E-Commerce Blog

Networking giant Cisco Systems will shut down most of its American and Canadian offices from Dec. 29 to Jan. 2 in a move the San Jose, Calif.-based company says will save it about $1 billion. Cisco’s announcement is just the latest signal that technology companies are making efforts to cut costs as demand for new computing equipment slows down and a recession looms. Cisco’s stock was trading up nearly 4 percent to $16.02 per share in mid-day trading on Wednesday.

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Cisco to Go Dark for 5 Days in Cost-Savings Move

Google’s stock snapped out of its recent funk Tuesday after new data showed the Internet search leader is becoming even more dominant in the most lucrative part of the online advertising market. Internet research firms comScore and Nielsen Online both said the volume of search requests at Google has climbed substantially over the past year while rivals Yahoo and Microsoft are losing market share. The statistics, based on October search activity, bode well for Google’s fourth-quarter revenue.

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Google Investors Cheer Search Ad Market Reports

From its beginnings in 2006, when the online video advertising industry had little revenue, to an estimated revenue of over $900 million this year, the industry has exploded. Amir Ashkenazi, CEO of Adap.TV, a San Mateo, Calif.-based online video advertising platform provider, shares those thoughts in an exclusive interview with ECT News Network. He reports that the online video ad spend is projected to grow to about $3.9 billion to $4 billion by the year 2012. And he expects the continued movement of traditional TV advertising to the online space.

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The Survivors Will Be Stronger: Q&A With Adap.tv CEO Amir Ashkenazi

Apple is facing two more legal challenges against the iPhone. Los Angeles-based
EMG Technology filed a suit in the U.S. District Court in Texas claiming that the iPhone infringes on a patent approved last month by the Patent and Trademark Office. The patent is for an “apparatus and method of manipulating a region on a wireless device screen for viewing, zooming and scrolling Internet content.” In another case, an iPhone 3G user is seeking class status to sue for $5 million in restitution from Apple, claiming that the iPhone 3G does not perform as advertised.

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Litigants Lob More Lawsuits at Apple

About eight months ago, the owners of a sporting goods company contacted their attorney, Doug Wolf, a partner at Wolf Greenfield. It seemed a company was using the firm’s logo and trademark without proper authorization. Setting the matter right should have been a straightforward task for Wolf — except for the fact that the intellectual property theft was happening online, specifically in Second Life. The client didn’t even know who was controlling the avatar who had set up shop using its trademarks.

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Virtual Worlds: It’s a Legal Jungle in There