Overstock.com announced in January that it was rebranding its URL to O.co as a speedier online shortcut to its wares. In June, it unveiled the new name and logo at the O.co Coliseum in Oakland, CA (above) in time for a U2 concert, a signage change that following Overstock's six-year deal in April for naming rights to the home of NFL's Oakland Raiders and the Oakland Athletics MLB franchise.

"Our customers associate 'O' with Overstock.com, which made the transition to O.co seamless. As a Savings Engine, this is the next step in adding more visibility to our shortcut," said Overstock.com Chairman and CEO Patrick Byrne in a press release. "Naming the facility O.co Coliseum demonstrates our commitment to seeing through the execution of the new domain."

"Overstock.com is clearly at the forefront of digital marketing and their decision to use a .CO domain in such a big way, underscores their willingness to lead the market and to disrupt the status quo," commented Juan Diego Calle, CEO of .CO Internet SAS in the same release. "With the exponential growth of mobile commerce, where shaving milliseconds means gaining a strategic competitive advantage, customers around the world can now reach the company's products and services quickly and securely by simply typing O.co — the shortest possible URL in the world."

Now, however, the company is backing off from the new name because customers couldn't find its snappy new URL.Continue reading...

AARP unveils a new ad campaign targeting boomers this week.

Apple will unveil iCloud Android-fighter today at WWDC, as brand leads tablet market in China.

Bank of America and Goldman Sachs lead US bank stocks taking a beating.

Blip.tv ramps up original content to complete with YouTube.

Boeing faces labor strife.

Coca-Cola resists increasing prices.

Demi Moore adds "CNN reporter" to her credits with sex trafficking doc, a subject near and dear to her DNA Foundation.

E3 starts tommorow, where Nintendo will unveil its new Wii console, Sony will tout NGP (its new handheld gaming device) and Microsoft will promote Kinect and position Xbox as the hub of the home entertainment system.Continue reading...