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Archives - E-Commerce

CyberTerrorists hit CastingTrade (4/10/01)
Ariba: "Earnings Shortfall," Layoffs (04/03/2001)
New e-commerce name: SAP

CyberTerrorists hit CastingTrade - The CastingTrade home page was temporarily unavailable late yesterday afternoon after hackers attacked our web hosting service. (Currently, all CastingTrade functionalities are "open," with all information freely available to marketplace participants, and so we do not use a high security hosting service.) None of the other parts of the site (i.e. the other pages) was affected, and the home page was restored after a few hours.(4/10/01)
Ariba: "Earnings Shortfall," Layoffs -- E-Commerce software provider Ariba, which had been flying so high that it was able to purchase SupplierMarkets for $900 million last summer, today announced a loss for the latest quarter. Ominously, Ariba said it will lay off one third of its staff -- 700 workers. The Wall Street Journal quoted Credit Suisse First Boston analyst Brent Thill as saying, "the tech companies are all being impacted by the same virus. No companies want to embrace new technology at the same time that they are laying off 20% of their staffs." (04/03/2001)
New e-commerce name: SAP -- The German software giant, SAP, whose "enterprise resource planning (ERP)" software appears to becoming nearly ubiquitous, made a major announcement of its future direction this week before a conference of 9,000 users in Lisbon. SAP has developed a product together with U.S. e-commerce software company Commerce One to serve "private exchanges" -- virtual marketplaces linking a company to its business partners but closed to competitors. This approach is distinct from public exchanges which are open to all market participants.
   
   
 
 


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