Archive

Razorfish (Nasdaq: RAZF) reversed a reported after-hours decline to trade up 11 U.S. cents at $1.33 Friday morning, after officials reportedly predicted a better second quarter than analysts expected. After the close of trading Thursday, Razorfish reported a first-quarter loss and said that top exe...

iVillage (Nasdaq: IVIL) fell 18 U.S. cents to $1.05 in morning trading Friday after the company, which operates Web sites aimed at women, reported a drop in revenue for the first quarter ended March 31st. However, the New York-based company managed to narrow its loss from a year earlier as it cut c...

Microsoft announced Thursday that it had taken legal action against two online Florida businesses for alleged distribution of counterfeit software. Additionally, Microsoft announced that it had been awarded a total of $162,000 in settlements and judgments stemming from legal actions the company h...

News flash: Online car buyers confused. Wait a minute, you say. Is that news? Car buying is for many consumers the most dreaded, anxiety-provoking consumer experience. Well, the fact that online car buying has followed the lead of its real-world counterpart is news -- and bad news at that -- ...

A new car company offering customized automobiles over the Internet has been formed through the merger of online car sales company Model E and Flint, Inc. a start-up created by CarsDirect.com co-founder Scott Painter. The new venture will be called Build-To-Order, or BTOauto.com. "It's about the ...

DirectGroup Bertelsmann, parent company of CDNow and part-owner of Barnesandnoble.com, said Friday that it will buy e-mail marketing and e-commerce firm Zooba.com. DirectGroup, the corporate division that integrates Bertelsmann's direct-to-customer businesses, said that it plans to transfer half o...

If you were an angel in Brooklyn -- the kind of angel, that is, who contributes to funds that are meant to help entrepreneurs have a shot at the big time -- would you bless a new dot-com or a corner grocery store? Asked a year ago, the number of dot-com angels would have been much greater than a...

HotJobs.com (Nasdaq: HOTJ) picked up 75 U.S. cents to $6.15 in morning trading Thursday, after the online recruiting services company reported a narrower loss for the first quarter and said that it will post an operating profit sooner than previously expected. The 16 cent loss was smaller than b...

Handspring (Nasdaq: HAND) fell US$2.44 to $15.06 in morning trading Thursday, after Lehman Brothers downgraded the stock to buy from strong buy. Lehman analyst Joseph To reportedly told clients that the decision by Handspring competitor Palm (Nasdaq: PALM) to slash prices and get more of its hand...

Hit hard by a precipitous drop in sales, beleaguered Internet retailer Buy.com reported Wednesday that its first-quarter revenue plummeted 40 percent from the year-ago period and warned that its second-quarter revenue would see an even deeper decline. The Aliso Viejo, California-based company sai...

An online business directory designed to make business-to-business (B2B) e-commerce simpler and more efficient went live Wednesday. In addition to providing basic company information, the Universal Description, Discovery and Integration (UDDI) allows businesses to list their products and service...

North American e-commerce revenue is expected to grow 46 percent by the end of 2001 compared to a year earlier, to just over US$65 billion, according to a retailer survey released Wednesday by the Boston Consulting Group and Shop.org. In addition, the report predicted that online retailing will s...

Prices for consumer collectibles on leading person-to-person auction site eBay have dropped an average of 25 percent in the past year, while at the same time the number of listings has increased, according to a report released Thursday by AuctionBytes.com. AuctionBytes President David Steiner to...

IBM went on a bit of a shopping spree late last month, dropping US$80 million over here for Internet consultant Mainspring and another $1 billion over there for database company Informix. Intel has been buying too, figuring you can't get more of a buyer's market than you have right now. So wher...

i2 Technologies (Nasdaq: ITWO) rose US$2.32 to $20.09 in morning trading Wednesday, after the e-commerce software maker promoted its president, Greg Brady, to the added post of chief executive officer. Brady takes over from Sanjiv Sidhu, who will continue as chairman of the Dallas, Texas-based c...