Articles by Clare Saliba

Businesses around the world that have established Web sites can expect to see the proportion of revenue they receive from Internet-generated sales to double in 2001 from 2000, according to data released Thursday by IDC "The value of sales influenced by the Internet is growing," said the Framingham, Massachusetts-based research firm....

Not content to rest on its laurels as one of the true e-commerce success stories, auction giant eBay (Nasdaq: EBAY) plans to launch a storefronts program in coming months, chief executive officer Meg Whitman told investors Friday. Whitman also told shareholders at eBay's annual meeting in San Jose, California that eBay plans to merge Half.com, the...

Capping a week of restructuring initiatives, BlueLight.com said Thursday that chief executive officer Mark H. Goldstein has stepped down from his post at the online affiliate of retail giant Kmart "The next chapter for BlueLight is about further optimizing Kmart economics, not focusing on independent innovation," said Goldstein, who helped launch t...

Online business-to-business (B2B) sellers need to provide more comprehensive services in order to cement customer loyalty, boost revenue and create value for B2B e-commerce, a study released Thursday by Jupiter Media Metrix found The study, which was released in Boston, Massachusetts at a B2B forum sponsored by the research group, said that over 80...

Although online business-to-business (B2B) transactions currently account for a strong majority of all e-commerce revenue, a report issued Wednesday by Jupiter Media Metrix forecast that an increasing number of firms plan to use private trading networks (PTNs) for collaboration rather than sales over the next 12 months The study, released in Boston...

A projected shift in online user demographics in the coming years willlikely fuel an even greater boom for the online travel sector, according todata released Thursday by IDC. One of the sector's key drivers will be an explosion in the population with the "time and funds to travel," the firm said....

Network Appliance (Nasdaq: NTAP) dipped US$1.33 to $21.20 in morning trading Wednesday, after the company reported that fiscal fourth-quarter profit plummeted 98 percent Network Appliance said economic weakness has continued to spread to corporate investment in the computer data-storage storage market.However, the Sunnyvale, California-based compan...

Consumers spent US$4.3 billion online in April -- a 22.1 percent spike from the $3.5 billion racked up in Internet sales in March -- accordingto data released Tuesday by ForresterResearch and Greenfield Online The research firms found that last month's e-tail spendingoutpaced the $3.3 billion spent by Web shoppers in April 2000 by approximately 30 ...

Although many sports Web sites in the United Kingdom are adding gambling services in an effort to boost income levels, the country'ssaturated online sports marketplace will face a squeeze in the coming years with a number of companies falling out of the game, according to a reportreleased Monday by ForresterResearch "Those sites developing in-house...

Pointing to e-commerce as "critical" to the success of the U.S. economy, lawmakers introduced a resolution in both chambers of Congress Thursday calling on the Bush administration to make the growth of digital trade a top priority on its agenda The bipartisan measure, sponsored in the Senate by Sen. John McCain (R-Arizona) and Sen. Joseph Lieberman...

While product returns are set to cost Internet retailers an estimated US$3.2 billion in 2001, online merchants could "drastically" slash the figure by implementing automated Web-based return systems, according to a report released Wednesday by Gartner The research group said e-tailers can save up to 73 percent of the return processing costs, in par...

The Internet sector in four chief Asia-Pacific economies is undergoing a "major reformation," according to a report released Wednesday by the Yankee Group In its latest regional review of the e-business market in India, Indonesia,Australia and New Zealand, Yankee found that a host of Asian regulatorshave begun taking steps to open up their telecom ...

In a bid to further expand its e-commerce offerings, the Netscape NetbusinessMarketplace announced Tuesday that it has struck a deal withTravelocity.com (Nasdaq: TVLY) to sell airline tickets, hotel bookings and car rentalreservations The Netbusiness Marketplace, which is a joint venture by AOL Time Warner (NYSE: AOL) and onlinebusiness-to-business...

Looking to tap the digital music subscription market, personalized software maker MusicMatch announced Monday that it is starting a fee-driven online radio service that will serve as a springboard for the launch of song-selling initiatives in the coming months The San Diego, California-based company said the new streaming service, dubbed Radio MX, ...

Looking to extend its reach to a new audience of potential customers, eBay (Nasdaq: EBAY) announced Friday that it has launched a new service to allow newspaper readers to search their local print edition for items posted on the Internet auction heavyweight's site. As part of the program, sellers who have placed goods on the online auction block a...

Hit hard by a precipitous drop in sales, beleaguered Internet retailer Buy.com (Nasdaq: BUYX) reported Wednesday thatits first-quarter revenue plummeted 40 percent from the year-ago period andwarned that its second-quarter revenue would see an even deeper decline The Aliso Viejo, California-based company said it was concentrating onslashing its los...

Buoyed by a bounce in its current economic climate, Koreanbusiness-to-consumer (B2C) e-commerce will remain "robust" in the comingyears, according to a report released Wednesday by the Yankee Group As South Korea continues to rebound from the 1997 economic crisis, the studysaid that a number of factors are leading South Koreans to ramp up their onl...

Flying high on strong sales, online travel site Expedia.com (Nasdaq: EXPE) said Mondaythat it posted its first-ever profitable quarter more than a year ahead ofschedule, and projected that income for the next fiscal year would beat WallStreet estimates "This was a breakthrough quarter for Expedia," company president andchief executive officer Richa...

Driven by a number of consolidation efforts, online book vendor Barnesandnoble.com (Nasdaq: BNBN) announced Thursday that it narrowly beat Wall Street estimates and trimmed its losses for the firstquarter The e-tailer, which is majority owned by brick-and-mortar namesakeBarnes & Noble and German media giant Bertelsmann AG, said that it achieved the...

Online used car retailer iMotors.com hit a dead end Wednesday, announcing that it has shuttered its operations "due to a lack of sufficient capital to continue to grow the business." According to a note posted on its Web site, the San Francisco,California-based company said that it will issue "prompt" refunds to customers who had placed deposits. i...