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Amazon.com is still on track to deliver pro forma profitability in the fourth quarter of this year and expects to be profitable on the same basis for all of 2002, the company said Tuesday. "While there can never be guarantees, you will hear from us that we are highly confident about our ability t...

Delivery e-tailer Webvan started a same-day service for some of its Seattle, Washington customers Tuesday. The company said it will test same-day delivery in the Seattle market and then evaluate expanding the service to the other markets it serves. "A number of our customers requested this servi...

A sister enterprise of United Airlines announced Monday that it has signed an agreement to acquire Internet loyalty site MyPoints.com in a cash deal valued at approximately US$112.5 million. United NewVentures, which manages United Airlines' Internet initiatives and investments, said it would ...

More than a year after first being announced, controversial travel mega-site Orbitz officially launched Monday. Chicago-based Orbitz said that at launch, it already had 175,000 registered users and had sold US$3.5 million in tickets. In addition to airfare, Orbitz offers consumers hotel and rent...

Covisint, the business-to-business (B2B) automotive e-marketplace backed by the major car companies, is taking longer than expected to ramp up -- and experts agree that the delays could mean that Covisint will not be the driving force it had hoped to be. Covisint is moving "slower than they shoul...

Office Depot's purchase of e-tailer Officesupplies.com is the first such purchase for the company, which has been expanding its online and offline presence.

CSFBdirect.com, the online brokerage service of Credit Suisse First Boston, announced Thursday that it was eliminating 180 positions, or 14 percent of its domestic employees, due to a downturn in online trading activity. This is the second major round of job cuts for CSFBdirect within three mont...

Government agencies, fighting red tape, have not embraced e-procurement as rapidly as their private counterparts, according to a report released Thursday by Jupiter Media Metrix. The study found that despite the best efforts of the Clinton administration to promote e-procurement, 1 percent of go...

Within the next few weeks, the U.S. Department of Commerce, in partnership with IBM (NYSE: IBM), is scheduled to launch a new business-to-business (B2B) e-marketplace to help U.S. sellers hook up with foreign buyers. Dubbed BuyUSA.com, the new marketplace will particularly help small and mid-si...

After a lengthy investigation into the privacy policies of Web information provider Alexa, a subsidiary of Amazon.com, the U.S. Federal Trade Commission (FTC) has declined to take action against the company, Alexa said Tuesday. The FTC launched its investigation of Alexa in March 2000 to determin...

After setting a record in April, the number of dot-com job cuts fell by 24 percent in May, according to a report released Tuesday by Chicago, Illinois-based outplacement firm Challenger, Gray & Christmas (CGC). John A. Challenger, chief executive officer of CGC, told the E-Commerce Times ...

The U.S. government sold more than US$3.6 billion via e-commerce in 2000, topping the $2.8 billion in online sales seen by e-tail giant Amazon, according to a study released Sunday by the Pew Internet & American Life Project and Federal Computer Week. "It is a natural evolution for the gov...

E-shoppers remain a forgiving lot when it comes to e-tail outages, according to analysts, if those interludes are not too frequent. "As long as outages are not consistent and persistent, e-tailers should be okay," Forrester Research analyst Christopher Kelley told the E-Commerce Times. Kelley ad...

Most small businesses in Australia are "barely active" in e-commerce because they are not fully convinced of its benefits, according to a new report from the Australian arm of IDC. The market research firm said that 56 percent of small businesses surveyed currently have no Internet-related reven...

BlueLight.com announced Wednesday that it is paring its staff and planning to rely more heavily on the resources of its majority investor, Kmart Corporation. BlueLight said the strategic actions were designed to improve the e-tailer's overall efficiencies and accelerate its "march towards profit...

Criminal charges have been brought against approximately 90 individuals and companies as part of a nationwide crackdown on online fraud schemes that victimized over 56,000 people, the U.S. Department of Justice and the Federal Bureau of Investigation (FBI) said Wednesday. The schemes -- which inclu...

Plans are afoot for Kmart to buy the 40 percent of BlueLight.com it does not already own and end the e-tailer's stand-alone status, according to published reports. A report Tuesday at CBS Marketwatch said that the retail giant was close to an agreement to absorb BlueLight, which launched in Dec...

The Internet may offer a new channel for selling merchandise, but basic customer loyalty principles first developed in the real world are still central to making money online, according to many of the e-commerce leaders speaking Tuesday in Chicago at a retail forum hosted by Jupiter Media Metri...

Because software piracy and online fraud can cost companies millions in profits and lost goodwill -- and because government agencies do not have the resources to keep pace with cybercriminals -- many high-tech companies have formed their own investigative units to catch Internet con artists. Fo...

The future of e-commerce lies with multichannel retailers who leverage their Internet presence to enhance the real-world shopping experience, according to speakers Monday at a retail forum in Chicago hosted by Jupiter Media Metrix. "There is very limited room for Internet-only retailers," Jupi...