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Amazon.com was faced this week with severe criticism over featuring books on its site which were paid-for placements posing as editorial picks. A New York Times article revealed that publishers paid $10,000 (US$) per book to be featured on Amazon.com's home page. While paid-for placements of product...
After months of speculation and rumors of a Lycos (Nasdaq: LCOS) buyout, the company finally announced on Tuesday that it will merge with USA Networks, Inc. (Nasdaq: USAI) and Ticketmaster Online-Citysearch, Inc. (Nasdaq: TMCS), to form one of the world's largest e-commerce-fueled businesses.
Sneakers and sports apparel giant Nike, Inc. (NYSE: NKE) announced that it began the first phase of its online sales strategy, with a new e-commerce area on the Nike.com Web site. Previously, Nike.com served as an informational and marketing showpiece but, as of this week, the company shifted its em...
Software developer OpenSite Technologies will release Version 4.0 of its OpenSite Auction software next week, on February 15, with a variety of new features. The software helps automate the process of setting up and running real-time auctions over the Web.
If you're thinking you have to spend millions for broadband candy right now, think again. The age of narrowband Internet services is getting a new lease on life, as the Internet goes mobile. That message came from this week's Cellular Telecommunications Industry Association (CTIA) meeting in New O...
CollegeStudent.com, a developer of campus oriented Web sites, and the National Association of College Stores (NACS) announced plans today to launch CollegeStore.com, a new service for selling textbooks over the Web. The announcement indicates that 300 online storefronts are set to launch by April, w...
VF Corporation (NYSE: VFC), the world's largest publicly held apparel company, announced Monday that it will launch an e-commerce site by early Spring, to sell its Healthtex brand online, direct to retail shops. Healthtex, which manufactures children's clothing, is the first VF company to open an e-...
E-commerce service providers First Data Merchant Services and iMALL (Nasdaq: IMAL) have teamed up to create a "one-stop enablement portal for e-commerce" called MerchantStuff.com. The new site provides products and services that merchants can use to develop their own e-commerce sites.
As America Online gets further entrenched in its position as the world's largest e-commerce portal site, the company has wisely responded to online consumer confidence issues, by developing the AOL Certified Merchant Guarantee.
Sharper Image Corp. (Nasdaq: SHRP), the popular retailer of high-tech gadgets and gifts, announced this week that its online store has been completely redesigned in an effort to increase e-commerce revenues.
With revenues from online shopping reaching "critical mass" by the end of last year, interest from the financial community has been steadily intensifying -- even reaching a frenzy by some accounts. Online mega-sites like AOL and Amazon.com have fast become the darlings of Wall Street, with their mos...
America Online, Inc. (NYSE: AOL) and First USA, the largest Visa and MasterCard lender in the U.S., announced on Wednesday a five-year $500 million (US$) agreement, reported to be the Internet's largest advertising and marketing partnership to date. First USA is a subsidiary of Chicago-based Bank On...
N2K Inc. (Nasdaq:NTKI), the parent company of e-commerce site Music Boulevard, reported 1998 year-end financial results Wednesday. Though losses were substantial [approximately $17.7 million (US$) for the quarter and $59.5 million for the year], the announcement focused instead on record high sales ...
As online shopping suddenly explodes into mainstream culture, millions of Internet users are just beginning to adapt to this new way of purchasing goods and services. However, in light of some exciting innovations in 3-D Virtual Reality online store technology, it seems that consumers will find that...
With the recent explosion of online shopping, U.S. banks are rapidly claiming their place as major e-commerce winners. So much so that, according to Internet consultancy International Data Corporation (IDC), Internet banking applications are quickly becoming "the panacea for banks hoping to increase...
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