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By the end of 2002, more than 600 million people worldwide will have access to the Web, and they will spend more than US$1 trillion shopping online, according to a study by research firm IDC. "Once people get over the security and privacy hiccups, as well as other problems that are not directly r...
A U.S. Department of Commerce survey has found that more than half the nation's population is now connected to the Internet. In addition, 39 percent of Internet users are making purchases online. Web banking also is on the rise, according to the study. "As the economy strengthens, online buying w...
They may be bitter rivals in some ways, but Microsoft, IBM, Intel, Oracle and a host of other tech companies have agreed to cooperate -- at least until they can come up with a set of open standards to ensure Web services compatibility. "The situation was pretty messed up before. Standards were be...
Some online shoppers will do anything for a deal, and some will gladly pay extra for convenience. The trick for an e-tailer is to find a perfect balance between the two. A recent survey by GartnerG2 found that 79 percent of online shoppers value convenience, but just 32 percent think price is imp...
Like the St. Louis Rams, HotJobs, Monster.com and E*Trade were edged out in Super Bowl XXXVI as AT&T Wireless' mLife joined the New England Patriots in the winner's circle. According to a survey by Jupiter Media Metrix, AT&T cashed in on its ad campaign to promote its new mLife wireless b...
Like the St. Louis Rams, HotJobs, Monster.com and E*Trade were edged out in Super Bowl XXXVI as AT&T Wireless' mLife joined the New England Patriots in the winner's circle. According to a survey by Jupiter Media Metrix, AT&T cashed in on its ad campaign to promote its new mLife wireless b...
Like the St. Louis Rams, HotJobs, Monster.com and E*Trade were edged out in Super Bowl XXXVI as AT&T Wireless' mLife joined the New England Patriots in the winner's circle. According to a survey by Jupiter Media Metrix, AT&T cashed in on its ad campaign to promote its new mLife wireless b...
With online payment company PayPal set for its IPO, analysts are optimistic about the company's prospects. "The signs are there that they will continue to be successful," Gartner analyst Avivah Litan told the E-Commerce Times. Litan expects the IPO to be strong, but not show "the wild kind of suc...
Name-your-own-price e-tailer Priceline.com and online auction giant EBay have inked a deal that calls for Priceline to offer its travel booking engine on EBay. "It's completely sensible for EBay to partner with Priceline because EBay is all about auctions and value, and Priceline is also about au...
According to a new study by GartnerG2, online shoppers who want to download and watch movies over the Internet will have to wait until 2005 for the technology to hit the mainstream. "The biggest threat to any Internet video-on-demand service is to compete with free, and the sources of free will b...
I have seen the studies. I know that fraud is more prevalent online and that many people are wary of giving their credit card information to Internet merchants, but credit cards still seem like the best and most convenient option. With online payment systems, you must not only register and open a...
In a clear signal that online travel is on the mend, Expedia reported much stronger than expected earnings for the fourth quarter, with net income of US$5 million. Expedia chief financial officer Greg Stanger said the company expects to remain profitable in 2002. "In the events post-September 11t...
Beyond.com, which provides e-commerce software to online merchants and the U.S. government, has filed for Chapter 11 bankruptcy and agreed to sell its assets and client contracts to e-commerce outsourcing company Digital River. Digital River CEO Joel Ronning told the E-Commerce Times that synergie...
Yahoo! has announced the launch of a fee-based document search service in cooperation with Divine. While still offering a free search feature, Yahoo! apparently recognizes the earnings potential of at least one of its specialized services. "It's definitely a step in the right direction for Yahoo!...
IBM and VeriSign are teaming up to boost e-commerce security by developing new products and services for their big-business customers. IBM will supply the software and infrastructure, and VeriSign will contribute its expertise in Web identity, authentication and online payment. "If IBM plans on of...
Shoppers who make a purchase on BestBuy.com will encounter a new payment engine designed to speed the sales process and minimize fraud. Gartner analyst Avivah Litan told the E-Commerce Times that Best Buy falls "into the category of a site that is highly prone to fraud attacks because of the natu...
E-tailers took the first three spots on the latest list of the top 10 fastest-growing sites, according to a new report released by Jupiter Media Metrix for the month of December. The research firm also reported that Internet malls widened their audience reach in December more than any other type ...
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