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E-Commerce Shrinks, Research Firm Says

Online shoppers are being frugal this holiday season. (Credit: Tim Sloan/Agence France-Presse — Getty Images)

E-Commerce Shrinks For The First Time

grinch-santa.jpgFor the first time since e-commerce took off, it's down this year. From Nov. 1 through 23, consumers spent $8.19 billion, according to comScore, via Bits. That's down 4% from the same time last year -- the first time that's happened.

E-Commerce Shrinks for First Time, Research Firm Says

Online shoppers are being frugal this holiday season. (Credit: Tim Sloan/Agence France-Presse — Getty Images)

Circuit City Shrinks In Bid to Save Cash

About one-fifth of Circuit City's locations are scheduled to close, including six in Maryland and Virginia, affecting roughly 7,300 U.S. employees.

Codex Digital Shrinks Digital Cinematography with new On-Camera Recorder

Codex Digital, specialist in high-resolution media recording and workflow systems, continues to shrink the world of digital cinematography for broadcast and motion picture production with the announcement of its new On-Camera solid-state recording system. The On-Camera, set to ship in Spring 2009, is packed with many of the same advanced features as the ground-breaking Codex Portable. It is designed to clip on to HD, 2K and 4K cameras, giving the camera crew the freedom to move anywhere around a set or location with enormous recording capacity.

comScore - ecommerce shrinks first 23 days of November, will Black Friday, Cyber Monday save the day?

It looks like the woes that had already befalled brick-and-mortar retail may have finally befallen online retailers. According to comScore, e-commerce sales in the first 23 days of November declined 4% from the same period last year.

US e-commerce shrinks for the first time ever

In a report published yesterday, comScore found that US consumers spent $8.19 billion online in November to date. That was down 4% from $8.51 billion during the same period last year. Never before has a year-on-year comparison yielded a negative rate of change.

Circuit City Shrinks In Bid to Save Cash: Retailer to Close 155 Stores, Cut 17% of Jobs

About one-fifth of Circuit City's locations are scheduled to close, including six in Maryland and Virginia, affecting roughly 7,300 U.S. employees.

Sony's Profit Shrinks by 72%, Pressured by Strong Yen and Slow Markets

Published: October 29, 2008-- TOKYO -- Sony reported a 72 percent drop in profit in the most recent quarter on Wednesday, hurt by a stronger yen and the global slowdown.

Bug-eyed lens shrinks wide-angle cameras

A prototype of a tiny bug-eyed camera that provides a field of view six times that of the conventional camera it’s designed to replace has been tested for the first time. The new system, called BugEye, is intended for use on missiles to keep track of targets but is also small enough to be used on endoscopes, giving an improved field of view in keyhole surgery.

Single-chip GPS receiver shrinks

Taiwanese vendor SkyTraq has announced a lower-power, higher-performance version of its single-chip GPS receiver for Linux, Windows Mobile, and CE devices. Compared to the earlier Venus634LP, the Venus 634LPx offers better cold start and tracking sensitivity, lower full-power tracking current, and a smaller 1cm

Bank signals more rate cuts as economy shrinks

LONDON (Reuters) - The economy will shrink sharply next year and inflation will tumble, the Bank of England predicted on Wednesday, suggesting that it will cut interest rates even below their current half-century low.

Panasonic BD-Live player's price tag shrinks

The DMP-BD50, Panasonic's entry-level BD-Live player, has still to be officially released, but has surfaced several times online at various price points. It has again appeared, at its lowest price yet.

Google defends market share

Google will defend or even grow advertising market share as global spending shrinks in the downturn because its "efficient" model is suited to hard times, chief technology advocate Michael Jones told Reuters.

Apple sued over iPhone web browsing

In a case filed at US District Court in Tyler, Texas EMG Technology filed suit over Apple’s use of web browsing technology that shrinks pages to fit smaller screens, which it says infringes U.S. Patent No. 7,441,196 that was awarded to EMG on 21 October.

Art Basel side scene may face tough times

Satellite events that depend on Art Basel's spillover crowds, publicity and funds could have a harder time this year as the art economy shrinks.

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