Beth Cox

CMGI’s Chicago-based online auction operation uBid Inc. named a Spiegel Catalog Inc. executive as its new president and CEO and a former Forbes.com Inc. chief financial officer as its new CFO. The new boss is Christian Feuer, who had been senior vice president of marketing and advertising production at Spiegel Catalog, Inc., a subsidiary of […]

Struggling online auto sales and info operation Autobytel Inc. hit the brakes again, this time laying off 40 people or about 15 percent of its employees. The move follows last month’s report of a wider loss for the first quarter. The Irvine, Calif.-based company said the restructuring would result in a charge of about $500,000, […]

Runaway executive compensation has been an issue with shareholders for years at many American companies, and finally a CEO has bowed to the pressure and tied his pay solely to company performance – but not without a little prodding. The boss at E*Trade Financial Inc. , Chairman and CEO Christos M. Cotsakos, is actually giving […]

UNIX and Linux software specialist Caldera International Inc., running head-on into the IT spending slowdown, lowered its guidance, laid off 15 percent of the staff, shut some offices and said its CTO is leaving. The Lindon, Utah-based company’s stock was trading at about $1 today, down from a 52-week high of more than $10 a […]

Direct marketer PC Mall Inc. is moving to acquire the assets of the bankrupt Wareforce Inc., a technology solutions provider that serves the Southern California corporate market. Financial details were not disclosed, but there’s little doubt that PC Mall got this one at a fire-sale price, as El Segundo, Calif.-based Wareforce stock is trading at […]

Intuit Inc. is on a roll lately, what with plans to enter the online brokerage business and today announcing the acquisition of Fort Worth, Texas-based CBS Employer Services Inc., an outsourced payroll operation. The Mountain View, Calif.-based company agreed to pay about $78 million for the company, which operates CBS Payroll. Approximately $74.5 million will […]

Just when American e-commerce companies thought they were safe from new Internet taxes comes news that the European Union plans to tax digital products downloaded from U.S. companies. And that is certainly not good news for companies that have been trying to broaden their income streams by appealing to international markets. President Bush last November […]

The man credited with founding Travelocity.com is departing the operation, less than a month after parent company Sabre Holdings Corp. bought up all the outstanding shares it didn’t already own and took it under its corporate wing. Fort Worth, Texas-based travel services company Sabre said that Travelocity CEO Terrell B. Jones “is retiring” after 24 […]

Three weeks after announcing an 81-percent drop in revenue and cutting 530 jobs, B2B play Commerce One Inc. said that its president and COO as well as its chief financial officer are leaving the company. The Pleasanton, Calif.-based company has seen its stock drop from a high of $331 a share at one point in […]

E*Trade Group Inc., continuing its push to become something more than just an online brokerage, is expanding into the somewhat troubled world of proprietary research and stock analysis. Menlo Park, Calif.-based E*Trade named Martin Evans as its director and head of global research and said it has hired a team of research analysts from Credit […]

When an Internet company stops sending out those “hey-look-me-over” press releases, it’s almost a sure bet that something is awry, and that seems to be the case with Lowestfare.com, which has now stopped selling airline tickets. A notice posted on the Web site of the discount travel services provider says: “While Lowestfare.com continues its vacation […]

PricewaterhouseCoopers paved the way for what could be a multi-billion dollar IPO, filing a registration statement with the SEC to take its PwCC Ltd. Consulting unit public later this year. The move is widely seen as designed to help the accounting giant protect itself from any potential Enron-like auditing fallout. The Bermuda-based PwCC consulting operation, […]