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Tag Archive: Monday

Cyber Monday Spending Up 15 Per Cent

They call it Cyber Monday, the first working day after Thanksgiving, when online spending is at its highest and sets the tone for the holiday retail season. A strong Cyber Monday bodes for a good season. A poor one, and well…

So how did this year’s Internet version of Groundhog Day fare? It should leave retailers smiling, up 15% on last year with $846 in sales, making it the second-busiest shopping online day in history, according to comScore.

The four-day weekend “saw e-commerce spending jump 13 percent as both weekend days and Monday all achieved double-digit gains,” the company reported. However, in the holiday season so far, online spending is down 2%, at $12.03 billion.  Read more...

Online Shoppers Make Record Cyber Monday

The Thanksgiving retail buzz might center around “Black Friday,” the day after Thanksgiving when traditional retailers tend to throw out all the stops to get holiday shoppers in their doors…and finally convert their bottom lines from the red to the black. But so-called “Cyber Monday”—the first “work day” of the week after Thanksgiving—has taken on new significance as shoppers go online to pick up deals they missed in stores. Or, in some cases, perhaps decided to avoid altogether.  Read more...

Getting Shoppers Ready for Cyber Monday

While one of the biggest brick and mortar retail shopping days of the year is Black Friday (the day after Thanksgiving), what is coming to be known as one of the biggest virtual shopping days of the year happens the following Monday.

Called Cyber Monday by Shop.org, an association for retailers online, 77 percent of online retailers said that their sales increased substantially last year on the Monday after Thanksgiving. This is according to the Shop.org/BizRate Research 2005 eHoliday Mood Study. Shop.org said experts believe that an increase in web traffic could stem from the fact that consumers may have faster or more secure Internet connections at work and choose to shop there, or that they were unable to finish all of their shopping over the Thanksgiving weekend.  Read more...

HP Sued For Misclassifying Employees

“The lawsuit, filed Monday in U.S. District Court in Boise, claims that the misclassification denied benefits such as health insurance, vacation and sick leave, and retirement plans to more than3,000 HP workers throughout the United States. The suit seeks more than $300 million in damages.

The 33 named plaintiffs, most from the company’s Boise plant, claim they qualify as employees instead of contractors under a questionnaire used to determine employee status by the Internal Revenue Service. “

Read more at InformationWeek

Source: Associated Press

Matsushita, Hitachi In Plasma Display Deal

The presidents of the two companies will give a news conference Monday detailing the agreement, both sides said Monday.

South Korean manufacturers are turning up the heat with increased plasma panel production. As a result margins are shrinking and the Japanese electronics manufacturers have to find new ways to be profitable.

Hitachi announced last week that they would be buying technology from rival Fujitsu and taking an 80 percent stake in their PDP venture with the company.

Sony Electronics has gone on record as stating they would be focusing on liquid-crystal displays. But then again, Sony is already partnered with Samsung Electronics in the LCD business.

Instant Messenger Services War Heats Up

On Monday, Yahoo Inc. launched Internet radio and other new services around its messaging software. Microsoft Corp., meanwhile, is leveraging IM as a subscription gaming hub, while America Online Inc. is packaging weather.

“They are becoming much more of a destination as opposed to just a communications front-end,” Rob Enderle, an independent analyst in San Jose, Calif., said of instant-messaging services. “They want to own the user experience.”

Read more at Globe Technology.

Microsoft, Lindows Head To Court Wednesday

Lindows said Monday that U.S. District Court Judge John C. Coughenour had granted it an expedited hearing for a motion seeking to stop Microsoft from suing the company abroad until the case had been decided in the U.S. and to declare an Amsterdam judge’s preliminary injunction against it as unenforceable and non-recognizable.

Read the full story at IT World.

Worm Disguises Self As Microsoft Patch

Sober.D, discovered on Monday, is technically similar to its previous incarnation as Sober.C, where it used its own SMTP engine to send copies of itself to e-mail addresses found on infected systems. But the latest version displays fake Microsoft warnings and error messages.

Read more at CNET News.com.

TI To Make Phone On Chip By Year’s End

Texas Instruments on Monday said it will unveil digital radio technology it says will allow it to combine multiple cellular phone functions into one digital chip by the end of this year.

Read the whole story at Yahoo! news.

Read Texas Instruments’ press release here.

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