Breaking News: How the Wheels Came off at Reuters by Brian Mooney

By Brian Mooney

An within examine the surprising decline of Reuters.
* positive aspects specific interviews with Reuters staffers, opponents, and clients
* Written by way of former Reuters journalists
* Examines one of many largest tales in contemporary journalism heritage

Show description

Read Online or Download Breaking News: How the Wheels Came off at Reuters PDF

Best library & information science books

The Elements of Library Research: What Every Student Needs to Know

To do stable educational study, students have to glance past the pc seek engine. This brief, useful booklet introduces scholars to the $64000 elements of the information-seeking technique. the weather of Library examine offers a starting place for achievement in any examine project, from a freshman paper to a senior thesis.

ABC, Follow Me! Phonics Rhymes and Crafts Grades K-1 (Linworth Learning)

Get reliable studying effects with phonics! educate scholars in Grades K-1 the fundamentals of phonemic know-how to extend studying abilities. ·These classes comprise playful tale hour rhymes and actions to supply direct guideline in phonics and phonemic information unique to get strong studying effects ·The classes are easy-to-implement and correlated to nationwide criteria.

Crowdsourcing our Cultural Heritage

Crowdsourcing, or asking most of the people to assist give a contribution to shared targets, is more and more well known in reminiscence associations as a device for digitising or computing titanic quantities of information. This booklet brings jointly for the 1st time the gathered knowledge of overseas leaders within the idea and perform of crowdsourcing in cultural background.

The RDA Workbook: Learning the Basics of Resource Description and Access

No matter if a library catalogs its personal fabrics or now not, librarians nonetheless have to have a few realizing of RDA. Designed for use by means of educational, public, and faculty librarians, this can be the suitable creation. • makes a speciality of the hot RDA principles and conventions and their implementation, fairly in smaller libraries the place there aren't any expert catalogers• provides FRBR and different points of RDA's theoretical framework in comprehensible phrases• encompasses a step by step advisor to making bibliographic files for print and digital books, video clips, and different codecs• contains fast courses, routines, a thesaurus of phrases, and an inventory of extra assets

Extra info for Breaking News: How the Wheels Came off at Reuters

Example text

Efforts to integrate Reuters data with the system proved fruitless, and the new acquisition quietly faded into oblivion. Nevertheless, the shopping spree continued at a furious 24 Buying Business pace, broadening the product range rapidly. Other acquisitions in the Renfrew era included IP Sharp, a Toronto-based database of market data, and Finsbury Data, a London news database which formed the foundation for Reuters diversification into historical news retrieval. Reuters paused for breath after Renfrew’s retirement, then launched into another frenzied wave of acquisitions after Peter Job took over.

Heinrich Wenzel says Decision 2000 was ‘deeply misguided’. ” As the relationship slid out of control, a final confrontation took place over ownership of the data Levkoff had created for the product. Levkoff thought it was his, Reuters believed it owned the copyright and at some stage started to recreate the database so that it could cut free altogether from Levkoff. “Levkoff became more and more vitriolic at meetings and more and more demanding, and started to hold Reuters hostage to the data that he was creating.

28 Matchmaking When the new system, Dealing 2000-2, was launched in April 1992, the banks were impressed and some of the leading foreign exchange players raised the possibility of a joint venture with Reuters to operate it. Partnerships, however, were not part of the ethos of Reuters, which liked to do things its own way. The banks were unhappy about the prospect of an effective Reuters monopoly in matching and, indeed, had been researching their own system for a couple of years. The delay in the Reuters launch resulting from the broken trades issue had given them time to catch up, and in 1993 a group of major banks launched a rival system, EBS, which, according to one senior Reuters marketing executive “completely ate Reuters lunch”.

Download PDF sample

Rated 4.37 of 5 – based on 30 votes