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Expanded E-Commerce Management (ECM) Deployment
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February 1, 2000 *3,200 subscribers* Volume 2, Issue 2
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ECnow.com 2000 trends: Expanded E-Commerce Management (ECM) Deployment

CONTENT – ECMGT.COM E-COMMERCE NEWS

  • E-STRATEGIES & TRENDS
  • E-PRODUCTS
  • E-SERVICES
  • E-MARKETING
  • SUPPLY CHAIN
  • CONTENT, PORTALS & COMMUNITY
  • GOVERNANCE & GOING GLOBAL
  • PARTNERS & DEALS
  • MOVERS & SHAKERS

E-STRATEGIES & TRENDS NEWS
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ToC

  • Web Retailers Pressured on Profits

  • Security Concerns Keep Women from Shopping Online

  • Retailers May Miss Out On New Net Customers

  • Are Beyond.com's woes a sign of things to come?

  • Trouble Indemnity for Web Sites

  • Food: The Final E-Frontier

  • Couch Peddlers Love B-to-B, Too

  • E-tailers look for profits with Net-only products

  • Boo.com Trims its Bottom Line

  • Shoot First, Ask Questions Later

  • The Customer Information Backlash

  • Business-To-Business E-commerce To Soar

  • The Future of Retailing

  • Who's Afraid of the Big Bad Wal-Mart?

  • New year spells tough times for e-tailers

  • Failed Blackmail Attempt Leads to Credit Card Theft

  • E-Tailers Dodge Christmas Bullet

  • DoubleClick sued over privacy

  • Report: Healthcare E-Commerce to Hit $370 Billion by 2004

  • Study: Online Consumers Willing to Pay More for Food

----                   

Web Retailers Pressured on Profits
Wall Street is sounding a loud cry to e-retailers: Show us the money! Internet retailing stocks have been on a freefall recently, and analysts are steering clients away from the sector until there are signs that these companies are starting to reduce their losses.

Security Concerns Keep Women from Shopping Online
Concern about the safety of ordering online is the biggest stumbling block to more women shopping on the Net, according to a recent study from researcher Cyber Dialogue.

Retailers May Miss Out On New Net Customers
Bricks-and-mortar retailers slowly moving to the Internet need to hurry up, said a keynote speaker at the National Retail Federation 2000 conference on Monday.

Are Beyond.com's woes a sign of things to come?
Welcome to what may well be the "year of the shakeout" for online retailers.

Trouble Indemnity for Web Sites
It was inevitable: Insurance for e-commerce Web sites -- protection against loss from malicious crackers and unstable equipment -- is an acknowledgement that digital disasters can cause as much damage as any physical calamity.

Food: The Final E-Frontier
Messy, bulky and perishable, groceries aren't easy products to sell online. So it's no wonder the food business has lagged behind other industries in Internet sales. Industry types are looking to speed things up.

Couch Peddlers Love B-to-B, Too
For a while now, stores have been selling furniture online, even as the media scoffs at the very idea.

E-tailers look for profits with Net-only products
Taking a page from direct sales companies such as L.L. Bean and Dell Computer, a growing number of e-commerce firms are introducing products that consumers can only buy online.

Boo.com Trims its Bottom Line
Seventy editorial staff members fall victim to fashion site's post-Christmas "headcount reduction."

Shoot First, Ask Questions Later
The mad dash to create e-commerce sites is forcing prudent business practices out the window. Instead of testing first and then deploying, e-tailers are deploying first, then testing.

The Customer Information Backlash
Customers are tired of giving up their personal information only to have it used without their knowledge in ways that don't offer them any benefit. Smart companies are going to start giving customers their information back. All of it. In a format that lets customers share their information not only with you, but with your divisions -- even your competitors.

Business-To-Business E-commerce To Soar
Business-to-business e-commerce will show blistering growth in the coming years, with the worldwide market expected to expand to $7.29 trillion by 2004, more than 50 times larger than in 1999, a market research company said on Wednesday.

The Future of Retailing
The future of retailing will be in advanced showrooms without cash registers, without any turnover and without price tags. Retailers will become big entertainment centers - the "Disney Worlds" of shoes, cars, and so on.

Who's Afraid of the Big Bad Wal-Mart?
On January 1 Wal-Mart opened the latest version of its online store, and the consensus among the press and analysts was much the same: Be afraid, they wrote, be very afraid.

New year spells tough times for e-tailers
Despite booming holiday sales, Web retailers can't seem to get a break from Wall Street.

Failed Blackmail Attempt Leads to Credit Card Theft
In what may be the largest credit card heist on the Internet, an 18-year-old Russian cracker claims to have stolen thousands of credit card numbers from an online store and dispensed them to visitors of his Web site.

E-Tailers Dodge Christmas Bullet
The Toysrus.com almost-disaster at Christmas was important from a number of perspectives. It not only demonstrated that we are past the novelty phase of e-commerce, but also showed that how well an e-business is run can determine its success and failure.

Report: Women Enjoy E-Shopping Less Than Men
While women now comprise 49 percent of online users, they still lag behind men in online shopping, according to the latest American Internet User Survey published by customer relationship management firm Cyber Dialogue.

DoubleClick sued over privacy
The Web advertising company is accused of unlawfully obtaining and selling consumers' private personal information without their consent.

Report: Healthcare E-Commerce to Hit $370 Billion by 2004
A new research report estimates that the healthcare industry will reach $370 billion in online transactions by 2004.

Study: Online Consumers Willing to Pay More for Food
Convenience and quality, not price, are the major motivators for online grocery buyers, says a new study.

E-PRODUCTS NEWS
ToC

  • IBM hones B2B apps, message

  • AltaVista targets B2B e-commerce with new unit

  • NYToday.com to offer local dinner reservations

  • ICOMS To Outsource Fraud Screening

  • Mercury to launch load testing service

  • New E-Commerce Site Raises Bar on Competitiveness

  • Priceline kicks off "yard sale" site

----

IBM hones B2B apps, message 
IBM is about to plant a very large foot in the middle of the business-to-business e-commerce marketplace.

AltaVista targets B2B e-commerce with new unit
AltaVista is planning to launch a new business unit to sell the company's search technology to business-to-business e-commerce firms.

NYToday.com to offer local dinner reservations 
NYToday.com and OpenTable.com together plan to help New Yorkers pick a local restaurant, then reserve a table--direct from their desktops.

ICOMS To Outsource Fraud Screening
Internet Commerce Services is looking to help e-retailers take a bite out of crime. The company, which provides transaction processing and fulfillment services for companies on an outsourced basis, is teaming up with eHNC, the electronic commerce subsidiary of HNC Software, to add credit-card fraud detection to its services platform.

Mercury to launch load testing service
Load testing the performance of a new e-commerce site before it goes live will get a bit easier and less expensive with the advent of a new service from Mercury Interactive Corp.

New E-Commerce Site Raises Bar on Competitiveness
A new site called Nosaleisfinal.com that allows shoppers at both Internet and bricks and mortar stores to learn if they received the best deal in time to cancel or return a purchase and buy from a store offering a better deal.

Priceline kicks off "yard sale" site
Internet pricing firm Priceline.com said today it had launched an e-commerce Web site bringing together buyers and sellers of second-hand goods in a virtual yard sale.

E-SERVICES NEWS
ToC

  • Outsourcer offers one-touch service

  • UPS helps online grocers cart goods

  • Web Shoppers Vexed by Poor Customer Service, Survey

  • Future of E-Commerce May Rest on Customer Service

  • Glitch-free online shopping tips

  • Ladies And Gentlemen, Start Your ShopBots

  • Airlines' Ticket Comparison-Shop Site Cleared for Takeoff

  • Customer Service Goes Virtual

  • Online Customer Service Tough To Implement

  • Can Exchanges Put Energy Into E-Commerce?

  • E-Business Means E-Relationships

  • Tax Planning With ISOs

  • It's Not Big Brother, It's Customer Service

  • Outpost Leaves Data Unguarded

----          

Outsourcer offers one-touch service
Get the customer to click "buy" on your site and a new outsourcing firm backed by USWeb co-founder Joe Firmage says it will take care of the rest.

UPS helps online grocers cart goods
Roadnet Technologies, a subsidiary of United Parcel Service that concentrates on solving logistical problems associated with home delivery, will license hardware and software systems to online grocers to help provide their customers next-day or same-day delivery.

Web Shoppers Vexed by Poor Customer Service, Survey
The final week of holiday shopping proved the toughest for Internet retailers as consumer satisfaction evaporated after many so-called "e-tailers'' failed to provide adequate customer service, a recent survey found.

Future of E-Commerce May Rest on Customer Service
Now that the shopping has been done, the real fun starts. Returns, exchanges, gifts that didn't make it home for the holidays... It's time for e-tailers to flex their customer service muscle, and their future may very well depend on it.

Glitch-free online shopping tips
Holiday disappointments change consumer behavior

Ladies And Gentlemen, Start Your ShopBots
The artificial intelligence laboratory at the University of Michigan is organizing a competition to find a champion software-based shopping agent.

Airlines' Ticket Comparison-Shop Site Cleared for Takeoff
As industry consolidates, the as-yet-unnamed venture hopes to compete with other sites' name-your-price model.

Customer Service Goes Virtual
Personalized beauty-care site Reflect.com is making a big bet on an innovative new form of customer interaction replacing service reps with software.

Online Customer Service Tough To Implement
E-tailers are scrambling to come up with the right solutions to satisfy customer service needs. While the most comprehensive solution is to provide live representatives, it is also the most expensive solution. Many cost-conscious online merchants are looking at natural language processing software. The big question is whether it will work.

Can Exchanges Put Energy Into E-Commerce?
Ariba, Commerce One pair off with petrochemical corporations in hopes of beginning b-to-b-eautiful friendships.

E-Business Means E-Relationships
Web retailers must gain consumers' loyalty and trust before making the sales pitch.

Tax Planning With ISOs
One of the most popular and useful forms of stock-based compensation is the incentive stock option, or ISO. Rapidly growing e-commerce companies, which are always short of cash, see options as a way of conserving cash; and, employees see options as a way of participating in company growth.

It's Not Big Brother, It's Customer Service
Many companies are making it possible for e-commerce sites to pipe live customer service representatives to shoppers over the Internet. The company representatives -- however unseen in the background -- are sometimes able to get in contact with Web shoppers, many of whom believe they are browsing the Net unobserved.

Outpost Leaves Data Unguarded
Outpost.com lets you track your orders online -- and everyone else's too. A security glitch leaves names, purchases, email, and shipping address exposed.

 E-MARKETING NEWS
ToC

  • The Internet Retail Revolution

  • Amazon.com Tops Shopping Sites

  • Online Consumer Spending Growth Slowing

  • E-Holiday Sales Peak During 2nd Week of December

  • AOL users spend billions over holidays

  • Consumables Market Takes Larger Share of E-Commerce

  • Would you buy an Old Master online?

  • Affiliate Marketing's Last Stand?

  • "Dot coms" look to score from Super Bowl ads

  • Pet Sites Vie To Be Top Dog

  • Virgin Megastores keeps customers in hand

  • CyberCash Denies Fault in Security Breach Case

  • E-commerce sites target women

----

The Internet Retail Revolution
Although the shape and form of retailing has continued to evolve throughout history, its significance to society in distributing goods and services cannot be understated. To get an idea of how important retailing is to our economy, one need only look at current figures.

Amazon.com Tops Shopping Sites
More than one in four Internet users did part of their holiday shopping online. So how come sales fell short of Ernst & Young's US$15 billion predictions?

Online Consumer Spending Growth Slowing
The rate of growth of online spending per person is declining even though total online retail spending is increasing, according to a study by the The Wharton School of Business.

E-Holiday Sales Peak During 2nd Week of December
Online shopping reached its peak during the week of December 6th through 12th, according to a Goldman Sachs / PC Data Online survey that was released today. Spending then fell from $1.25 billion to $495 million during Christmas week December 20 - 26 , as online visitors turned to greeting cards and computer game sites.

AOL users spend billions over holidays
Internet giant America Online said members of its service spent $2.5 billion shopping on the Internet during the holiday season, a total that more than doubled from the same period last year.

Consumables Market Takes Larger Share of E-Commerce
Total online retail sales during 1999 are expected to reach $66 billion, according to ActivMedia Research, and the buying of consumable products will lead the way into the next century.

Would you buy an Old Master online?
How about a New Master? Online galleries are hoping to make art lovers -- and buyers -- out of us all, using the power of the Internet.

Affiliate Marketing's Last Stand?
Two years ago at this time, affiliate marketing was flying under everyone's radar. Last year at this time, affiliate marketing was a real hot topic. These days, it's mostly under the radar again.

"Dot coms" look to score from Super Bowl ads
Super Bowl Sunday may not wind up so super for Internet companies that are spending huge chunks of their marketing budgets on the advertising world's premier showcase.

Pet Sites Vie To Be Top Dog
Startups, chain stores, and venture capitalists alike are all betting big bucks on building the perfect online pet store.

Virgin Megastores keeps customers in hand
Virgin Megastores next month will offer 10,000 preferred customers a free personal digital appliance that they can use to browse the Net--but not before logging on to Virginmega.com.

CyberCash Denies Fault in Security Breach Case
After coming under heavy scrutiny for an alleged software failure that allowed an unidentified hacker to purloin and publish confidential credit card information on the Internet, CyberCash has issued a terse statement denying that its product contributed in any way to the security breach.

E-commerce sites target women
The Web sites with the highest percentage of women viewers last November, the start of the holiday shopping season, were toy retailers, women's portals and greeting card sites, according to a report released on Monday.

SUPPLY CHAIN NEWS
ToC

  • BizTalk: All Talk?

  • IBM lukewarm about Microsoft's 'proprietary' BizTalk

  • Channel Companies Invest In First E-Business Hub

  • Consumer sites adopt barter model

  • Exchanges for Everything

  • Gartner ultrabullish on B2B

  • Amazon buyers choose Barnes & Noble for returns

  • Attention shoppers

  • Manufacturers Grapple With Online Sales

  • Luxury Watchmakers Are Web Wary

  • 'Be Prepared' Not Just a Motto in Post-Y2K Era

  • The Y2K Bug Was in the Channel

  • ToysRUs.com Sued: Santa Failed

  • Barter Exchanges on the Internet

  • Can FedEx Get Up to Net Speed by Slowing Deliveries Down?

  • Ship happens: Same-Day Delivery Woes

  • Study: retailers remain unready for online sales

----

BizTalk: All Talk?
Key pieces of Microsoft's e-commerce strategy are still missing in action.

IBM lukewarm about Microsoft's 'proprietary' BizTalk
A key IBM executive, in an interview here at the company's Partner World 2000 conference, said Big Blue will only support the BizTalk Framework -- a Microsoft-developed framework for describing how the Extensible Markup Language is to be used in business-to-business commerce -- in Windows environments.

Channel Companies Invest In First E-Business Hub
Channel giants Ingram Micro Inc., Tech Data Corp., Avnet Inc., Arrow Electronics Inc., FDX Corp. and Softbank said today they have collaborated to help create the first e-business hub for the IT industry.  The venture, Viacore Inc., is a service provider developing the first e-commerce business-to-business hub linked with RosettaNet Internet-based language standards and designed for the IT industry, organizers said.

Consumer sites adopt barter model
A new crop of start-ups and their heavyweight financial backers are betting that the next wave in consumer e-commerce will have people trading their belongings without cash.

Exchanges for Everything
Buyers and sellers are leveraging the power of auctions for every good imaginable. Are you ready to compete in the new exchange economy?

Gartner ultrabullish on B2B
The market research firms sees big things ahead for the B2B commerce market and for the B2B market makers.

Amazon buyers choose Barnes & Noble for returns
Amazon.com touts a quick and easy return policy, yet some of its customers find it easier to return books at rival Barnes & Noble superstores

Commerce One, Ariba in B2B e-commerce battle
Online procurement rivals Commerce One and Ariba are engaged in a marketing battle for the ages.

  • CNET News.com

  • http://news.cnet.com/news/0-1008-200-1532034.html

Attention shoppers
Top consumer goods manufacturers wisely look to ally with Web grocers while it's still cheap.

Manufacturers Grapple With Online Sales
Just as Amazon.com has led millions of would-be entrepreneurs toward the e-commerce promised land, so too has the success of Dell Computer led countless manufacturers to believe that their future success rides on the ability to sell directly to consumers over the Internet.

Luxury Watchmakers Are Web Wary
Luxury-goods companies like Europe's makers of high-end watches are getting increasingly uneasy about the Internet, which threatens to loosen their control over distribution.

'Be Prepared' Not Just a Motto in Post-Y2K Era
The peaceful passage of the Y2K weekend hasn't prompted massive returns, online retailers say.

The Y2K Bug Was in the Channel
There is a serious Y2K problem, after all, and it originates from Cybercash's ICVerify unit, recently victimized by a cracker-embezzler who tried to post 300,000 credit card numbers online. The problem lies in those terminals merchants use to process credit card transactions, and how they got them. It's estimated that some 6,000 stores are impacted.

ToysRUs.com Sued: Santa Failed
A customer files a class-action suit against the toys giant Internet division because it couldn't get the gifts under the Xmas tree in time.

Barter Exchanges on the Internet
The Internet is an ideal medium for bartering goods and services. Barter exchanges, when brought to the Web, enjoy a great potential for growth. The tax rules for recognizing income from bartering transactions present no great difficulties. The rules that apply outside the Web will apply equally to Internet-based transactions.

Can FedEx Get Up to Net Speed by Slowing Deliveries Down?
With its stock in the dumps, the air express giant reorganizes operations to better reach the e-commerce customer on the ground.

Ship happens: Same-Day Delivery Woes
Ordering online gets easier with practice. Actually receiving what you ordered, however, can be more of a challenge. Until goods can be beamed up, Star Trek-style, e-commerce companies will keep coming up with new delivery strategies.

Study: retailers remain unready for online sales
Despite the growth of e-commerce, many offline companies remain unprepared to compete on the Internet, according to a new study.

CONTENT, PORTALS & COMMUNITY NEWS
ToC

  • GM pushes for Toyota to join e-commerce site

  • Vertical Portals Pick Up Steam

  • Disney's Go.com narrowing focus

  • Yahoo! Plans 'Group Buy' Service

  • Internet shoppers are a new source for charitable donations

  • New Ranking Service Shuns Leading E-tailers

  • Will NBC viewers become Net shoppers?

  • CNET gained 6M shopping 'leads' in December

  • Commerce: E-Marketplaces Getting Connected

  • Marketplaces Where Businesses Meet

  • B2B E-Commerce Transforms Chemical Industry

  • Web Markets Booming

----

GM pushes for Toyota to join e-commerce site
General Motors is intensifying its talks with Toyota Motor to involve the Japanese automaker in TradeXchange, and it is open to offering Toyota a stake in the new business-to-business e-commerce site, a senior GM official said today.

Vertical Portals Pick Up Steam
Microsoft, SAP and a host of newer players are seeking new ways to reach target markets.

Disney's Go.com narrowing focus
The company's online directory is changing its Web strategy, narrowing its focus to play up its strength as an entertainment destination.

Yahoo! Plans 'Group Buy' Service
Navigation hub Yahoo! is preparing to launch an aggregated selling service in the second half of the year, a move signaling that the idea of "group buying" may be on the verge of becoming a mainstream part of Web commerce

Internet shoppers are a new source for charitable donations
Each morning, Paula Duffy powers up her computer and takes on the weight of the world.

New Ranking Service Shuns Leading E-tailers
Customer service portal Feedback Direct joined the ratings game this week by launching the Feedback 50 online companies with the best customer service operations.

Will NBC viewers become Net shoppers?
NBCi and ValueVision will invest in Roxy.com, an online consumer electronics store, as part of a broader strategy to turn TV viewers into Net shoppers.

CNET gained 6M shopping 'leads' in December
The online technology company CNET Inc. Thursday said December shopping activity on its site was more than double year-ago levels.

Commerce: E-Marketplaces Getting Connected
Name the commodity or service and there soon will be an Internet marketplace specializing in bringing together buyers and sellers for that sector.

Marketplaces Where Businesses Meet
In the world of business-to-business Internet commerce, it has become difficult to keep up with the rapid-fire creation of so-called e-marketplaces -- the darlings du jour of the investment community.

B2B E-Commerce Transforms Chemical Industry
Chemical auctions, exchanges and a variety of e-commerce sites have altered the way that chemicals are bought and sold worldwide, according to Forrester Research.

Web Markets Booming
A bumper crop of electronic marketplaces blossomed onto the Internet scene Monday.

GOVERNANCE & GOING GLOBAL NEWS
ToC

  • UPS sees regulations hamper Latin e-commerce

  • European E-Commerce To Hit $1 Trillion by 2004

  • No e-taxes, says CES panel

  • U.S. Hispanic E-Shoppers Indifferent To Language

  • European E-Christmas Sales Fly, But Not Profits

  • Japan convenience stores in e-commerce battle

  • Net Taxes: When, Not If

  • European E-Commerce Still Lags Behind U.S.

  • Singapore encourages e-commerce with incentives

  • National Retailers Mull E-Tax

  • U.S. Culture Pervades Global E-commerce

  • Pushing for a Crackdown on Auto Sales Done Directly Online

  • A Merry e-Christmas for UK?

  • Web brings boom for small businesses

  • 'E-commerce backers are targeting Latin America, but its a tough sell

----          

UPS sees regulations hamper Latin e-commerce
Tariffs, cumbersome customs rules and other government regulations are a big hurdle to electronic commerce throughout Latin America, according to a leader of U.S. deliveries-giant United Parcel Service Inc.

European E-Commerce To Hit $1 Trillion by 2004
According to a new report by Forrester Research, European e-commerce will grow at triple-digit rates over the next five years to a total of more than $1 trillion

No e-taxes, says CES panel
E-commerce isn't ruining bricks-and-mortar businesses and should be left alone, Virginia governor says.

U.S. Hispanic E-Shoppers Indifferent To Language
Spanish-language online retailer Espanol.com has found that few Hispanic Internet shoppers in the United States care whether their shopping destinations are in English or Spanish.

European E-Christmas Sales Fly, But Not Profits
Online shopping boomed across Europe over Christmas as expected, but Internet retailers piled up heavy losses and goods were often delivered late.

 Japan convenience stores in e-commerce battle
The battle for Japan's fast-growing e-commerce market among operators of huge convenience store chains intensified on Tuesday when five firms teamed up to compete with top chain store operator Seven-Eleven.

Net Taxes: When, Not If
Economics will force tax equality for online and offline merchants.

European E-Commerce Still Lags Behind U.S.
Despite recent gains, European e-commerce still lags behind online sales in the United States, according to a new study from International Data Corporation

Singapore encourages e-commerce with incentives
Singapore said on Thursday it had approved its first two companies under a tax incentive scheme to encourage firms to set up regional e-commerce trading centers in the city state.

National Retailers Mull E-Tax
The din of whether to tax Internet commerce is destined to become louder Jan. 18 when the 99 member board of the National Retail Federation votes to take a position on the issue."

U.S. Culture Pervades Global E-commerce
Outside the United States, consumers are increasingly shopping online, but it's a young market slowed by security concerns, a developing infrastructure, and cultural risks, said speakers at a conference in Ontario.

Pushing for a Crackdown on Auto Sales Done Directly Online
Internet companies that sell cars directly to consumers are encountering stiff opposition from auto dealers, who are using their influence in state legislatures and with state regulators to protect their businesses.

A Merry e-Christmas for UK?
It appears that many people in the UK went online to find the cheapest prices for gifts - but then headed to the high street to buy them.

Web brings boom for small businesses
UK e-commerce minister Patricia Hewitt launches a national award scheme for small businesses who go online.

'E-commerce backers are targeting Latin America, but its a tough sell
Latin America is heralded as the next frontier for electronic commerce. But making e-commerce happen in countries such as Mexico will require overcoming some serious obstacles. Antiquated back-office computer systems, inefficient distribution networks and widespread credit-card fraud have kept many businesses from jumping online.

PARTNERS & DEALS NEWS
ToC

  • CMGI's Engage buys Flycast and Adsmart

  • Medtronic enters alliance with Healtheon/WebMD

  • CA Expands E-Services Portfolio

  • Microsoft Takes B2B Stake In VerticalNet

  • New York Times to spin off Net division

  • VC firms hot on trail of B2B startups

  • Softbank considers additional banking operations

  • PricewaterhouseCoopers denies report of IBM ties

  • A new spin on e-commerce

  • CNET Acquires mySimon

  • Time Warner, EMI rock the music world

  • What EMI deal means for the Web

  • B2B expert Breakaway buys Eggrock for $250M

  • IBM and SAS enter e-business partnership

  • Ask Jeeves buys Direct Hit

  • Commerce One to buy product information manager

  • Mexico retailer to buy CompUSA

  • Wal-Mart, Accel To Create Web Company

  • Cisco, IBM join forces on e-business offerings

  • Airlines join forces on new Web site

  • Net Perceptions buys data analysis vendor

  • Independents merge to fight the flower powers

  • Drugstore.com Buys Beauty.com

  • MGM, Blockbuster team for Net movie delivery

  • BroadVision to buy Interleaf, profit nearly triples

  • Ariba, Ernst & Young in E-Commerce Deal

----

CMGI's Engage buys Flycast and Adsmart
Engage Technologies agreed to buy the two smaller Internet-advertising companies from majority holder CMGI for $2.5 billion in stock

Medtronic enters alliance with Healtheon/WebMD
Medtronic, a maker of medical devices, said today it has formed a $100 million, four-year partnership with Healtheon/WebMD to provide health care information over the Internet.

CA Expands E-Services Portfolio
Computer Associates International Inc. has acquired a minority stake in I-Storm Inc., a specialist in developing and operating e-commerce Web sites. Terms of the transaction were not disclosed, but CA was said to have paid $2 million-plus for an under-10 percent share of I-Storm. CA will have a seat on I-Storm's five-member board

Microsoft Takes B2B Stake In VerticalNet
Microsoft is making a play to get more directly involved in the business-to-business marketplace arena by taking a large equity stake in VerticalNet.

New York Times to spin off Net division
The publisher files to raise as much as $100 million in an initial stock offering for a tracking stock to represent its Internet business division, the Times Company Digital.

VC firms hot on trail of B2B startups
The venture capitalists who flocked to the Showcase conference in Palm Springs were gaga to find new business-to-business opportunities.

Softbank considers additional banking operations
The Japanese Internet investor is in informal talks with Fuji Bank on an online banking venture as it tries to push to the forefront of the restructuring of Japan's financial industry.

PricewaterhouseCoopers denies report of IBM ties
The Company denies a report that it is considering selling its consulting unit to IBM or teaming up with the computer maker.

A new spin on e-commerce
More and more large companies are spinning off their e-commerce units to maximize valuations. The rewards could be great, but so are the risks.

CNET Acquires mySimon
Internet publisher CNET Inc. Thursday acquired comparison shopping service mySimon for $700 million.

Time Warner, EMI rock the music world
AOL's new partner, Time Warner, will become the world's largest record company -- controlling about 20 percent of global market.

What EMI deal means for the Web
AOL-Time Warner-EMI deals have rocked the music business and showed it finally awakening to the not-so-distant multimedia future.

B2B expert Breakaway buys Eggrock for $250M
Breakaway Solutions Inc. today announced it will acquire systems integrator and consulting firm Eggrock Partners in an all-stock deal valued at about $250 million.

IBM and SAS enter e-business partnership  
IBM and SAS Institute Inc. on Monday announced a partnership to tighten integration between IBM's DB2 Universal Database and SAS analytic software and to provide enhanced consulting services to e-businesses

Ask Jeeves buys Direct Hit
Search company Ask Jeeves Inc. will acquire Direct Hit Technologies Inc. in a deal worth around $507 million. The deal calls for Ask Jeeves to exchange 5.12 million shares, approximately 12 percent of the company, for Direct Hit. Ask Jeeves closed at $99 Monday

Commerce One to buy product information manager
Commerce One (Nasdaq: CMRC) slid in after-hours trading Tuesday after the company announced plans to issue 870,000 shares as part of a deal to buy a system for online catalogs.

Mexico retailer to buy CompUSA
Mexico-based retailer Grupo Sanborns said today it plans to acquire computer retailer CompUSA in a tender offer worth $10.10 per share.

Wal-Mart, Accel To Create Web Company
The discount retailer late Thursday said it is partnering with venture capital firm Accel Partners to create a stand-alone Web retailing company carrying the Wal-Mart brand.

Cisco, IBM join forces on e-business offerings
IBM and Cisco Systems Inc. added some meat to an ongoing technology alliance today, announcing two initiatives that could help IT managers better manage Internet transactions

Airlines join forces on new Web site
American Airlines, US Airways and other carriers have signed up to offer tickets, including Internet-only discounts, on a Web site being created by United, Delta, Northwest and Continental.

Nearly two dozen U.S. and foreign airlines have signed up to offer tickets, including discounted Internet-only special fares, on a Web site being created by UAL Corp.'s United Airlines, Delta Air Lines, Northwest Airlines and Continental Airlines.

Net Perceptions buys data analysis vendor
Net Perceptions Inc., a maker of software that enables e-business Web sites to deliver personalized Web content to surfers, is fortifying its portfolio with the $126 million acquisition of a data-analysis developer.

Independents merge to fight the flower powers
Proflowers.com and Flowerfarm.com joined forces today to compete in the fast-growing online flower market.

Drugstore.com Buys Beauty.com
Online pharmacy Drugstore.com is buying cosmetic retailer Beauty.com for about $42 million in stock.

MGM, Blockbuster team for Net movie delivery
Film studio Metro-Goldwyn-Mayer, the home of classic musicals and holder of the rights to 19 James Bond movies, today reached agreement with rental giant Blockbuster to find ways to give customers movies via the Internet.

BroadVision to buy Interleaf, profit nearly triples
BroadVision, which makes software for Internet commerce, said its fourth quarter profit rose 287 percent, and announced it would buy Internet e-commerce software maker Interleaf.

Ariba, Ernst & Young in E-Commerce Deal
Ariba Inc., a maker of software to help businesses use the Internet to buy supplies, said Monday it had entered a deal with Ernst & Young LLP to provide products and services for electronic commerce.

MOVERS & SHAKERS NEWS
ToC

  • Online merchants seek to improve e-commerce

  • Amazon.com Announces Layoffs

  • Beyond.com hits hard times

  • Barnesandnoble.com CEO closes chapter

  • TheGlobe.com founders step aside as CEOs

----

Online merchants seek to improve e-commerce
Electronic commerce executives said they want to make online shopping better than any experience in a physical store at a conference of Texas e-commerce companies.

Amazon.com Announces Layoffs
Amazon.com Inc. said yesterday that it will lay off 150 employees as part of a company-wide reorganization, just five days before it is expected to report further losses in its fourth quarter. The Internet's largest retailer wouldn't say why it's cutting staff. But a spokesman said the firings are not related to the losses. The layoffs will be spread across its divisions and hit mostly at its Seattle headquarters. The company has 7,500 employees, up from just over 2,000 a year ago.

Beyond.com hits hard times
CEO Mark Breier will step down and the company will lay off almost 20 percent of its work force.  Beyond.com will lay off around 20 percent of its work force in a restructuring move that will shift the company's focus away from consumer sales.

Barnesandnoble.com CEO closes chapter
Jonathan Bulkeley, just a year on the job, is leaving the online bookseller to focus on investments. Barnesandnoble.com Inc., the online bookseller in heated competition with Amazon.com Inc., has lost its chief executive after just one year on the job.

TheGlobe.com founders step aside as CEOs
Online services firm Theglobe.com Inc. said on Thursday that joint CEOs Stephan Paternot and Todd Krizelman were stepping down as the leaders of the company they founded five years ago. Theglobe.com said it would initiate a search for a new chief executive with a view to taking over during the second quarter


 

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