Consumer spending on the Internet only grew 1 percent in October, showing the worst growth since 2001, according to comScore.
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Amazon, the world leading online retailer, sees its stock plunge after it announces full-year 2008 sales forecast reduced by $1 billion.
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Shazam, the mobile music discovery company popularized by Apple's iPhone, announces its app for Android-based smartphones.
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File-sharing startup snags $17 million as it forges deal to give game developers peer-to-peer distribution of titles in move toward more legitimate forms of downloads.
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Internet retail giant makes its video-on-demand service available to the general public.
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