Business Wire is a company that disseminates full-text news releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases and other audiences. The company distributes news via its own patented electronic network, NX, developed by its in-house tech team using XML/NewsML. It also has carriage agreements with major news agencies, including the Associated Press, Agence France-Presse, Bloomberg, Dow Jones, Reuters, Thomson One, and some 60 regional news agencies to deliver content directly into their newsroom editorial systems. It was the first service of its type to put its clients' news online, launching the company's website in May 1995.
Business Wire provides direct news feeds along with photo posting to Yahoo! Finance and other information web sites. It offers preset and fully customized RSS news feeds upon registration (which is free). In 2007, the company added social media networking "tags" to news releases for services including Digg, del.icio.us, Newsvine and Reddit. The company's EON: Enhanced Online News service provides a platform for news announcements utilizing a variety of Web 2.0 technologies, with search engine optimization features, social media tags to encourage online sharing of news, and interactive multimedia.
Working with stock markets and regulatory authorities, Business Wire is an authorized disclosure vehicle in the US and Canada (with news networks, EDGAR filings and SEDAR filings), the UK (with Financial Securities Authority-sanctioned (FSA) services), France (with Autorité des Marchés Financiers-sanctioned (AMF) services) and other European markets including Germany, Ireland, Luxembourg, the Netherlands, Sweden and Switzerland. In 2007, Business Wire established a pan-European disclosure service designed around the European Union's Transparency Obligations Directive (TOD) requirements. In addition to fulfilling financial disclosure requirements, this posts full-text news releases directly into major professional and individual investor systems. Journalists can set up personal web, RSS and email news feeds based on their specific beat criteria.
Read more about Business Wire: History
Famous quotes containing the words business and/or wire:
“On the most profitable lie, the course of events presently lays a destructive tax; whilst frankness invites frankness, puts the parties on a convenient footing, and makes their business a friendship.”
—Ralph Waldo Emerson (1803–1882)
“A new idea is rarely born like Venus attended by graces
More commonly it’s modeled of baling wire and acne.
More commonly it wheezes and tips over.”
—Marge Piercy (b. 1936)