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Cisco fell 69 U.S. cents to $18 in morning trading Monday, after the company's chief executive officer reportedly said that he expects the U.S. economy to remain in a slump for at least three more quarters. John Chambers, in an interview with the Financial Times, said that the outlook has gotten...

Conexant Systems (Nasdaq: CNXT) fell to US$10.94 in morning trading Monday, down 19 cents, after the communications chipmaker warned that continued weak demand and inventory overhang would result in a weaker-than-expected second fiscal quarter. The revenue drop will result in a loss of 35 t...

LSI Logic (NYSE: LSI) fell US$1.77 to $18.92 in morning trading Monday, after the company, which makes integrated circuits and storage systems, said it agreed to acquire communications processor maker C-Cube Microsystems for stock worth about $878 million. C-Cube shares jumped on the news, rising $...

One week after cutting 40 percent of its workforce, Homes.com filed for bankruptcy protection Friday. The bankruptcy filing came almost a year to the day after Homes.com garnered US$38.5 million in funding from some of the best-known venture capitalists in Silicon Valley. An attorney for the Me...

Playboy's flashy new online casino will be launched in Great Britain, and due to the unreasonably stringent gaming laws in the U.S., safeguards will be put in place to prevent any bets from being accepted from this side of the pond. That's unfortunate, since the online gambling market is curre...

When it comes to the Web, groceries are one thing, and not a very promising one at that. But what about prepared foods? It's possible that your corner pizza store could be quietly writing an e-commerce success story. In fact, hundreds of pizza shops are using the Web effectively. Some are going ...

Already reeling from the plummet in online advertising revenue, the major Internet portals are busy answering another question posed by their Web merchant partners: Are portals still able to turn Web surfers into Web shoppers? A study released this month by Consumer Reports Online found that p...

In another blow for the viability of high-ticket item online auctions, the much hyped live auction bidding of an exclusive set of Marilyn Monroe nude photographs on eBay ended without a sale Thursday evening. "Of course we're disappointed that the featured items did not meet the reserves, but tha...

Motorola (NYSE: MOT) rose 22 U.S. cents to $15.90 in morning trading Friday after the company said that it plans to cut approximately 4,000 jobs in its networks businesses. The Schaumburg, Illinois semiconductor maker said that it expects charges to first- and second-quarter earnings to cover the ...

The Pennsylvania Attorney General's office filed suit against a brick-and-click computer retailer Thursday for allegedly selling thousands of computer systems to U.S. consumers while failing to deliver the products they ordered. The suit, filed in Commonwealth Court in Pennsylvania, also maint...

Financier Carl Icahn said Thursday he is ready to put up US$400 million to help his discount travel Web site Lowestfare.com buy or build its own airline. "The business and last minute leisure traveler has been forced by the major airlines to pay inordinately high prices," said Lowestfare chairm...

WebMD (Nasdaq: HLTH) rose 67 U.S. cents to $6.50 Friday morning, after the company reported quarterly results that topped expectations and said that it is on track to reach a profit, before charges, by the end of this year. Analysts at SG Cowen reportedly upgraded WebMD shares to strong buy from b...

Internet retailers using strategic pricing for the Web are more likely to attain long-term success, according to a study released Wednesday by McKinsey & Company. "Improved pricing represents a large and as-yet untapped opportunity for pure plays and for traditional off-line companies tha...

The news that a Brooklyn, New York busboy allegedly stole the identities of nearly 200 of America's most rich and famous people, bilking them for millions of dollars with information gleaned via free Internet access at local libraries, is a signal that the personal data stored on the Internet r...

Amid the unfortunate prognostications about the fate of e-commerce sites, smart marketers are setting their sites on capturing untapped markets. So what about the up-and-coming market, the one that promises to be more tech-savvy and computer literate than ever before? What about kids?