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...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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.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 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 ...
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...
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...
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...
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...
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...
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...
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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