View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 11, 1997updated 05 Sep 2016 12:23pm

REUTERS LAUNCHES BUSINESS BRIEFING NEWS SERVICE OVER NET

By CBR Staff Writer

Reuters Holdings Plc has launched what it claims is the first full news service over the internet, with its web-enabled Business Briefing, the successor to the news service Textline. The Business Information division of the media company hopes the service will provide personalized news services across the corporate intranet and the internet, for companies or individuals that do not need the real time Financial Services that Reuters also offers. The main use it proposes is for businesses to track the news that affects them and their market sector. It believes the abundance of free news on the internet is driving forward the use of paid-for subscription services, and it expects businesses to pay a premium for high quality news. Business Briefing is the three year-old successor (CI No 2,392) to Textline, which Reuters has been lukewarm about for a while, and according to Michael Foster, the director of business information, Reuters is taking a business view as to whether Textline is a worthwhile service. The reciprocal news service agreements with media firms that currently operate with Textline will be also be re-negotiated and companies must have actual news to trade. Reuters expects significant double digit growth of around 20% in this sector of its business in the next year, which turned over 54m pounds last year. Reuters has had problems this year financially, with a profit slowdown announced in March (CI No 3,142) which, like many others, it attributed to the strength of sterling.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU