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Many years from now, when stock analysts reflect upon the history of the first dot-com boom and subsequent shakeout, how will it look? Will the first wave of Nasdaq casualties have paved the way for even better gains and success stories later? Or will it simply be known as the beginning of the en...
Cheap Tickets, which sells travel tickets through retail outlets, over the Internet and by phone, reported a profit Thursday for the tenth consecutive quarter, announcing diluted net income for the second quarter ended June 30th of 5 U.S. cents per share. However, the quarter did not provide a ...
Steady improvements to customer service and the product mix at Priceline.com have given the "name your price" online travel broker the first profitable quarter in the company's history and a victory over Wall Street estimates, the company said Tuesday. Priceline's pro forma net income for the sec...
As one of the Internet's largest providers of hardware and software, Sun Microsystems helps customers "dot-com" their enterprises and computer environments. Since the company's inception in 1982, the four-person startup has built up a workforce of more than 37,000 employees in 170 countries, and ...
As one of the Internet's largest providers of hardware and software, Sun Microsystems helps customers "dot-com" their enterprises and computer environments. Since the company's inception in 1982, the four-person startup has built up a workforce of more than 37,000 employees in 170 countries, and ...
IBM said Thursday it is now offering over 30 new Web hosting packages aimed primarily at the small-to-medium business market. The fully-managed programs provide pre-packaged, ready-to-operate services for both e-commerce security and infrastructure, the company said. "We're making these (packages...
Aiming to expand its business with other travel suppliers, Expedia.com announced Wednesday that it has launched the Worldwide Travel Exchange (WWTE), a private booking operation that will provide wholesale travel services. At the outset, WWTE will offer travel suppliers hotel and car rentals, wi...
Drugstore.com on Tuesday reported a narrower than expected loss for the second quarter of 2001 to beat Wall Street estimates by 6 U.S. cents. The company posted a pro forma net loss in the latest quarter of $16.8 million, or 25 cents per share, excluding one-time charges. "Their marketing expense...
Online merchant Amazon.com continued making strides towards profitability -- pro forma profitability at least -- with the announcement Monday that the company beat Wall Street estimates for the second quarter ended June 30th by 6 U.S. cents per share. Amazon and America Online also announced Mond...
Once again, eBay posted substantially higher earnings per share (EPS) than analysts had predicted, announcing Thursday that net income for its second quarter 2001 was US$180.9 million, or 12 cents per diluted share. The earnings beat analyst predictions by 3 cents. In addition, eBay raised both i...
Online business-to-consumer (B2C) e-commerce will continue its struggle to take hold in Central Europe, while business-to-business (B2B) e-commerce will see a much more robust growth in the region, the European branch of research firm IDC told the E-Commerce Times on Wednesday. According to a ne...
In an effort to stay focused on selling its core technology products, Egghead.com is handing over the reins to the auction portion of its online electronics store. Egghead will now pay dynamic pricing services provider FairMarket, which has lost several major clients over the past few months, inc...
Remember when e-commerce used to be about the technology? Never mind profitability ratios or shakeouts. In the beginning, it was all about the high-tech novelty of shopping online, the excitement of the "never before." Isn't that why we started paying attention in the first place? But the first...
Online payment service PayPal is at the center of two controversies, including a new lawsuit filed by NoBidding, the owner of auction site Bidville.com. The lawsuit accuses PayPal of reneging on an agreement made in December to provide Bidville -- formerly known as AuxPal -- with its payment serv...
Despite a net loss of 9 U.S. cents per share over the second quarter of 2001, Yahoo! gained a minor victory in front of Wall Street on Wednesday, with the announcement that its pro-forma net income for the quarter was a penny per share. "There is no single event that will transform this company,"...
Online auto classifieds site AutoTrader.com said Tuesday that it has inked a deal to host the used automobile search platform of FordDirect.com, the Internet venture of participating Ford dealers and Ford Motor Company. Under the new alliance, FordDirect car dealers will now have their used car i...
Analysts disagree on whether Monday's announcement by CBS MarketWatch -- that the financial Web site will stop providing its clients with click-through rate information in its advertising reports -- will cause the e-commerce industry to break free of the click-through status quo. Yankee Group analy...
It is not likely that the founders of the Internet ever imagined all their hard work would lead to an online bidding war for bullet casings from the set of "Mission Impossible 2." However, thanks to a live TV and Internet auction being put on by cable channel American Movie Classics (AMC) and Ib...
A controversial free shipping offer that generated significant customer backlash has been pulled by Amazon.com after two weeks. The offer, which promised visitors free shipping when they bought two or more items, in any combination, from the e-tailer's book, music, DVD or video stores, was part o...
The self-proclaimed "Saint of E-Commerce," a 19-year-old Welsh teenage hacker named Raphael Gray, was sentenced Friday in a Wales court to three years of psychiatric and community service rehabilitation for posting the hacked credit card details of thousands of people to the Web, according to rep...
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