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Ameritrade paring back on Madison Ave. The online brokerage is cutting about a quarter of its $200 million advertising budget to cope with flagging stock markets and fewer trades.
April 12, 2001, 4:25 p.m. PT
Techs close out strong week on high note update Technology stocks post decent gains, helping the Nasdaq composite finish the week with a 14 percent increase.
April 12, 2001, 1:55 p.m. PT
Sources: Webvan center sees first profit The online grocer has turned a profit at one of its distribution centers for the first time, according to sources close to the company.
April 12, 2001, 1:30 p.m. PT
SEC's Edgar system hit by outages The Securities and Exchange Commission's real-time reporting system goes down for the second time in two days because of a problem with a data line.
April 12, 2001, 12:55 p.m. PT
CSC snags big Navy services contract Computer Sciences wins a U.S. Navy computer services contract worth approximately $500 million as the company prepares to make layoffs and report disappointing earnings.
April 12, 2001, 10:30 a.m. PT
Outpost.com posts loss, mulls options The Internet retailer posts a fourth-quarter loss and says that because securing equity and financing is proving difficult, it is exploring strategic options.
April 12, 2001, 6:55 a.m. PT
PwC cites client cutbacks as it pares staff PricewaterhouseCoopers says it will cut 750 to 1,000 jobs, or 6 percent to 8 percent of its U.S. consulting unit, blaming cuts in technology spending by major U.S. corporations.
April 12, 2001, 5:20 a.m. PT
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Yahoo adds porn to its shopping site The Web portal is offering a broad selection of adult material, including hard-core porn videos and DVDs, through its popular shopping service.
April 11, 2001, 8:15 p.m. PT
Vignette to drive DaimlerChrysler Net sales The world's No. 5 automaker plans to adopt as standard across its worldwide operations the software that helps companies sell via the Internet.
April 11, 2001, 5:00 p.m. PT
Kozmo to shut down, lay off 1,100 update The online convenience store will cease operations, lay off its entire staff and liquidate assets.
April 11, 2001, 4:50 p.m. PT
Tax sites in tiptop shape ahead of deadline Most of the top tax-preparation Web sites have been crunching numbers smoothly during the crucial week before the U.S. tax-filing deadline after several earlier strains.
April 11, 2001, 3:55 p.m. PT
Spirits maker serving free start-up cash A new grants program by Johnnie Walker is giving entrepreneurs a shot at free money in a climate where funding for start-ups remains tight.
April 11, 2001, 3:15 p.m. PT
Scient laying off 675, moving to NYC The Internet consulting company, which says its earnings and revenue figures will be lower than expected, will lay off staff and move its headquarters from San Francisco to New York.
April 11, 2001, 2:15 p.m. PT
Chip stocks boost Nasdaq update Kind words from Salomon Smith Barney analyst John Joseph help keep the Nasdaq's brief winning streak intact.
April 11, 2001, 1:55 p.m. PT
Commentary: Trying online-offline symbiosis With Internet-only companies and old-line businesses recognizing the New Economy's demand for online and offline service, pairings such as Amazon.com and Borders.com will become increasingly common.
April 11, 2001, 1:55 p.m. PT
Amazon looking for hired help Even as the Internet giant inked a pact with Borders to take over that company's Internet operations, the online retailer may be looking to outsource more of its own business.
April 11, 2001, 12:35 p.m. PT
Autobytel snaps up rival in $15.6 million deal The online car dealer says it has agreed to acquire Autoweb to form a souped-up company with revenue of more than $100 million a year.
April 11, 2001, 8:40 a.m. PT
Borders hands online operations to Amazon update The bookseller plans to cut its Web staff as the e-tail heavyweight takes over inventory and fulfillment for a new, co-branded Web site.
April 11, 2001, 7:20 a.m. PT
Kodak lands Patricia Russo as new COO The photography powerhouse names Patricia Russo, a former Lucent Technologies executive, as president and chief operating officer.
April 11, 2001, 4:45 a.m. PT
Musicbank closes shop on sour note The Net music company with ties to the five major recording companies ceases operations and dismisses its entire staff.
April 10, 2001, 6:40 p.m. PT
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