by Don Clark, Geoffrey A. Fowler, Ben Worthen, Reporters, The Wall Street Journal
Consumers are helping pull the technology sector out of one of its worst-ever slumps, and optimism is building that businesses may also start switching on their spending soon.
That upbeat picture emerged as some bellwether technology suppliers issued numbers that were stronger than Wall Street expected, though still reflecting the recession’s harsh effects.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
A suit filed on Tuesday by online mortgage company LendingTree relies on a provocative premise: Google is getting into the loan aggregation business.
The suit, filed in a Charlotte federal court, is against a company called Mortech, which provides a technology that LendingTree uses to automate lender offer pricing.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
Social networking services like Facebook and Twitter have played a remarkable role in breaking the Iranian government’s grip on information, both before and after last Friday’s election. But lately, access to the Internet in Iran has slowed to a crawl, demonstrating considerable technical sophistication on the part of Iranian authorities.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
The Internet has spoken: The “American Idol” race is too close to call.
The hit reality TV show holds its 2009 season finale on Wednesday night, when either Adam Lambert or Kris Allen will be crowned as winner.
Biz360, a company that measures blog and other social media chatter for companies, has been turning its technology into an “Idol” predictor in recent weeks. But tonight? There’s no telling.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
The battle over adult ads on Craigslist is escalating–at least in South Carolina.
On May 5, the Palmetto State’s Attorney General Henry McMaster threatened to prosecute executives from the online classifieds site, if ads on the site play a role in a prostitution case in South Carolina.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
Amazon.com’s Kindle e-book reader has already inspired hope for new digital business models for book and newspaper publishers. Now the Kindle wants to do business with bloggers too.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
The arrest of Boston student Philip Markoff on charges of killing a masseuse he met through Craigslist.com begs a difficult question: is the online classifieds site safe? The case marks the third killing in recent years allegedly linked to people meeting through Craigslist.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
In the past week, eBay Inc. chief executive John Donahoe has taken steps to divest two businesses, acquire another, and revamp his company’s core e-commerce website.
During a call with investors Thursday morning, Donahoe said he thinks an initial public offering for eBay’s Internet-phone unit Skype will best “maximize value,” but he would be open to an unsolicited offer from another company to buy it outright.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
EBay unveiled some long-promised changes to its e-commerce site on Tuesday. Some of the most vocal eBay sellers are giving the changes tepid applause–but still complain eBay isn’t addressing a more fundamental problem for buyers with the fees it charges.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
EBay is on a mission to woo developers at the Web 2.0 Expo this week in San Francisco.
During a keynote speech Wednesday, eBay CTO Mark Carges told an audience filled with Internet start-ups that “nothing matters more than getting paid for the hard work that you do.” EBay knows a thing or two about making money, he said, before unveiling a new program to open up the company’s marketplace platform and PayPal services to outside developers.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
E-commerce reduces the environmental impact of shopping by using about a third less energy than traditional retail–but only if you skip the express airmail.
A study out Tuesday by the Carnegie Mellon Green Design Institute offers a scientifically rigorous estimate of e-commerce’s green benefits. E-commerce not only uses less energy, but its carbon footprint is also a third smaller than bricks-and-mortar retail, the scientists found.
by Geoffrey A. Fowler, Reporter, The Wall Street Journal
The recession is taking a serious toll on American retail, but e-commerce could emerge as a winner.
According to a new report by Forrester Research, e-commerce sales (beyond travel) are likely to grow 11 percent to $156 billion in 2009. That marks a slowdown from 13 percent growth last year and 18 percent in 2007. The major factor contributing to the pace shift is, of course, declining consumer confidence.
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