Business Services Industry

Late News.(includes various information)(Brief Article)(Statistical Data Included)

B to B, March, 2001

Merrill slashes Web ad forecast

Merrill Lynch & Co. Inc. has scaled back its 2001 online advertising estimate, by 25%, to $6 billion. In January, Merrill predicted 2001 online ad spending would match 2000's $8 billion total.

Women-owned firms spend big

Women-owned businesses spent about $18.5 billion online in 2000, or 46% of all online spending by small businesses, a study by Cyber Dialogue found. ``Women-owned firms are strongly concentrated in the two highest-value spending segments of retail and business services, which together account for 48% of all b-to-b online spending,'' said Cyber Dialogue senior analyst Joie Anderson.

Compaq lays off

5,000 employees

Compaq Computer Corp. announced it will fire 5,000...

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