InternetNews Staff

Internet issues plunged on Monday as investors, concerned over Net valuations and near-term interest rate hikes, pocketed profits. internet.com’s Internet Stock Index fell 40.38, or 4.51 percent, to 854.24, the Nasdaq Composite lost 139.32 to 4096.08 and the Dow Jones industrial average dropped 243.54 to 11008.17. Monday’s losses erased almost all of last week’s gains. […]

Capitalizing on a recent ruling on encryption regulations, Netscape Communications said Monday that international users of its Communicator 4.7 client software can now benefit from enhanced security for online shopping, banking, trading and e-mail. Netscape expressed its support for the U.S. Department of Commerce’s newly released encryption regulations that enable the worldwide distribution of high-grade […]

Planet Intra Monday joined forces with IBM Corp. to offer an intranet solution to small and medium-size business customers running IBM Netfinity Servers. The two companies plan to co-market the instant intranet, which provides businesses with an affordable, secure and customizable solution. Planet Intra allows users to organize and group information in a format that […]

Lansonic Monday introduced the Digital Audio Server (DAS-750), a networked audio component designed to deliver streaming media to the home entertainment center. Equipped with an Ethernet connection, the DAS-750 links to your Local Area Network (LAN) and is able to play MP3 files from PCs on the network or directly from the internal 13GB hard […]

MusicMatch Inc. Monday announced at Midem 2000, an international music conference, that the MusicMatch Jukebox is now available in French, German, Italian and Spanish. The Japanese version of the MusicMatch Jukebox has been available at retail outlets in Japan for the past year. For a trial download visit here. The free, standard version of MusicMatch […]

Internet stocks finished off the week strong after several analyst upgrades and news that Microsoft will invest $100 million into business-to-business leader, VerticalNet. Internet stock investors were also focused on high-speed access provider, Excite@Home, after a surpising report from Robertson Stephens analyst, Michael Graham. internet.com’s Internet Stock Index was up 16.74, or 1.91 percent, to […]

internet.com Corp., the publisher of InternetNews.com, reported a 383% increase in revenue for the quarter ended December 31, 1999. Revenues for the period were a record $7.5 million; for the same period in 1998, the revenues were $1.6 million for the same period last year. Net loss for the fourth quarter, excluding amortization of intangibles, […]

Excite@Home reported its first-ever profit Friday, excluding one-time items, as a result of increased sales in the first quarter. As a result of the achievement, George Bell, Excite@Home president, was promoted to chief executive officer, while Tom Jermoluk will remain chairman of the cable access portal. Bell said the Excite@Home was well positioned to lead […]

Industry Standard Communications Inc. raised $30 million in first-round private-equity financing, led by Flatiron Partners and Chase Capital Partners. The funds will be used to accelerate growth in The Standard’s Internet economy Web site, as well as to fuel expansion in its publication, conference and service businesses. Other investors include: Morgan Stanley Dean Witter Venture […]

Internet hosting and managed services company Exodus Communications Inc. and Andersen Consulting are teaming up to deliver complex e-business solutions to customers in the financial services industry. The companies said they plan to offer financial services companies solutions for planning, designing and deploying complex Internet applications, with Exodus to provide complex Web hosting and related […]

The National Retail Federation (NRF), Forrester Research and Greenfield Online plan to create an index of online retail trends aggregating online sales data by product category and dollar value from monthly surveys of 5,000 online shoppers. The National Retail Federation/Forrester Online Retail Index “will provide the most current and comprehensive assessment of what is happening […]

Earnings season jitters continued to take hold as a number of companies begin reporting. AOL’s numbers were positive, but a number of analysts have conflicting views on the proposed merger with Time Warner. internet.com’s Internet Stock Index was up 5.41, or 0.62 percent, to 877.88, the Nasdaq Composite gained 38.21 to 4189.50 and the Dow […]