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

Microsoft and Yahoo take on Google

Microsoft's Bing search engine will be the sole provider of search and paid search technology for all of Yahoo's websites. Yahoo will sell premium search ads for both companies. more »

Thales achieves Cat III approval at Bournemouth Airport

Thales UK today announces that its Cat III Instrument Landing System (ILS)1 has received UK approval for installation at Bournemouth Airport. more »

Shell service stations in Germany sign with Wincor for upgraded cash management

Postbank customers can now pay their fuel bills at Shell service stations and withdraw cash as stations in Hamburg, Germany, have been converted to the new technology from Wincor Nixdorf International. more »

Japan's virtual disaster training

Japanese company Crescent has simulated a series of emergency situations that people may have to deal with in the workplace. By practicing with these simulations they can learn how to cope with a real-life crisis. more »

'Hero' to take on the iPhone

The touchscreen device built on Google's Android platform equates to a bold attempt by HTC to take on Apple's popular iPhone - not by creating a copycat - but by building an attractive alternative. more »

ATMs reprogrammed to print out ATM, debit details on receipts

A devious piece of criminal coding that has been quietly at work in a clutch of ATMs at banks in Russia and Ukraine has recently been discovered. more »

MasterCard to launch mobile P-to-P payments, money transfer

In the person-to-person transfer business, text messaging is so 2008. more »

Wincor Nixdorf pioneers bank branch transformation in Indonesia

Bank Central Asia, one of Indonesia's largest banks, has partnered with Wincor Nixdorf International to rejuvenate its branch network. more »

Japan's robo-chefs

What's cooking at Tokyo's International Food Machinery and Technology Expo? For this robo-chef, it's okonomiaki, Japanese pancakes. more »

Signing into school with the iPhone

Taking attendance at Aoyama University used to be a chore, but no longer as the Japanese school is giving over 500 iPhones to students and faculty in an effort to enhance the classroom experience. more »