Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five ...
Small investors lured by a promising new technology called the internet lost fortunes. The economy stumbled. Highflying companies like Pets.com, TheGlobe.com and Webvan collapsed.
European stocks fell on Monday after President Trump, in an interview with Fox News, refused to rule out a recession for the U.S. The U.S. is set to impose steel and aluminum tariffs of 25% on the ...
Webvan may have died out, but grocery delivery is thriving. Webcam, an early grocery business that was a big part of the dot-com bust, only survived for three years before the party ended.
The deal may be the first large Internet-based warehouse user in the Denver market, a real-estate expert said. Webvan Group Inc., which plans $1 billion worth of similar warehouses across the country, ...
Rather than measure the funding rounds and valuations of AI startups building foundation models in US dollars, perhaps we should just convert that right into GPU-hours rented to train models, since ...
Once funding became more expensive, lossmaking start-ups such as Pets.com and Webvan ran out of money. Their telecom and technology providers started to struggle as well, pulling down the broader ...