Cyrus Afzali

eBricks.com Inc. and Blueline Online Inc. Monday merged in a deal that will offer the construction industry a suite of products to electronically collaborate on all phases of building projects. Terms of the deal were not disclosed. The company, which has been renamed Cephren, offers a suite of Web-based collaboration and e-commerce services targeting the […]

Excite@Home Monday updated its Web-based e-mail service, putting a new interface on the product which allows users to manage e-mail, voice mail and fax messages in one location. Known as Excite Inbox, the free service replaces Excite Mail and features a new user interface and additional features making the product more customizable. It also integrates […]

Venture capital firm Highland Capital Partners Monday launched a new $500 million fund that will concentrate on Internet, communications and medical companies. The fund is the company’s fifth. In the Internet sector, Highland plans to invest in business-to-consumer, business-to-business and infrastructure companies. Both early and late-stage companies will receive funding. A number of famous educational […]

Technology stocks were soaring in midday trading Friday as investors were coming back to the sector following a strong consumer price index report. At noon Eastern, internet.com’s Internet Stock Index had gained 12.01, or 1.45 percent, to 838.087, the Nasdaq Composite had leaped 121.10 to 4,078.31 and the Dow Jones industrial average was up 135.58 […]

IBM Corp. Friday established a $500 million fund to help finance early-stage Internet companies. IBM (IBM) will work with venture capital firms to provide their clients with IBM hardware, software and services. The assistance will be earmarked for companies which have already completed one round of financing. “We recognize that next generation companies have unique […]

Internet and technology shares were leading the way in midday trading Thursday, buoyed by news that retail sales surged at the fastest rate since 1984 while inflation remains in check. At 12:30 p.m. Eastern, internet.com’s Internet Stock Index had climbed 10.59, or 1.34 percent, to 801.22, the Nasdaq Composite was up 26.67 to 3,876.69 and […]

Cautionary statements from Yahoo! Inc. along with the highest bond yields in 2-1/2 years were pressuring Internet stocks in midday trading Wednesday. At 11:30 a.m. Eastern, internet.com’s Internet Stock Index had dropped 14.34, or 1.73 percent, to 816.86, the Nasdaq Composite was off 28.97 to 3,892.22 and the Dow Jones industrial average had climbed 78.57 […]

Internet investors Tuesday were mostly staying on the sidelines, waiting for a number of earnings reports from sector leaders due after the closing bell. At 11:30 a.m. Eastern, internet.com’s Internet Stock Index was off 10.36, or 1.18 percent, to 867.42, the Nasdaq Composite had climbed 8.17 to 4,057.84 and the Dow Jones industrial average was […]

Novell Inc. Tuesday took a step to gain a foothold in the growing application service provider market with the acquisition of JustOn Inc. Novell said the acquisition of JustOn, which provides Internet file sharing and publishing service, will allow it to expand its strength in network file services to fast-growing Internet markets. Financial terms of […]

The first installment of Merger Monday in the new year was sending Internet stocks solidly higher, mostly due to the announcement of a blockbuster merger between America Online and Time Warner. Just before noon Eastern, internet.com’s Internet Stock Index had jumped 41.51, or 5.01 percent, to 869.39, the Nasdaq Composite had leaped 106.16 to 3,988.78 […]

Internet investors finally had something to cheer about Friday. After a series of gut-wrenching downturns, bargain hunters were taking advantage of lower prices for market leaders. Among the areas posting strong gains were business-to-business and electronic commerce issues. At noon Eastern, internet.com’s Internet Stock Index was up 25.62, or 3.30 percent, to 801.09, the Nasdaq […]

It was more red ink for Internet stocks in midday trading Thursday as the sector continued to come under pressure from investors taking profits from the record-setting pace that dominated just last week. At noon Eastern, internet.com’s Internet Stock Index was off 20.19, or 2.43 percent, to 811.70 and the Nasdaq Composite had plunged another […]