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Active Voice Corp. (Nasdaq: ACVC) was among the few Nasdaq winners Friday, rising 4 1/8 to 19 1/16 after the messaging software maker agreed to be acquired by Cisco Systems, Inc. (Nasdaq: CSCO) for about $266 million in stock Cisco, which fell 3 3/16 to 50 1/16, said the acquisition will help it "deliver unified communications and a single, end-to-...
NetObjects, Inc. (Nasdaq: NETO) lost 3/8 to 2 1/8 Friday after the maker of Internet-based software missed analysts' estimates for the fourth quarter ended September 30th, reporting a wider loss and lower revenue The Redwood City, California-based provider of online business software and services said revenue for the quarter fell to $5.4 million fr...
Intel Corp. (Nasdaq: INTC) fell 4 3/8 to 37 Friday following reports of a downgrade by Morgan Stanley Dean Witter Morgan Stanley analyst Mark Edelstone reportedly lowered his rating on Intel to neutral from outperform because of a slowdown in demand for personal computers.
Hewlett-Packard Co. (NYSE: HWP) plunged in early trading Monday, losing 5 1/16 to 34 1/16 after the company missed analysts' fourth-quarter earnings expectations and dropped its plan to acquire the consulting division of securities firm PricewaterhouseCoopers The Palo Alto, California-based computer maker said revenue for the quarter ended October ...
IBM (NYSE: IBM) and e-commerce software company Mercantec announced Friday that they have formed a partnership to offer the first "pay-as-you-go" e-commerce package to Internet service providers (ISPs) In a move meant to target the small business sector, Big Blue will provide ISPs who sign up for the program all of the software and hardware necessa...
If you think it's a bad time to be a stuck-in-the-mud dot-com, imagine holding the bag for about 70 of them That's the situation that high-tech incubators Internet Capital Group (ICG) and CMGI find themselves in right now. But they best not look to me for pity.
Fearing that it may be falling behind the U.S. and Europe in Internet use and sophistication, Japan took the first major step last week toward becoming an e-commerce nation with the passage of the IT Basic Bill by the Lower House of the Diet (Japan's parliamentary body) The new law calls for an "electronic government" through the creation of a broa...
Despite the fact that Australia boasts one of the highest online penetration rates in the world, a study released Monday by Jupiter Research shows that marketers, advertisers and e-commerce firms have yet to capitalize on the country's Internet revenue opportunities According to Jupiter, 40 percent of Australians have access to the Internet. Howeve...
Although the recent failure of several high profile e-tailers has cast doubt on the viability of e-commerce, data from two new reports shows that experienced shoppers are poised to lead a rebound in the coming months "The European Online User Survey," released Monday by Jupiter Research, indicates that Internet shoppers spend more time and money on...
The anticipated online holiday shopping surge has yet to begin, according to a study released Monday by Nielsen//NetRatings (Nasdaq: NTRT), with top sites showing little or no growth in traffic during the first week in November The report, "Holiday E-Commerce Index," shows that key e-tail sites saw modest growth in traffic from the last week in Oct...
Hundreds of people -- including former James Bond actor Roger Moore -- had their secret Swiss bank account numbers, private addresses and money transfer details exposed to public online viewing because of a technical glitch at Credit Suisse, Switzerland's second largest bank Credit Suisse confirmed the glitch Thursday, saying that "data relating to...
As a result of intense pressure from anti-spam activists, major Internet service providers (ISPs), including AT&T Corp. (NYSE: T) and PSINet, Inc. (Nasdaq: PSIX) are taking steps to ensure their salespeople do not sign contracts with companies that send unsolicited commercial e-mail PSINet, an Ashburn, Virginia-based Internet infrastructure company...
eToys (Nasdaq: ETYS) fell 25/32 to 2 9/16 Wednesday following reports that Merrill Lynch analyst Henry Blodget downgraded the stock's long-term rating to neutral from accumulate J.P. Morgan analyst Tom Wyman also reportedly made some negative comments about the stock's long-term outlook, saying the e-tailer will not see an operating profit until 20...
Priceline.com (Nasdaq: PCLN) fell 1 1/32 to 3 1/4 Wednesday following reports that Maryann Keller, the former auto industry securities analyst who headed the e-tailer's auto group, resigned last week Keller's departure reportedly coincided with the exit of chief financial officer Heidi Miller.
Significantly more U.S. households are buying products on the Web, with the percentage jumping to 34 percent from 24 percent just a year ago, according to a survey released Wednesday by The Conference Board and NFO Research The study also found that while older Americans are buying online in ever-increasing numbers, the online shopping scene is sti...
Internet Capital Group, Inc. (Nasdaq: ICGE), an incubator for business-to-business (B2B) startups, said Wednesday that it will lay off 35 percent of its workers after reporting a third quarter loss that was wider than a year earlier The company said the layoffs would result in a charge of $25 million to $30 million (US$) in the fourth quarter, incl...
While Canadian e-commerce still has a long road to travel before catching up with the U.S., a study released Wednesday by the Canadian e-Business Opportunities Roundtable shows that the divide is steadily closing "We're pleased to see the gap narrowing as Canadian businesses increasingly embrace the digital tools that will keep them competitive," s...
Yahoo! (Nasdaq: YHOO) said Thursday it had reached an agreement to buy Kimo, the top Chinese-language portal in Taiwan, for approximately $146 million (US$) in stock Yahoo! said it will combine Kimo with two year-old Yahoo! Taiwan to target Asia's fourth-largest Internet market and create a base for future expansion into mainland China.
Just one week after beleaguered name-your-price e-tailer Priceline.com issued a discouraging third-quarter earnings report and slashed 16 percent of its workforce, the company confirmed reports Wednesday that a high-ranking executive has departed amid questions about the viability of auto sales on the Web According to published reports, Maryann Kel...
S1 Corp. (Nasdaq: SONE) was down 11/16 at 10 in early trading Wednesday after the e-commerce software maker said its loss for the third quarter was wider than a year earlier, due in part to a big charge for consolidating recent acquisitions Atlanta, Georgia-based S1, which provides software and services for online financial transactions, said reven...
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