The electronic analog of standing in grocery lines

Published: 27 April 1999 y., Tuesday
eBay Inc., the booming online auction site unveiled a service called Personal Shopper, created with technology from NetMind Technologies Inc. Personal Shopper wades through eBay_s massive inventory and sends users e-mail when an item they want becomes available at a specified price. Meanwhile, Inktomi Corp. agreed Thursday to acquire Impulse Buy Network for about $113 million in stock. Impulse Buy provides technology for banner ads and special messages that flash, blink or scroll on-screen -- the online equivalent of special shelf or counter displays designed to boost spur-of-the-moment purchases. Personal Shopper "allows our customers to shop 24 hours a day, or to shop with their eyes closed," said B. Swette, senior vice president of marketing at San Jose-based eBay. The service uses so-called "change detection" technology made by Campbell-based NetMind. The technology monitors any kind of information on the Web, down to considerable levels of detail, and sends alerts when that information changes. The alerts can be sent out over the Web, e-mail, pager of cellular phone. "The first really killer application on the Web was search," said M. Freivald, president and chief executive of NetMind. Meanwhile, Inktomi, a leader in software used by Web companies such as Yahoo Inc., America Online Inc. and GeoCities, will use Impulse Buy_s technology to supplement its online shopping software, due out at the end of the quarter. The San Mateo company started out selling search-engine software and caching, or software that boosts network performance. Now, Inktomi is rapidly moving into the business of making online shopping technology. Inktomi is growing rapidly but is not yet profitable.
Šaltinis: Mercury News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

iPhone5 will go on sale in September

A new generation of smart phone "iPhone5" will go on sale in September. more »

Combination Memory

The Collector USB Flash Drive is one awesome concept that I’d love to see on shelves. more »

Google Invests $168 Million In BrightSource Energy Solar Power Plant In The Mojave

Internet Giant Google announced that they will be investing $168 million in a solar energy power plant being developed in the Mojave Desert by the startup BrightSource Energy. more »

Batteries - recharged within minutes

New battery in your phone or laptop, that is charged hundreds of times faster. more »

Facebook shares green data centre technology secrets

Facebook has announced that it will share the design secrets behind its new energy-efficient data centre with rival companies. more »

ASUS Releases the New ASUS-Automobili Lamborghini VX7 notebook

The powerful new 15.6” ASUS-Automobili Lamborghini VX7 offers a completely revamped notebook experience... more »

Moonwatch clock

Moonwatch clock is designed to determine the relation between lunar cycle and human emotions. more »

Apple, Google, Amazon and Microsoft Make Up 4 Of The Top 10 Most Admired Companies

Every year, Fortune magazine comes out with its list of the Most Admired Companies in the world. more »

NASA spacecraft snaps Mercury

NASA's Messenger spacecraft delivers its first photos of Mercury and the first images ever taken from the rocky planet's own orbit. more »

Social media seminar looks at role of Facebook et al in European discourse

What is the current role and likely future role of social media tools like Facebook and Twitter in framing European discourse? more »