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Loudcloud Sells Hosting Biz to EDS for $63.5M

Giga Information Group analyst Joel Yaffe told the E-Commerce Times that the deal seems promising for both parties. Yaffe noted that Loudcloud has a strong product offering and that its biggest problem has been its financial position, which might have scared off some customer...

Napster Files for Bankruptcy

"Creating new ways of doing business is never easy," Bertelsmann CEO Joel Klein said when the deal was announced. "Napster will be at the forefront of finding business models that respect copyright, reward artists and deliver entertainment value to consumers. Peer-to-peer is a transforming technology, and we're proud to have Shawn Fanning continue to work on its development."

Napster’s Nine Lives: Execs Return as Bertelsmann Buys Site

"Creating new ways of doing business is never easy," Bertelsmann CEO Joel Klein said in a statement. "Napster will be at the forefront of finding business models that respect copyright, reward artists and deliver entertainment value to consumers. Peer-to-peer is a transforming technology, and we're proud to have Shawn Fanning continue to work on its development." ...

Judge Rejects Motion To Dismiss in Digital Copyright Case

The U.S. Attorney's office declined to comment on the case. ElcomSoft attorney Joe Burton could not immediately be reached for comment The trial schedule for the case will be determined at a May 20th hearing....

Ameritrade Acquires Datek in $1.3B Deal

In a conference call, Ameritrade CEO Joe Moglia, who will retain that title after the merger, said the resulting firm will be an online trading powerhouse catering to active traders. The Ameritrade name will remain, Moglia said, adding that decisions about whether to keep the...

Beyond.com Completes Sale to Digital River

"We plan to continue to leverage [our outsourcing]model in pursuing software publishers that are notcurrently outsourcing, as well as other verticals,including manufacturing and distribution," Digital River CEO Joel Ronning said Santa Clara, California-based Beyond.com firstan...

Not Your Grandma’s Internet Yet

To earn the loyalty of these Average Joes, e-tailers will have tofocus on utility and simplicity rather than onflashy design and bleeding-edge functionality ...

Report: New Hotel Portal Won’t Conquer Top Travel Sites

In an effort to help hotels control distribution costs and expand their reach, HDS said it plans to sell hotel rooms through multiple Websites. The company already has signed a deal with Orbitz and is indiscussions with several other sites, according tointerim CEO Joe Humphry. Eventually, HDS plans to opena direct-to-consumer site...

Beyond.com Files for Bankruptcy

Digital River CEO Joel Ronning told theE-Commerce Times that synergies between Beyond.comand Digital River make the acquisition a logical step."It's really a company that is very consistent withour current business, so it's a low-risk transactionfor us, but with high rewards," Ronning said.

Getting It Done Beyond the E-Commerce Spotlight

Well, one consequence might be that Joe Consumer never hears of the newest but most successful technology companies, because those companies are no longer vying for shares of Joe's mind. They're hard at work far below the radar, inserting value behind the scenes and getting paid for it...

Visa, MasterCard To Work Together on M-Commerce Standards

"To date, mobile commerce has failed to meet the needs of consumers, including the capability of handsets and the speed of wireless networks, and the content providers have not figured out what consumers want to purchase when they are mobile," Joe Chouinard, vice president of new e-commerce channels at e-Visa International, told the E-Commerce Times. "Also, the lack of secure transactions has inhibited the growth of mobile commerce."

Ameritrade Posts $14M Loss, Amid Trading Slowdown

Ameritrade chief executive officer Joe Moglia said that the Internet brokerage is "prepared to manage for profitability in any market condition." ...

E-tailers Aid Recovery Effort

Ameritrade also offered investors a word of caution: "Please be aware that there is a high likelihood the markets will be volatile in the opening session(s)," chief executive officer Joe Moglia said in a message on the company's Web site. "It is important that you carefully consider your investment decisions and review the status of your orders." ...

The Online Need for Speed, Indeed

As to who will win this race -- cable companies or telecom companies -- it almost does not matter. What matters is the average Joe sitting in front of his PC, more drawn to tonight's "Survivor" episode on TV than to the page tediously loading in front of him. Let's face it. E...

Step Forward for Online Foreign Currency Exchanges?

"The online foreign exchange capability is a cash-based payment alternative for buyers and sellers on online marketplaces," BizCurrency vice president of strategic development Joe Perry told the E-Commerce Times. According to Perry, the service is meant to meet the need for c...

Digital Music – What Napster Coined

Your average Joe on the street may not take kindly to these restrictions, but because of the shape of our system, these are limitations that rightfully should have been imposed by Napster. Ultimately those standards were applied to Napster, which is currently not online. ...

Ameritrade Buys Online Brokerage NDB for $154M

Said Ameritrade chief executive officer Joe Moglia: "By maximizing our operating leverage, we expect to increase our commission revenue, net interest revenue and operating margins, and move toward our goal of being a market leader in every client segment we serve. Our new clients will benefit from our segmentation strategy, which will provide greater choice and customized products and services."

The Elusive E-Shopper – Who’s on Aisle One?

Schmoozing Average Joe Unlike the early days of e-commerce, contemporary adult Internet users are beginning to look like the couple next door....

E-Commerce Provider Throws Lifeline to Abandoned Clients

"An increasing number of e-commerce service providers are shutting down operations or battling layoffs, revenue shortfalls, slowing sales and growing debt," said Digital River chief executive officer Joel Ronning. "In some cases, [clients] are left hanging when their sites unexpectedly go dark. We can offer these companies a transition plan that can keep their e-businesses growing."

Is Monster.com a Monster?

Indeed it does, but in this case, Average Joe Job Seeker is not the consumer. You and I don't pay a dime for most of Monster's services. The corporations who list the jobs pay. And their choices are shrinking. Sure, as Monster executives point out, there are other job boards ...

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