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Charles Schwab & Co., Inc.
Internet Daily for Wednesday, May 16, 2001 by Frank Barnako CBS MarketWatch.com ----------------------------------------------------------------- Sony teaming with RealNetworks Sony said Wednesday its PlayStation 2 video-game system will be able to access streaming audio and video over the Internet through the inclusion of software supplied by RealNetworks . Under the deal, the parties envision video-game programmers making use of bundled RealPlayer 8 software to include video clips and studios shipping online movie previews. Sony plans to offer a hard drive for the upgraded game system to store video and music. Sony also said current PlayStation game console owners will be able to upgrade their units to enable digital downloads. The RealNetworks deal comes a day after Sony and AOL Time Warner said the Internet-connected device would permit users to gain access to AOL's Instant Messenger and e-mail. ----------------------------------------------------------------- MusicNet service demo set The chairman of RealNetworks is expected to make the first public demonstration of the company's music subscription service on Thursday, The Wall Street Journal reported. MusicNet's debut will take place on Capitol Hill in Washington, where Chairman Rob Glaser is scheduled to testify at a House Judiciary subcommittee hearing involving music on the Internet. The session will be Webcast. ----------------------------------------------------------------- David vs. Goliaths IBM has selected Norway's Opera Software to provide the Web browser for its Linux-based NetVista Internet appliances. "Signing with IBM is a major breakthrough," said Jon S. von Tetzchner, chief executive of the Oslo-based company. "This announcement is the first in a series that will show that Opera has taken the lead in the Internet appliance market." The announcement may be significant for both AOL Time Warner and Microsoft, whose browsers were not selected. The deal "is certainly something that the AOL folks would have liked to have," David Smith, an analyst with research firm Gartner Group, told CNet News. "It sounds like Opera is muscling in." ----------------------------------------------------------------- Online sales rise Total spending on online sales increased from $3.5 billion in March to $4.3 billion in April, according to a monthly survey reported by Forrester Research, which said the number of households shopping online stood at 15.6 million last month. Consumers spent an average of $273 per person in April, compared with $263 in March. Furniture and small-appliance category sales rose by almost 250% from March levels, while sporting goods, major appliances, toys and video games showed the biggest declines. ----------------------------------------------------------------- Yahoo puts sex chats in back room Yahoo has made it more difficult for Web visitors to find its sexually explicit chat rooms and clubs. A spokesman for Yahoo denied a claim by some that the entire adult section had been removed. Thousands of users have signed a petition protesting the move by the company, according to The New York Times. "We haven't made a decision one way or another," spokesman Jackson Holtz told the Times. "This is an evaluation process," he said. About a month ago, Yahoo backed away from agreements with sellers of X-rated videos and adult-oriented products. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ################################################################# Log in using the links below to: Access your account: https://investing.schwab.com/trading/start?SANC=CCBodyi&NeedCASelValue=Y View your Email Alert customization options: https://investing.schwab.com/trading/start?SANC=EAMyAlerts Perform research or request a market quote: https://investing.schwab.com/trading/start?SANC=Quotes Place a trade order: https://investing.schwab.com/trading/start?SANC=TradeStock To visit Schwab's home page, use this link: http://www.schwab.com/ ----------------------------------------------------------------- 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 Now you can receive graphics Email Alerts in HTML format, using helpful, full-color graphics and active Web links that connect you directly to information you want. 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