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Roughly 70 percent of large firms will fall prey to a handful of "significant business traps" -- including the fumbling of e-commerce opportunities -- that will hamper growth and perhaps destroy entire companies, predicted a report released Tuesday by GartnerG2, a new research service of Gartner ...

While many e-tailers have scaled back on promotional offerings such as free shipping in recent months to cut costs, a study released Monday by Jupiter Media Metrix said that the return of paid shipping is driving away Web shoppers. "As profitability becomes increasingly important, it is perfectly...

While many e-tailers have scaled back on promotional offerings such as free shipping in recent months to cut costs, a study released Monday by Jupiter Media Metrix said that the return of paid shipping is driving away Web shoppers. "As profitability becomes increasingly important, it is perfectly...

While many e-tailers have scaled back on promotional offerings such as free shipping in recent months to cut costs, a study released Monday by Jupiter Media Metrix said that the return of paid shipping is driving away Web shoppers. "As profitability becomes increasingly important, it is perfectly...

Echoing the success U.S. online travel companies have enjoyed, data released Thursday by Jupiter MMXI said that European travel Web sites are also seeing a surging demand for their services. According to the research firm, the number of consumers visiting travel sites in Europe spiked by almost ...

European e-commerce is being hampered by a combination of inflexible payment schemes, strict governmental mandates, and small-scale business models, according to a study released Wednesday by Forrester Research. "Cultural differences matter, but payment issues, regulations and domestic market siz...

In a deal that could help speed its expansion into Asian markets, Priceline.com announced Tuesday that two Hong Kong conglomerates have agreed to buy an additional 25 million shares in the company from the Priceline founder Jay Walker and his trust. Hutchison Whampoa Limited and Cheung Kong (Hold...

Countering a flurry of reports that predicted sluggish returns for companies participating in e-marketplaces, a study released Monday by the Aberdeen Group found that online purchasing can provide real benefits to the business-to-business (B2B) firms that embrace it. "Enterprises using e-procur...

Online retailers are failing to tap into the highly lucrative gift sales market by wasting resources on shopping tools and services that are of little interest to potential buyers, according to a study released Monday by Forrester Research. As part of its report on "The Hidden Value in Gift Sales,"...

Priceline.com announced Thursday that it is launching a resort getaway service that it claims will save travelers up to 40 percent off typical rates. The Norwalk, Connecticut-based company said it was able to introduce new category, which follows its name-your-own-price operating model, by buildin...

Businesses around the world that have established Web sites can expect to see the proportion of revenue they receive from Internet-generated sales to double in 2001 from 2000, according to data released Thursday by IDC. "The value of sales influenced by the Internet is growing," said the Framingh...

Citing the "changing dynamics in the Internet advertising market and the overall economy," online financial news outlet CBSMarketwatch.com announced Wednesday that it is slashing its workforce by more than 15 percent as a cost reduction measure. The San Francisco, California-based content provid...

Not content to rest on its laurels as one of the true e-commerce success stories, auction giant eBay plans to launch a storefronts program in coming months, chief executive officer Meg Whitman told investors Friday. Whitman also told shareholders at eBay's annual meeting in San Jose, California...

Capping a week of restructuring initiatives, BlueLight.com said Thursday that chief executive officer Mark H. Goldstein has stepped down from his post at the online affiliate of retail giant Kmart. "The next chapter for BlueLight is about further optimizing Kmart economics, not focusing on indep...

Online business-to-business (B2B) sellers need to provide more comprehensive services in order to cement customer loyalty, boost revenue and create value for B2B e-commerce, a study released Thursday by Jupiter Media Metrix found. "Closer working relationships will bring new efficiencies that wil...

Although online business-to-business (B2B) transactions currently account for a strong majority of all e-commerce revenue, a report issued Wednesday by Jupiter Media Metrix forecast that an increasing number of firms plan to use private trading networks (PTNs) for collaboration rather than sales ...

In a bid to diversify its revenue streams and increase its customer base, Internet brokerage E*Trade announced Monday that it has inked a deal to acquire rival online broker Web Street for US$45 million in stock. The purchase includes all of Web Street's 34,000 active accounts as well as its phys...

A projected shift in online user demographics in the coming years will likely fuel an even greater boom for the online travel sector, according to data released Thursday by IDC. One of the sector's key drivers will be an explosion in the population with the "time and funds to travel," the firm s...

Oracle (Nasdaq: ORCL) gained 47 U.S. cents to $16.40, after a company executive said Oracle is standing by its targets for flat fourth-quarter earnings. Speaking to reporters in Sydney, chief financial officer Jeff Henley reportedly said that the software giant was going to try to achieve earnings...

Dodging the economic bullet that has hit many of its rivals, Ciena (Nasdaq: CIEN) advanced US$3.46 to $58.90 in early trading Thursday, after the company reported that its second-quarter profit climbed more than 19 percent to top analyst forecasts. The Linthicum, Maryland-based company attribute...