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In an effort to build consumer confidence in e-commerce, the U.S. Better Business Bureau (BBB) and two leading European business organizations announced Monday that they are developing a "trustmark" program to provide international standards for Internet transactions. The project is being undert...

Three advertising industry giants announced Thursday that they have agreed to jointly establish an electronic marketplace for buyers and sellers to conduct their media business dealings. Slated for a formal launch during the second quarter of this year, the new firm is being formed by the Interpu...

In an effort to crack down on data-mining firms that obtain personal information from consumers through fraud, the U.S. Federal Trade Commission (FTC) announced Wednesday it had filed suit against three firms that it alleged unlawfully obtained and sold confidential financial data. The agency, w...

Online book vendor Barnesandnoble.com (Nasdaq: BNBN) announced Tuesday that it is expecting first-quarter sales to climb to US$109 million, a 23 percent spike from the year-ago period. The company said it was able to achieve the increase by keeping its promotional offers -- such as free shipping a...

Although the vast majority of Canadian officials view the Internet as a critical channel for the delivery of services to the public, the online arms of many agencies are failing to create a "seamless" e-government network, according to a report released Tuesday by Forrester Research. Spurred by a...

Consumer electronics e-tailer Outpost.com announced late Friday that it has pink-slipped 110 employees, or 30 percent of its workforce, and appointed a new top executive to sharpen its business objectives. Outpost founder and chairman Darryl Peck was named president and chief executive officer, ...

In a bid to weather the harsh stock market climate that is currently battering online brokerage houses, Ameritrade announced Thursday that it is slashing its advertising budget by roughly 25 percent and pink-slipping between 270 to 300 workers, or 14 percent of its payroll. The Omaha, Nebraska-b...

Businesses in Latin America are beginning to tap their e-commerce potential, according to data released Wednesday by the Yankee Group. The report, "Latin America's E-Builders," found that corporations throughout the region are investing an average US$1.2 million per project for Web development an...

In a bid to strengthen its international foothold, Yahoo! announced Tuesday that it has completed the acquisition of Australian online auction house Sold.com.au. Yahoo!, which is scheduled to report first-quarter earnings after the stock markets close Wednesday, did not reveal the purchase price...

Although the current energy crunch has caused prices to surge and spurred a complex web of new laws and regulations, a report released Tuesday by Forrester Research found that online energy trading in wholesale markets continues to make "rapid growth," mushrooming 750 percent from 1999 to 2000. ...

Providing a welcome dose of good news amid a flurry of dire earnings forecasts, e-tail giant Amazon.com said Monday that it would post a narrower-than-expected loss for the first quarter due to surging electronic sales. The Seattle, Washington-based online bellwether reported that it would post ...

Agilent Technologies (NYSE: A) plunged US$5.23 to $25.39 in morning trading Friday after the company said that orders from major customers had dropped "dramatically" in the last six weeks and warned that it will not meet its second-quarter estimates. The Palo Alto, California-based network techn...

Sycamore Networks (Nasdaq: SCMR) fell US$2.16 to $6.91 in early trading Friday on news that the company's third-quarter revenue and earnings will miss targets after a sudden drop in customer demand. "Due to market conditions, it is necessary that the company reduce a portion of its operating expens...

Tellabs (Nasdaq: TLAB) plummeted US$7.87 to $32.88 early Friday after the telecommunications equipment maker slashed its first-quarter earnings projections for the second time in a month. The Lisle, Illinois-based firm said it was forced to revise its guidance as a result of reduced or delayed spen...

Systems management software company BMC Software (NYSE: BMC) was up US$1.05 to $24.35 in Friday morning trading, after reporting that its fourth-quarter profit would meet Wall Street estimates. The Houston, Texas-based firm also announced that it was cutting 6 percent of its workforce, or roughly ...

With the initial public offering (IPO) market continuing to languish, a report released Wednesday by IDC advises venture capitalists that the current economic climate makes it more important than ever to maximize the attention they provide to each firm in their portfolio. "For venture capitalis...

Although many government bodies are taking steps to implement online services, a report released Tuesday by consulting firm Accenture concludes they still have "a long way to go." The study, "Rhetoric vs. Reality - Closing the Gap," found that only in rare cases can businesses conduct transaction...

Under pressure brought on by the softening online advertising market, Internet powerhouse Yahoo! announced Monday that it will start offering premium financial services and content for a monthly fee. According to the Santa Clara, California-based company, the new service will stream unlimited ...

Internet powerhouse eBay is gearing up to move beyond its auction listings base with an e-commerce hosting service, according to a report published Monday in an industry journal. The new venture, which would be rolled out within several months, reportedly would allow businesses to set up branded fi...

Further solidifying its international foothold in the online auction market, Internet giant announced Thursday that it has launched new Web sites in Ireland, New Zealand and Switzerland. According to the San Jose, California-based company, the expansions will enable it to penetrate regional mark...