InternetNews Staff

Internet issues recovered slightly from midday levels on Wednesday. News that successful hacking attempts were spreading to some of the Web’s most popular sites had a major impact on the day’s trading. internet.com’s Internet Stock Index closed off 2.00, or 0.22 percent, to 922.33, the Nasdaq Composite fell 63.56 to 4363.94 and the Dow Jones […]

With a nod toward strengthening its enterprise and ASP offerings, Nortel Networks Wednesday shelled out $64.5 million in cash for business strategy consulting firm Dimension Enterprises Inc. DEI will help Nortel Networks (NT) design and engineer Net data centers to house e-business content. Nortel inked the deal to bolster its Managed Applications Services Initiative, which […]

Deutsche Telekom is said to be currently working on plans to introduce a flat-rate model for Internet access in Germany. This news was indirectly confirmed by the chairman of the board Ron Sommer. A member of the board of directors, Detlev Buchal, who is responsible for product marketing, commented that a special technical solution was […]

Roughly two months after going public, Andover.net (ANDN) sold out last Thursday. VA Linux Systems Inc. (LNUX) announced it was buying the Linux content network for $975 million in cash and stock (now valued at a little more than $800 million). Shares of VA Linux fell 8-7/8 on Thursday to 128. Andover jumped 9-1/8, or […]

A few Internet companies making their debut in the public marketplace and optimistic comments from industry analysts sent the ISDEX and Nasdaq indices higher on Tuesday. The long awaited IPO of an online e-tailer also provided plenty of excitement for Internet investors. internet.com’s Internet Stock Index (ISDEX) was up 21.58, or 2.39 percent, to 924.33, […]

In its ongoing effort to bring customized tools to the Web, BroadVision Inc. Tuesday rolled out a personalized customer electronic bill delivery and payment application. Dubbed One-to-One Billing, the newest offering in the BroadVision (BVSN) family makes it possible for companies to deliver personalized bills to customers and receive payment from them online. It also […]

Less than six months after launching a free intranet for businesses, Intranets.com Tuesday reached 100,000 registered sites. Professionals from a variety of sectors have signed on for the enterprise tool which allows businesses to communicate more efficiently through document sharing, calendar scheduling, custom news delivery and personal vendor services. Intranets.com was spun off by Idealab, […]

French online audience measurement firm Médiamétrie has teamed with ACNielsen eRatings.com and Netratings to launch a new tracking, advertising and user activity service in France. The three partners formed a joint venture called Médiamétrie eRatings.com. Médiamétrie will control 50 percent, Netratings will have a 30 percent stake and ACNielsen eRatings.com will own the remaining 20 […]

Mergers and upgrades pushed Internet stocks higher Monday despite a big decline in shares of Healtheon/WebMD. internet.com’s Internet Stock Index was up 10.86, or 1.22 percent, to 902.75, the Nasdaq Composite jumped 76.40 to 4320.50 and the Dow Jones industrial average fell 58.01 to 10905.79. Net2Phone (NTOP) gained 6-1/4 to 50-1/8 after announcing a marketing […]

Net management solution firm Visual Networks Inc. Monday purchased e-business software company Avesta Technologies Inc. for $415 million in stock. Visual Networks will exchange 6.5 million of its shares for all outstanding Avesta Technologies’ common stock. With the deal, Visual Networks (VNWK) hopes to incorporate Avesta Technologies’ event management and applications monitoring capability into its […]

Terra Networks S.A. Monday inked a deal with Latin American online auctioneer DeRemate.com which will land Terra a 30 percent stake in the company. Under the terms of the deal, the 5-month-old DeRemate.com and Terra (TRRA), which itself was recently spun off from Latin American telco heavyweight Telefonica S.A.., will jointly produce auction portals in […]

Internet stocks fell from their mid-day levels as economic figures indicated a faster-than-expected increase in wages during January. The increase perpetuated speculation the Federal Reserve will again hike interest rates to slow down the economy. internet.com’s Internet Stock Index (ISDEX) slipped 6.96, or 0.77 percent, to 891.89, the Nasdaq Composite gained 33.16 to 4244.14 and […]