eWEEK EDITORS

A surprise interest rate cut by the Federal Reserve coupled with strong earnings reports from several technology firms, including IBM, lifted our index 9.1 percent last week, its second consecutive steep gain. Among the top performers were Internet consulting companies eLoyalty, Sapient and DiamondCluster, which surged 50 percent or more for the week. Conventional market […]

Michael Cunnyngham has seen the future of television. And he wants to be the person who delivers it to you. Hes built a massive, nationwide fiber-optic network — the first of its kind, he believes — that can deliver on-demand, DVD-quality full-screen video over the Internet today. “The first time I saw the Web, I […]

In the next two weeks, both Ariba and Commerce One will host their annual user and partner conferences, but the atmosphere at the events will be decidedly different. While the mood for both B2B rivals will be dampened by their respective disappointing Q1 results, Ariba will still be popping aspirin at its event. Both companies […]

Outsourcing of all types is slowly beginning to build momentum in the middle market, driven largely by early adopters looking to streamline their businesses and a slowing economy that is forcing efficiency on IT managers. But the big question many of these corporations are wrestling with is which parts to outsource, and thats whats keeping […]

As internet failures accelerate, a battle has heated up over what happens to one of their most prized assets: customer lists. Today, lists containing customer names, Web surfing and buying habits, phone numbers and credit-card information can fetch a lot more in bankruptcy proceedings than old chairs, desks and air hockey tables. When an Internet […]

Its All Yours Theres nothing like tax time to get investors to face the fact that the whole dot-com phenomenon was one big pyramid scheme. But just when you thought things couldnt get worse, along comes Kozmo.com. The home delivery service shut down two weeks ago, after reportedly burning through $280 million in cash. But, […]

March, they say, comes in like a lion and goes out like a lamb. Last month, Rocky Wiggins, vice president and CIO at AirTran Airways, found out just how true that old aphorism is when, on the first weekend of the month, a fierce snow and hail storm struck, grounding flights in the Northeast and […]

Not withstanding the challenge of having to fill a pair of big shoes, compounded by running a company amidst an economic downturn, Ross Perot Jr. is an optimist. At the helm of Perot Systems for about six months, Perot hasnt had much of a honeymoon, to say the least. But he has put in place […]

Eat Crowe? Weeks after Level 3 Communications CEO Jim Crowe predicted his company would hit $2.5 billion in revenue in 2000, Level 3 restated its earnings estimate to $1.4 billion, down from $1.7 billion. Some observers think the missed target could cost Crowe his job. More Losses Nortel Networks reported a steep first-quarter net loss […]

Crash and Burn WhISPers Department of Bankruptcy Proceedings hears Colo.com is laying off salespeople and going with an agent program, a last-ditch effort to avoid bankruptcy. Insiders cite poor management as the main problem. No kidding — Colo.coms chief rival, Switch & Data, is still building like crazy. Show Me Yours Tell me who your […]

Some e-tailers are bucking the trend of declining revenue in these difficult times by combining physical stores or other retail channels with an online presence and using marketing expertise to boost sales. 1-800 Contacts, Barnesandnoble.com, eBay and FTD.com all reported healthier first-quarter revenue and higher Internet sales last week. And Expedia and Travelocity.com also reached […]

Amid the swirl of bankruptcies, massive layoffs and earnings warnings that are whipping around their competitors, some technology services firms reported favorable Q1 earnings last week. IBMs Global Services division, for example, showed a 12 percent increase in revenue from a year ago, to $8.5 billion. The gain was 18 percent, after converting foreign currency […]