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Internet delivery service Webvan (Nasdaq: WBVN) announced Tuesday that it is exiting the Dallas, Texas market in a bid to conserve capital and bring its other regional areas of operation to profitability. The Foster City, California-based company also said that approximately 220 workers will be lai...
Online auction search site Bidder's Edge, which was barred last year by a court order from combing auctions that were listed on Internet heavyweight eBay, said that it will be shutting down its search service on February 21st. Burlington, Massachusetts-based Bidder's Edge said that the business ...
Amazon.com remained the top online retailer in January with roughly 2.3 million projected buyers -- more than three times that of nearest competitor Barnesandnoble.com -- according to a report released Wednesday by market research firm PC Data. While Amazon also managed to double the number of shop...
After struggling to secure an infusion of capital, ailing online pharmacy PlanetRX.com announced Monday that it had stopped accepting new prescriptions, effective immediately, and will discontinue the sale of health and beauty products from its Web site on March 12th. The company will refer its f...
Seeking to further extend its international reach, online auction giant eBay is in negotiations to acquire French Internet auction firm the iBazar Group, according to reports published Monday. In its online edition, The Wall Street Journal said that the potential buyout is worth approximately US$9...
Although the Internet advertising industry has taken a hit in recent months, a report released Thursday finds that online firms should not be so quick to scale back their Web-based marketing efforts in a bid to trim operating budgets. According to data from online measurement firm Jupiter Media Me...
While e-tail fulfillment problems have been a steady source of dissatisfaction among online consumers, a report released Thursday concludes that they also often dampen efforts by Web merchants to achieve profitability. According to an analysis of e-commerce infrastructure by Jupiter Research, 44 p...
While e-tail fulfillment problems have been a steady source of dissatisfaction among online consumers, a report released Thursday concludes that they also often dampen efforts by Web merchants to achieve profitability. According to an analysis of e-commerce infrastructure by Jupiter Research, 44 p...
While e-tail fulfillment problems have been a steady source of dissatisfaction among online consumers, a report released Thursday concludes that they also often dampen efforts by Web merchants to achieve profitability. According to an analysis of e-commerce infrastructure by Jupiter Research, 44 p...
Fashionmall.com (Nasdaq: FASH) and direct marketing and advertising firm GenesisIntermedia.com (Nasdaq: GENI) announced Wednesday that they have ended merger talks after the e-tailer's board of directors rejected a previously proposed buyout bid from Genesis. Genesis initially pitched its offer ...
Providian Financial Corp., one of the largest bankcard issuers in the U.S., has taken an equity stake in Internet payment services provider PayPal in a bid to boost both firms' online and offline offerings, the companies announced Tuesday. As part of the deal, Providian will offer the Web payment f...
In the coming years, chemical firms will shift their Internet strategies from conducting online transactions to designing customized products -- with chemical buyers making use of online development portals -- according to a report released Monday by Forrester Research. "Moving basic commerce fun...
Pet supplies e-tailer Petopia.com pulled the plug on its planned US$100 million initial public offering Friday, saying in a filing with the U.S. Securities and Exchange Commission (SEC) that it has sold almost all of its assets and is no longer in business. The San Francisco, California-based compa...
While the U.S. Congress debates proposed Internet privacy laws, a tech industry group announced Wednesday that it has issued a set of self-regulatory guidelines in a bid to ward off federal intervention. Although the Personalization Consortium said the standards provide a set of "best practices...
Although large companies boosted their online advertising by 18 percent during the fourth quarter of 2000, a higher percentage of Net ads came from small and mid-sized companies -- particularly in the dot-com industry -- according to data released Monday by AdRelevance, a Jupiter Media Metrix firm. ...
Although the Internet advertising industry has fallen victim to the belt-tightening measures of many dot-coms looking to trim their operating budgets in recent months, a report released Thursday finds the spending slump is only a "temporary pause" in the market's overall growth. According to Forres...
The difficulty of harnessing the power of e-business is the second most widely held concern among chief executive officers worldwide -- with 38 percent citing it as the primary challenge facing their businesses in the next year -- according to a study released Wednesday by Accenture (formerly A...
In a bid to cool the energy meltdown that ignited rolling power blackouts in California, Governor Gray Davis announced Tuesday that the state is going to hold an Internet auction to secure long-term, low-cost electricity contracts. "I expect these bids on long-term energy contracts should stab...
Despite grim market predictions about the Web advertising market, online ad impressions in December climbed 21 percent from November to reach a record high of over 65 billion ads viewed, according to a study released Monday by AdRelevance, a Jupiter Media Metrix company. Although online advertise...
The U.S. Federal Trade Commission (FTC) announced Monday that it had closed its year-long probe into the data collection and handling practices of DoubleClick, concluding that the Internet advertising firm did not violate its own privacy policy or engage in deceptive trade practices. The investi...
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