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

New report reveals consumer attitudes toward self-service technology

The Self-Service and Kiosk Association has published its 2009 Self-Service Consumer Survey, a comprehensive report that reveals what consumers like and dislike about self-service technology — and what they want more of. more »

“Gold-To-Go“ ATMs to hit Europe, Asia

Private investors should hold up to 15 percent of their wealth in physical gold, according to a German asset-management company that plans to set up 500 "Gold-To-Go" ATMs in Germany, Switzerland and Austria sometime this year. more »

New reports says U.S. FIs expect debit, ATM fraud to grow in 2009

ATM and debit card theft is expected to grow 10 percent to 14 percent this year, according to a survey of financial institutions that was released today. more »

Chocolate-powered racing car

Built from potatoes, steered with carrots and powered by chocolate. more »

Robot teacher wows Japan students

Students at a Tokyo elementary school are waiting quietly for a "special lecturer" in science class. But when they see "Saya", a robot relief teacher, the kids are pleasantly surprised. more »

E-readers - newspapers last best hope?

This week - the New York Times announced a deal with e-commerce giant Amazon timed to the release of its latest Kindle e-book device. more »

Wincor ATMs now housed in telephone booths in South Korea

Wincor Nixdorf AG and NICE Banking, an independent ATM deployer in South Korea, have partnered to grow a network of ATMs at sites owned by the country's top communications provider, Korea Telecom. more »

“Internet has to be free, but not regulation free” - Harbour on telecoms package

“The telecoms package has never been about anything to do with restrictions on the internet,” Malcolm Harbour told us ahead of Parliament's debate Tuesday on the telecoms package, which aims to reform the existing European electronic communications framework. more »

Ministerial Conference Safer Internet for Children

On 20 April 2009 the Prague Congress Centre will host a ministerial conference Safer Internet for Children, which is organised by the Ministry of the Interior in cooperation with the European Commission. more »

2008 was a year of security, payment card breaches, report says

Payment card breaches in 2008 led to the most compromises and security breaches of record in the last four years, according to a new report from Verizon Business. more »