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Charles Schwab & Co., Inc.
Email Alert Internet Daily for Friday, October 26, 2001 by Frank Barnako CBS MarketWatch.com Google searches for subscriptions Search technology company Google Inc. is reportedly weighing offering searches for a fee. Subscription options could include "vertical market" searches, which could have an appeal to academic researchers and consumers, CNET reported. Medical information or technology are two areas reportedly being studied. A Google source said plans are still at the discussion stage, and no immediate offering is planned. "Their big problem right now is that 70% of their revenues come from advertising," Danny Sullivan, editor of SearchEngineWatch.com told CNET. "You tend to get nervous when you're largely dependent on one thing," he added. ----------------------------------------------------------------- Cox cuts local Web sites Cox Communications Inc.'s Cox Enterprises is pulling the plug on city site portals Miami and Los Angeles. Layoffs at the company's Web division, Cox Interactive, will include about 70 employees, according to Newsbytes. The unit will continue to operate about 20 other local sites. The downturn in advertising, following the terrorist attacks six weeks ago, prompted Cox to reorganize, the company's director of communications explained. ----------------------------------------------------------------- Clear Channel, MTV regroup on Web radio Clear Channel Communications is expected to cut dozens of employees over the next two months as it closes the company's West Coast-based Internet division, the Los Angeles Times reported. Online operations will be shifted to operating divisions within the company; the radio and concert units will handle their own online efforts. And Viacom's Internet division has pulled its online radio stations from the Sonicnet.com Web site. MTV Radio streams are still available on its own Web sites. No layoffs are expected. Sonicnet continues to operate, however it is no longer offering radio, including personal playlists created by users. "Strategic decisions have led us to indefinitely deactivate all personal music stations on Sonicnet.com," a message on the site said. ----------------------------------------------------------------- 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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