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Although online retailers spent heavily last year to avoid the fulfillment and delivery difficulties that bedeviled Internet heavyweights and fledglings alike over the 1999 holiday season, a report released Monday found that these problems continued to haunt many Web merchants in 2000. Accordin...

Adding to the mounting evidence that the personal computer market is still in a slump, new figures released Friday showed that "sluggish" sales over the fourth quarter and a weakened economic outlook helped drag the industry down in 2000. According to preliminary estimates from Gartner-owned rese...

Just two months after announcing plans to shutter its operations, Garden.com said Wednesday it has completed the sale of its major assets to Walmart.com and the parent firm of gardening company W. Atlee Burpee & Co. for a total of US$4.43 million. Although it had been in business for nearly fi...

A report released Wednesday by Jupiter Research has further confirmed that U.S. consumers spent more than US$10 billion online during the recently concluded holiday shopping season. Jupiter said that U.S. consumers spent $10.8 billion online during November and December, a 54 percent spike from last...

Shoppers who took to the Internet over the recent holiday season to buy clothing often met with a negative experience -- one that has diminished their interest in making such purchases online in the near future -- according to a new study from consulting firm Accenture (formerly Andersen Consulting)...

Despite rapid-fire e-commerce closures and other setbacks in 2000, 57 percent of all online buyers -- and more than three-quarters of those who make frequent purchases via the Web -- are shopping less at traditional retail stores for the first time, according to a new study released Monday by busin...

Priceline Europe, a licensee of the American "name-your-own-price" e-tailer, has secured US$25 million in funding from investment firm General Atlantic Partners, money that Priceline Europe hopes will allow it to continue building its expansion plans, the companies said Thursday. The latest infusio...

Internet bellwether Yahoo! (Nasdaq: YHOO) fell $5.63 to $24.50 in after-hours trading Wednesday after meeting key Wall Street estimates by reporting fourth-quarter earnings of 13 cents per share, but warning that its first quarter and full-year 2001 earnings will be affected by the recent downturn ...

Citing sweeping antitrust concerns, 20 U.S. states have filed a letter with the U.S. Department of Transportation (DOT) voicing their concerns about the controversial Internet mega-travel site Orbitz. According to published reports, the filing by state attorneys general from New York, Iowa and ...

Internet auction fraud accounts for 87 percent of all incidents of online crime, according to a new study released Tuesday by eMarketer. As part of its "ePrivacy & Security Report," eMarketer also found that more than 34 percent of Internet users have been targeted by a Web-based privacy or ...

Priceline.com (Nasdaq: PCLN) has agreed to settle two patent infringement lawsuits it filed against Internet travel competitor Expedia (Nasdaq: EXPE) and Microsoft Corp., according to a joint statement released by the companies Tuesday. The lawsuits, which were filed in October 1999 in a U.S. distr...

Although an increasing number of Internet users have turned to the Web to make sense of wild stock market swings in recent months, many consumer investors have grown dissatisfied with financial services sites, according to a report released Tuesday by Gartner Group-owned research firm cPulse. B...

Internet brokerage firm Ameritrade Holding Corp. (Nasdaq: AMTD) announced Monday that it has cut more than 230 full-time employees from its payroll, or roughly 9 percent of the firm's more than 2,500 workers. In addition, Ameritrade said that 100 temporary employees will be let go. "We took this...

The European online travel market will soar from the US$2.9 billion racked up in sales last year to $10.9 billion in 2002 -- a nearly 300 percent spike -- according to a study released Monday by Internet travel measurement firm PhoCusWright. The report found that a number of factors will help drive...

Traffic to e-tail sites during the just-concluded holiday shopping season spiked 30.3 percent from 1999 levels, with online retailers registering an average of 34.2 million unique visits each week, according to data released Friday by Internet measurement firm Media Metrix. Moreover, the study foun...

A surprise move Wednesday by the U.S. Federal Reserve to cut interest rates from 6.5 percent to 6 percent caused high-tech stocks to skyrocket during the day's second half of trading. The Nasdaq composite stock index surged 324.83, or 14.2 percent, to close at 2616.69. The rally represented the lar...

The new year has yet to bring many happy returns for high-tech stocks, which continued their stumble Tuesday amid long-standing earnings fears and concern about a cooling economy. Although a widespread tech stock sell-off in December helped reduce stock prices, wary investors spurned the bargain sh...

Embattled e-tailer Priceline.com and insurance holding company W.R. Berkley Corporation announced Tuesday that they have shelved plans to sell automobile insurance over the Internet, saying that current market conditions are "not conducive to creating the new business." The companies, which are bo...

Consumers increased their online shopping by 46 percent in 2000, racking up about US$56 billion in sales for the year, according to data released Tuesday by ActivMedia Research. As part of its annual report gauging the performance of business-to-consumer (B2C) vendors, ActivMedia also found that ab...

Priceline.com founder Jay Walker will step down from his position as vice chairman of the embattled e-tailer's board of directors on Sunday, the company announced Thursday. Walker, who serves as the chief executive officer of his privately held company, Walker Digital, said he is leaving Priceline'...