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Published on . Chairman-CEO John Payne resigned the week of Oct. 9, leaving former U.S. Postmaster General Marvin Runyon as acting chairman. The dot-com's president-chief operating officer Loren Smith also stepped down from his position. laid off 40% of its 110-member staff the week of Oct. 9

Grey Advertising-owned interactive agency Beyond Interactive, Ann Arbor, Mich., laid off 60 people, about 15% of its staff. filed for Chapter 11 bankruptcy protection in San Francisco. The site plans to keep open its five U.S. retail stores.

Texaco took a minority stake in Red Sky, a San Francisco-based Web shop. Texaco has a two-year contract with Red Sky for e-business consulting. Omnicom Group's Communicade division is also an investor in Red Sky., an online business-to-business marketplace aimed at small businesses, is offering its users free Internet access service through its agreement with Yahoo! and free ISP provider Spinway. Users can download the software from the site or sign up via a CD-ROM being distributed to's partners., an Asian-American portal, said it has closed new advertising deals with, Hewlett-Packard Co. and Miramax. No details of the arrangements were announced.

[email protected] opened an office in Hamburg and simultaneously kicked off a TV and print campaign promoting Excite's mobile phone instant messaging, Excite Voice Chat, a new search engine and a new news channel.

AdExchange, an online ad-buying exchange, on Oct. 13 formed an alliance with Solbright, a company that provides automated software for Internet advertising business workflows. Solbright and AdExchange will integrate their technology as well as co-market and sell their products., the portal that merged with Internet company InfoSpace Oct. 12, is said to be preparing a round of layoffs, according to executives close to the company. However, a Go2Net spokesman said very few areas of the company would be affected by the merger. He added that areas of overlapping jobs would be evaluated on a "case-by-case basis."

Copyright October 2000, Crain Communications Inc.

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