Steve Harmon

Network firm Novell Inc. Wednesday took an undisclosed stake in Web publishing software company NetObjects Inc. Novell joins IBM Corp. as a major corporate investor in the NetObjects. The investment is part of Novell’s $50 million Internet equity fund, which the company uses to take minority investments in development-stage companies. Novell targets companies whose products […]

Today through Friday we’re giving you the chance to view the firms that presented at Internet Startup Live! Venture Showcase just a few days ago at Fall Internet World. Here’s the second glimpse! Tell us which you think is the best. Next week we’ll let you know which scored highest and give you some feedback […]

Regional Bell telephone company SBC Communications Inc. Tuesday announced plans to buy a 4 percent stake in Internet provider Concentric Network Corp. as part of a broader plan to integrate the two companies’ services. SBC has the option to either acquire the shares directly from Concentric for $24.15 each or buy them on the open […]

Internet provider PSINet Inc. reported a sharp 111 percent increase in revenues for the third quarter, although its earnings were held down by costs associated with a recent buying spree. Herndon, Va.-based PSI lost $50.6 million, or 98 cents a share, up from a loss of $10.7 million, or 26 cents a share, in the […]

Qwest Communications International Inc. narrowed its third-quarter loss thanks to a four-fold increase in revenue and strong growth across all of its key sectors. Despite strong revenue growth, higher network and construction costs resulted in a loss of $5 million, or 2 cents a share, in the quarter compared to a profit of $12.8 million, […]

Today through Friday we’re giving you the chance to view the firms that presented at Internet Startup Live! Venture Showcase at Fall Internet World. We had standing room only watching and evaluating the selected firms that presented. Here now on the Web we’re featuring those firms for you to glance over, kick the tires on, […]

Internet bank Net.B@nk Monday expanded its product line to include Visa and MasterCard credit cards. Consumers will be offered a choice of Visa Classic, Visa Gold, MasterCard Standard and MasterCard Gold cards at rates the company said would be competitive with much larger financial institutions. Net.B@nk provides financial services including checking and money market accounts […]

Software company I-Cap Inc. unveiled a new system Monday that stands to give individual investors the same treatment as Wall Street’s biggest movers and shakers. I-Cap introduced a new trading system that will allow individuals to eventually trade all stocks publicly listed on the Nasdaq, New York and American stock exchanges before and after the […]

First reader up this week writes: “I am a complete novice in Internet investment but I want to get to know the field. Who can I talk to who could give me ongoing advice about stocks with real potential and the directions the Internet is taking? Being New Zealand-based means I need to get good […]

In one of the now infamous press releases cranked out earlier this year, Zapata’s goal was to be ‘the roach motel of the Internet, users come in but don’t get out.’ And therein lies the heart of Zapata’s thorough ignorance of the Internet. Roach motels? These are death traps for bugs. Yesterday it was Zapata […]

Online broker E*Trade Group Inc. reported a higher than expected fiscal fourth-quarter loss because of increased expenses to acquire new customers and large investments in technology. E*Trade lost $15.7 million, or 33 cents a share, in its fiscal fourth quarter compared to a profit of $5.9 million, or 15 cents a diluted share, in the […]

Imagine if you had 1 million people walk through the lobby of your restaurant, take a free dinner mint, toothpick, ask for a glass of water, and then leave. During that brief interlude your business model is to hold up as many ad flyers in front of their faces as they chew the mint, ponder […]