November 29, 2001 |
Andreas Schmidt, head of Bertelsmann's e-commerce arm, became the latest victim of the German media giant's restructuring Wednesday when the group announced a major shake-up of its music distribution interests. Bertelsmann said Schmidt was leaving the company as it unveiled plans to fold the e-commerce arm into BeMusic, a new unit.
August 16, 1999 |
Dense-Pac Microsystems Inc., the Garden Grove provider of computer memory products, said that it has disbanded its e-commerce operations to focus on its core business. The Commerce-Pac unit provided Web site designs, development and hosting for e-commerce clients. The two-person staff has left the company to start its own e-commerce company, said Dense-Pac Chief Financial Officer William Stowell.
CALIFORNIA | LOCAL
March 6, 2001
Woodbury University in Burbank announced the establishment of an e-commerce degree, becoming the only university in the state and one of a few in the country to offer bachelor's and master's degrees for the Information Age. The new e-commerce degree was made possible, in part, by a $310,000 grant from the Fletcher Jones Foundation of Los Angeles. The foundation sponsors programs that promote higher education and is funded by gifts from Computer Sciences Corp.
August 23, 1999 |
UCLA's extension program will offer a course this fall to teach students how to design and build an e-commerce system using technology from Microsoft, Lotus, IBM and Netscape. Classes begin Sept. 7. For more information, visit http://www.unex.ucla.edu/ecommerce or call (310) 825-4100.
October 21, 1999 |
E-Commerce Exchange of Irvine received $30 million from Summit Partners, a Palo Alto venture capital firm, in exchange for an undisclosed amount of equity. The 10-year-old ECX offers small- and medium-sized businesses services to accept credit-card payments over the Internet, as well as other online transaction capabilities. The company, which said it is profitable, has more than 200 employees.
October 14, 1999 |
USA Networks Inc., the media and electronic-retailing company run by Barry Diller, created a new company to provide e-commerce services using existing divisions such as the Home Shopping Network. The new company, USA Electronic Commerce & Services, will use call centers, customer service operations and packing operations from USA's Home Shopping Network, Ticketmaster and Ticketmaster Online-CitySearch to provide these so-called back-office services to e-commerce companies.
CALIFORNIA | LOCAL
April 18, 2000 |
Louise Curcio has joined Pink Dot in Camarillo as vice president of electronic commerce. Pink Dot is an online delivery grocery shopping company. "Louise brings excellent experience that will accelerate Pink Dot's E-commerce business," said CEO Dan Frederickson. Previously at Mattel Inc., Curcio was responsible for leading the Nickelodeon toy business, including an E-commerce initiative for Rugrats merchandise.
October 4, 2000 |
E-commerce stocks, not long ago the tech sector's darlings, got hit particularly hard in the tech downdraft on Tuesday. Shares of Commerce One Inc., I2 Technologies Inc. and other software firms that create online marketplaces tumbled after an analyst cut his rating on Commerce One, saying sales growth at such firms may be slowing. Commerce One (ticker symbol: CMRC) fell $13.69 to $58.88 after analyst Richard Williams at brokerage Jefferies Group Inc.
May 28, 1999 |
As the Internet accelerates the pace of business innovation, universities are working hard to keep up. This fall, the new School of Information Science at Claremont Graduate University will launch one of the country's first master's degree programs in electronic commerce. Students at the Claremont campus will study the nuts and bolts of building e-commerce systems and how online retailing is changing the way companies do business.
June 21, 1999 |
Ernst & Young today will release a report saying that online commerce has cost state and local governments across the country a total of $170 million in tax revenue. The firm points out that most of the $20 billion of electronic commerce last year occurred between businesses, which are not subject to sales tax. Also, 63% of current e-commerce involves services or products that are exempt from sales tax, such as groceries.