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The Internet promises a number of benefits to consumers and the economy, but there is "a real danger" that those benefits will not be realized if consumers identify the Internet with fraud operators, a U.S. Federal Trade Commission (FTC) official testified Thursday ...

Alternative payment methods, such as prepaid value cards and Web currency, are being used online, but according to analysts and merchants alike, they'll never dethrone the king of the dot-com world: the credit card ...

Following the announcement of staff layoffs and an executive departure last week, Drugstore.com(Nasdaq: DSCM) on Monday reported a narrower than expected loss for the fourth quarter and that net sales for the fourth quarter of 2000 topped sales figures for all of 1999. ...

According to the United Kingdom's National Crime Squad, three men were arrested at their homes north of London on Tuesday in connection with a high-tech heist at Egg, one of the Internet's most high-profile banks ...

Following an uproar over Toysmart's intention to break the privacy promise it made to its customers, the defunct e-tailer has done an about-face, deciding not to sell its database of customer information, after all ...

U.S. District Court Judge Marilyn Hall Patel granted a request by the Recording Industry Association of America (RIAA) for a preliminary injunction against online music swapping company Napster, ordering the company to stop making files of copyrighted music available for download as of midnight Friday ...

The judge who in May ordered Yahoo! (Nasdaq: YHOO) to block French access to auctions of Nazi memorabilia being sold through its U.S. auction site granted the Santa Clara, California-based Web giant a three week reprieve on Monday ...

Portals are increasingly leading their massive audiences to the e-commerce watering hole, according to June ratings just released by Nielsen//NetRatings ...

The U.S. Federal Trade Commission (FTC) has settled its case against a group of online pharmacies charged with false advertising and operating an unauthorized credit card processing scheme ...

A report released Monday projects that online global advertising will swell from $4.3 billion (US$) last year to $28 billion by 2005, but that many companies are unprepared to take advantage of the surge ...

The Electronic Commerce and Consumer Protection Group, a working group comprised of seven of the world's leading Internet and e-commerce companies, proposed a set of guidelines Tuesday designed to protect online consumers and "inspire global discussions of legal issues related to consumer transactions in the borderless, instantaneous new medium." ...

Eighty-five percent of Internet users are also Internet shoppers, according to a new survey, "The Interactive Consumer: Charting the Online Shopping Revolution," commissioned by Parade Magazine ...

The raging debate over online music moved to Capitol Hill Wednesday, as several music industry insiders testified before the U.S. House Small Business Committee ...

Bank of America and BroadVisiona provider of personalized e-business applications, announced Monday that they are forming a new company to develop customized business-to-employee (B2E) portals for corporate intranets ...

A new report by research firm Jupiter Communications (Nasdaq: JPTR) predicts that the total dollars (US$) spent by consumers for online and Web-influenced offline purchases will exceed $235 billion this year and top $831 billion in 2005 ...

America Online (AOL) has been slapped with a cease and desist order by the U.S. Securities and Exchange Commission (SEC) and has agreed to pay a civil penalty to settle charges in the amount of $3.5 million (US$) ...

Online giant Amazon.com, which has already invested $30 million (US$) in California-based Internet startup WineShopper.com, announced Tuesday that it has forged a partnership with the newly-launched e-tailer ...

Number two auto manufacturer Ford Motor Company (NYSE: F) announced Thursday that it will partner with B2B auction site ZoneTrader.com to sell its surplus capital equipment at online auctions ...