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

Intel To Beef Up Facilities in Ireland

Intel envisions leading-edge chip production to begin at Fab 24-2, its new facility in Ireland, by 2006 more »

Transmeta Joins Microsoft's 'NX' Club

Transmeta will add a new antivirus technology standard to its next round of low-power chips, the company said Monday more »

Welcome summer with the new “Skynet” entertainment

There is plenty of entertainment on „Skynet“ network that are designed for the users of the inside network. One can watch stereo quality video recordings and listen to Internet radio with the help of the high-speed Internet. And there are more... more »

Net portal wars

Rivals Yahoo and Google launched assaults on each other's territory as the fight for the Internet search dollars heated up more »

The deal

Ruling delayed on huge Microsoft attorney fees more »

Diebold finds e-voting business stormy

After the Florida punch-card debacle hurt the credibility of the last presidential election, ATM maker Diebold decided it should expand into electronic voting more »

EC opens ears on e-money directive

The European Commission has opened a consultation period on its controversial "e-money" directive more »

Ready, Willing & Able

Fujitsu Siemens Computers plans to considerably strengthen its position on the Polish information technology market by taking advantage of opportunities offered by Poland's accession to the European Union more »

Estonia embraces web without wires

There is a new revolution brewing along Tallinn's ancient stone streets and inside its charming Gothic buildings. more »

Web services find way to devices

New Web services technology makes it easier for users to connect devices over a network more »