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Although part of the recent spike in reports of identity theft can be attributed to the Internet, offline methods of stealing personal data still provide a more significant information stream for criminals, according to National Fraud Center chairman of the board Norm Willox Speaking before identity theft workshops assembled by the U.S. Federal Tra...
Teens are poised to jolt the Web in the coming years as their focus shifts from fulfilling entertainment needs to honing purchasing and investing skills, according to a study released Thursday by Forrester Research While peer-to-peer driven technologies such as Napster have energized today's Net savvy 16 to 22 year-olds, they will soon take to fina...
Backed by six of the largest U.S. air carriers, Hotwire.com launched its discount online travel site Tuesday in a bid to chip away at Priceline's dominant market share in the burgeoning sector The San Francisco, California-based company received part of its $75 million (US$) investment from American Airlines, America West, Continental, Northwest, U...
An online trading exchange backed by such aviation industry giants as American Airlines, United Airlines and British Airways announced Thursday that it will be joining forces with a similar exchange, led by major aerospace manufacturers, in a bid to trim transaction costs between airlines and their suppliers The venture teams MyAircraft.com -- an e...
Although a court ruling may eventually seal the fate of controversial file-swapping service Napster, the company unveiled an official client for the Macintosh on Wednesday Dubbed Napster for the Mac, the software was developed by Blackhole Media, which had already been distributing its Macster clone of the popular service for months. Napster said i...
Internet users around the world have a greater willingness to buy products and services online than do their U.S. counterparts, according to a report released Tuesday by research firm International Data Corp. (IDC) The firm also predicted that by 2004, many countries -- including Korea, Japan, France, Brazil and China -- will demonstrate significan...
Dot-com layoffs are continuing to mount with no indications of a letup, according to a new report released Monday by Challenger, Gray and Christmas, Inc The outplacement company, which tracks daily job cuts in various sectors, found that layoffs at tech businesses climbed to 5,677 in October, an 18 percent increase from September.
Internet auction giant eBay issued an apology to its customers on Monday for sporadic system and service outages that have hampered the site's functions for the past week In a message posted on its announcement board, the company said a database upgrade that began over the summer triggered the current batch of problems.
Internet postage company Stamps.com (Nasdaq: STMP) announced Monday that it has slashed its workforce by 40 percent in a bid to streamline its operations and improve profitability The cost-cutting measure affects approximately 240 full-time, part-time and contract workers at all of the company's locations, including its corporate headquarters in Sa...
Controversial Internet music firm MP3.com (Nasdaq: MPPP) has slimmed its operating costs, according to third-quarter results released Thursday, but the embattled company continues to commit millions of dollars (US$) to its ongoing legal battles The San Diego, California-based company posted a pro-forma net loss of $6.1 million, or a 9 cent per shar...
The Global Internet Liberty Campaign (GILC), a coalition of about 30 civil liberties and human rights groups, is petitioning the Council of Europe to revamp a draft treaty on cybercrime based on charges that it is riddled with measures that threaten online privacy and free speech The Council, an intergovernmental organization headquartered in Stras...
Even as high-tech companies rethink the scope of their e-commerce investments, optimism about short-term economic and business conditions remains strong, according to a study released Thursday by PricewaterhouseCoopers "By tightening the reins at this time, industry leaders are looking to build upon a recent improvement in profit margins," said Pau...
Speaking before a group of high-tech professionals gathered in Orlando, Florida on Tuesday, U.S. vice-presidential candidate Joseph Lieberman said that, if elected, the Democratic ticket would ward off efforts to impose taxes on e-commerce for the next two to five years The Connecticut senator, who co-sponsored legislation establishing the Internet...
Controversial Internet music download site MP3.com has tentatively agreed to pay up to $30 million (US$) to the National Music Publishers' Association (NMPA) and its licensing subsidiary, Harry Fox Agency, for the use of over one million songs on its network, the companies said Wednesday The preliminary three-year licensing deal, which would allow ...
Signaling a possible narrowing of the digital divide, more Americans can readily access the Internet than ever before, according to a new report released Monday by the U.S. Department of Commerce (DOC) The report, "Falling Through the Net: Toward Digital Inclusion," found that there has been an upsurge in the use of information technologies among m...
Federal policymakers risk weakening their regulatory abilities if they fail to limit the role they play in overseeing the exploding e-finance industry, U.S. Federal Reserve Chairman Alan Greenspan warned Monday The rapid evolution of the Internet and the information technology sector has triggered fundamental changes in the execution of stock trade...
Scour, Inc., the high-profile Internet entertainment venture backed by Hollywood heavyweight Michael Ovitz, has filed for Chapter 11 bankruptcy protection, the company announced Thursday The latest casualty of the ongoing dot-com shakeout, the Los Angeles-based company said the filing will allow it to evaluate "various strategic business alliances ...
German electronics firm Siemens is partnering with three of the world's largest mobile products manufacturers to develop an open and common industry framework for secure mobile electronic transactions, the companies said Wednesday. The alliance, dubbed Mobile E-Business Technologies (MeT), was launched in April by Nokia, Ericsson and Motorola, and is concentrating its efforts on creating a safe and easy way for users to make purchases with a Web-enabled mobile phone...
One day after Internet powerhouse Yahoo! rolled out a free Web-based telephone service, rival Lycos (Nasdaq: LCOS) launched its own voice-powered portal that will allow users to tap into a suite of information services The service, which is offered under the Lycos Anywhere brand, will initially be available in only five markets: Boston, Massachuset...
Half of small and midsize businesses that implement and supervise their own network security will fall prey to a successful cybercrime by 2003, according to new research released Tuesday by Gartner Group More than 60 percent of those firms will not even detect that their systems have been compromised, Gartner said.

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