Medallion Financial and Yahoo start up 10 Internet-enabled taxis in New York equipped with Palm's PalmPilot VII handheld computers, so passengers can surf the Web for free while on the move. The so-called Internet taxis belong to Team Systems, one of the city's largest taxi fleets, and won't be hard to spot. The cabs, which will be in New York until March, are outfitted inside and out with the yellow and purple colors of the Internet search service.
Medallion specializes in making loans to finance taxicab purchases.
The program follows Yahoo's first taxi venture, which put cabs online in San Francisco . The Web portal last year joined with Luxor Cab and the San Francisco Taxicab Commission to give passengers Web access via a laptop computer from NEC Computer Systems Division and a wireless modem from Ricochet. The service ended in March. All Rights Reserved. Inc. All rights reserved.