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Internet liquidator Overstock.com on Tuesday launched a new business-to-business (B2B) site, OverstockB2B.com, aimed at helping small business owners buy liquidated merchandise at deep discounts. Gartner senior research analyst Gale Daikoku told the E-Commerce Times that OverstockB2B would help ...
In e-commerce today, one company is clearly the king of the online auction hill. And according to experts, it will be difficult, if not impossible, for rivals to stage a coup d'eBay. Rosalinda Baldwin, editor of The Auction Guild, told the E-Commerce Times that eBay could face challenges from ot...
The U.S. Federal Trade Commission (FTC) announced Monday that it has filed charges against an Internet company which, by promising to pay customer Internet access fees, allegedly conned consumers into paying membership charges and turning over personal information. The charges, filed in U.S. fede...
Consumers spent US$3.9 billion online in May -- a 9 percent decrease from the $4.3 billion racked up in Internet sales in April -- according to data released Monday by Forrester Research and Greenfield Online. Forrester research director James McQuivey hesitated to label the sales decrease as a ...
Buying a piece of fame online is easy because thousands of online celebrity auctions fill the pages of such Web auction sites as Yahoo! and eBay every day. Understanding the factors that motivate sellers and buyers of celebrity mementos, however, takes some study. For example, Elvis Presley migh...
Stricter laws are needed to protect Internet auction users from spammers who harvest e-mail addresses from auction sites, an eBay executive told U.S. lawmakers at a House subcommittee on crime hearing on cybercrime Thursday. "It is worth noting that some forms of cybercrime could be reduced if Co...
Priceline.com has been working hard to improve its customer service and find the right product mix, but analysts still disagree about whether the "name-your-own-price" e-tailer has a business model that will succeed. "I don't believe Priceline has a long-term business model," Jupiter Media Metrix...
Although online credit card fraud is not a myth, its frequency has been greatly exaggerated, according to a survey released Wednesday by Jupiter Media Metrix. The report said that the attention focused on online security incidents has led consumers to believe that fraud is approximately 12 times ...
Cybercrime fighters are scheduled to continue lobbying U.S. Congress on Thursday for more money and power to combat hackers, con artists and other cyber crooks. "No one knows the full extent of the fraud being committed on the Internet," Thomas T. Kubic, deputy assistant director for the U.S. F...
While U.S. lawmakers have failed to stop the flood of unsolicited commercial e-mail -- otherwise known as spam -- clogging e-mail boxes across the nation, many savvy netizens are turning to SpamCop.net, a tool that helps consumers filter out spam and report spammers to their Internet service prov...
Electronics e-tailer X10.com leapfrogged over Amazon.com and eBay in the May rankings of the Top 50 most visited Web sites, according to a report released Wednesday by Jupiter Media Metrix. Driven by a "pop-up" and "pop-under" ad strategy that accounted for 95 percent of its traffic, X10.com move...
Duet, the online music venture backed by Sony Music Entertainment and Universal Music Group (UMG), has been renamed Pressplay, the companies said Monday. Webnoize analyst Joel Karp told the E-Commerce Times that the renaming, as well as the appointment of two UMG executives to run Pressplay, coul...
The European Commission (EC) is investigating potential anti-competitive aspects of two major new online music ventures, Duet and MusicNet, an EC official said Monday. Speaking at the third European Union (EU) Competition Day, EC competition minister Mario Monti said that the EC is investigating ...
Broadbacn Internet service provider Excite@Home announced Monday that it has raised US$100 million through the sale of five-year convertible secured notes. Purchasers of the notes, which bear no interest, can convert them at any time into Excite@Home Series A common stock at $4.38, a 10 percent ...
Thursday, the Washington State Supreme Court unanimously overturned a lower court ruling that had struck down the state's anti-spam law. The high court ruled that the only burden the law places on spammers is the requirement of truthfulness -- which in fact does not burden interstate commerce, b...
Automakers hoping to leverage the power of the Internet to generate new car sales need to concentrate less on online selling and more on building brand awareness, according to a report released Thursday by Jupiter Media Metrix. "Given that most consumers will ultimately purchase an automobile of...
In a world where Internet-only players are flying off the screen at an alarming pace, Amazon.com is likely to succeed where other pure-plays have failed, analysts from Jupiter Media Metrix told the E-Commerce Times. The e-tail giant itself said this week that it is on track to deliver pro forma ...
eBay announced Wednesday that it has signed a multiyear marketing agreement with Spanish Internet giant Terra Lycos. The deal calls for eBay auctions to be integrated into the Lycos auctions site and will make eBay a featured advertiser on the Lycos network. "eBay is trying to make itself as ubiq...
Because WhatsHotNow.com (WHN) abruptly closed its e-commerce services division, the e-tail operations of a number of TV Web sites, including Comedy Central, NBC and TV Guide, have had to shut down this week. "[WHN] said they were negotiating an acquisition, and if that didn't happen they would h...
American Express launched a new company Tuesday, dubbed Workadia, which is aimed at capturing a share of the corporate portal market. Workadia will provide businesses with customizable browser-accessed portals that employees can use to access a company-selected menu of services, including such...
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