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After concerns that e-commerce spending was growing well behind the rate that it grew last year, the pace picked up some in recent days.

According to comScore, online spending from November 1 to December 18 was up 19% to $25 billion. On Monday, December 17, e-commerce revenue jumped 33% and on December 18 it rose 25%.

The news may come as some relief to those who believed that customers shopping on the web were beginning to pull back. It now appears that they may have simply waited to see if discounts would improve as Christmas got closer. Shares in some e-commerce companies like Amazon (NASDAQ: AMZN) have come under some selling pressure.

The holidays may not be so bad after all.

Douglas A. McInyre is an editor at 247wallst.com.

New e-commerce numbers paint cheerier picture originally appeared on BloggingStocks on Fri, 21 Dec 2007 08:21:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>AmazonAMZNe-commercee-tailinthenewsonline salesOnlineSalesretailsalesFri, 21 Dec 2007 08:21:00 EST<![CDATA[Amazon.com retiring CTO Rick Dalzell leaves behind large legacy]]>http://www.bloggingstocks.com/2007/10/22/amazon-com-retiring-cto-rick-dalzell-leaves-behind-large-legacy/http://www.bloggingstocks.com/2007/10/22/amazon-com-retiring-cto-rick-dalzell-leaves-behind-large-legacy/http://www.bloggingstocks.com/2007/10/22/amazon-com-retiring-cto-rick-dalzell-leaves-behind-large-legacy/#commentsFiled under: , , , ,

Amazon (NASDAQ: AMZN) logoWhen Jeff Bezos came to Seattle a little over 10 years ago to set up an online bookstore (before the word 'internet' was a household term), little did he know that his company, Amazon.com (NASDAQ: AMZN) -- would become the world's largest online retailer.

With a retail product selection that is second to none and an IT infrastructure that rivals any Fortune 500 company's global operations, Amazon.com has done amazing things in the last decade. One of them includes becoming profitable more than a few years ago, way after going public in 1997.

But times change, and longtime Chief Technical Officer Rick Dalzell is leaving the company. Dalzell is widely credited with building the systems that made Amazon the online retailing leader, as well as creating a global computer infrastructure that allows other companies to "borrow" computer time from Amazon for computing tasks (instead of buying computer servers themselves). In a way, Amazon has been a role model for distributed computing practices just as much as changing the face of retailing.

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Amazon.com retiring CTO Rick Dalzell leaves behind large legacy originally appeared on BloggingStocks on Mon, 22 Oct 2007 14:11:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>AmazonAmazon chief technical officeAmazon.comAmazonCtoAMZNChief technical officerChiefTechnicalOfficere-tailinthenewsmanagementretailRick DalzellRickDalzellMon, 22 Oct 2007 14:11:00 EST