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Dot-com closures are accelerating, with Internet startups nowclosing at the rate of about one a day, according to a new report.The figures bring clarity to the endless announcements of youngcompanies shutting down -- some of which launched amid greatfanfare only earlier this year.
GoCorp has switched the lights on its gambling arena 'Ausvegas' -- the first Australian casino to operate only via the Internet. And while some Internet gambling outfits have scaled down IPO plans, GoCorp' s scheduled listing on the Australian stock exchange is now just a day away.
Ask Jeeves said Tuesday that it has snapped up assets of direct-marketing company eTour and plans to turn a profit by its fourth quarter. Shares were up 23 cents, or 12 percent, to $2.
Transmeta fell Monday when more than 113 million shares flooded the market to be sold as the chipmaker's initial public offering "lockup" period expired.Shares of Transmeta (tmta) were off $3.
Business-to-business incubator Internet Capital Group (icge) has pared its work force, portfolio, and ambition as the market for initial public offerings has dried up. Meanwhile, investors and analysts have abandoned shares of this former Wall Street darling.
Three months and change after its initial public offering, Internet Capital Group Inc. (Nasdaq:ICGE) (Nasdaq: ICGE) announced a 2-for-1 stock split Monday.
Quintus (Nasdaq: QNTS), a maker of e-commerce customer relationship software, opened at 43 1/2 and rocketed to 49 1/16 in its market debut near midday Tuesday. Shares were up 31 1/16 from an offering price of $18.
A group of venture capital players have taken out a five percent stake in Staples.com, the online division of Staples Inc.
SonicWall (Nasdaq: SNWL) ) made an impressive debut near midday Thursday as shares jumped 12 3/16 to 26 13/16. Shares of the Internet firewall company priced at $14.
Is the price right for Sequoia Software's initial public offering? The company had to lower its asking price but could do well considering it's an XML e-business software company.