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For those who think Koogle, Singh, Rubenstein and Mallet is a law firm, Yahoo! wants you to know otherwise. This mighty quartet of international Internet business minds once helmed one of the most powerful new economy companies in the world. Now, all but one, chief operating officer Mallett, h...

With European e-commerce lagging some 18 months or so behind that in the States, the U.S. dot-com shakeout has served as a highly visible business lesson for European e-tailers -- helping to prevent them from making many of the same mistakes. "Europe's fall with the dot-coms wasn't as painful as...

Despite years of success at the business of matchmaking, real-world dating services are in a losing battle with the Web for a couple of reasons. Well, actually three reasons. Wait, make that four or five or six reasons. The bottom line is that offline dating services simply cannot compete with wh...

E-Stamp completed its ongoing transformation from an Internet postage business Friday, announcing it is merging with Learn2.com to focus on the corporate e-learning market. E-Stamp will phase out its shipping and logistics services. The new company, to be called Learn2 Corporation, will have approx...

Nortel Networks (NYSE: NT) fell 38 U.S. cents to $17.42 in morning trading Friday, after the telecom company reported a quarterly loss and said it will lay off more workers. The Toronto, Canada-based communications company said that revenue for the first quarter ended March 31st slipped to US$6.18...

Commerce One (Nasdaq: CMRC) fell US$1.90 to $11.81 in morning trading Friday, after posting a wider first-quarter loss than a year earlier. Reports said that company officials warned of a loss for the second quarter as well. Analysts at CIBC World Markets, UBS Warburg and SG Cowen were all said t...

Microsoft (Nasdaq: MSFT) rose US$2.76 to $70.80 in morning trading Friday, after topping estimates for the third quarter ended March 31st. Analysts at Salomon Smith Barney, Thomas Wiesel Partners and Goldman Sachs reportedly upgraded Microsoft after the results were released. "Results were stro...

Gateway (NYSE: GTW) fell 42 U.S. cents to $17.60, after reporting a first-quarter loss that included restructuring charges. Charges are planned for the next two quarters as well. "We're making solid progress against our revitalization plans," said chairman and chief executive officer Ted Waitt. "I...

The U.S. Federal Trade Commission (FTC) said Thursday that three Web sites have agreed to pay US$100,000 in fines to settle the first prosecutions under a year-old law designed to protect children's identities online. The parent companies of Girlslife.com; Bigmailbox.com and Insidetheweb.com s...

IBM announced late Thursday that it is acquiring Internet business consulting firm Mainspring for approximately US$83 million in cash. Under the terms of the agreement, IBM will pay $4 a share in cash for all of Cambridge, Massachusetts-based Mainspring's outstanding common stock. "This acquisi...

Three advertising industry giants announced Thursday that they have agreed to jointly establish an electronic marketplace for buyers and sellers to conduct their media business dealings. Slated for a formal launch during the second quarter of this year, the new firm is being formed by the Interpu...

Adding to the recent wave of profitable earnings reports, eBay announced Thursday that net income for its first quarter 2001 was US$21.1 million, or 8 cents per diluted share. The earnings beat analyst predictions. "Despite our optimism for the future, we will continue to watch for signs of a d...

Amazon-backed Ashford.com (Nasdaq: ASFD) announced this week that it has received notice from the Nasdaq that the company no longer complies with the exchange's US$1 minimum bid requirement and that the stock faces delisting. The Houston, Texas-based luxury e-tailer has 90 days to comply with the r...

Online travel site Travelocity.com reported its first-ever profitable quarter Wednesday, just days after competitor Expedia.com said it has reached profits as well. Travelocity reported an operating profit of US$618,000, or 3 cents per share, on revenue of $72.9 million before several one-time ...

Online travel site Travelocity.com reported its first-ever profitable quarter Wednesday, just days after competitor Expedia.com said it has reached profits as well. Travelocity reported an operating profit of US$618,000, or 3 cents per share, on revenue of $72.9 million before several one-time ...