Cyrus Afzali

MarketWatch.com Inc. Thursday acquired BigCharts Inc., a provider of financial tools and information, for $166 million in cash and stock. MarketWatch.com said the acquisition will allow it to increase the quality and quantity of financial tools it provides investors and will enhance its position as a provider of real-time financial and business news programming. BigCharts […]

Internet stocks continued to decline Wednesday as investors broadened their focus to include stocks with lower valuations as well as cyclical big cap stocks and small-cap issues. Internet.com’s Internet Stock Index fell 39.48, or 6.20 percent, to 597.51 while the Nasdaq Composite shed 52.15 to 2,550.26 and the Dow Jones industrial average gained 13.74 to […]

Microsoft Corp. Wednesday formed a new streaming media division that will develop and market solutions for both consumers and businesses based on Windows Media Technologies. The software giant also announced it was joining the Internet2 Coalition as a corporate partner and plans to provide more than $1 million in financial and technology investments to the […]

After posting solid gains over the past few sessions, Internet stocks ended mixed Tuesday as investors took some money off the table and shifted it to blue chips. Internet.com’s Internet Stock Index closed off 18.40, or 2.81 percent, to 636.99, the Nasdaq Composite shed 49.84 to 2,602.13 and the Dow Jones industrial average jumped 113.12 […]

AT&T Corp. Tuesday announced it had begun Digital Subscriber Line market trials with business customers and said it will offer wholesale DSL service to Internet service providers starting in September. AT&T plans to have more than 1,200 DSL points of presence within the next year and will deploy DSL over its own facilities as well […]

Internet stocks were the star of the day Monday as the sector posted strong gains across the board, boosted by several deals and positive earnings forecasts. Internet.com’s Internet Stock Index climbed 27.56, or 4.39 percent, to 655.58, the Nasdaq gained 62.67 to a record 2,653.36 and the Dow Jones industrial average added 25.49 to 10,715.16. […]

PSINet Inc. entered the Latin American market Monday with the acquisition of two privately-held Brazilian Internet providers. PSINet said the deal will make it one of Brazil’s top five ISPs. PSINet purchased Openlink, the largest ISP in Rio de Janeiro, which serves both businesses and consumers with dedicated and dial-up connectivity and Web hosting solutions. […]

Spyglass Inc. and Inktomi Corp. Monday partnered to integrate Spyglass’ Prism content delivery system with Inktomi’s Traffic Server cache platform. Spyglass Prism for Traffic Server will give ISPs the ability to streamline content for non-PC devices, such as hand-held PCs, set-top boxes and Internet-enabled mobile phones. The system takes existing Internet content and adapts it […]

Internet stocks continued their high-flying ways Friday, helped from strong showings by Internet auctioneers and two successful initial public offerings. The Nasdaq Composite finished Friday up 28.77 to 2,590.38, the Dow Jones industrial average lost 37.51 to 10,689.67 and Internet.com’s Internet Stock Index was up 13.15, or 2.18 percent, to 617.10. Internet auctioneer Ubid (UBID) […]

Another round of better than expected earnings reports once again helped Internet issues Thursday on a day that saw all market indices post solid gains and the Dow Jones industrials set another record. Internet.com’s Internet Stock Index climbed 20.52 to 604.30, the Nasdaq Composite jumped 72.48 to 2,561.56 and the Dow Jones industrial average leaped […]

Internet stocks rallied across the board Wednesday, wiping away losses earlier in the week buoyed by strong earnings expectations. Internet.com’s Internet Stock Index climbed 52.34, or 9.71 percent, to 591.35, the Nasdaq Composite jumped 79.56 to 2,489.30 and the Dow Jones industrial average added 132.87 to 10,581.42 Famous names posting gains included America Online Inc. […]

One day after one of the largest one-day drops ever, Internet stocks Wednesday staged a strong rebound. Internet.com’s Internet Stock Index climbed 38.84, or 7.87 percent, to 539.01, the Nasdaq Composite climbed 64.04 to 2,408.65 and the Dow Jones industrial average climbed 8.02 to 10,448.55. Streaming media company Real Networks Inc. (RNWK) soared 52-7/16 to […]