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Just two weeks after announcing changes in its executive team, controversial Web advertising giant DoubleClick (Nasdaq: DCLK) is laying off some 5 percent of its 2,100-person workforce. DoubleClick director of corporate communications Jennifer Blum would not confirm the number of employees being l...

U.S.-based online shoppers who buy products from other countries risk becoming ensnared in the intricate legalities that govern overseas purchases and importation, warned the U.S. Customs Service in an alert issued Monday. "Shopping on the Internet seems quick and easy, but buying gifts or other g...

In a bid to chip away at Priceline.com's market share in the online travel sector, discount travel service Hotwire.com said Friday that Trans World Air Airlines and Hawaiian Airlines have signed on with the company to sell their inventory of unfilled airline seats. Backed by six of the largest U.S...

Further signifying that e-commerce continues to make headway in the traditional retail arena, a study released Thursday by Forrester Research forecasts that consumers will spend at least US$36 billion on gifts purchased online by 2005. As part of its report, "Pulling in Online Gift Buyers," the Cam...

Further confirming that e-commerce is alive and well, the surge in online traffic triggered by the onset of the holiday season caused sporadic system outages over two days at Internet payment network PayPal. The Palo Alto, California-based company has over four million users, and its payment ser...

Although many Internet firms are slashing advertising budgets in favor of direct marketing campaigns, a new study released Wednesday by Andersen Consulting and Online Insight warns that e-tailers often miss the mark when it comes to marketing initiatives. "Companies are ignoring the basic marketin...

The traditional kickoff of the holiday shopping season on Friday fueled a 27 percent surge in online traffic from earlier in the week, according to data released Monday by Internet tracking firm Nielsen//NetRatings. "Shoppers flocked to e-commerce sites the day after Thanksgiving, traditionally one...

Further indicating that e-commerce is continuing to transform the traditional retail landscape, a new study released Tuesday by business services firm Ernst & Young shows that American consumers will make nearly a third of their total holiday purchases over the Internet in the coming weeks. T...

Although many e-tailers are frantically ramping up their offerings and services for the holiday season, 42 percent of consumers will not purchase gifts online within the coming weeks, according to a new survey by PlanetFeedback.com and BBBOnline, the Internet arm of the Better Business Bureau. Whil...

Asian Internet users are taking to e-commerce much slower than their American counterparts, according to a report released Monday by research firm NetValue.

One day after cash-strapped Buy.com announced it will be shuttering its Australia operations, the e-tailer surged past Amazon.com to secure the title of top online electronics seller in Forrester Research rankings. Forrester conferred a 64.57 rating upon Buy.com in its PowerRankings index, which ga...

Despite a string of well-publicized financial reversals, name-your-own price e-tailer Priceline.com has agreed to forgive a US$3 million loan it extended to a former top executive and will incur a roughly $3.3 million charge in the fourth quarter as a result. According to published reports, the ...

Ticketmaster Online-Citysearch, Inc. (Nasdaq: TMCS) has agreed to acquire Ticketmaster Corp. in a US$650 million deal that will join their online and brick-and-mortar ticketing and reservations businesses, the companies said Tuesday. As part of the transaction, Ticketmaster Online will issue 52 mil...

The amount of money that American consumers are losing to fraudulent Internet schemes is growing, according to a report released Thursday by the National Consumers League. The average loss per person rose from US$310 in 1999 to $412 during the first nine months of 2000, the study found.

The escalating industry-wide penetration of business-to-business (B2B) exchanges will eventually give rise to a batch of legal uncertainties that businesses and regulators will be forced to address, according to a report released Wednesday by Forrester Research.

Cosmetics and beauty supply e-tailer Beautyjungle.com announced Wednesday that it is shutting down operations after failing to secure adequate financing.

A new report released Tuesday by PC Data Online shows that traditional and catalog retailers are beginning to flex considerable muscle in today's super-competitive e-tail space.

High-profile Internet entertainment company Scour.com said Tuesday that it will shut down its controversial multimedia file-sharing and searching network within 48 hours in an effort to resolve pending litigation and smooth the progress of its assets sale in U.S. Bankruptcy Court in Los Angeles.

Internet grocer Streamline.com announced Monday that is winding down its operations after failing to secure an infusion of capital or find a buyer to acquire the troubled company.

Just one day after the U.S. Postal Rate Commission recommended a 1-cent boost in the price of first-class stamps for traditional mail, Stamps.com said Tuesday it has the commission's endorsement to create a reduced rate for first-class mail sent using Internet postage.