InternetNews Staff

Silicon Alley start-up Urban Box Office suffered a tragically ironic turn of events this week as co-founder George Jackson died at age 42, two weeks after suffering a stroke. News of Jackson’s death came just as the company he co-founded announced that it had raised $16 million in venture capital. Jackson, producer of the hip-hop […]

Internet stocks were trading slightly higher in mid-day trading after a number of positive earnings announcements and powerful comments from industry analysts. internet.com’s Internet Stock Index (ISDEX) was up 0.06, or 0.01 percent, to 931.90, the Nasdaq composite was adding 17.72 to 4438.49 and the Dow Jones Industrial average had fallen 58.33 to 10659.76. PurchasePro.com […]

Internet stocks gained momentum in the afternoon reversing a morning sell-off. Helping the charge were a number of initial public offerings and positive comments from analysts. internet.com’s Internet Stock Index was up 5.66, or 0.61 percent, to 931.84, the Nasdaq Composite matured 1.86 to 4420.41 and the Dow Jones industrial average gained 198.25 to 10718.09. […]

In a play that demonstrates that the increasing popularity of broadband demand is no fluke, Digital subscriber line (DSL) firm Rhythms NetConnections Inc. secured $75 million from financial services company GATX Capital Corp. and Cisco Systems Capital Corp. GATX invested $50 million, with Cisco chipping in the remaining $25 million. In conjunction with its investor […]

Microsoft Corp. Tuesday showed developers a glimpse of the future of enterprise Web applications at the Visual Basic Insiders Technical Summit. The much-hyped suite includes the Windows 2000 operating system as the cornerstone of Windows DNA 2000 and the Visual Studio 7.0 development system, which will simplify the development of enterprise Web applications. These enhancements […]

Internet stocks were falling in mid-day trading despite a number of analyst upgrades pushing certain issues higher. At 12:15 p.m. Eastern, internet.com’s Internet Stock Index was down 23.38, or 2.52 percent, to 902.80, the Nasdaq Composite had fallen 107.09 to 4311.46, and the Dow Jones industrial average was up 43.43 to 10563.27. VarsityBooks.com (VSTY) priced […]

With numerous sites now offering free dial-up Internet access, high-speed access becoming readily available, bulk connectivity costs dropping and advertising dollars spent increasing, investors are left with a lot of due-diligence work. What Internet access companies’ will benefit from these strong trends that are shifting our entire Internet economy? CMGI- (CMGI) majority owned, 1stUp.com is […]

WebCriteria Inc. delivered the next generation of its SiteProfile service featuring “Max,” an intelligent browsing agent designed to simulate the way an average user sees, thinks and moves through a Web site. Max can determine how fast and easy it is for people to navigate Web sites and find desired content or products, enabling improved […]

Internet issues fell below their mid-day levels as investors pocketed profits and remained on the sidelines. internet.com’s Internet Stock Index was down 1.89, or 0.20 percent, to 926.18, the Nasdaq Composite gained 23.10 to 4418.55, and the Dow Jones industrial average was up 94.63 to 10519.84. i2 Technologies (ITWO) announced it has entered into an […]

Electronic management provider Marimba Inc. Monday rolled out Timbale for server management, a new product from Marimba designed to control content replication across the intranets and extranets. Offering deployment preview, verify/repair, and near real-time monitoring of the deployment status, the product allows enterprises, application service providers and Web hosts to control how and when applications […]

Kozmo.com, the pioneering online delivery service, Monday inked a joint marketing pact with Starbucks Coffee Co. under which the Internet start-up will pay Starbucks $150 million over the next five years for prominent placement in Starbucks shops. The deal is an off-line twist on the common online practice in which e-tailers pay guaranteed fees to […]

Internet stocks were just barely treading water in mid-day trading. Incubators and business-to-business issues remained hot as a number of acquisitions were announced. At 12:00 p.m. Eastern, internet.com’s Internet Stock Index was up 2.62, or 0.28 percent, to 930.69, the Nasdaq Composite had gained 6.38 to 4401.83, and the Dow Jones industrial average was up […]