Cyrus Afzali

Although testing of the new shared domain registration system is still ongoing, one of Network Solutions Inc.’s competitors Monday began accepting new registrations. register.com Monday began taking registrations for .com, .net and .org domains. Even though testing of the new system that all registrants will share is still underway, register.com said its customers will be […]

Higher-than-expected wage growth in May and a rush of institutional buying helped Internet stocks post strong gains Friday to end the short week on an uptick. internet.com’s Internet Stock Index ended up 21.44, or 4.61 percent, to 486.45, the Nasdaq Composite gained 74.64 to 2,477.96 and the Dow Jones industrial average jumped 136.15 to 10,799.84 […]

Higher-than-expected wage growth in May helped stocks post strong gains, even though the number of new non-farm jobs was lower than expected. Analysts said the low job creation numbers will likely mean interest rates will remain unchanged. Just after noon, internet.com’s Internet Stock Index was up 10.85, or 2.33 percent, to 475.86, the Nasdaq Composite […]

What was already a down day for Internet issues got worse late in the session Thursday during a day where a successful initial public offering was about the only thing in the sector that excited investors. internet.com’s Internet Stock Index sunk 19.30, or 3.99 percent, to 465.01, the Nasdaq Composite dropped 28.67 to 2,403.74 and […]

Internet issues were going in and out of positive territory on a quiet Thursday dominated by the blue chips, although the latest Internet IPO continued the sector’s successful trend. Just after midday, internet.com’s Internet Stock Index was down 8.50, or 1.76 percent, to 475.81, the Nasdaq Composite was off 10.92 to 2,521.49 and the Dow […]

Internet stocks staged a late-day turnaround as investors finally heeded the advice of several leading analysts who for the past several days have been saying the selloff in the sector was overdone. internet.com’s Internet Stock Index inched up .49, or .10 percent, to 484.31, the Nasdaq Composite gained 20.37 to 2,432.40 and the Dow Jones […]

Internet stocks were mostly lower in mid-session as Wall Street was reacting negatively to a variety of news. Just before noon, internet.com’s Internet Stock Index was unchanged at 483.82, the Nasdaq Composite was off 43.12 to 2,368.91 and the Dow Jones industrial average was off 130.45 to 10,465.81. Losers included AdForce Inc. (ADFC) which had […]

PlayMedia Systems Inc. Wednesday announced it had settled its copyright infringement lawsuit against Nullsoft Inc. and MP3.com. PlayMedia said the settlement includes a license that allows Nullsoft to use the technology that was the focus of the lawsuit. PlayMedia is also entering into a business relationship with MP3.com that will allow MP3.com to avoid paying […]

Following through on earlier hints that it would expand its new media business, CBS Corp. Wednesday purchased a 35 percent stake in online directory Switchboard Inc. from Banyan Systems Inc. CBS will also receive warrants entitling it to take an additional 5 percent stake and the broadcast network has committed $135 million in promotion and […]

Internet issues posted strong gains Friday as investors appeared assured by the latest economic news that suggested interest rates may remain stable over the near term. The Commerce Department said Friday that personal incomes in the United States rose a seasonally adjusted 0.5 percent in April and personal spending rose 0.4 percent. Both numbers generally […]

Internet issues were slightly higher at midday amid lower-than-usual volume on Wall Street as many were already taking advantage of the three-day weekend. Just after midday, internet.com’s Internet Stock Index was up 9.58, or 1.95 percent, to 499.91, the Dow Jones industrial average had climbed 72.13 to 10,539.06 and the Nasdaq Composite was up 23.79 […]

Shares of online broker DLJdirect rocketed on their second day Thursday as the blue chips were being hit hard by investors taking profits from strong gains earlier in the week. Just before mid-day, internet.com’s Internet Stock Index was off 5.58, or 1.10 percent, to 499.62, the Dow Jones industrial average was off 146.55 to 10,555.61 […]