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Automotive-systems supplier Visteon said Thursday that it will participate in Covisint, the giant online auto purchasing exchange being built by Ford, DaimlerChrysler, General Motors, Nissan and Renault The Dearborn, Michigan-based Visteon said the move will allow it to trim costs while expanding its e-business strategies and revenue growth.
Two noted privacy watchdog groups have ended partnerships with Amazon.com over recent changes in the online bookseller's privacy policy The Electronic Privacy Information Center (EPIC), a Washington, D.C.-based research center, announced Wednesday that it will no longer be selling any of its publications in association with Amazon.
Internet advertising companies and Web sites should disclose their placement of "Web bugs" to ease users' concerns that their online moves may be unknowingly tracked, according to a new proposal presented on Wednesday by the Privacy Foundation The nonprofit watchdog group said at the Global Privacy Summit in Washington, D.C. that its set of regulat...
Manufacturers and shippers need to shore up weak supply links or risk crumbling under the surging demand of a global e-commerce market that is set to skyrocket to $6.8 trillion (US$) by 2004, warn two new reports from Forrester Research The studies, "Manufacturing Deconstructed" and "Delivering The Global Goods," found that the networking processes...
In a bid to provide tighter security for e-commerce and other transactions, Visa U.S.A. rolled out its new digital-based "smart card" on Tuesday. The smart card will store customer identification and account information within a microprocessor chip, and only smart card readers will be able to access the secured data In addition, the card will inclu...
Kids and young adults between the ages of 18 and 24 are spending a projected $164 billion (US$) online per year, according to two new studies by Nickelodeon Online/Harris Interactive KidPulse and MTV/Harris Interactive KidPulse The figure accounts for 13 percent of total spending by this age group, the studies found, and also represents a four-fold...
Just days after being slammed with a multi-million dollar (US$) adverse ruling in the copyright case brought by Universal Music Group, Internet music download site MP3.com faces another legal challenge. Zomba Recording Corporation and Zomba Music Publishing, the label and music publisher behind Britney Spears, the Backstreet Boys, and 'N Sync, are reportedly bringing a copyright lawsuit against MP3.com...
The credit and debit card information of about 15,700 Western Union customers who used the company's Web site to transfer money has been stolen by hackers, officials for the company confirmed Monday "We've determined there was a security breach," Western Union spokesperson Peter Zivertz told the E-Commerce Times, "and we believe the credit and debi...
Launching yet another offensive against Internet fraud, the U.S. Securities and Exchange Commission (SEC) announced on Wednesday that it has filed 15 separate suits against 33 companies and individuals accused of bilking investors of more than $10 million (US$) in "pump-and-dump" schemes According to the SEC, the defendants drove up the stock price...
Hoping to capitalize on one of the fastest growing segments of the travel industry, discount online travel agency Savvio.com launched its site Thursday with a customer service model it thinks will help it fly by competitors The Alviso, California-based company does away with the blind purchasing process made popular by Priceline.com and instead all...
A powerful new distributed denial-of-service (DDoS) tool has surfaced in as many as 400 hosts, creating a new threat of crippling cyber assaults, electronic security management firm Internet Security Systems (ISS) said Tuesday DDoS attacks can bring down a network by overwhelming target machines with large amounts of traffic. In February, several o...
Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting facilities in AT&T's Internet Data Centers....
Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting facilities in AT&T's Internet Data Centers....
Moving even further into the e-business arena, telecommunications giant AT&T Corp. (NYSE: T) announced Tuesday that it has inked a US$450 million, multi-year Web hosting deal with IBM Corp. (NYSE: IBM). IBM will contract for up to several hundred thousand square feet of Internet hosting facilities in AT&T's Internet Data Centers....
Electronic billing and payment provider CheckFree (Nasdaq: CKFR) announced Tuesday that it has completed its acquisition of Transpoint LLC in a stock deal valued at around $1 billion (US$). To finalize the transaction, CheckFree shareholders voted last week to issue 17 million shares of company stock to TransPoint.
Consumers spent over $5.5 billion (US$) shopping on the Internet during the second quarter of this year, an increase of 5.3 percent from first quarter online sales of $5.24 billion, according to separate figures released Thursday by Nielsen//NetRatings and the U.S. Department of Commerce (DOC) The figure represents .68 percent of all retail sales, ...
In a move that could have a ripple effect throughout the United States, California lawmakers are pressing Governor Gray Davis to sign proposed legislation that would mandate the collection of sales taxes on Internet purchases made by state residents The bill, AB 2412, which was introduced by state assemblywoman Carole Migden in February, targets Ca...
A new study by International Data Corp. (IDC) finds that a surge in the number of Americans using the Internet over the next several years will cause the demographics of the population to shift dramatically The report forecasts that 103 million users, cutting across age and economic lines, will make their first foray into cyberspace by 2004, boosti...

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