E-Trade wants its good name back. The online trading company, which since 1998 has licensed out the E-Trade brand to a string of international licensees, is bringing those ventures back into the fold. Industry watchers say the licensees weren't as aggressive as the parent company, and are now seeing their autonomy evaporate as E-Trade tries to develop the first global online trading network.
Basketball stars Shaquille O'Neal and Michael Jordan are jumping into Internet investment, along with golf phenomenon Tiger Woods. But these American athletic icons are doing it Euro-style: They've agreed to invest US$3.5 million in Sports.com, a network of European Web sites based in London.
Bertelsmann Chairman and CEO Thomas Middelhoff said Tuesday that he would resign from the board of America Online, on the grounds that he cannot remain on the board of a competitor. Bertelsmann, the German media giant that is one of Time Warner's fiercest competitors, owns 50 percent of AOL Europe.
Two young businesswomen stand on the corner of Mannerheimvagen and Bulevardi in this city's centre district, shoulders hunched against the cold, focused on their mobile phones. One is checking the times of a movie playing that night, while the other scrolls through text messages from a colleague in Germany.
Two young businesswomen stand on the corner of Mannerheimvagen and Bulevardi in this city's Center district, shoulders hunched against the cold, focused on their mobile phones. One is checking the times of a movie playing that night, while the other scrolls through text messages from a colleague in Germany.
Agence France-Presse, one of the world's leading wire services, is trying to move decisively into the Internet age, but it keeps running into obstacles.
British Prime Minister Tony Blair has a new strategy to make England the center of e-commerce: Establish Greenwich Mean Time as the standard time stamp for electronic transactions.
It's the sort of battle that the Internet is famous for: a tiny startup with a bold idea, taking on a supreme-but-sluggish corporate institution.