Cyrus Afzali

Priceline.com and Ford Motor Co. Monday teamed to launch a new offering that will allow Florida consumers to bid on new automobiles. The program, which starts Tuesday, will allow consumers to shop online for cars and light trucks and have the option to name their own price an dpayment method. Purchase offers will be distributed […]

Technology issues continued their winning ways Thursday, breaking apart from blue chips and Internet issues to advance further into record territory. Just before noon Eastern, internet.com’s Internet Stock Index was off 0.09, or 0.01 percent, to 614.14, the Nasdaq Composite had jumped 32.93 to 3,188.89 and the Dow Jones industrial average had fallen 7.34 to […]

Internet stocks were back in positive territory in midday trading Wednesday as the technology broke apart from blue chips which were being dragged down by larger than expected jumps in October food and energy prices. Just before noon Eastern, internet.com’s Internet Stock Index was up 13.73, or 2.25 percent, to 624.25, the Nasdaq Composite had […]

Technology and Internet issues were mostly lower in midday trading Tuesday as the sectors were losing some steam following the Nasdaq Composite’s eight-day record run. Just before noon Eastern, internet.com’s Internet Stock Index had lost 10.92, or 1.75 percent, to 613.48, the Nasdaq Composite was off 33.15 to 3,110.82 and the Dow Jones industrial average […]

Universal Music Group is teaming with America Online Inc. and others to launch a new Internet-based record label. The initiative, to be called Jimmy and Doug’s Farm Club, will be headed by Universal Music Chairman Doug Morris and Jimmy Iovine, co-chairman and Seagram’s Interscope Geffen A&M label. America Online (AOL) will own 3 percent of […]

While an official ruling in the U.S. Justice Department’s case against Microsoft Corp. may be months away, already things are looking bleak for the software giant. In his findings of fact issued late Friday, U.S. District Judge Thomas Penfield Jackson, who has presided over the government’s case, wrote Microsoft is in effect a monopoly despite […]

Two highly-anticipated initial public offerings stole much of the limelight on Friday as stocks jumped higher across the board in large part due to better-than-expected economic news. The Nasdaq Composite also continued its high-flying ways, setting its fifth record in as many days. internet.com’s Internet Stock Index climbed 12.71, or 2.19 percent, to 592.03, the […]

U.S. stocks had posted solid gains across the board by midday as investors were applauding news that the U.S. jobless rate had hit a 30-year low. Investors were still proving to have a hearty appetite for Internet infrastructure plays, sending shares of Cobalt Networks soaring almost six-fold less than two hours after the issue’s debut. […]

A wealth of positive news from Internet leaders translated into more good news for the Nasdaq Composite as the tech-heavy index set another record. Blue chips didn’t have as good a day, as they lost half their gains in afternoon trading. internet.com’s Internet Stock Index gained 7.16, or 1.25 percent, to 579.32, the Nasdaq Composite […]

A number of deals and ratings upgrades was sending Internet shares higher in midday trading Thursday as technology shares continued their upward climb further into record territory. At noon Eastern, internet.com’s Internet Stock Index had gained 7.83, or 1.37 percent, to 579.99, the Nasdaq Composite was up 24.65 to 3,053.16 and the Dow Jones industrial […]

The Nasdaq Composite once again moved past the 3,000 level in midday trading Tuesday as all major indices were benefitting from new economic statistics that showed the U.S. economy may be slowing. Just before noon Eastern, internet.com’s Internet Stock Index was off 6.21, or 1.10 percent, to 560.66, the Nasdaq Composite had jumped 50.91 to […]

The Markle Foundation and several other non-profit organizations teamed up Tuesday with The Internet Corp. for Assigned Names and Numbers to promote several initiatives designed to improve ICANN’s accountability and its response to various Internet constituencies. The first initiative will be a $200,000 grant to ICANN that will fund an outreach unit which ICANN Interim […]