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Charles Schwab & Co., Inc.
Email Alert Internet Daily for Friday, November 2, 2001 by Frank Barnako CBS MarketWatch.com Dot-com layoffs rise Plummeting air travel demand took its toll of Web travel sites last month and helped cause a 60% rise in the number of Internet job losses in October. Almost 5,000 positions were cut in the industry, according to a report by Challenger, Gray and Christmas. "Sites specializing in airline reservations and travel planning experienced a substantial falloff in business, which led to over 800 cuts," he said. ----------------------------------------------------------------- Prodigy to sell Oracle Net device Prodigy Communications hopes to entice new customers by selling a low-cost Internet access device and offering them three free months of Web access service. An announcement of the offer will be made within a few days, according to CNet. The $199 device, known as NIC, was developed by Oracle Corp.'s New Internet Computer Co. ----------------------------------------------------------------- Amazon.com, Citibank join for credit Amazon.com introduced the Amazon Credit Account, the online equivalent of a department store credit card. The account is for use on most of the company's Web site, but does not cover gift certificates or purchases made through partner Circuit City. "Amazon Credit customers can enjoy their purchase and hold on to their money for 90 days before making a complete payment without any interest," said Steve Frazier, vice president of hardlines at Amazon.com. Citibank's Commerce Solutions unit is making the credit program available. ----------------------------------------------------------------- Xbox, World Series, anthrax boost sites' traffic Fox Sports' recently redesigned Web site has experienced a 17% rise in visits, fueled by its TV network's coverage of the World Series and the site's own intra-game public opinion polls. Jupiter Media Metrix also reported Major League Baseball's Web site saw its traffic fall 40% last week. Drugstore.com welcomed almost 1.1 million visitors during the period. That's a rise of 67% over the previous three weeks' average. And Xbox.com has had a 54% riser in traffic (1.1 million visitors) as the Nov. 15 launch of Microsoft's new game console nears. ----------------------------------------------------------------- DC seeks kid-friendly Web zone Members of the House of Representatives' telecommunications subcommittee are pursuing the idea of creating a kid-friendly area on the Internet. Sites designed for children could be established at a domain such as www.website.kids.us, and would bar pornography and other inappropriate material, Reuters reported. A proposal has been introduced by Rep. John Shimkus, R.-Ill. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ================================================================ LOGIN to access your account: https://investing.schwab.com/trading/start ---------------------------------------------------------------- To unsubscribe or modify your Email Alert customization options, log in using the link below or copy and paste it into your browser's address window: https://investing.schwab.com/trading/start?SANC=EAMyAlerts ---------------------------------------------------------------- Notice: All email sent to or from the Charles Schwab corporate email system may be retained, monitored and/or reviewed by Schwab personnel. (0801-11478) Copyright 2001 CBS MarketWatch. All rights reserved. Commercial use or redistribution in any form, printed or electronic, is prohibited. Distribution by Quris, Inc.
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