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Razorfish CEO calls it quits
The Internet consulting company posts a slightly narrower-than-expected loss and says its CEO and founder is stepping down.
May 3, 2001, 3:00 p.m. PT
Sapient misses lowered estimates
The technology consultant falls short of revised estimates in its first quarter as sales fall 22 percent from the prior quarter.
May 3, 2001, 2:30 p.m. PT
Employment data chills Wall Street
update A surge in new unemployment applications compels investors to sell stocks across the board.
May 3, 2001, 2:20 p.m. PT
eBay to ban sale of hate items
update The online auction giant announces a global ban of all hate-related items in a move highlighting the clash between moral and commercial interests on the Web.
May 3, 2001, 12:30 p.m. PT
B2B firm closes after funding collapse
SpaceWorks, a business-to-business software maker, shuts its doors after two investment firms pull out of the company's fifth round of funding.
May 3, 2001, 12:10 p.m. PT
CFOs to bulk up IT expansion
The majority of chief financial officers plan to increase the amount of money they spend on information technology in the next year and a half, new research says.
May 3, 2001, 11:15 a.m. PT
SAP aims to double staff to meet targets
The German e-commerce software company says it will need to almost double its number of employees to as many as 45,000 to meet analysts' sales forecasts for 2004.
May 3, 2001, 9:50 a.m. PT
Niku cuts staff, cites weak performance
The e-business software maker, which cut about a quarter of its work force and will take about a $30 million charge, says its end-of-quarter results fell below expectations.
May 3, 2001, 7:30 a.m. PT
Who's the boss?
The tech industry is scrutinizing its newest crop of chief executives, wondering whether companies have had to settle because the dot-com meltdown scared off potentially stronger candidates.
May 3, 2001, 4:00 a.m. PT
Study finds Net not driving car sales
Online buying sites offer a car-shopping refuge for thousands of showroom-weary consumers, but only a third of those attempting to buy online complete the deal.
May 2, 2001, 8:45 p.m. PT
eBay pulls alleged Diallo door from site
eBay shuts down an auction for a piece of door allegedly from the scene of the 1999 police shooting of Amadou Diallo, an unarmed African immigrant.
May 2, 2001, 4:00 p.m. PT
Buy.com sales plunge 40 percent
The Internet retailer, which posts a first-quarter loss, reports a sharp decline in sales for the quarter and says second-quarter sales will fall further.
May 2, 2001, 3:20 p.m. PT
Cisco leads techs higher
update An analyst report indicating that spending on information technology may have stopped declining gives Cisco Systems and other technology stocks a spark.
May 2, 2001, 2:10 p.m. PT
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