Is there life after Nasdaq? A number of e-commerce companies, in danger of seeing their
stocks delisted from the Nasdaq Composite Stock Index, are having to find out the hard
way. Eric Barnes, president and general manager of Capital Funds Group, a firm that helps
companies solve financial proble...
As e-tailer Amazon.com prepares to deliver on its promise of posting an operating profit
for the fourth quarter ended in December with its earnings report due January 22nd, analysts
are looking beyond the numbers, wondering if the company can start growing again. "They
have essentially promised (...
Retailers in Europe are not taking advantage of a growing market for television-based
commerce, according to a new study released by Gartner. The reason, according to Gartner G2 analyst
Davnet Cassidy, is that retailers "have not linked their interactive TV presence to TV
programming." The televi...
Internet powerhouse Yahoo! reported better-than-expected results for the quarter ended
in December, and said its long-time president, Jeff Mallett, will step down in
April. Revenue for the quarter fell to US$188.9 million from $310.9 million in the
same quarter last year and the net loss narrowed...
The market for online music is not doing as well as analysts at Jupiter Media Metrix had
thought six months ago. The research firm on Tuesday lowered its outlook for the
industry, citing a weak economy and delayed launches
of new subscription products. But there is still hope for the industry, sai...
While many households still lack Internet access because of price barriers,
others who can afford to go online at home are choosing not to for a variety
of reasons, including ready access to the Net at work, according to a new report from
the Yankee Group. "Historically, there has been a group of I...
Upping the e-commerce stakes in the competitive fast-food business, pizza chain
Papa John's said that it is making online ordering available at all its free-standing
restaurants across the United States. Papa John's said it is the first pizza chain in
the U.S. to offer online ordering throughout ...
AOL Time Warner lowered its earnings forecast for the quarter just ended and issued a
bleak outlook for the current year. Results will include a first-quarter charge of up to
US$60 billion to cover the declining value of Internet stocks since the media giant was
formed last year. AOL said the one...
Online brokerages need to broaden their product offerings, maintain links with the
brick-and-mortar world, and more effectively target their clients in order to make it
through the economic downturn unscathed, according to analysts. For those Internet brokerages
that continue to struggle, analyst...
Travelocity has lowered its outlook for fourth-quarter revenue, saying airline ticket
sales in December were slower than expected. The company said quarterly revenue will
total about US$68 million, about 9 percent below previous guidance -- but pro forma
earnings will remain within the previously...
Homestore.com, the dominant online real estate company, overstated revenue for the first
three quarters of last year, possibly by as much as US$95 million, according to
preliminary results of an internal audit of company accounting practices. Homestore said
that accounting errors involving online ...
E-tail giant Amazon.com and retail partner Toys "R" Us dominated the
online shopping arena during the 2000 holiday season, according to a report released by
Nielsen//NetRatings. The joint venture of Amazon and Toys 'R' Us saw 123 million visitors,
more than five times the traffic of its closest c...
Telecommunications provider SBC Communications will acquire a 3 percent stake in
Yahoo! by purchasing shares from Japanese investor Softbank, the companies said.
Softbank will continue to own more than 16 percent of Yahoo!, and will remain
the Internet company's largest shareholder. In a previous...
TMP Worldwide, parent of online jobs company Monster.com, said that it will not
raise its offer to buy rival job site HotJobs, clearing the way for a US$436 million
takeover by Yahoo. TMP said that it "has already offered HotJobs full and fair value for
the company, and that it would not be in th...
The number of visitors to Internet shopping sites for the week ended December 16th is
running 55 percent ahead of the same week last year, according to a study released by
Jupiter Media Metrix. "The late-season momentum of this year's online holiday traffic
suggests that this year's sales expecta...
The PC will not be successful as a hub for watching interactive video, and business
ventures based on selling movies over the Internet are destined to fizzle out before they
begin, according to a new Jupiter Media Metrix study. Jupiter analyst Lydia Loizides
told the E-Commerce Times that consume...
Further indicating that e-commerce is here to stay, a study released by Andersen
Consulting shows that Internet shopping and browsing are "directly influencing" consumer
spending in brick-and-mortar stores. "This holiday season, a Web site ceases to be a nice
addition or an experimental marketing...
Name-your-price e-tailer Priceline.com received a boost when America Online agreed to
feature the company's travel products on AOL's popular Web sites. Goldman Sachs analyst
Anthony Noto repeated a market outperform rating on Priceline shares, saying the
arrangement is likely "the first of severa...
Microsoft and Bank One announced a wide-ranging alliance to promote and develop online
services. As part of the agreement, Bank One plans to use a variety of Microsoft
offerings, including the nascent .NET technology. The pact focuses largely on marketing
tie-ins and providing online services to ...
Despite reports of hard times in the business-to-business (B2B) e-commerce sector,
executives remain confident about the outlook for online marketplaces, according to
a survey released by consulting firm Arthur Andersen. The survey, which builds
on the findings of a similar poll Andersen conducte...