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Saying that its recent efforts to aggressively streamline expenses and boost sales are paying off, Internet postage firm Stamps.com reported Thursday that its net loss from continuing operations for the second quarter beat Wall Street estimates. "We have done a tremendous job of cutting costs ove...

The online securities industry has been "fundamentally altered" by the volatility that has rocked the markets for the past year, causing many Internet brokerages to retool their business models in order to survive the shift in trading dynamics and meet changing customer demands, according to a new s...

Although American consumers increasingly view themselves as the "first line of defense" in the fight to safeguard personal information online, firms conducting business on the Internet need to offer stronger privacy protections, according to a new study released Tuesday by the Privacy Leadership ...

The shutdown of long-struggling Webvan on Monday leaves several major U.S. areas without any online grocery service, as well as with no clear indication of how quickly the sector's remaining competitors will rush to fill in the gaps. In particular, large pockets of the South appear to have been ...

Brick-and-click retailer Office Depot announced Monday that is purchasing technology products vendor 4Sure.com and the businesses of its two online outlets, Computers4Sure.com and Solutions4Sure.com, for an undisclosed amount. Delray Beach, Florida-based Office Depot, which has taken a number of ...

Online travel company Expedia.com was slapped Thursday with another in what has become a series of class action lawsuits against the company alleging violations of federal securities laws. The latest complaint contends that Expedia, its president and chief executive officer Richard N. Barton, ch...

Defunct e-tailer eToys became the latest company that will have to face off against shareholders in court, as investors filed a class action lawsuit alleging that the former online toy seller's initial public offering (IPO) prospectus was "materially false and misleading." Specifically, the suit...

The U.S. Federal Trade Commission (FTC) announced Monday that Netpliance, which manufactures a low-cost Internet access and e-mail device, has agreed to settle charges that its sales and billing practices violated a host of federal laws. According to the agency, Netpliance employed deceptive adve...

Although many businesses have been curbing new technology purchases, the growing demand among consumers for Internet-based support options will help propel a strong spending cycle in the market for such services, according to a report released Friday by Gartner Dataquest. The report found that o...

Online auction sites racked up record revenues of US$556 million in May -- a 149 percent spike from their $223 million in sales in May 2000 -- according to a report released Thursday by Nielsen//NetRatings and Harris Interactive. The report found that more than 6.2 million consumers conducted onl...

Nine major European air carriers unveiled plans Tuesday to launch a new online travel service that will sell flights and related travel products to consumers. The joint venture, which has been named Opodo, is backed by the consortium of Aer Lingus, Air France, Alitalia, Austrian Airlines, British...

In a bid to tap small but lucrative business markets, Amazon.com announced Monday that it is launching a software licensing unit that it says will enable customers to save up to 20 percent off full retail pricing. According to the e-tail giant, the venture will also enable business owners to redu...

As online brokerage houses struggle with slumping trading volumes that have bottomed their bottom lines, data released Thursday by IDC found that the key to the sector's future success lies in tailoring products to meet the needs of a diverse customer base. "Simply becoming the one-stop purveyor...

In order to steer long-term revenue growth, businesses need to begin using the Internet to move all of their company operations as close as possible to customers and suppliers, or risk being edged out of the game by competitors, according to a report released Wednesday by GartnerG2. To this end,...

Internet apparel and home furnishings retailer Bluefly.com announced Tuesday that it is slashing 32 jobs, or approximately 34 percent of its workforce, in a bid to reach profitability, improve efficiency and diminish the need for additional capital. The e-tailer also said it is implementing simil...

Firing the latest salvo in the battle over online gambling, the state of New Jersey announced Monday that it has filed lawsuits against three offshore Internet casinos for allegedly accepting illegal bets from New Jersey residents. State Attorney General John J. Farmer, Jr. said the civil cases w...

Although price, service and convenience are prime considerations for online business-to-business (B2B) purchasers of chemicals, the promise of a brand name is a more significant force driving buyer decisions, according to a new study released Monday by Accenture. As part of its survey of over 200...

The projected boom in the online population over the next few years presents e-tailers with an "enormous opportunity" to win the loyalty of a whole new crop of consumers, according to data released Thursday by IDC. As a result, the research firm advised Internet sellers to "heed the homilies of t...

Television will become an important vehicle for e-commerce transactions in the coming years, according to a study released Thursday by Jupiter Media Metrix. The research firm said that the majority of TV-driven buying will soon be transacted via interactive television (iTV) shopping programs, wi...

America Online and General Motors announced Wednesday that they are extending a marketing and advertising alliance to push for the sale of the automaker giant's cars on the Internet. As part of the "multimillion dollar" agreement, the companies will continue to promote GM's full line of cars and...