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Results 1-20 of 64 for Jon Weisman.

One Year Ago: Is the Sun Setting on E-Bookstores?

Although revenues are up and books continue to be the top-selling product category on the Net, book e-tailers are falling short of analyst earnings estimates. The result: a flurry of e-bookseller stock downgrades. Have online bookstores reached their market saturation point and are they really in...

One Year Ago: Embattled eToys Slashes 700 Jobs

Troubled toy e-tailer eToys officially moved to the dot-com critical list, announcing that approximately 70 percent of the company's 1,000 employees have been informed that their jobs are being eliminated. eToys said the layoffs were effective immediately for about 380 employees. The remaining nu...

One Year Ago: The Dot-Com Shakeout: Who Knew?

Remember when people actually wondered if there would be a dot-com shakeout? Remember when you were Chicken Little if you displayed any anxiety about the New Economy? When the sky finally fell -- and fell hard -- you were not alone if you were caught by surprise. After all, most analysts and inves...

One Year Ago: E-Commerce Gains as Pure Plays Dwindle

Within the next month, a mess of online holiday sales figures will be released, to be scrutinized like tea leaves for signs of e-commerce's ultimate fate. However, no matter how those numbers read, 2001 is shaping up as a year where traditional storefront and catalog retailers firmly take control...

Tech Stock Standouts of 2001 – If You Only Knew

Took another bath in tech stocks this year, did ya? Well, as you towel off those losses, consider this. Several tech stocks bubbled in the overall economic bath this year -- without ever bursting. While some of the winners might have been obvious choices, others are companies that you might have ...

Bush Signs Off on Extension of Net Tax Ban

According to published reports, President George W. Bush on Wednesday signed into law a bill that renews the ban on key taxes related to the Internet and e-commerce. Bush reportedly said that the legislation would promote growth of the Internet, and that "holiday shoppers will not be burdened by ...

Amazon Reorganizes, Emphasizing Third-Party Services

E-commerce giant Amazon.com has reorganized its business operations into five departments -- with an increased emphasis toward third-party services -- the company confirmed. "We obviously want to make changes to the organization that make sense for the business," Amazon spokesperson Patty Smith t...

Nasdaq Spikes as U.S. Cuts Interest Rate for 10th Time in 2001

Making another bid to reverse the economic slowdown that has hammered the U.S. economy overall and tech companies in particular, the U.S. Federal Reserve on Tuesday cut interest rates for the 10th time this year. The Federal Open Market Committee said it had lowered its target for the federal fun...

Amazon Holds To Q4 Profitability Call – Despite Flat Sales in Q3

Addressing perhaps the most closely watched prediction in e-commerce, e-tail giant Amazon.com on Tuesday reiterated its call for an operating profit in the fourth quarter of this year. Despite the fact that revenue remained virtually the same as it was in the third quarter of 2000, Amazon announc...

One Year Ago: What You Don’t Know About Net Taxes

Did you know that the current U.S. moratorium on Internet taxation does not ban taxes on goods sold via the Internet? If you did, count yourself among the lucky group that has not been confused or misled by the fragmented Net tax debate. The Internet Tax Freedom Act, enacted by the U.S. Congres...

Yahoo! Reports Q3 Loss, Job Cuts Loom

Internet portal Yahoo! on Wednesday reported a net loss of US$24.1 million, or 4 cents per share, for the third quarter ended September 30th. However, during a conference call following the release of its earnings report, Yahoo! chairman and chief executive officer Terry Semel said that the onlin...

Priceline Expands Stake in Online Mortgages

Priceline.com, which in the past has gotten questionable results from investments outside the travel sector, announced Tuesday that it plans to exercise its option for a 49 percent equity stake in an online loan service co-founded by the company. In making the announcement, Priceline noted that P...

Gateway Warns Q3 Loss To Be Worse Than Expected

Gateway said Thursday that its third-quarter loss will be far worse than earlier Wall Street's expectations and blamed the shortfall in part on a drop in demand following the September 11th terrorist attacks on the United States. The No. 4 computer maker also said it would take a charge of $100 ...

Techs Barely Blink as Interest Rate Cut to Lowest in 40 Years

News on Tuesday that the U.S. Federal Reserve had announced its ninth interest rate cut of 2001 briefly jiggered tech stocks, but left no apparent change in the long-term forecast for the sector. "The Committee continues to believe that ... risks are weighted mainly toward conditions that may ge...

Echoes of the Fed Rate Cuts

During the year, the Federal Open Market Committee of the U.S. Federal Reserve has lowered its interest rate target from 6.5 percent to 2.5 percent, its lowest level since the John F. Kennedy administration. What follows are excerpts from statements that tech companies and investors have heard f...

Checking Out the Online Flix Tix Mix

By and large, if you know what movie you want to see, you can buy tickets online easily. However, if you log on without having picked your flick, your online experience might end up being as enjoyable as "Problem Child 3." With that in mind, the E-Commerce Times took it upon itself to evaluate t...

Checking Out the Online Flix Tix Mix

By and large, if you know what movie you want to see, you can buy tickets online easily. However, if you log on without having picked your flick, your online experience might end up being as enjoyable as "Problem Child 3." With that in mind, the E-Commerce Times took it upon itself to evaluate t...

Checking Out the Online Flix Tix Mix

By and large, if you know what movie you want to see, you can buy tickets online easily. However, if you log on without having picked your flick, your online experience might end up being as enjoyable as "Problem Child 3." With that in mind, the E-Commerce Times took it upon itself to evaluate t...

Global Sports To Buy Ashford.com

E-commerce service provider Global Sports continued its expanding ways Friday by announcing its intent to purchase perhaps the leading name in pure-play online luxury sales, Ashford.com. The acquisition is arguably the first of any significance in the e-commerce world since Tuesday's terrorist a...

One Year Ago: Ten Key Moments in the Making of E-Commerce – Part II

In Part I of this special report, the E-Commerce Times looked back at the first five major milestones in e-commerce history. From the first electronic business transactions to heartstopping e-tail sales figures, e-commerce burst onto the scene in dramatic fashion. Now, as this report concludes,...

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