SOURCE: CNET NEWS.com eBay looks to go local with Craigslist stake Published: August 13, 2004, 1:56 PM PDT By Jim Hu Staff Writer, CNET News.com eBay's announcement on Friday that it took a 25 percent stake in online classifieds site Craigslist illustrates how the Web's biggest players are putting a heavy focus on going local. Craigslist, launched in 1995, is a bare-bones classifieds site for people looking for almost anything, such as apartments, dates or baseball tickets, i...
SOURCE: CNET NEWS.com Security pro: Windows easier to 'own' Published: August 13, 2004, 12:47 PM PDT By Robert Lemos Staff Writer, CNET News.com Microsoft has been waiting for security researchers to say that its Windows operating system has a lower total cost of ownership. One finally has, but that's not good news. On Friday, David Aitel, a noted security professional and managing director of vulnerability assessment firm Immunity, published a paper stating that "owning" a ...
SOURCE: NY Times Controversial Overtime Rules Take Effect By STEVEN GREENHOUSE Published: August 23, 2004 The Bush administration's new overtime rules go into effect today, but the Kerry campaign has already begun attacking the overhauled regulations, saying they will hurt millions of American workers. Urging President Bush to scrap the rules, the Kerry campaign and organized labor say the regulations will exempt up to six million additional workers from receiving overtime ...
SOURCE: NY Times Google's Offering Proves Stock Auctions Can Really Work By FLOYD NORRIS Published: August 23, 2004 It worked. Google's auction process, both criticized and feared on Wall Street, could have gone much more smoothly, and investors might yet regret putting money into a company that plans to go its own way regardless of what others think. But the fact is that Google managed to go public at a very attractive valuation - many times higher, for example, than the ...
SOURCE: NYTIMES An Oil Shock That Could Be an Economic Stimulus in Disguise By EDUARDO PORTER Published: August 21, 2004 How much will expensive oil hurt? Over the last 30 years, the United States has been driven into recession three times by abrupt surges in the price of oil. As the price of crude has surged over the last two weeks, reaching new heights almost daily, some economists have begun to worry that the current "oil shock" will slam the brakes on the nation's econom...
SOURCE: CNET NEWS.com A billion PC users on the way Published: August 2, 2004, 4:00 AM PDT By Michael Kanellos Staff Writer, CNET News.com By the end of the decade, a billion people will be clicking away at computers, but generating a profit out of newly wired portions of the world is going to take a lot of work. The number of PC users is expected to hit or exceed 1 billion by 2010, up from around 660 million to 670 million today, fueled primarily by new adopters in develo...
SOURCE: CNET NEWS.com Offshoring: A view from both shores June 29, 2004, 5:51 AM PT By Ed Frauenheim Staff Writer, CNET News.com Vivek Paul occupies a unique vantage point in the controversy roiling the technology industry over offshore outsourcing. An American citizen, Paul also is a native of India and chief executive officer of Wipro Technologies, one of that country's largest IT service companies. Many American techies are increasingly bitter about the pickup in the stre...
SOURCE: NY Times Toys 'R' Us May Sell Global Toy Business By REUTERS Published: August 11, 2004 Filed at 6:23 p.m. ET NEW YORK (Reuters) - Retailer Toys R Us Inc. (TOY.N), slammed by intense competition from discounters such as Wal-Mart, may sell its toy business and focus on its fast-growing Babies R Us unit, the company said Wednesday. Toys R Us, whose shares fell 6 percent on the news but later recovered, said it plans to separate the ownership of its two businesses and i...
Long ago, I thought to myself that a website that had products to sell might be better off if the content on the site keeps those who browse around there. It was very much "in" back when the bubble was huge and went away like the dinosaur when the bubble burst. Now its back... maybe??? This article from the NY Times talks about how some net sites, like Vegas.com, have started to have more content then just come here to buy stuff. Instead of 10 staff writers, now they have 12. Reviewing ...
SOURCE: CNET NEWS.com eBay's music foray lacks volume Published: August 3, 2004, 4:00 AM PDT By John Borland Staff Writer, CNET News.com Just hours after eBay announced its new music download site, a handful of songs popped up for sale--a sure sign of intense interest in the company's plans to take on iTunes and others. It was the wrong sign. The files had been posted by people who were not authorized to sell music in the six-month test and were quickly removed. The site...
SOUCRE: CNET NEWS.com Is Apple becoming the Microsoft of music? Editor's Pick from around the web The iPod is designed to play music purchased from Apple Computer's iTunes service and files in the MP3 format, but not songs from all competitors. So RealNetworks released software this week that allows its music to be played on the portable device, much to Apple's consternation. Has Real adopted the "tactics and ethics of a hacker," as Apple puts it, or has the Mac maker taken a pag...
SOURCE: CNN Open-source software running the Internet under the radar Tuesday, July 20, 2004 Posted: 10:05 AM EDT (1405 GMT) SAN JOSE, California (AP) -- It powers more than 70 percent of all Web servers and routes much of the world's e-mail traffic. It makes surfing the Internet simple and provides the muscle behind Google Inc.'s search engine and countless e-commerce sites. It's open-source software, a wide spectrum of programs developed not under the lock and key of a single...
SOURCE: CNN Cell service may be next wave in cruise technology Wednesday, July 21, 2004 Posted: 10:33 AM EDT (1433 GMT) MIAMI, Florida (AP) -- Pam Lome loves sitting on the deck when she's on a cruise, the shoreline shrinking on the horizon as the ship pulls out to sea. It's relaxing to know that, at least for a short time, she's leaving her everyday troubles behind. "It's supposed to be a way to get away from it all," said Lome, a 45-year-old former travel agent from Buffalo G...
SOURCE: Netscape Money and Business Google Opens Site to Register Bidders By MICHAEL LIEDTKE SAN FRANCISCO (AP) - Google Inc.'s highly anticipated IPO took a major step toward reaching the stock market late Friday when the online search engine leader opened the Web site where prospective investors must register to bid for the company's shares. The site, www.ipo.google.com, is meant to be the first stop for anyone interested in getting a piece of an initial public offering expect...
SOURCE: CNN Money CEO pay hikes double Corporate Library survey finds median raise for S&P 500 CEO was 22.18% in 2003. July 28, 2004: 8:34 AM EDT NEW YORK (CNN/Money) - The CEO's at the nation's largest companies saw their raises more than doubled in 2003 as the median raise handed out by S&P 500 companies to their top executives was 22.18 percent, according to a study by The Corporate Library. The watchdog group said that stock options and awards of restricted stock dro...