Kelly Black

Without a doubt, I’ve seen the most curious range of emotions from retail investors during this latest market correction. Whatever wild volatility high-tech stocks have dished out, my readers have never been at a loss for words to sound off in response to my analysis on a bevy of topics that affect Wall Street and […]

According to an internal memo penned by Red Herring execs and subsequently leaked to Reuters, the privately held dot-com start-up plans to layoff 25 employees or roughly 7% of its workforce. The belt-tightening is largely a result of modest overlap associated with Red Herring’s recent land-grab of online financial data firm StockMaster.com. Red Herring’s interim […]

I do believe I saw Don King give a wink and a nod to Microsoft following the software giant’s better-than-expected quarterly earnings results released after the bell yesterday. Investors wasted all last week nail-biting over the bellwether’s upcoming release; but folks, when you get to be the preeminent poster-child for tech stocks, earnings numbers begin […]

I happened upon a news piece recapping an online pricing mix-up over at Egghead.com . Apparently, the beleaguered e-tailer mistakenly listed a memory module on its Web site for just $35 that typically sells for $335. Predictably, consumers scrambled to add the item to their shopping carts before Egghead cancelled the handful of orders after […]

America Online is on deck in more ways than one. For starters, the company is fresh off the rumor-mill that has U.S. trustbusters giving the Internet service provider’s Time Warner takeover rubber glove scrutiny. FTC regulators are wrestling over whether to force the pair to put in writing their promises to allow rivals open access […]

According to reports coming from the Washington Post this weekend, loose lips close to the America Online and Time Warner marriage say the Federal Trade Commission may be prepared to block the proposed merger. The two sides are at an impasse over language related to a guarantee to allow rivals access to Time Warner’s fat […]

Discount e-tailer Overstock.com announced a pair of deals to acquire the now defunct Web sites and inventories of Gear.com and Miadora.com. Under terms of the land-grab, Overstock.com will stock its shelves with $14 million worth of sporting goods equipment and another $12 million in jewelry. Gear.com burst onto the Internet retailing scene, offering discount sporting […]

Siebert Financial Corp. announced plans to acquire a pair of women-centric financial Web sites, WFN.com and HerDollar.com, for an undisclosed amount of stock. The discount broker’s firecracker chief executive, Muriel Siebert, paraded the land-grab before the media as the first women’s site that incorporates trading stocks online or off. Siebert opined, “We are starting this […]

It turns out that same-day delivery services Kozmo.com and Urbanfetch will likely remain bitter rivals until the end. And depending on which last-miler you believe, the end may not be far off for the latter of the two. Urbanfetch CEO Ross Stevens wasted little time stamping out the on-again, off-again rumors of a possible merger […]

NetZero wasted little time swooping in to pick through the bones of its chief rival FreeInternet.com, after the privately-held no-cost ISP filed for Chapter 11 bankruptcy protection. Pending approval by a bankruptcy court, FreeI users will be moved over to NetZero’s free Web access while maintaining their existing e-mail addresses. The deal is a continuing […]

Fox News Channel announced plans to call off the legal beagles in its contentious dispute with TheStreet.com and co-founder Jimmy Cramer over the abrupt cancellation of the pair’s co-branded Saturday morning TheStreet.com financial news television show that previously ran on Fox. Under terms of the settlement, TheStreet.com has agreed not to produce a similar show […]

Quick. Name a company besides America Online that generated more than a billion dollars in online sales last year and boasts profitability. The “Wal-Mart of the Internet” e-tailer Amazon.com comes close with an impressive $1.7 billion in 1999 revenues; that is, if you look past its hemorrhaging losses of $700 million. Online portal giant Yahoo! […]