Articles by Nora Macaluso

Digital Island, Inc. (Nasdaq:ISLD) was one of the Nasdaq's few technology winners Monday, rising 1 7/32to 7 13/16 following news of an alliance with Chinese telecommunicationscompany Jitong Communications, Inc. San Francisco, California-based Digital Island, which provides Internetcontent, network and hosting services, said it allied with Jitong i...

E-tail sales rose slightly in October, fueled by big increases in sales oftoys, consumer electronics and computers, according to a monthly survey released Monday by the National Retail Federation and Forrester Research The figures, along with the results of a weekly tally by Goldman Sachs &Co. and PC Data Online, point to a solid start to the holid...

EarthLink (Nasdaq: ELNK) improved 113/64 to 8 11/32 Monday after the Internet service provider (ISP) announced anagreement with Time Warner (NYSE: TWX) to offer broadband services over the media giant's cable systems Atlanta, Georgia-based EarthLink said its high-speed Internet services will beavailable to about 20 million homes with access to Time...

Oracle Corp. (Nasdaq: ORCL) plunged 41/16 to 24 3/4 Monday after the e-business software giant announced executivevice president Gary Bloom was leaving to head Veritas Software Oracle chairman and chief executive officer Larry Ellison said Bloom's moveto Veritas would foster relations between the two companies.

Autoweb.com, Inc. (Nasdaq: AWEB) wasdown 1/64 at 33/64 early Monday, following the company's announcement thatit plans to cut jobs and restructure operations The Santa Clara, California-based online auto company said it will reduceits workforce by about 25 percent as it moves to concentrate on "content andtechnology offerings, order fulfillment and...

@Plan, Inc. (Nasdaq: APLN) was up 1 1/2at 6 13/16 early Monday after DoubleClick, Inc. (Nasdaq: DCLK) changed the terms of its plannedacquisition of the company New York-based DoubleClick will now pay shareholders of @Plan, a Stamford,Connecticut-based online advertising research firm, US$8 in cash and stock for eachof their shares, down from $9.25...

Internet bellwethereBay (Nasdaq: EBAY) rolled out a program Monday that will allow other firms to create their own applications based on the online auctioneer's technology The program, known as the eBay Application Program Interface (API), will initially be available to a limited number of the company's licensed partners and developers....

Broadbase Software, Inc. (Nasdaq:BBSW) fell in early trading Friday, losing 2 5/16 to 11 11/16 after thecompany said the closing next month of a planned acquisition will result ina bigger-than-expected loss for the fourth quarter Broadbase also said it expects a fourth-quarter loss of 15 to 17 cents pershare on revenue of about US$17 million. Gross...

Art Technology Group, Inc. (Nasdaq: ARTG)rose 11/16 to 48 11/16 Thursday after the company shelved a plan to sell 4million common shares in a secondary offering Shareholders had been planning to sell another 725,000 shares in theoffering, which the e-commerce software company said it canceled because of"current stock market conditions."

Audiohighway.com (Nasdaq: AHWY)dropped 3/32 to 3/8 Thursday after the company said it laid of 21 of its30 employees The online entertainment and information company said the move is aimed atcutting expenses as it continues to seek partners and funding sources....

While a relatively small portion of Chile's population livesbelow the poverty line, "the costs of buying a computer or renting atelephone line remain unreachable for a large segment of the population,"according to research firm eMarketer Though Chile has a "largely unrestricted" economy, a relatively highper-capital gross domestic product and a wel...

Despite a slow start to this year's online holiday season, a pair of new reports suggeststhat online sales could top last year's level by 100 percent E-tailers "have reason to be hopeful," according to consulting firm PricewaterhouseCoopers, which predicts fourth-quarter e-commerce will reach US$10.2 billion, up from $5.2 billion in the same period...

CoolSavings.com, Inc. (Nasdaq: CSAV) fell 1/8 to 1 1/8 Monday after announcing an expected loss for the fourth quarter of 21 to 22 cents per share before extraordinary items Revenue for the quarter will likely total US$12 million to $13 million for the quarter ending in December, up from $6.7 million in the year-earlier quarter. The loss before non...

FreeMarkets, Inc. (Nasdaq: FMKT) rose 11/16 to 41 3/8 early Tuesday after the company, which operates online marketplaces for businesses, said it will bring its services to the Japanese market through a joint venture with Mitsubishi Corp The letter of intent calls for the Japanese trading company to "invest significant capital" in the venture, whic...

MarchFIRST, Inc. (Nasdaq: MRCH) ticked up 13/32 to 4 5/16 early Tuesday after the online consulting company said it will cut about 1,000 jobs, or 10 percent of its workforce, as part of a plan to cut costs The layoffs will save about US$100 million each year, beginning in 2001, marchFIRST said. The company said the workers being laid off are "under...

WebMD Corp. (Nasdaq: HLTH) was down 3/4 at 9 3/8 early Tuesday after the online health company missed analysts' estimates for the third quarter Revenue for the quarter rose to US$151.2 million from $28.7 million a year earlier, the Atlanta, Georgia-based company said. The loss before charges totaled $44.9 million, or 27 cents per share, compared wi...

CMGI, Inc. (Nasdaq: CMGI) said Monday it will "exit" the entertainment portal and advertising-supported Internet access business by jettisoning its iCAST and 1stUp subsidiaries As a result, CMGI said it expects restructuring charges of US$8 million to $10 million for the first quarter ended October 31st, followed by another $75 million to $80 milli...

Active Voice Corp. (Nasdaq: ACVC) was among the few Nasdaq winners Friday, rising 4 1/8 to 19 1/16 after the messaging software maker agreed to be acquired by Cisco Systems, Inc. (Nasdaq: CSCO) for about $266 million in stock Cisco, which fell 3 3/16 to 50 1/16, said the acquisition will help it "deliver unified communications and a single, end-to-...

NetObjects, Inc. (Nasdaq: NETO) lost 3/8 to 2 1/8 Friday after the maker of Internet-based software missed analysts' estimates for the fourth quarter ended September 30th, reporting a wider loss and lower revenue The Redwood City, California-based provider of online business software and services said revenue for the quarter fell to $5.4 million fr...

Intel Corp. (Nasdaq: INTC) fell 4 3/8 to 37 Friday following reports of a downgrade by Morgan Stanley Dean Witter Morgan Stanley analyst Mark Edelstone reportedly lowered his rating on Intel to neutral from outperform because of a slowdown in demand for personal computers.