Carol King

Yahoo! is in the hot seat once again for allowing Nazi-related items on its auction site. A Paris, France-based group representing Nazi concentration camp victims has filed a lawsuit against Tim Koogle, Yahoo’s chairman, over his firm’s “alleged justification of war crimes.” Their demand? One French franc, which has a U.S. equivalent of 15 cents. […]

As other dot-coms deal with the threat of being delisted from the NASDAQ, at least one pure-play Internet company is moving up in the world. E*TRADE Group Inc. is trading in its NASDAQ ticker symbol to one from the New York Stock Exchange, which traditionally has more stringent capitalization requirements. The Menlo Park, Calif.-based online […]

Microsoft’s travel subsidiary, Expedia Inc., Monday took off with a redesigned Web site and a revamped flight-booking service. The Expert Searching and Pricing (ESP) service, which cost more than $30 million and took more than four years to develop, separates Expedia from its competitors, according to Suzi LeVine, marketing manager. “The new system removes Expedia […]

Drugstore.com Monday released smaller-than-expected losses for its fourth quarter on a healthy 95-percent jump in sales but the online retailer may be quietly experiencing the same woes as others in its space. The company said net sales for the fourth quarter were $36.2 million, representing a more than 95 percent increase over the fourth quarter […]

The urban market is growing fast and setting online trends, according to a market research report. “The urban market is neither ethnic or geographic, it is a mindset,” explained Guy Primus, executive director and senior analyst of UrbanIQ. “It is a consumer group with more than $890 billion in spending and the power to influence […]

Microsoft’s travel subsidiary, Expedia Inc., Monday took off with a redesigned Web site and a revamped flight-booking service. The Expert Searching and Pricing (ESP) service, which cost more than $30 million and took more than four years to develop, separates Expedia from its competitors, according to Suzi LeVine, marketing manager. “The new system removes Expedia […]

Successfully analyzing customer behavior is the key to profitability for any e-business platform. Proflowers.com, an online florist, is confidant about the gift items that sell best on key holidays. Meanwhile, Skechers.com, a footwear provider, says it is on top of which shoes best appeal to its online clientele. The inside track, they say, is HitBox […]

Visitors to Travelocity can now click on the lowest destination fare and immediately view a 90-day calendar that shows the flight’s availability. “By moving their trips by just a few days, consumers may save hundreds of dollars,” noted Terrell B. Jones, president and CEO. The new service, which Travelocity said took 18 months and $5 […]

Auction giant eBay had double good fortune yesterday, with victories on Wall Street as well as in a San Diego courtroom. On the heels of declaring fourth-quarter revenues that beat Wall Street estimates, a $100 million class-action lawsuit against the company was thrown out of court. The plaintiffs charged the company with selling bogus sports […]

LetsBuyIt.com, which filed for bankruptcy this week, Friday was given five days to obtain a cash infusion. An Amsterdam court Friday told the etailer that it will delay its bankruptcy filing so that the company’s management could seek four million euros in additional funding. According to reports, a cash boost might only give the stricken […]

NBCi (the portal prodigy of the broadcasting company) Thursday eliminated 150 positions to offset a revenue shortfall and reach its goals of profitability for 2001. The San Francisco-based NBCi, which employs some 635, also has a major presence in Silicon Alley. By reducing one-third of its workforce, NBCi CEO Will Lansing anticipates the company will […]

NBCi Thursday eliminated 150 positions to offset a revenue shortfall and reach its goals of profitability by the end of 2001 or early 2002. The company additionally reset its revenue projections from $150 million to $100 million. Profitability is determined before non-cash items and NBC promotion credits. “We are determined to reach profitability within the […]