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Online auctioneer eBay has expanded into the fixed-price marketplace by agreeing to purchase person-to-person Web marketplace Half.com in a stock deal valued at US$350 million. ...

Network Security Technologies, Inc. announced the discovery Thursday of destructive software that has been clandestinely implanted into thousands of business and home computers. ...

Just when it seemed that two Internet grocers were headed for the dot-com chopping block, a couple of food industry giants swooped in and saved the day with huge cash infusions ...

A growing number of investors have come to believe that pure-play e-commerce companies are burning their cash at an incredibly rapid rate and that these firms will be forced to dilute their outstanding shares with expensive rounds of new financing -- or worse ...

Recently, it has been reported that Russia is on the verge of cashing in on a growing boom in Internet use and e-commerce, if only -- we are told -- authorities would seize the opportunity and do away with bureaucratic hurdles ...

This week, a long-overdue precedent was set when the operator of a sports gambling Web site was convicted in the first case of its kind to go to trial ...

In what has become a persistent problem for popular Internet sites of late, the National Discount Brokers Group reported that its stock-trading Web site was shut down for more than an hour Thursday as a result of an apparent denial-of-service (DoS) hacker assault ...

U.S. District Judge Thomas Penfield Jackson dealt Microsoft Corp. a significant blow in its ongoing antitrust trial yesterday by comparing the software company to John D. Rockefeller's 19th century Standard Oil monopoly that was broken up by the U.S. government some 90 years ago ...

In an effort to jump-start e-commerce, the European Commission (EC) has warned European Union (EU) member governments that they must foster competition for local telephone lines that connect homes and businesses to the Internet by December, or be forced to do so ...

Just one day after a hacker attack on Yahoo! shut the giant portal down for several hours, several leading e-tail sites were similarly affected by what appears to be an orchestrated, Web-wide act of sabotage ...

United Parcel Service, Inc. announced today that it has formed a subsidiary that will perform back-end fulfillment functions for e-commerce companies and also help companies develop their supply chain management operations ...

The U.S. Justice Department is reportedly investigating online auctioneer eBay, Inc. to determine whether its efforts to block price comparison search software from probing its Web site are anti-competitive ...

IBM announced yesterday that a six-month experiment with five major record labels has successfully emulated a traditional music store online. According to the company, the store allows music to be downloaded, but prevents illegal copying ...

The Chinese government is introducing new regulations that many analysts fear will put a chill on e-commerce in the world's most populous country ...

"This is a case in which a company and its chief executive employed a calculated pattern of fraudulent representation and promises in recruiting top executives," said both complaints, which were filed by the same New York attorney. ...

Forrester came to this conclusion after grading 30 business-to-business Web sites and finding that every one of them failed basic tests for value, ease and reliability. ...

At one point in afternoon trading, the Dow Jones industrial average was down 307.77, the Nasdaq composite index had skidded to 173.03, and even the E-Commerce Times' E-Commerce Stock Index had fallen 5.65. ...

Banco Bilbao Vizcaya SA and Argentaria Caja Postal & Banco Hipotecario SA, which are now in the process of merging into Spain's second-largest financial group, announced that they are planning to make Unoe Bank the largest financial supermarket in Southern Europe and Latin America. ...

The site will offer expert advice and insight from the world's top athletes, along with a selection of sporting equipment and apparel. John Costello, a former senior executive vice president of Sears, Roebuck & Co. has been appointed the new company's chief executive officer. ...

One notable development this year was the advent of free Internet access. Companies such as the UK's Freeserve Plc, a subsidiary of electronics retailer Dixons Plc, began giving away what American Online and Microsoft were charging for. As a result, American companies also began offering free Internet access to British users. ...