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Report: New Profile for ‘Typical’ Web User

With more Americans going online each day, the typical online consumer is no longer the "Internet geek" of lore, according to a report released Monday by Yankee Group, a Boston, Massachusetts-based research and analysis firm ...

E-tail Slump Enters Third Month

According to statistics firm PC Data, the pace of business at the top online retailers in September was virtually unchanged from August, marking the second consecutive month of lackluster activity ...

Yahoo! Slips After Beating the Street

Yahoo! Inc. (Nasdaq: YHOO) announced Tuesday that it posted better-than-expected results for the third quarter, topping analysts' earnings estimates by a penny per share. Revenue rose 90 percent from a year earlier ...

Report: Contest Sites Sweeping Web

Sweepstakes-style Web sites, frequented by women and people over 50, were heavily represented on the Media Metrix list of top 10 newcomer Web sites for August ...

U.S. Shuts Down Net Porn Billing Scam

The U.S. Federal Trade Commission (FTC) said Thursday it has charged an overseas company and its principals with billing consumers and attempting to collect payment for Internet-based adult entertainment services and international phone calls that were never purchased or authorized ...

Priceline’s WebHouse Club Bows Out

WebHouse Club, a licensee of name-your-price e-tailer Priceline.com (Nasdaq: PCLN), announced Thursday it will wind down its grocery and gasoline operations over the next 90 days ...

Net Ad Revenues Remain Robust

The Internet advertising industry saw $2.1 billion (US$) in revenue in the second quarter, with year-to-date sales approaching the total for all of last year, according to a study released Tuesday by the Internet Advertising Bureau and PricewaterhouseCoopers ...

Report: Consumers Cool to Net Banking

Consumers are leery of online alternatives to traditional banking and will require an extra push from financial institutions to take their business online, according to a report released Tuesday by Deloitte Consulting ...

New Service Brings eBay to Non-Wired

TIAS.com, a company that helps antique and collectibles dealers sell their merchandise over the Internet, announced Thursday it is launching a national chain of consignment centers that will allow people without Web access to sell their antiques and collectibles on eBay, Inc. (Nasdaq: EBAY) ...

WorldCom Appeals EU Merger Block

WorldCom (Nasdaq: WCOM) has gone to court to appeal the European Commission's rejection of its proposed merger with rival phone company Sprint (NYSE: FON), saying the decision was misguided ...

AOL, NTT DoCoMo in Wireless Net Pact

America Online, Inc. (NYSE: AOL) and Japan's NTT DoCoMo announced plans Wednesday to provide wireless Internet services in Japan and other countries as well ...

Study: E-Shopping Key To Retail Health

Retailers relying on a combination of physical stores, catalogs and Web sites tend to do more business than those that offer just one option, according to a study conducted for the National Retail Federation (NRF), the trade group representing the retail industry ...

NBCi Debuts Revamped Web Effort

NBC Internet, Inc. (Nasdaq: NBCI) unveiled a new Internet portal Monday that consolidates the company's consumer Internet properties under a single name, showcasing their affiliation with NBC's television networks ...

CMGI Beats Street, Eyes AltaVista IPO

Internet incubator CMGI, Inc. (Nasdaq: CMGI) reported a smaller-than-expected loss for the fiscal fourth quarter as revenue from its search engines soared ...

eBay Rolls on Rosy Outlook

Shares of eBay, Inc. (Nasdaq: EBAY) surged 10 7/8 Wednesday to close at 76 9/16 after company executives presented analysts with ambitious plans to grow close to 50 percent each year and achieve revenue of $3 billion (US$) by 2005 ...

Bezos Sees Sunshine for E-Commerce, Amazon

E-commerce is likely to grow by 50 percent each year over the next 10 years, and sales at Amazon.com (Nasdaq: AMZN) "should be able to grow at that rate or even faster," said Amazon founder Jeff Bezos Tuesday ...

AOL Offers Flat-Rate Net Access in UK

In a move aimed at allowing its subscribers to spend more time -- and do more shopping -- on the Web, America Online, Inc. (NYSE: AOL) has said its UK division will offer Internet access for a flat monthly fee ...

Feds Settle E-Commerce IPO Fraud Case

The U.S. Securities and Exchange Commission (SEC) has settled its lawsuit against an e-tailer it said raised approximately $3.8 million (US$) from investors by touting false information about plans for an initial public offering (IPO) ...

AOL Unveils ‘Bargain Basement’

America Online, Inc. (NYSE: AOL) has announced the creation of a "Bargain Basement" area on its Web site, with brand-name clothes, consumer electronics, housewares and other items offered at prices up to 80 percent below retail ...

Netscape Unveils Small Biz Service

America Online (Nasdaq: AOL) said Wednesday it will launch a free portal aimed at helping millions of small businesses get online and use the Web for advertising, selling and gathering information ...

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