October 30, 1997 4:50 PM PST
Short Take: CBS News and DBC launch business service
CBS News and Data Broadcasting have joined forces to create CBS MarketWatch, a free online business information service. CBS will bring its news-gathering resources to the product while also providing its sales, marketing, and branding support. DBC, whose site will form the backbone of the new service, will provide the basic Internet technology and financial reporting structure. DBC's Larry Kramer will serve as the venture's chief executive officer.