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Consumers are leery of online alternatives to traditional banking and will require an extra push from financial institutions to take their business online, according to a report released Tuesday by Deloitte Consulting The study of consumer habits in 10 countries found that two-thirds of consumers do not consider online services important and that a...
America Online (Nasdaq: AOL) said Wednesday it will launch a free portal aimed at helping millions of small businesses get online and use the Web for advertising, selling and gathering information Offered through AOL subsidiary Netscape, Netbusiness will be made available across a host of AOL-owned sites, including Netscape's Netcenter, AOL's WorkP...
Less than two weeks after financial woes forced Boo.com to shut down its operations, the online retailer announced Tuesday that it has sold its core technology assets to Internet services company Bright Station After Boo.com charged onto the Internet a year ago and then rapidly burned through its $135 million (US$) in financing, Bright Station was ...
Toysmart.com, the online toy retailer whose backers included the Walt Disney Company, announced Tuesday that it has closed its virtual doors after a long weekend of speculation The Toysmart site, which had posted a notice that it was closed for inventory on Monday, now displays a short thank you letter to its customers. Orders placed through May 19...
Holland-based Royal Ahold plucked beleaguered online grocer Peapod from the edge of bankruptcy Friday, pledging to buy 51 percent of the Skokie, Illinois-based firm. Peapod will remain a stand-alone company, while Ahold will supply goods and services, including the use of its network of warehouses and distribution centers The $73 million (US$) cash...
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