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Schwab Gets Excited

Schwab notes the site is designed for non-customers as well as traders and market watchers. The theory behind appealing to both groups is that a constant reminder of the availability of online trading may move some would-be investors off the fence, spokeswoman Rebecca Metz told the E-Commerce Times. "We're trying to make it a site that's friendly and useful for a lot of different people," she said.

Akamai Riding the E-Commerce Wave

Akamai spokesman David Goodtree told the E-Commerce Times that the breakneck speed at which the company is progressing is startling to even those involved. "The company's momentum is going extraordinarily fast now," Goodtree said. "From the first round of financing to the sec...

$40 Million IPO Reveals Signs of Intelligent Life

"We accomplished the initial objective of the offering by raising funds which will be used to expand our business with increased marketing and promotion, investments in editorial and content production and possible future acquisitions," Minford told the E-Commerce Times Friday.

E-Coupon Providers Cut and Save Lawsuit

Jack Jackson, a CouponSurfer spokesman, told the E-Commerce Times Thursday that the lawsuit involved the targetting and distribution of coupons over the Internet. Jackson declined to disclose any more details, including whether there was any financial settlement. Industry On ...

Slimming Down “E” Style

eDiet.com Chairman and CEO David Humble told the E-Commerce Times that his company has over 50,000 members, each paying $70 (US$) annually, for the company's services. The company first started selling its program in supermarkets, but has now scrapped that approach, in favor ...

Telebank and Online Broker to Join Forces?

So said Deborah Newman, director of marketing for Arlington, Virginia-based Telebank, in an interview with the E-Commerce Times last week. But that's not all. "We plan to have a virtual insurance agency in place by June," Newman added. "We're also going to be offering an Internet credit card." ...

MIT Announces Finalists for E-Commerce Awards

"Just to be associated with such a distinguished and stellar list of e-commerce leaders is a reward in itself," Akamai's vice president of marketing, David Goodtree, told the E-Commerce Times Wednesday. Akamai, which is Hawaiian for intelligent, clever and cool, was founded l...

Radio Shack Plans To Put It All Online

Circuit City spokesman Morgan Stewart told the E-Commerce Times today that the company still plans to get into e-commerce this year, as it announced earlier. However, he would not elaborate on when the chain will go online or what products will be offered. Best Buy is also ge...

Homebid.com Gets $25 Million Foundation

"I can see how the online auction could work for lower-priced properties in high-density areas," Cosgrove told the E-Commerce Times, ''but in the higher-priced markets will always be the domain of traditional brokers. There's a lot to say for the services we provide and I don't think they can be duplicated online." ...

Toys ‘R’ Us Dives into Deep End of E-Commerce Pool

"We have a lot of respect for eToys," Toys 'R' Us vice president Rebecca Caruso told the E-Commerce Times, "but in the long term, we believe our model will be superior." Significant in that business model, Caruso said, are the inherent advantages of having brick-and-mortar stores to complement their Internet site. "We have 700 stores in which (customers) can look at a toy and see how it fits the child. It's easy to return items and people can go to stores and pick up items." ...

Dow Jones To Launch Business Portal

Discussing the free dowjones.com portal and its relation to the company's fee based Web services, Dow Jones' Richard Tofel told the E-Commerce Times, "We see them as complementary." Adding, "We believe that dowjones.com will drive traffic to the [Wall Street Journal] Interactive site." ...

ATM Cards: Coming Soon To Your Favorite Online Store?

"For the first time, Internet commerce merchants will be able to accept ATM card payments, instantly debiting the checking or savings account of the customer," said Cash Technologies chairman and CEO Bruce Korman, who spoke with the E-Commerce Times in an exclusive interview.

E-Commerce Reaches Out for Y2K Profits

Bong Suh, vice president of corporate development at Beyond.com, told the E-Commerce Times, "We generally find that shareware titles are a great feeder into the commercial version. It's a highly effective means for customer acquisition." In fact, some of the software from Down...

iMall Shines at Internet World

As iMall announces that more than 1,000 merchants have already opened shop in its Stuff.com Internet mall, the company's chairman and chief executive officer, Richard Rosenblatt, told the E-Commerce Times that he expects to see no fewer than 500,000 online vendors operating in his mall, within the next two years.

E-Commerce Outsourcing All the Rage at Internet World

Within the burgeoning e-commerce industry, there appears to be a growing momentum towards providing end-to-end outsource services for online merchants, with the goal of addressing the daunting technology and fulfillment challenges faced by Internet-based vendors. In this special report, E-Commerce Times industry analyst, David Geller focuses on NetSales and Eliance -- two "companies to watch" in the e-commerce end-to-end solutions category.

Intel and Excite Announce New E-Commerce Deal

Robert Manetta, a spokesman for Intel told the E-Commerce Times, "With this relationship, we are continuing to 'connect the dots' of Intel's e-commerce strategy." The new deal will reportedly combine a vast selection of goods and services from Intel's newly acquired iCat divi...

Food.Com Gets Fed $25 Million in Venture Capital

In the Fall of 1998, the E-Commerce Times conducted an exclusive interview with Cybermeals, featuring the young startup as an "E-Commerce Success Story." Tim Glass, the company's owner told the E-Commerce Times, "I came up with the concept after seeing the movie "The Net." Th...

Get Ready For Internet Sales Taxes

A spokesman for Rep. Billy Tauzin told the E-Commerce Times that the Louisiana Republican was serious last week when he warned Web merchants that states and localities will win the right to impose sales taxes on their transactions Tauzin, who heads the House subcommittee on te...

E-Commerce Times: Blodget Waves His Magic Wand

Many Internet stocks got a boost on Wednesday, thanks to positive comments from Merrill Lynch. You might remember that Merrill had a short-term rating of "reduce" for Amazon.com in late January. On Wednesday, Merrill rated Amazon.com "accumulate" and set a 12-month price target of $150 ...

Amazon.Com Grabs Big Chunk of Drugstore.Com

Paul Capelli, a spokesman for Amazon.com told the E-Commerce Times that Amazon "ultimately wants to become the e-commerce destination for consumers, no matter what they want to find and purchase on the Internet." However, he declined to say what other businesses or market categories Amazon.com has targeted for relationships like this one with Drugstore.com.

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