To: beachbum who wrote (21758 ) 5/21/1999 8:06:00 AM From: Glenn D. Rudolph Read Replies (1) | Respond to of 27307
Yahoo brings free voice mail to Canadian Web site TORONTO, May 20 (Reuters) - Internet portal provider Yahoo Inc. <YHOO.O> launched new Canadian features on Thursday, including the first free service allowing cybersurfers to chat real-time around the world via voice messages. Yahoo, based in Palo Alto, California, now lets Canadian residents exchange actual sound bites over its Web site free of charge, if both sides have microphones attached to their computers, said President and Chief Operating Officer Jeff Mallett. The feature, a Yahoo exclusive, works like a two-way radio where one person speaks at a time. Mallett said he recently held a conversation with a friend near Sydney, Australia, for 45 minutes. Yahoo also unveiled a technology that allows users to personalize information pages. This will allow Canadian cybernauts to assemble their favorite information on a page which is then updated with the latest content. Also, the service now includes the ability to create financial portfolios with slightly delayed quotes from Canadian stock exchanges. Canada's Internet market is up to 12 million people, with projected advertising revenue of about $40 million this year compared with estimates of $4 billion for the United States, Mallett said. Mallett added he's now looking ahead to expanding in South America, and deploying similar, localized services for each nation. Yahoo, recently surpassed by Lycos Inc. <LCOS.O> as the most popular hub on the Internet in the United States, will top Lycos's market share once it closes a $4.6 billion deal with online community Geocities on May 28, Mallett said. On Thursday Yahoo stock fell $2.25 to $156 on Nasdaq. 941-8109, or