Correction/Clarification

Correction

In the Feb. 20 issue, the page 1 photo caption with the story “Spinoffs: Some Soar, Most Stall” was mistaken in saying UMB Financial Corp. had taken eScout public. It was spun off as a private company; UMB retains an equity stake.

Clarification

In the same issue, the page 1 story “Amex Plays ISP — Can Net Access Cross-Sell?” gave a misleading impression of American Express Co.’s privacy policy for the free Internet service it is testing.

In the end-user license agreement on the AmexOL.net Web site — not in the privacy policy, as stated in the story — American Express says it may sell aggregated customer information to third parties such as advertisers, clients, and marketers. The agreement makes clear, as the story did not, that no personally identifiable information will be sold unless the customer gives permission.

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