CNBC Site To Revamp
NBC Interactive, New York, has licensed technology from Houston-based media firm Telescan (owned in part by NBC parent company General Electric) to revamp cable business news channel CNBC's Web site. According to CNBC.com spokes-
person George Jamison, the redesign will transform the site into a personal finance hub, with the possibility of e-commerce in the future.
CTW Pledges Web Support
Children's Television Workshop formed a new online division to be led by group president Tina Sharkey. The division will expand CTW into the areas of convergence, e-commerce, and content for children ages six to 11. Additionally, Nina B. Link was tapped as group president of the New York-based CTW's new publishing and interactive software division, encompassing its former publishing and new media areas.
The long-awaited Internet audience measurement service from Milpitas, Calif.-based Nielsen/NetRatings launches today. A random sample of 9,000 people chosen by digit dialing over the phone determines top Web site reports, banner ad reports, audience summary reports and custom queries. Data collection is uniform across PC, Mac and Unix platforms.
Net Investments Roll On
Interactive Pictures, San Jose, Calif., maker of IPIX photography technology, received $27 million in capital from GE Capital, American Express Company and Motorola, among others MaMaMedia, New York, is seeking a $20 million round of financing via placement agent BancBoston Robertson Stephens, which helped with deals for CNet, StarMedia and eBay.