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CacheFlow (Nasdaq: CFLO) edged up 82 U.S. cents to $8.40 in morning trading Thursday, despite reporting a steeper loss for the period than a year ago, after the company's fourth-quarter results beat Wall Street estimates. CacheFlow, which develops systems to boost Web site performance, maintained ...

Network Appliance (Nasdaq: NTAP) dipped US$1.33 to $21.20 in morning trading Wednesday, after the company reported that fiscal fourth-quarter profit plummeted 98 percent. Network Appliance said economic weakness has continued to spread to corporate investment in the computer data-storage storage...

Semiconductor equipment giant Applied Materials (Nasdaq: AMAT) advanced 28 U.S. cents to $50.17 in early trading Wednesday, despite reporting that its second-quarter profit plunged due to slumping demand for its chip products and reduced spending by manufacturers in the sector. The Santa Clara, Cal...

Brocade Communications Systems (Nasdaq: BRCD) edged up 90 U.S. cents to $43.40 in morning trading Wednesday, after the networking products manufacturer said its second-quarter profit fell almost 10 percent, matching Wall Street's expectations. The San Jose, California-based company also said its r...

Breaking the stream of disappointing earnings results in the tech sector, BEA Systems (Nasdaq: BEAS) jumped US$3.11 to $37.15 in morning trading Wednesday, after the company said first-quarter profit tripled, beating Wall Street estimates. The San Jose, California-based e-commerce software devel...

Consumers spent US$4.3 billion online in April -- a 22.1 percent spike from the $3.5 billion racked up in Internet sales in March -- according to data released Tuesday by Forrester Research and Greenfield Online. "With temperatures soaring in the Northeast in April, people came out of the winter ...

Although many sports Web sites in the United Kingdom are adding gambling services in an effort to boost income levels, the country's saturated online sports marketplace will face a squeeze in the coming years with a number of companies falling out of the game, according to a report released Monda...

Pointing to e-commerce as "critical" to the success of the U.S. economy, lawmakers introduced a resolution in both chambers of Congress Thursday calling on the Bush administration to make the growth of digital trade a top priority on its agenda. The bipartisan measure, sponsored in the Senate ...

While product returns are set to cost Internet retailers an estimated US$3.2 billion in 2001, online merchants could "drastically" slash the figure by implementing automated Web-based return systems, according to a report released Wednesday by Gartner. The research group said e-tailers can save ...

The Internet sector in four chief Asia-Pacific economies is undergoing a "major reformation," according to a report released Wednesday by the Yankee Group. In its latest regional review of the e-business market in India, Indonesia, Australia and New Zealand, Yankee found that a host of Asian regul...

In a bid to further expand its e-commerce offerings, the Netscape Netbusiness Marketplace announced Tuesday that it has struck a deal with Travelocity.com to sell airline tickets, hotel bookings and car rental reservations. The Netbusiness Marketplace, which is a joint venture by AOL Time Warner an...

Looking to tap the digital music subscription market, personalized software maker MusicMatch announced Monday that it is starting a fee-driven online radio service that will serve as a springboard for the launch of song-selling initiatives in the coming months. The San Diego, California-based compa...

Looking to extend its reach to a new audience of potential customers, eBay announced Friday that it has launched a new service to allow newspaper readers to search their local print edition for items posted on the Internet auction heavyweight's site. As part of the program, sellers who have placed...

Hit hard by a precipitous drop in sales, beleaguered Internet retailer Buy.com reported Wednesday that its first-quarter revenue plummeted 40 percent from the year-ago period and warned that its second-quarter revenue would see an even deeper decline. The Aliso Viejo, California-based company sai...

Buoyed by a bounce in its current economic climate, Korean business-to-consumer (B2C) e-commerce will remain "robust" in the coming years, according to a report released Wednesday by the Yankee Group. As South Korea continues to rebound from the 1997 economic crisis, the study said a number of fact...

Flying high on strong sales, online travel site Expedia.com said Monday that it posted its first-ever profitable quarter more than a year ahead of schedule and projected that income for the next fiscal year would beat Wall Street estimates. "I think it's impressive what Travelocity and Expedia ha...

Driven by a number of consolidation efforts, online book vendor Barnesandnoble.com announced Thursday that it narrowly beat Wall Street estimates and trimmed its losses for the first quarter. The e-tailer, which is majority owned by brick-and-mortar namesake Barnes & Noble and German media gia...

Online used car retailer iMotors.com hit a dead end Wednesday, announcing that it has shuttered its operations "due to a lack of sufficient capital to continue to grow the business." According to a note posted on its Web site, the San Francisco, California-based company said that it will issue "...

While automotive Web sites continue to gain traction among Internet users in the United States, data released Wednesday by Jupiter MMXI found that European consumers are increasingly steering towards such sites to research auto purchases, get directions and secure car loans and insurance policie...

Online spending climbed to US$3.5 billion in March -- a 36 percent spike from the $2.6 billion seen last April -- as almost half of all Americans made purchases via the Web, according to data released Tuesday by Nielsen//NetRatings and Harris Interactive. As part of their latest eCommercePulse, ...