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Magic Software Enterprises (Nasdaq: MGIC) fell 1/8 to 2 3/8 Wednesday after announcing that fourth-quarter revenue and earnings will be below previous expectations. "Like many other technology companies, the current weakness in worldwide economic conditions, coupled with a slowdown in corporate IT ...

NetZero Suit Sends Juno Lower

Juno Online Services, Inc. (Nasdaq: JWEB) closed down 1/4 at 11/16 Wednesday after NetZero filed suit against the New York-based Internet access provider, alleging patent infringement. According to published reports, NetZero says Juno infringed on a patent it has on a kind of pop-up advertising th...

Network Associates, Inc. (Nasdaq: NETA) lost more than half its value Wednesday, plunging 7 1/4 to 4 1/2 after warning of a fourth-quarter loss and announcing the departures of three top managers. The Santa Clara, California-based provider of Internet security software said it expects a loss befor...

Few people quibble over smart card functionality. The cards -- embedded with a memory chip that can store everything from bank balances to prescription information -- are expected to increase the level of trust in e-commerce transactions for credit card companies, Web merchants and online shoppers a...

Online shopping sites received mixed performance reviews during the just-ended holiday shopping season, with overall performance "fair," according to a report released Wednesday by Keynote Systems. FedEx.com, VictoriasSecret.com, Buy.com and LandsEnd.com led in terms of overall speed and availabili...

Blue Martini Software (Nasdaq: BLUE) picked up 3 1/2 to 10 1/2 Tuesday after a favorable mention in Barron's magazine, reports said. The stock was reportedly cited as a top pick in the influential finance magazine, which was released over the holiday weekend. San Mateo, California-based Blue Martin...

Holiday shoppers more than doubled their online spending this year, according to numbers released Tuesday by Goldman Sachs and PC Data Online. From the first week of November through December 17th, online holiday shoppers spent US$8.7 billion, a 108 percent increase over the $4.2 billion consumers s...

NetCreations, Inc. (Nasdaq: NTCR) rose 3/32 to 6 25/32 Tuesday after the e-mail marketing company said it agreed to a US$7 per-share buyout by Italian Internet service provider SEAT Pagine Gialle SpA. The deal values NetCreations at a total of about $111 million. NetCreations said its board unanimo...

U.S. Targets eBay User Fraud

One eBay user has been arrested and another indicted on fraud and money laundering charges stemming from uncompleted auctions on the site, company officials said Tuesday. FBI spokeswoman Laura Bosley told the E-Commerce Times that the two investigations involve the alleged defrauding of nearly 250...

Yahoo! Inc. surged 1 5/8 to 31 3/16 Tuesday after the online giant said e-tail sales over its properties were strong this holiday season. The Santa Clara, California-based Internet company said that order volume for its shopping properties outside the United States was more than six times that of l...

When all else fails, blame the bots. That's right: It's not the e-tailers' fault that their Web sites can't handle the hits, or that their servers wilt when automated programs enter the picture alongside human beings. It's not their fault that some guy in Omaha has to wait nine minutes for a page t...

Yahoo! Inc. on Thursday filed documents in U.S. federal court declaring that the French government has no right to make the company bar French residents from seeing auctions of Nazi paraphernalia over its U.S.-based Web site. The declaratory judgment, filed in San Jose, California, asks the court t...

Egghead Hacked and Cracked

Computer products e-tailer Egghead.com said Friday that a hacker has breached its computer systems and may have gained access to its customer database. The company added that it has retained the "world's leading computer security experts" to investigate the breach and analyze its security measures...

Amazon.com ranked as one of the top online retail sites in markets worldwide during November -- the only multinational brand to do so -- according to data released Thursday by Web measurement firm Media Metrix and its European affiliate, Jupiter MMXI. Survey results for the month showed that Ama...

Two new studies indicate that consumers remain wary of making last-minute holiday purchases online, although the reports disagree about exactly when this year's holiday shopping reached its zenith. According to the Nielsen//NetRatings Holiday E-Commerce Index, released Thursday, traffic to e-taile...


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