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Yahoo! Sued for Auctioning Counterfeit Goods

Interactive entertainment heavyweights Sega America, Electronic Arts (Nasdaq:ERTS) and Nintendo of America have filed a joint lawsuit against Yahoo! in San Francisco federal court, alleging that illegal and counterfeit games are being auctioned on the site ...

Welsh Teens Arrested for E-Commerce Hack Attacks

The Federal Bureau of Investigation (FBI) announced Friday that two Welsh teenagers have been arrested for allegedly hacking into 11 e-commerce sites and stealing information on more than 26,000 credit card accounts. Losses in the case could exceed $3 million (US$) ...

The Dark Side of E-Commerce

While e-commerce has managed to make the world a smaller place, bring convenience and value to shoppers, and boost economic indicators into the stratosphere, it has also spawned a dark underbelly where drug abusers can purchase illegal substances with just a few clicks of the mouse ...

Yahoo!-eBay Merger Talks On Again

Just days after unsubstantiated rumors of a Yahoo!-eBay merger played havoc with investors, Financial Times writer William Lewis is reporting that the two Internet powerhouses are indeed pursuing a blockbuster deal ...

Yahoo! Targets eBay with Payment Service Acquisition

In an effort to consolidate its position in the hotly-contested online auction market, Internet powerhouse Yahoo! (Nasdaq:YHOO) announced Thursday that it has acquired e-commerce payment service provider Arthas.com, Inc ...

TV Cop Puts eBay on Trial

Victims of identity fraud got a high-profile spokesperson this week when veteran actor Jerry Orbach, best known as detective Lennie Briscoe on NBC's "Law and Order," sued online auctioneer eBay for posting his social security number on the Web ...

Study: Cybercrime Continues To Boom

Cybercrime is booming right along with e-commerce, according to a report released Wednesday by the Computer Security Institute ...

Peapod Slapped with Class Action Suit

Online grocer Peapod, Inc. (Nasdaq: PPOD), which recently lost its CEO and $120 million (US$) in funding, was slammed with a class action lawsuit Monday over claims that misleading statements artificially inflated the company's stock price ...

Spam Strikes Back

Do marketers have the right to flood the e-mail boxes of unsuspecting Internet users with unwanted e-mail, otherwise known as spam? One Washington state judge has effectively said yes -- and has sparked an instant debate about the constitutionality of laws that limit the use of spam ...

Consumer Reports Slams Online Auto Sales

According to venerable information resource Consumer Reports, auto sales over the Internet are fraught with pitfalls, problems and overhype ...

McDonald’s Takes a Small Bite of E-Commerce

McDonald's Corporation (Nasdaq:MCD) has taken a baby step into e-commerce by investing in San Francisco, California-based Food.com, a company that offers an online food takeout and delivery service ...

Ford To Shed Surplus on the Net

Number two auto manufacturer Ford Motor Company (NYSE: F) announced Thursday that it will partner with B2B auction site ZoneTrader.com to sell its surplus capital equipment at online auctions ...

New Products/Services Roundup

Hoping to offer one stop shopping for customers anxious to develop a Web presence, San Francisco, California-based Wells Fargo announced eStore Business Solutions, which will provide an end-to-end e-commerce solution for mid-sized (companies with revenues between $10 and $250 million US$) companies ...

Report: E-Mail Taking Hold as E-Commerce Tool

A survey released this week by Forrester Research, Inc. reports that e-tailers are now using electronic mail as a major means of generating repeat business from customers ...

Travelocity and Preview Travel Complete Merger

Online travel sites Travelocity.com (Nasdaq: TVLY) and Preview Travel (Nasdaq: PTVL) announced the completion of a merger today that reportedly creates the largest travel site on the Web and the third-largest e-commerce site overall ...

Hacker Attacks Dampening E-Commerce Enthusiasm

While new research by PricewaterhouseCoopers shows that low prices continue to lure U.S. shoppers to the Internet, data from @plan (APLN) indicates that U.S. consumers are taking security issues seriously enough to consider abandoning e-commerce for the safety of the real world ...

Chinese Commodities Giant Embraces B2B E-Commerce

China Commodity City, which has been appraised as the largest commodities market in China, has formed a partnership with Tianrong Internet Products and Services, Inc. (TIPS) to develop China Commodity City's global B2B e-commerce site, expand the English language portion of the company's current site, and upgrade the site's infrastructure to international B2B standards...

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