NBCi takes stake in SpinWay

NBC Internet Inc. will take a minority stake in Spinway.

NBC Internet Inc. will take a minority stake in Spinway.com, an Internet service provider. NBCi will also offer free dial-up Internet access using SpinWay's technology. The service will be offered to the 12 million members of NBCi's Xoom service and will feature the Snap.com portal. Financial details of the deal were not released. -- Margaret Kane, ZDNet News