October 27, 1999 |
Few entrepreneurs go hunting for venture capital while eight months pregnant. But in the land-rush environment of the Internet, expectant mom Laurie McCartney knew she couldn't afford to delay the birth of her online business, EStyle. Besides, who better to pitch a retail site catering to moms-to-be than its pregnant chief executive? Of course it didn't hurt that McCartney also had a Harvard MBA and strategic planning experience with Walt Disney Co., the big daddy of consumer marketers.
December 24, 2009 |
On this glorious day before Christmas, I have a message for all you sales tax scofflaws out there: Pay up. This means you. You, who bought your big-screen TV online from Amazon.com instead of at Best Buy and your fleece-lined parka from L.L. Bean instead of Eddie Bauer because Amazon and Bean don't charge you sales tax and the others do. Guess what. You owe it anyway. Skipping out on the sales tax due on online purchases is the single biggest category of "noncompliance" with California sales tax law, according to the state Board of Equalization, accounting for nearly 30% of all unpaid tax. The board estimated lost revenue at $1.1 billion annually.
June 3, 2005 |
Many record industry executives think of file-sharing networks as a den of music thieves, but Brady Lahr sees a vein of gold waiting to be tapped. Lahr, co-founder and president of Kufala Recordings, is one of a number of file-sharing advocates who argue that the networks can play an important role in e-commerce.
February 15, 2000 |
CMGI Inc. said it will acquire electronic-commerce service provider Tallan Inc. in a cash and stock deal valued at about $920 million. The Internet fund said Tallan would enable its CMGI Solutions, which helps companies conduct electronic commerce, to boost billable resources by 350%. Clients of Glastonbury, Conn.-based Tallan include computer storage provider EMC Corp., EToys Inc. and Priceline.com Inc.CMGI rose $3.44 to close at $115.50 on Nasdaq.
September 22, 1999 |
Hewlett-Packard Co. and Oracle Corp. signed a deal to jointly develop electronic commerce systems for their businesses. The partnership was designed to integrate HP's hardware and Oracle's software, allowing both companies to collaborate on sales efforts and expand market potential.
March 30, 2001
The Tustin electronic commerce company reported a net loss for the year of $5.7 million, or 18 cents a share, compared with a net loss of $3.5 million, or 11 cents a share, for the previous year. Sales increased 9% to $30.1 million.
CALIFORNIA | LOCAL
September 7, 1999
Processing Source International, Canoga Park, has been acquired by Accesspoint, Irvine, for an undisclosed sum. PSI becomes a wholly owned subsidiary, the company said. Accesspoint manufactures Internet-based electronic commerce solutions. PSI is a merchant bank-card processing company with approximately 40% of its business in Internet transactions.