerce Web sites are adding real-time chat to serve visitors, but what's the future of the instant message?
E-tailers Tune Systems For Same-Day Delivery Web retailers are turning to some new helpers to deal with the IT and logistical challenges of sating consumer demand for instant gratification.
Will e-business become just business? The next 10 years will consist of a sustained economic growth where e-business, global computing access, wireless data and genetic engineering will be the major influences of the expected 15 percent growth in IT markets.
Health care industry drowning in online marketplaces The health care industry has splintered into several different business e-commerce camps, which could threaten efforts to build out an effective Internet trading network. Shedding light on e-commerce Guess what... customers are no different on the Internet than in the real world. Why Some Ecommerce Categories *Cannot* Succeed You've heard the pundits say ecommerce will kill traditional retail. Ignore them. In reality, some ecommerce categories face obstacles they cannot get around. Not this year anyway.
Amex Nixes X-Rated Exchanges There are far too many transaction disputes, American Express says. Therefore, it will no longer allow commercial porn sites to accept its credit card.
---- E-PRODUCTS ToC
---- UPS opens online shipping tools shop E-commerce shipping giant United Parcel Service today unveiled a new site that consolidates its Web-based shipping tools.
Visa plans bill payment for mobile devices Credit card giant Visa today said it has partnered with wireless services firm Aether Systems to bring credit card payment services to wireless devices.
eToys not playing with just toys anymore eToys said today that it will add two new product categories this year as it continues to move from being solely an online toy store.
After several delays, BestBuy.com set for overhaul The online wing of giant electronics retailer Best Buy has quietly shuttered its virtual doors as it readies its long-awaited expanded Web store. After at least two delays, BestBuy.com will reopen its doors within the next 45 days.
Amazon expands into furniture business Amazon.com opened a new home furnishings store today in conjunction with Living.com.
VarsityBooks.com Enrolls Time to Target College Students Online college retailer and marketing services provider VaristyBooks.com Monday said it inked a deal to integrate Time Inc. content into its Web site and on-campus services.
Net Stamp Retailers to Offer Tickets Online Two companies that sell postage stamps online have branched out into offering other forms of secured transactions on the Internet. Stamps.com, through its wholly owned subsidiary, EncrypTix, Inc., and E-Stamp Corporation have stated that they will be offering the ability for consumers to buy various tickets online and print those tickets using their personal computers.
Amazon.com Enters the Kitchen Online retailer Amazon.com Inc. is once again expanding its reach beyond the bookshelf. This time, Amazon has turned its attention to the kitchen, with Tuesday's launch of the Amazon Kitchen store.
Retail group plans shop search engine The National Retail Federation is creating a search engine that will assist consumers in shopping for apparel and shoes online.
Intel turns B2B into B2-wheee Intel Corp. plans to unveil two network devices on Monday that can makebusiness-to-business transactions over the Internet 150 timesfaster than previously possible.
FedEx, UPS Launch Dueling Arms Dubbed Elogistics The shipping giants are at it again. Within weeks of each other, they've announced new e-commerce fulfillment strategies, and they're both called eLogistics. The competing companies have a long history of piggybacking each other's announcements -- sometimes within a matter of hours -- with similar sounding news.
New Net sense: Site smell Digiscents Inc. is developing a boxy little gadget it calls iSmell that releases small amounts of scented oils into the air with the click of a mouse. Priceline.com Adds Long Distance Priceline.com Thursday added phone calls to its list of offerings.
Bluestone Ships Any-to-Any B2B Communications Platform Bluestone Software Inc. delivered Total-e-B2B, the e-business Integration Server edition of the company's standards-based Total-e-Business platform.
Open Market Offers Cost-Effective Caching Open Market Inc. Thursday rolled out a new product it hopes will lure clients to less expensive caching for personalized Web sites.
---- E-SERVICES ToC
---- Europe e-commerce initiative The European Commission has launched a network of online helpdesks aimed at helping consumers solve cross-border e-commerce disputes.
Customers aren't keen on eBay-Keen.com deal eBay members aren't so keen on a new service being advertised by the leading auction site.
Unhappy customers sue online auctioneer uBid A group of disgruntled bidders has filed a lawsuit against uBid, charging that the online auctioneer defrauded them by canceling their low-dollar bids on high-end computers.
MP3 player "sale" exposes Amazon's flexible prices Customers are upset that Amazon.com has been offering random discounts on a popular MP3 player, revealing a little-known marketing practice that is gaining popularity among e-tailers known as "dynamic pricing."
Report: Dot.com Delays Equal Instant Customer Turn-Off A study just published warns that potentially lucrative online customers are being turned off by businesses that fail to provide adequate customer support and expect them to hang around and wait for service.
The upside of a recession Maybe a recession would be a good thing, especially for consumers who want better e-tailer service.
Kellogg Launches Internet-Based Loyalty Program Cereal-maker Kellogg Co. launched what it called "the industry's first Internet-based loyalty program" at www.EETandERN.com.
Luxury E-tailers Face Pressures, Win Loyalty Online retailers selling high-priced or luxury goods face special challenges in establishing relationships with shoppers and suppliers, but enjoy strong loyalty after cementing the bond, industry analysts and retail executives said Friday.
Breakaway pushes build-your-own marketplaces Hoping to win a piece of the business e-commerce boom, Web consulting firm Breakaway Solutions launched a program today to help companies build their online marketplaces.
Commerce One to Establish B2B Site in Middle East Commerce One Inc., a builder of Internet marketplaces where business suppliers and buyers conduct commerce, said on Wednesday it reached agreement with a group of Middle Eastern investors to expand into the region.
Verizon to offer wireless Web price comparisons to shoppers Bell Atlantic/Vodafone cellular joint venture inks a deal to provide its customers with access to a database of product and pricing information developed by BarPoint.com.
Nymex launching online commodities exchange The New York Mercantile Exchange plans to support Internet-based trading of contracts for physical commodities such as crude oil, petroleum products, natural gas and electricity.
Lands' End Brings Virtual Swimsuits to the Net Catalog-and-click retailer Lands' End has introduced a virtual spin to this year's bathing suit shopping season by making its interactive "Personal Model" available to online shoppers who want to see what different swimsuits would look like on their body type.
Barnes & Noble.com Makes Mobile Commerce Play Barnes & Noble.com Tuesday leapt into the mobile commerce fray with the expansion of its B&N.com On the Go program, giving customers the ability to shop with mobile phones and handheld computers.
Deja.com Takes Comparison Shopping Wireless Comparison shopping company Deja.com Inc. launched a wireless application of its Precision Buying Service, an online resource for researching and buying products.
Ecount Takes Webcertificate.com into Real World Online gift certificate and personal Web account company Ecount launched the Webcertificate shopping card good at any brick-and-mortar merchant that accepts credit cards.
---- E-MARKETING ToC
---- UPS Sketches Broad E-commerce Agenda United Parcel Service, already the leading transporter of goods sold over the Internet, plans to push further into global e-commerce with supply-chain management services, financial services, and other Web businesses.
Nearly 40 Percent of Home Buyers Use Web Nearly four in 10 buyers now use the Internet to shop for their next home, according to a survey by the National Association of Realtors.
Half Of Web Users Are Luxury Goods Buyers Anecdotal evidence has always suggested that Internet users who shop online have tended to be better heeled than their offline colleagues, but a report just published confirms this, saying that around half of online users are luxury goods buyers.
Selling to the Global Village To keep their businesses growing, Internet merchants have to look outside the United States. But the merchants can hardly justify the expenses associated with rolling out international sites.
Catalogers Wise to the Net Many catalog retailers have found remarkable success online -- in some cases surpassing pure-plays and brick-and-mortar retailers that have moved online.
An E-Tail Identity Crisis Eric Kuhn is trapped in an e-tailing box and, like other executives who run Web sites that sell things such as books, lipstick or dog food, he's trying to break out of it. Since Wall Street has soured on what are known as business-to-consumer sites, many of these companies attempting to reinvent themselves.
E-tailers: Make your customers happy A new report says online retailers need to work on their customer satisfaction if they want to lure more business.
Amazon Launches Credit Card Amazon.com will issue a branded credit card through a deal with NextCard Inc.
What Makes People Buy? People like to talk about how technology is going to change the way we do business. Or how the launching of some new capability is going to change everything in the marketing world. Although new technological innovations affect our lives, they have little influence on the core business and marketing concepts we need to implement.
"Modeling" Your E-Commerce Efforts Before you rush head-first into B2B e-commerce and hit a brick wall, you might want to consider your current selling model. Understanding what it is, and how to apply it to the Internet, will help determine your e-commerce success.
Do-It-Yourself Loyalty If you're interested in building a loyalty program, there are basically three ways to go. You can use established loyalty programs like S&H Green Stamps, MyPoints, CyberGold or NetCentives. You can private label a generic currency like frequent flyer miles. Or you can do it yourself with PassPoints, an outsourced solution.
For E-tail Promotion, Portals bad as TV Says Dot-com Chief Spending money on television ads is a colossal waste of money, and spending money on portals for promotion of an e-retail business might be just as big a waste, says one dot-com business executive.
What Is a Dot-Com Brand Name Worth? Much has been made of the need for dot-coms to generate awareness of their names among computer users. Now comes a study that tries to identify the winners and losers in the big branding struggle.
Fallacies and failures: ways of thinking that doom startups Inexperienced marketers can kill a fledgling dotcom. 'E-Tailers' Look for Ways to Stand Out From Crowd Today, nearly every product category is saturated with competitors trying to stand out from the crowd, and many of them are running out of the marketing cash needed to make their mark. That means expensive ad campaigns and costly giveaways and other promotions are no longer an option for many, analysts and executives at the Jupiter Communications Inc. Shopping Forum.
---- SUPPLY CHAIN ToC
---- Despite the hype, B2B marketplaces struggle Business-to-business digital marketplaces sound intriguing, even revolutionary -- on paper. But in reality, the hundreds of recently announced online exchanges might be years from reaching their bold promise of leading industries into the Internet age.
IBM to unveil component marketplace on Net IBM will unveil an electronic marketplace for computer components later this month that will function similar to one announced today by a consortium that includes Hewlett-Packard and Compaq.
Starwood, Zoho partner for online b-to-b Starwood Hotels & Resorts Worldwide will buy its hotel supplies through Zoho Corp., a new online marketplace for the hospitality industry, the companies announced today. Shakeout looms over B2B market The vast majority of business-to-business virtual marketplaces will vanish within two years as failures and consolidation sweep through the once high-flying sector.
Only Room for One Online Auto Exchange While smaller exchanges may survive in the global automotive industry, there is ultimately room for only one large online supplier marketplace, DaimlerChrysler AG's North America president said on Tuesday. Clickin' for chickens Poultryfirst.com hopes for more than just chicken feed with its electronic marketplace.
iPlanet unveils Net marketplace tools iPlanet today announced a bundle of software, servers and services to help companies build their online marketplaces.
IBM offers software for wireless marketplace IBM unveiled software today that allows businesses to create online marketplaces that work with hand-held devices.
Web Marketplaces Face Industry Goliaths As big companies form coalitions, b-to-b Web marketplaces revamp battle plans and wonder how much to worry.
Hughes Provides Prescription for Pharmacies Offering a free technology package that includes computers and satellites, Hughes Network Systems and RxMarketplace.com hope to link nation's pharmacies, all without a phone line.
ICG, IBM Create Intellectual Property Marketplace Internet Capital Group and IBM Corp. Wednesday formed a new company that will create an online marketplace for buyers and sellers of intellectual property.
Intel Business MarketPlace Plays Matchmaker Chip-making monolith Intel Corp. Tuesday unveiled its service provider Web collaboration tool dubbed the Intel Business MarketPlace.
Agribusiness e-commerce seen gaining momentum Food and agribusiness sectors are lagging behind manufacturing in putting business online, but the move is expected to speed up in the next few years, a conference heard on Thursday.
E-bills Fire Up Exchanges Electronic bills, long associated with consumer purchasing, are coming to an industrial trading exchange near you.
The great B2B shootout Business-to-business infrastructure may not sound very glamorous, but the software industry's biggest providers are all furiously vying for a piece of the business.
Will the Net Create Auto Monopolies? When General Motors Corp. warned
its dealers against selling to "direct" auto brokers like CarsDirect.com,
the company confirmed what many analysts have been predicting: e-commerce is
forcing a restructuring of the auto industry that is going to pit manufacturers
against their own
Automakers wary of direct Net car sales New vehicles owned by dealers and marketed through the Internet represent a powerful combination -- except for one problem: Automakers insist that only dealers and retail customers -- not Internet sites -- may be parties to transactions.
Talkin' trash at Ground Zero Over the first two days of the business-to-business e-commerce confab, it seemed as if every conference speaker saw it as his duty to one-up his predecessor in heaping on the negatives. MarthaStewart.com late on some Mother's Day orders The company acknowledged today that it failed to deliver some of the orders placed through its Marthasflowers unit in time for Mother's Day.
Federated to Build Web Retailer-Supplier System U.S. retailer Federated Department Stores Inc. and software maker Manhattan Associates said Monday they plan to build a real-time internet-based system to connect retailers and suppliers.
Automakers Woo Suppliers to Online Exchange Detroit's traditional Big Three automakers, trying to woo large suppliers to their new Internet trade exchange, have offered them a source of revenues from the venture rather than an equity stake, a top official said on Monday.
Toshiba Moves to Direct Sales Following the example of Dell and Compaq, Toshiba will sell PCs direct to consumers.
How B2B Exchanges Threaten Old-Line Companies Can you hear it? That's the sound of the bell tolling for old-line distributors, the companies that buy stuff and resell it to other businesses. First they got whacked by B2B exchanges. Now another brand of B2B exchange has come along with the next shovel full of dirt.
FreeMarkets Extends Electronic Marketplace B2B online marketplace Free Markets Inc. Monday released a suite of Internet-based products for professional buyers and suppliers.
Marriott, Hyatt Create Procurement Net Two of the country's largest hotel chains will create a company to automate procurement needs.
---- CONTENT, PORTALS & COMMUNITY ToC
---- AOL, Homestore.com set up Shop America Online, Inc. and Homestore.com, Inc. have inked a five-year, $200 million deal to expand their current relationship by establishing an AOL channel to cover all aspects of finding and setting up a new home.
Inktomi Allies with Escalate, Vcommerce Inktomi Corp. established alliances with Escalate Inc. and Vcommerce Corp. to deliver advanced e-commerce infrastructure solutions for portals and destination sites.
Forum for Trust in Online Trade Founded A coalition of Internet B2B portals and an independent company that rates vendors on transactions are teaming up to launch the Forum for Trust in Online Trade.
AOL, AutoNation forge deal to sell cars online AutoNation Inc., the nation's biggest car retailer, and No. 1 U.S. Internet services provider America Online Inc. on Monday forged a multiyear deal that will allow AOL members to buy cars and trucks through a new online service.
AltaVista Trims Unsightly Flab Hearkening back to the days when search engines were search engines and "portal" was just an overeducated word for "door," AltaVista launched a back-to-basics search site Wednesday.
Anonymous Surfer Sues Yahoo Over Privacy The plaintiff accuses the portal of handing over his personal information, without prior notice, to another company.
Gateway, CFN Ink Employee PC Deal The PC maker wants to help more businesses establish corporate portals.
Monster, AOL Employ Canadian Job Site Monster.com, the global online careers network, Friday launched a co-branded Monster.ca Career Center on AOL Canada's web center.
Major Labels in Talks With Yahoo The portal could become a subscription-based Web distributor of the labels' music, sources say.
Portals Start to Feel the Heat Some commerce sites are going to have trouble paying for their pricey portal deals. The pacts are becoming a liability for everyone.
Santana Will Jam With StarMedia The Latin American portal will sponsor the guitarist's North American tour and Webcast two concerts.
UBid.com Accused of Defrauding 300 Users The auction site is the latest in a host of portals charged with misleading business practices.
Yahoo eyes streaming media Yahoo player to compete with Microsoft and RealNetworks.
Real Estate Players Launch Online Platform A number of real estate organizations are broadening their embrace of the Internet.
Monster, AOL Employ Canadian Job Site Monster.com, the global online careers network, Friday launched a co-branded Monster.ca Career Center on AOL Canada's web center.
---- GOVERNANCE & GOING GLOBAL ToC
---- Raiding Arab Wallets Thought about selling to some of the wealthier Arab countries lately? Well, according to an Internet research firm, the Gulf Co-operation Council region has more than 15-times the Internet penetration in the Arab world as a whole.
Building a Brand Globally via the Internet -- Fundamental While many companies are focused on surviving their competition in the domestic marketplace, by 2003, 65% of all online consumers will reside in markets outside of the United States. Businesses need to figure out how to position themselves -- and build their brands -- ahead of the Internet's emerging global market curve.
E-commerce security boon The British Chambers of Commerce has linked up with the Royal Mail to offer businesses the chance to trade securely online.
Two states OK e-commerce standards bill A hotly contested bill aimed at unifying e-commerce standards across the country gained some momentum recently as two states adopted it despite stiff criticism from consumer groups.
Compromise in the works on digital signatures bill House and Senate Republicans are circulating a draft proposal that they say provides some new protections for consumers.
Industry Asks for "Comprehensive" Net Tax Approach Rather than passing piecemeal Internet taxation bans, Congress should address the thorny net tax issue in its entirety, clarifying existing legislative mandates and simplifying interstate tax codes, a cadre of high- tech industry groups said Monday in a letter to congressional members.
Bermuda Launches E-Commerce Code of Conduct Bermuda's Minister of Telecommunications and E-Commerce Renee Webb has declared that his country has initiated a 'Code of Conduct for Internet Commerce.'
Bill Would Enable States to Collect Online Sales Tax In a lively but inconclusive debate Wednesday, a House Judiciary subcommittee considered legislation that would allow states to craft a system for collecting sales taxes for purchases made online.
Net Tax Vote Shouldn't Wait For Other Bills A bill approved by the House Judiciary Committee last week that extends the current moratorium on "new and discriminatory" Internet taxes should not have to wait for companion legislation on the moratorium and Internet access taxes to catch up to it, said a spokesperson for House Majority Leader Richard Armey, R-Texas, today.
White House and Agency Split on Internet Privacy Clinton administration officials threw cold water on a proposal by the Federal Trade Commission for legislation to protect consumer privacy on the Internet.
Gradual Moves on Privacy Possible The head of the Federal Trade Commission told Congress that he would support a scaled-back version of the commission's Internet privacy proposal if it would help start the process of setting basic consumer protections online.
Internet -Tax Freeze Extension Gains Momentum The drive to extend the moratorium on Internet taxes is picking up speed with a full U.S. House of Representatives vote expected soon, a spokesman for the House majority leader said late Tuesday.
Patent Office Takes Fresh Look At The Net As inventors rush to create new Internet and e-commerce technologies, the patent process itself may have been left standing in a cloud of dust.
Travelocity, agents fight airline site An ambitious air-travel Web site under development by several major airlines is facing growing opposition from competitors who want the government to take a closer look.
Net Tax Moratorium Moves On The judiciary committee passes extension to legislation barring Net taxation. If the bill makes it past the U.S. House next week, there may be no Internet taxes until 2006.
U.S. , E.U. Approach Safe Harbor Industry self-regulation among U.S. firms appears to be sufficient to satisfy European countries, which require strict data protection rules, negotiators said during a meeting of the European-American Business Council in Washington.
U.S. launches anti-Net-fraud site The United States launched a new online fraud investigative center on Monday to tackle the fast-growing problem of Internet fraud, a new area of crime affecting hundreds of people each day in America.
Safer consumers may spend more online Federal laws to protect consumer privacy online are coming. That's more than a threat for e-commerce, said an ad industry panel. It's an opportunity.
House set to vote on Net tax bill The bill would extend the current moratorium on Net taxes to 2006 -- but an amendment could reduce the extension to two years.
House OKs Net-access tax ban Representatives on Tuesday passed a bill blocking the Federal Communications Commission from any attempt to set fees for using the Internet.
FTC gives up on Net self-regulation Finding Internet privacy to be sorely lacking, the U.S. Federal Trade Commission on Monday released a 200-page report recommending to Congress that new legislation be adopted to protect consumers' privacy online.
FTC report draws muffled opposition A privacy report released by the Federal Trade Commission on Monday advocating new laws to protect consumer privacy ought to have riled many of the folks who had pushed for continued self-regulation. But it hardly has.
To sell wine on Net, retailers untangle web of vintage laws Looking for a nice chardonnay? You could shop online, but don't get your hopes up. A thicket of regulations about shipping alcohol over state lines can leave Web wine buyers with a sour taste.
Regulators Target B-to-B Sites From chemical makers to utilities, companies are discovering they can save time and money by joining with competitors to sell and buy goods over the Internet. But as critics warn of price-fixing and buying cartels, the business-to-business auction sites are facing scrutiny by antitrust attorneys and regulators.
Priceline Shoppers Face Taxing Problem State claims WebHouse Club bucks the law, mislabeling taxes as extra fees.
E*Trade Launches First Phase of Global Trading Network E*Trade is taking U.S. stocks overseas.
UK e-commerce bigger, say analysts Reports that the UK has lots its place as the European e-commerce leader have been questioned by industry analysts.
---- ToC
---- iPlanet, Open Market Team Up iPlanet E-Commerce Solutions, a Sun-Netscape Alliance company, and Open Market Inc. said they will work together to expand and complement iPlanet's SellerXpert to deliver a standards-based sell-side solution for B2B open digital marketplaces.
E-Stamp Acquires Logistics Firms E-Stamp is gaining a number of high-profile e-commerce companies as customers through the acquisitions.
Doubts over Boo sell-off Hopes for a quick turnaround for collapsed online fashion retailer Boo.com falter amid reports that potential buyers are dropping out.
Hallmark acquires Net gift certificate merchant In an attempt to boost its e-commerce offerings, Hallmark Cards said today that it has acquired Gift Certificate Center, which operates a consumer gift site and an employee incentive program for businesses.
Drkoop.com layoffs indicate possible takeover Embattled Internet health company Drkoop.com said it has laid off about 35 percent of its staff since the beginning of April, and analysts said the cuts have made the company an attractive takeover target.
Bertelsmann to hand shopping site to start-up German media conglomerate Bertelsmann will sell its comparison-shopping site to start-up DealTime and form a European joint venture with the U.S.-based e-commerce service, the companies said today.
Billionaire Buys 9.2 Percent Stake In CDNow Mexican billionaire Carlos Slim Helu has bought a 9.2 percent stake in the troubled online music retailer CDNow for $52.8 million, a filing with the U.S. Securities and Exchange Commission showed on Friday.
A revival for digital cash? ProPay.com hopes to succeed where others have failed GreenMountain.com May Get Greener The environmentally friendly power company could receive up to $100 million in funding from BP Amoco, others.
Akamai, F5 Networks Team to Speed Web Traffic Akamai Technologies and F5 Networks Inc. Wednesday paired their technologies to create a product that routes users to the closest available content on the Akamai network.
NaviPath Acquires Lucent Privacy Technology NaviPath Inc. this week announced it has acquired the technology of ProxyMate, a Web privacy technology service from Lucent Technologies New Ventures Group in return for an equity stake in the CMGI Inc. operating company.
travelbyus.com Takes Over Epoch Technology, Inc. travelbyus.com ltd. has acquired Epoch Technology, Inc., a Dallas-based tour wholesale software development company for US$10 million, payable in cash and common shares.
Wildfire Retains TrustOne as Investment Banker Firm to advise on mergers and acquisitions
Wit SoundView Grabs E*Offering Wit Capital Group Monday acquired investment banking firm E*OFFERING for about $328 million in stock.
Business-to-Business as Usual Another day, another pair of mergers. Business-to-business e-commerce is consolidating, and the media agree that there are many more deals to come.
It Ain't Over Till It's Over Consumer groups ask the FCC to stop the "dangerous" merger of AOL and Time Warner.
QXL, Ricardo Form European Web Auction Giant In order to better compete with eBay, U.K.-based QXL will merge with its German rival, Ricardo.de.
Terra to Snap Up Lycos for $12.5 Billion The new company would boast 60 million customers in 37 countries and give AOL a run for its money.
Alcatel Sets Stock Target After Newbridge Purchase The chief executive of Alcatel (CGEP.PA), fresh from wrapping up the acquisition of Canada's Newbridge Networks Corp., said on Friday he has now set his sights on doubling the share price of the French telecommunications equipment firm.
Lucent Is in Talks to Buy Chromatis--Sources Lucent Technologies Inc. (LU.N), the world's largest telecommunications equipment maker, is in talks to acquire optical networking equipment company Chromatis Networks Inc. for up to $5.7 billion in stock, industry sources said on Friday.
Corel staff flees Failed merger with Inprise/Borland part of the problem.
Neoforma, Eclipsys pull plug No breakup fee as acquisition deal terminated.
Boo.com may have a buyer Potential buyers in talks with KPMG.
Gateway, iXL team up Will market computers, training to companies offering those benefits to employees.
Engage Acquires Virtual Billboard Network Engage, CMGI's flagship advertising property, moved into Canada on Friday, acquiring the Virtual Billboard Network advertising network for approximately $5 million in stock.
Akamai, F5 Networks Team to Speed Web Traffic Akamai Technologies and F5 Networks Inc. Wednesday paired their technologies to create a product that routes users to the closest available content on the Akamai network.
Move.com Acquires HouseNet, Inc. R.R. Donnelley sells home and garden site
Railroads form online freight service Four large railroads are teaming up with an Internet startup to form a Web-based service that will coordinate freight shipments across North America. ---- MOVERS & SHAKERS ToC
McNealy Says Vertical Marketplaces 'Make No Sense' Sun Microsystems chairman Scott McNealy today told a conference audience that the fast-growing vertical marketplace segment is in for a shakeout.
Only failures need apply A Californian entrepreneur has set up a website offering help to people whose internet businesses have failed.
Modem Inventor Heads New E-Business Dennis Hayes -- credited with inventing the computer modem in 1978 -- recently became chief executive of a new e-commerce unit of the online retailing company International Brands.
A Purveyor of Prestige Bets on the Web Bernard Arnault, who controls famous luxury goods companies like Christian Dior and Dom Perignon, has invested hundreds of millions of dollars of his own money into Internet ventures in Europe and the United States. The Internet "will change the way we buy everything," he said.
Entertaindom's Cliffhanger Episode The top brass is officially out at the Warner Bros. site, and it's future may be nothing but static.
AOL Assigns Gang to iPlanet e-Commerce Solutions Veteran takes role as executive VP and deputy GM
Crane Joins AOL as VP for Education Products Veteran educator to help launch AOL@School
Sony Shuffles Its Top Executives The Japanese electronics giant reorganizes to bolster its Net and broadband industries.
E*Trade names new president Gramaglia to succeed Levinson.
SAP's New U.S. Head to Boost Efforts to Keep Staff SAP AG's newly appointed head of U.S. operations said he would step up efforts to stem the outflow of staff which has damaged Europe's largest business software maker in the United States.
Sega President Steps Down After Loss The president of Sega Enterprises Ltd. stepped down on Friday after the world's third-largest home video game maker reported its third annual loss in a row, despite a 27 percent jump in sales.
Fogdog loses top executive, board member Online sporting goods retailer Fogdog Sports said today that a top executive and a board member have cut ties with the company.
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