Industry News

Yahoo! back in court over Nazi auction issues
Yahoo! Inc. asked an appeals court to uphold a lower court's ruling that said the second-biggest Internet auction service doesn't have to obey a French court order to remove Nazi symbols from its Web site. (from Detroit News)

BT and LookSmart
to go their separate ways
LookSmart and BT Group (formerly British Telecommunications, plc) have agreed to close their joint venture, BT LookSmart, but UK LookSmart will go on

UK Yahoo! ad suspended following homophobia allegations
Television watchdogs have ordered internet company Yahoo! to pull its latest advertising campaign off air after complaints that it was homophobic. (From The Guardian)

Overture and CNN deal
AOL Time Warner's CNN news division Thursday said it will use Overture's commercial search results in several Web sites. (From Cnet)

Online shopping up 20%
Yahoo! finance reports on the latest MMXi figures

Klez worm is most prolific virus of the year
Sophos has identified over 7,000 viruses in the past year

Retailers lose out to online fraudsters
Gartner research reports that online retailers in the US will lose nearly USD500 million during the holiday shopping season due to fraud and suspect transactions (From NUA)

Global online population to hit 665 Million by the year end
eTForecasts predicts a sharp rise in the number of Internet users in 2002

Chinese web sensorship
The saga continues, CNN reports that 10% of sites are blocked

Big 4 search properties bringing 90% of online sales traffic
Web Side Story reports that Google, Yahoo, MSN, and AOL Account For More Than 90 Percent of Search Referrals to Shopping Web Sites