U.S. Customs agents report that American companies are losing $200 billion (US$) each year to piracy over the Internet, and that the problem is expected to dwarf every other type of crime in the new millennium ...
Santa-Clara, California-based Intel Corp. has furthered its move into the e-commerce equipment market by purchasing privately-held IPivot for $500 million (US$) in cash. This acquisition is the third Internet commerce equipment purchase for the chip giant over the past three years ...
According to a recent study by the Annals of Internal Medicine, high drug prices and low accountability are pervasive on Internet pharmacy sites. The report was slated for the December 1999 issue, but editor Dr. Frank Davidoff felt that the study's public health implications warranted an early release ...
Retail powerhouse Wal-Mart Stores, Inc. (NYSE:WMT) has taken direct aim at eToys and Amazon.com by focusing its redesigned Web site on toys, books and consumer electronics ...
A recent two-month summer study by Grainger Consulting Services, a division of W.W. Grainger, Inc. (NYSE: GWW) confirms that e-commerce procurement is a significant benefit to both buyer and seller. The study shows that buyers who made investments to acquire and implement e-procurement methods averaged a return on their investment of between 245 and 400 percent, while sellers showed gains of 10 to 15 percent. Sellers did, however, receive the additional average benefit of a 300 percent increase in sales...
Winstar Communications, Inc., has announced the launch of Office.com, an online business service and product site for small and medium-sized companies ...
Tokyo-based Sega Enterprises announced yesterday that it has forged an agreement with brokerage firm Nomura to add share trading to its roster of online games. The announcement is Sega's latest attempt to bring e-commerce onto its cheap Internet access platform ...
Foundry Networks, Inc. surprised Wall Street yesterday by closing up 525 percent and grabbing the number two spot for all-time first day IPO percentage gainers. The Sunnyvale, California-based company produces switches that make the Internet and e-commerce more efficient ...