Beth Cox

Internet trust and payment services company VeriSign, which picked up a number of customers and other assets from CyberCash last spring, is quietly moving former CyberCash clients to its own payment services operation. But the transition plan apparently isn’t so quiet to some of those affected by the move. For example, Jeff Breitner of Gatecom.com […]

Seeing an increasing demand for alternatives to traditional in-person business meetings, Internet portal Yahoo! Inc. launched new Internet broadcasting packages that will be available through the broadband services unit of its business communications division. The Sunnyvale, Calif.-based company avoided mentioning the events of Sept. 11, but said that with travel and meeting costs rising and […]

Continuing its push to open new online stores in conjunction with established players, Amazon.com opened a new travel store in conjunction with Expedia, Hotwire and National Leisure Group’s The Vacation Store. Seattle-based Amazon said the new store features booking services and the latest travel status information from Expedia . Discounted travel for the flexible traveler […]

Delivering what it says is a fix for growing concerns about the security of B2B e-commerce, a UK company launched a patented system that can precisely fix the identity and geographic location of corporate buyers. The solution, from Cambridge, England-based multi-currency Internet payment solutions company WorldPay plc, is called WorldPay Genesis. The company says it […]

Troubled e-commerce company Buy.com, which was bought out by its founder last August for 17 cents a share, launched a redesign of its site and a new marketing campaign touting a return to the “Lowest Prices on Earth.” Buy.com, now trading for about 11 cents a share on the OTC Bulletin Board, said it would […]

This is not what the Internet community wanted to hear: Goldman, Sachs analysts today cut their estimates for both advertising-dependent new media companies and e-commerce companies, citing further economic uncertainty following the attack on the United States. In an advisory to clients, GS said that “we are lowering our online advertising forecast for 2001 to […]

1-800-Flowers.com, which just last week launched a new service that lets customers create their own greeting cards, today reaffirmed its financial guidance calling for fiscal first quarter revenues of $78 million to $79 million and an EBITDA loss of $6 million to $7 million. The floral and gift company said that it was maintaining its […]

In a move designed to inspire confidence in the future of e-travel, Priceline.com Chairman Richard S. Braddock said today he will cancel previously announced plans to sell shares in the company and instead will buy more stock. Braddock said that he is abandoning plans to sell off Priceline shares for estate planning purposes and instead […]

The events of last week claimed another victim as corporate-travel company Rosenbluth International’s biztravel.com issued a brief statement saying that it will “terminate travel services” today. All of the online travel services have been hit hard by reduced bookings (down as much as 60 percent at some companies on some days) and plunging stock prices […]

Despite all the travail in the world of online travel companies, there was a bright spot today as Travelocity launched Travelocity Europe in a $50 million joint venture with Otto, a Hamburg, Germany-based holding company that is heavily involved in retail sales. Meanwhile, rival travel company Priceline.com got a vote of confidence as two of […]

Online bookseller Barnes & Noble.com , in conjunction with DirectTV Inc. and Wink Communications, launched its own interactive e-commerce TV channel, calling it the first such dedicated e-commerce app in the United States. New York City-based Barnes & Noble.com, whose stock has lately been flirting with the important-for-continued listing $1 level on Nasdaq, said that […]

Visa International launched what it calls the Mobile 3-D Secure specification to assure the security of Internet payments made over mobile phones. The specification is based on existing payment technologies, the company said, adding that it furthers Visa’s goal of offering universal commerce (u-commerce) — the ability to conduct secure commerce anywhere, anytime, with any […]