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E-commerce

Baidu launching online-video company

High-quality online video has been in high demand in China, and Chinese search provider Baidu is hoping to fulfill that need.

Baidu announced on Wednesday that it is creating an independent company to offer premium online videos to Chinese Internet users. The new entity is designed to work with content providers to supply copyrighted material, including movies, TV shows, sports, and animation, and it will generate its revenue through advertisements.

"As China's Internet industry evolves, we have seen increasing demand for high-quality video content on our search platform. By establishing this new company, we will be able to … Read more

Amazon beefs up wireless Kindle family

Amazon.com announced late Tuesday that it is expanding its Kindle e-book reader family with the addition of a "global wireless" Kindle DX.

The larger Kindle DX, which features a 9.7-inch electronic ink display, will allow wireless downloads of books in more than 100 countries. The retailer is taking pre-orders for the $489 e-reader and plans to ship them to customers beginning January 19.

Amazon, which introduced a smaller 6-inch version of the wireless Kindle last October, said the new e-reader has a PDF reader, auto-rotate capability, and 3.3GB of memory for storage of up to … Read more

Study: Three-quarters of U.S. adults use Internet

Nearly three-quarters of American adults use the Internet, more than half connect wirelessly via laptop or handheld, and 60 percent use broadband connections at home, according to a survey released Tuesday.

The Pew Research Center survey (PDF) also found that Internet users in the U.S. tend to be young, white, and educated, with an equal distribution between men and women.

The results show that 74 percent of people surveyed use the Internet. Other demographics are:

93 percent of people between the ages of 18 and 29 years old said they use the Web, followed by 81 percent in the … Read more

Online holiday sales hit $27 billion

Holiday shoppers brought good cheer to e-commerce retailers, spending $27 billion online from November 1 through December 24, a 5 percent jump over last year, ComScore reported Wednesday.

The period from Black Friday through Christmas Eve was also bright and merry as sales grew by around 3.5 percent, even after adjusting for an additional shopping day this year. Consumer electronics proved to be the hottest selling category, rising 20 percent. Larger retailers outpaced smaller vendors thanks in part to their use of free shipping and marketing via social-networking sites, said ComScore.

The growth in this year's online holiday … Read more

Amazon touts top products of 2009

The Kindle e-reader, the Nintendo Wii, and an Asus Netbook were among the top tech items for Amazon customers in 2009.

The retail giant touted three "Best of 2009" lists on Wednesday, revealing the best selling, most wished for, and favorite gift items chosen by Amazon consumers for the year. The company also introduced its Bestsellers Archive, which can show historical popularity among several categories, including print books, Kindle books, music downloads, movies and TV shows, and video games.

Amazon has been relentlessly proclaiming the popularity of its Kindle device, though it just as steadfastly has declined to … Read more

Snowstorm blankets Web with high shopping traffic

A blizzard that pelted much of the Eastern Seaboard with over a foot of snow also led to a spike in last-minute online holiday shopping last weekend, traffic firm ComScore said Tuesday.

Online shopping continues to eat up a bigger chunk of holiday retail each year, but this season, with roads snowbound and temperatures well below freezing in some of the most populous areas of the country at the tail end of the holiday season, it was even more than usual. (Several cities in the mid-Atlantic, like Philadelphia and Washington, D.C., pulled in more snow in a single snowfall … Read more

iTunes U breaks 100 million downloads

The education-specific channel of its iTunes Store, launched in 2007, has reached a new milestone, recording more than 100 million downloads, Apple told CNET on Friday.

According to Apple, one of the most popular areas of iTunes U has been that of the United Kingdom-based Open University (iTunes link), whose learning categories include Arts and Humanities, Business and Management, Childhood and Youth, Health and Social Care, Law, Psychology, and Science. The academic institution says it caters to at least 150,000 undergraduate and 30,000 postgraduate students, more than 25,000 of whom live outside the U.K.

More than … Read more

Top ad trends list spotlights online behavior

Research firm Nielsen has released its top advertising trends for 2010. Not surprisingly the leading trend is the ability to measure activity that merges online and offline purchasing behavior, addressing the fact that users have expanded options for how they consume content and how they interact with brands.

Nielsen data shows that "time spent on each of the three screens--TV, PC and mobile--is increasing. In particular, the consumption of video content is on the rise across all platforms."

Top advertising trends for 2010

Optimizing media convergence is a top priority New models emerge to take advantage of smartphones … Read more

2009 holiday sales online: $19.9 billion and counting

This year's online holiday-shopping season has topped $19.9 billion so far--a 3 percent jump over the same period in 2008, according to ComScore.

Online sales were bolstered last week when consumers spent more than $800 million on two separate days, ComScore said. On Thursday, for example, consumers coughed up $852 million.

Monday has the potential to produce the best day of this year's holiday-shopping season, which started November 1 in ComScore's stats.

ComScore Chairman Gian Fulgoni said that Monday "represents our best opportunity to finally surpass that elusive $900 million spending threshold. The early part … Read more

Amazon EC2 cloud service hit by botnet, outage

The folks who run Amazon's EC2 cloud service must be happy the week is nearly over.

The cloud-based EC2 (Elastic Compute Cloud) was kept jumping this past week by two incidents: a compromised internal service that triggered a botnet, and a data center power failure in Virginia.

On Wednesday, security researchers for CA found that a variant of the infamous password-stealing Zeus banking Trojan had infected client computers after hackers were able to compromise a site on EC2 and use it as their own C&C (command and control) operation.

Don DeBolt, Director of Threat Research for CA Internet Security Business Unit, told CNET that the botnet first came to light while his firm was reviewing spam and found one with a URL for a piece of malware called xmas2.exe, described in a blog. After examining the file, DeBolt discovered it was a variant of the Zeus bot that was calling home to a computer inside Amazon Web Services, which houses EC2.

As a keylogger, Zeus is known to specifically capture bank account information, noted DeBolt, and was trying to perform the same crime in this case. The bot was also attempting to report the IP addresses of any clients that were infected via spam. The cybercrooks reportedly snuck their way into EC2 by gaining access through a site hosted on Amazon's service.

Once the bot was discovered, DeBolt and his team contacted Amazon to provide all the information from their client-based analysis. Since then, the files that were serving up the botnet on Amazon's side are no longer active.… Read more