OpenSite to Acquire Bidder's Edge
Software company OpenSite Technologies Inc. has announced it has signed a letter of intent to acquire Bidder's Edge Inc., an online auction listing aggregator in Burlington, Mass.
Stories by Linda Rosencrance
EBay Hit with Antitrust Suit
Auction aggregator Bidder's Edge has filed an antitrust lawsuit against eBay Inc., charging that the auction giant engages in unfair business practices and is trying to monopolize the online auction market.
DOJ Investigates eBay Efforts to Block Shop Bots
Auction giant eBay Inc. has confirmed that the U.S. Department of Justice (DOJ) is looking into its efforts to block access to its site by shopping bots and other methods used by rival auction sites to collect data about items for sale on eBay.
Logistics Deal Aims to Rev Ford Supply Chain
Ford Motor Co. and Atlanta-based United Parcel Service of America Inc. have teamed up to build a system designed to slash the time it takes to deliver a vehicle from the factory floor to dealerships by as much as 40%.
Discover Launches Virtual Credit Card
Discover Financial Services has launched a virtual credit card called Discover DeskShop, which provides cardmembers with a drag-and-drop mechanism for online shopping as well as one-click access to real-time account information.
Music Retailers File Antitrust Suit Against Sony
The national music retailing association has filed a lawsuit against Sony Corp. of America, alleging that the company is illegally forcing retailers to direct their customers to Sony's online stores, where they can purchase CDs.
Ford, UPS Team To Cut Vehicle Delivery Time
Ford Motor Co. and the United Parcel Service of America Inc.'s Logistics Group have teamed up to slash the time it takes to deliver a vehicle from the factory floor to dealerships by as much as 40 percent.
SEC Orders Trading in Decimals Beginning July 3
The U.S. Securities and Exchange Commission (SEC) has ordered U.S. securities markets to begin quoting securities prices in decimals rather than fractions on July 3.
Chase, InfoBeat to Stop Sharing Customer Data
At a time when consumers and privacy advocates are calling for more stringent online privacy regulations, two companies this week settled pending litigation by agreeing to stop sharing customer information with third parties. Neither company admitted wrongdoing, though.
Telecommuters Exempt from OSHA Rules
Employers aren't responsible for the health and safety of white-collar telecommuters after all, U.S. Department of Labor officials said last week.
Theglobe.com Co-CEOs Step Down
Theglobe.com, a New York-based operator of a global community network, yesterday announced that its two chief executive officers, Stephan Paternot and Todd Krizelman, will be stepping down from their posts.
Telecommuters Exempt From OSHA Regulations
Employers are not responsible for the health and safety of white-collar telecommuters after all, according to U.S. Department of Labor officials.
Chase, InfoBeat Agree to Stop Sharing Data
Under a settlement reached yesterday with the New York State attorney general's office, The Chase Manhattan Bank has agreed to stop sharing detailed financial information about its credit-card customers with telemarketing companies without first notifying its customers.
E-Commerce Appliances To Debut
Network Engines plans to unveil the WebEngine Roadster, a low-cost, Intel-based server appliance that the company said will allow online businesses to provide Web content easily and reliably.
Veteran Web Users Happy With Holiday Shopping
For the most part, customers were very happy with their online holiday shopping experiences last year, according to a survey released last week by Cognitiative Inc.