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LookSmart (Nasdaq: LOOK) fell 0.781 to 2.312 early Friday after the Internet directory company warned that fourth-quarter results will be hurt by a slowdown in the online advertising market. The company also said it cut 172 jobs, or 31 percent of its workforce, as part of restructuring aimed at foc...

Hewlett-Packard Co. (NYSE: HWP) was down 1.25 at 31.125 in early trading Friday after the company lowered expectations for the first quarter ending January 31st. The Palo Alto, California-based computer maker said "worsening economic conditions" and a slowdown in U.S. corporate and consumer informa...

Priceline Europe, a licensee of the American "name-your-own-price" e-tailer, has secured US$25 million in funding from investment firm General Atlantic Partners, money that Priceline Europe hopes will allow it to continue building its expansion plans, the companies said Thursday. The latest infusio...

Digital River (Nasdaq: DRIV) rose 1.88 to 6 Thursday after the e-commerce services company said fourth-quarter results will be better than previously thought, and that a profit before expenses is expected in the fourth quarter of next year. Digital River said its software and digital commerce servi...

DoubleClick, Inc. (Nasdaq: DCLK) rose in early trading Friday, gaining 2.64 to 13.89 after the online advertising company beat analysts' expectations for fourth-quarter earnings, even as it warned about the outlook for the coming year. DoubleClick shares had fallen Thursday ahead of the company's...

Not so fast! What was supposed to be a slam dunk became a waiting game when the U.S. Federal Communications Commission (FCC) hesitated in approving the US$100 billion merger of America Online (AOL) and Time Warner. Consent was expected to be a mere formality, but word has it that at least one comm...

Yahoo! helped sink several dot-com stocks Thursday, a day after the company warned that earnings for 2001 will be hurt by slumping online advertising sales. Analysts said the company is setting its expectations very low, with the intention that Yahoo! would have nowhere to go but up. Yahoo! closed ...

Internet bellwether Yahoo! (Nasdaq: YHOO) fell $5.63 to $24.50 in after-hours trading Wednesday after meeting key Wall Street estimates by reporting fourth-quarter earnings of 13 cents per share, but warning that its first quarter and full-year 2001 earnings will be affected by the recent downturn ...

Canada Poised for B2B Boom

By 2005, 18 percent of all business-to-business (B2B) trade in Canada will be done online, according to a report released Wednesday by Forrester Research. The report, "Canada's B2B Future," found that online B2B transactions will account for US$182 billion of Canada's $1.03 trillion B2B market ...

Online financial services provider E*Trade announced Thursday that it has signed a definitive agreement to acquire online mortgage originator LoansDirect. Morningstar.com analyst Alyssa Sibley told the E-Commerce Times that the acquisition is "another indication of [E*Trade's] commitment to diversi...

The automotive industry is lagging far behind others in terms of e-business progress, according to a study released Wednesday by consulting firm KPMG. Brian Ambrose, national industry director of KPMG's automotive practice, told the E-Commerce Times that both automotive suppliers and original equip...

Citing sweeping antitrust concerns, 20 U.S. states have filed a letter with the U.S. Department of Transportation (DOT) voicing their concerns about the controversial Internet mega-travel site Orbitz. According to published reports, the filing by state attorneys general from New York, Iowa and ...

Heidi Miller, hailed as a potential savior for Priceline.com (Nasdaq: PCLN) when the e-tailer hired her last year as chief financial officer, said Wednesday she has taken a job in the insurance industry. Miller -- whom Fortune magazine in 1999 called the second most powerful female executive in th...

E-Loan, Inc. (EELN) gained 0.78 to 2.38 Wednesday after the online lending company said auto loan volume in the fourth quarter rose to a record US$320 million. The Dublin, California-based company said it originated 15,671 auto loans in the quarter, up 190 percent from a year earlier and 70 percent ...

American businesses are ignoring online opportunities overseas -- including the Asia-Pacific region, where Internet use is on track to outpace the United States within five years -- according to a study released Thursday by Jupiter Research. "Even though only a quarter of the global Internet popula...


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