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Apple Computer Corp. (Nasdaq: AAPL) plunged 2 3/8 to 14 5/8 in the first few minutes of trading Wednesday after the Cupertino, California-based computer maker became the latest to warn that slow sales will hurt quarterly results. Apple said "significantly slower than expected sales" of its products...

Americans spent $1.3 billion online during the week surrounding Thanksgiving, an increase of 140 percent over the same week in 1999, according to a survey released Tuesday by Goldman Sachs and PC Data. Goldman Sachs analyst Anthony Noto said that early indications point to holiday online sales dou...

To prevent the potential loss of over 5.2 million customers during the holiday season, Kmart-backed discount e-tailer BlueLight.com said Monday it is buying select assets from its defunct free Internet access provider, Spinway.com. As part of the acquisition, BlueLight will hire about 30 Spinway ...

Just two weeks after announcing changes in its executive team, controversial Web advertising giant DoubleClick (Nasdaq: DCLK) is laying off some 5 percent of its 2,100-person workforce. DoubleClick director of corporate communications Jennifer Blum would not confirm the number of employees being l...

U.S.-based online shoppers who buy products from other countries risk becoming ensnared in the intricate legalities that govern overseas purchases and importation, warned the U.S. Customs Service in an alert issued Monday. "Shopping on the Internet seems quick and easy, but buying gifts or other g...

Amid efforts to rebuild its stock value, CyberCash on Tuesday unveiled a new version of its online payment system aimed at the business-to-business (B2B) marketplace. CyberCash said several e-business companies, including YourAccounts.com, Oracle, IBM and Intershop, have agreed to integrate the co...

Defunct e-tailer Pets.com announced Monday that it has signed a non-binding letter of intent to sell its domain name and related trademarks to rival PetSmart.com. Along with the valuable Pets.com name, PetSmart will acquire various other URLs currently owned by Pets.com. Pets.com declined to say wh...

Revenue Warning Sinks 3Com

3Com Corp. (Nasdaq: COMS) was down 3 3/16 at 9 9/16 early Tuesday after the company became the latest high-tech company to predict a revenue shortfall for the coming quarter. The Santa Clara, California-based maker of networking equipment said revenue for the second quarter ended December 1st will...

Online privacy groups in the United States and the United Kingdom have asked government regulators, including the U.S. Federal Trade Commission (FTC), to investigate whether Amazon.com is deceiving customers and breaking privacy laws. The Electronic Privacy Information Center (EPIC) and Junkbusters...

Waffling on whether or not to support Napster? Maybe the news that Tony Bennett is a Napster man will change your mind -- or at least cause you to start lining up the musicians on both sides of the argument. For Napster: Bennett, Chuck D of Public Enemy, Ice-T, Don Henley, Bruce Springsteen and ...

Excite@Home (Nasdaq: ATHM) was up 1/4 at 6 1/8 early Tuesday after the provider of high-speed Internet access called off plans for a joint venture with the Chello Broadband unit of Dutch broadband provider United Group. The deal would have formed a new broadband subscriber company, Excite Chello, ...

Sprint Contract Powers Ariba

Ariba, Inc. (Nasdaq: ARBA) rose 1/2 to 61 7/16 Monday after the company said Sprint PCS (NYSE: PCS) has begun using its business-to-business (B2B) e-commerce platform for buying supplies and services. Sprint PCS, a Kansas City, Missouri-based provider of digital telephone services, is using the Ar...

Cybersnoop Proposal Roils UK

British law enforcement agencies are seeking the right to log every e-mail and phone call within the United Kingdom, according to a report by the deputy director general of the National Criminal Intelligence Service. The proposal, written in August but leaked Sunday to the Cryptome Web site, sai...

To hear the folks at Amazon.com explain it, the two recent outages that took their main shopping site down for 15 to 30 minutes each, right smack in the middle of the day, are nothing to be alarmed about. But that spin -- who says only politicians can engage in spin? -- ignores the results of the ...

Enticed by low costs and enhanced targeting options, more retailers are choosing to spend the majority of their holiday advertising dollars online, according to a pair of studies released Monday. There were 19 billion total online ad impressions from October to mid-November, a 250 percent increase ...


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