Stories by Linda Rosencrance

Bankruptcy Judge Puts Off Toysmart Decision

U.S. Bankruptcy Court Judge Carol Kenner today tabled Inc.'s controversial plan to sell its customer information until she holds a hearing on a proposed settlement deal announced Friday by the defunct online toy retailer and the U.S. Federal Trade Commission (FTC) -- a deal that Kenner said she's likely to reject.

Attorneys General Seek to Block Toysmart Data Sale

At a hearing Wednesday, Massachusetts and 38 other states will proceed with their plan to ask the U.S. Bankruptcy Court in Massachusetts to block the sale of Inc.'s customer data. The attorneys general of the 39 states filed an objection to the proposed sale with the bankruptcy court last week. Sale of the data, which Toysmart wants to sell in order to satisfy its creditors, must be approved by the bankruptcy court.

Online Privacy Gets a Boost

Truste, a leading privacy seal program, today joined forces with 12 high-tech companies, including Microsoft Corp., Intel Corp., AltaVista Co., Verizon Communications and Yahoo Inc., to launch Privacy Partnership 2000, an effort to educate consumers about protecting their privacy online.

Other Opponents of Reviewing FTC Settlement

Truste, a San Jose-based online privacy organization, and a group of officials from 39 states are reviewing a settlement deal announced Friday afternoon between the U.S. Federal Trade Commission (FTC) and Inc. to see what impact it may have on their separate efforts to block a proposed sale of the defunct online toy retailer's customer data.

FTC Settles with Toysmart

The U.S. Federal Trade Commission (FTC) today announced that it had reached a settlement with Inc. that would allow the bankrupt online retailer to go ahead with a proposed sale of its customer data only under limited circumstances.

States to Block Sale of Toysmart's Customer Data

A group of attorneys general from 39 states yesterday asked the U.S. Bankruptcy Court in Boston to block the controversial sale of Inc.'s customer data that the failed online toy retailer has proposed as part of an ongoing liquidation process.

FTC: Comply with Children's Privacy Law

The U.S. Federal Trade Commission (FTC) is warning Web sites catering to children to comply with a new privacy law that took effect in April, or else they will face its wrath.

Gartner Survey Sparks Debate on Net Retail Fraud

Gartner Group Inc. yesterday released the results of a survey showing that online retailers get hit by fraudulent credit-card purchases much more than their brick-and-mortar counterparts do. But some observers said they aren't sure the problem is as dire as the survey indicates.

Former SAP America Chief Takes New Finance Job

Kevin McKay, the top executive at SAP AG's U.S. subsidiary until he resigned from that job three months ago, today surfaced as the No. 2 guy at Mercator Software Inc., one of the many vendors jockeying for position in the market for integration tools that can be used to tie together different applications.

Automakers Sue Arizona over Online Car Sales

Two trade associations representing automakers have filed a lawsuit in federal court against the state of Arizona in an effort to block a new law that prohibits car manufacturers from selling directly to consumers via the Internet.

Gates, others invest in satellite venture

Microsoft chairman Bill Gates and several international investors yesterday announced that they have invested almost $US300 million in ICO-Teledesic Global, a company that says it plans to become a global provider of wireless "internet-in-the-sky" satellite communications services, including telephone, internet access and broadband services.

FTC to Block Sale of Consumer Data By

The U.S. Federal Trade Commission (FTC) today filed a complaint against Inc. in an effort to block a proposed sale of the failed online toy retailer's customer list and personal information that the company collected from people who visited its Web site. But the two sides also have started talking about a possible out-of-court settlement.