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Weekly News Digest

June 11, 2001 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Infotrieve Announces Agreements with STM Publishers, SilverPlatter

Infotrieve (http://www.infotrieve.com), a document delivery provider, has announced agreements with a number of scientific, technical, and medical (STM) publishers, including Taylor & Francis, Kluwer Academic Publishers, Blackwell Science, the Royal Society of Chemistry, Blackwell Publishers, and the American College of Chest Physicians. Infotrieve now makes many STM journal articles available for immediate online delivery. The company has direct online agreements with 44 publishers and paper-delivery agreements with over 1,000 publishers.

Infotrieve also announced an alliance with SilverPlatter Information, Inc. (http://www.silverplatter.com) to provide access to Infotrieve's document delivery services via a deep link from any of SilverPlatter's more than 250 index and abstract databases. As an Infotrieve Platinum-level partner, SilverPlatter's customers can purchase articles using Infotrieve's pay-per-view, full-text delivery service.

Customers accessing SilverPlatter's online searchable databases can purchase the full-text articles by selecting citations and placing them in an electronic "shopping basket" on a co-branded SilverPlatter/Infotrieve Web page. Once completed, a single mouse click takes the customer directly to a secure Infotrieve e-commerce site, where payments are processed using a credit card or an invoice account. If available, full-text articles can be delivered electronically as Adobe PDF files to the end-user's desktop.

Infotrieve has direct agreements with publishers to provide online access to full-text articles from over 2,300 scholarly titles on a transactional basis, amounting to over 1 million articles available for immediate delivery to the desktop. Additionally, Infotrieve continues to move further into the scholarly arena, expanding its mass of journal articles to include the academic areas of humanities, arts, and the social sciences.

Source: Infotrieve

Infonautics Unveils Company Sleuth Subscription Service

Infonautics, Inc. (http://www.infonautics.com) has announced that its expanded and upgraded Company Sleuth service (http://www.companysleuth.com) is now available. According to the announcement, changing the business model from a free to a fee-based subscription service is in direct response to users' requests for premium content and services and to changing market conditions, (i.e., advertising-supported sites have struggled to increase revenues).

For an annual fee of $79.95, subscribers are able to track financial and other information on up to 50 companies, receive daily e-mail notifications, and access over 25 reports of company-related content. In addition, subscribers can conduct business research through the Company Sleuth Research Library, a new feature only available through subscription. Current registered users and new users may take advantage of a free, 14-day trial period. The annual subscription is now the only way for users to see all of the Company Sleuth site's aggregated content and receive e-mail notifications. Users who don't wish to subscribe can have a limited membership with restricted use of the site. This allows them to view eight of the company reports and track two companies.

Source: Infonautics, Inc.

Reuters Announces Board Changes, New Structure

Reuters (http://www.reuters.com) has announced a series of board changes as the first phase of an organizational change program led by chief executive designate Tom Glocer. As part of this program, Reuters will reorganize its business operations around the principal customer segments it serves: Investment Banking/Brokerage, Treasury, Asset Management, and Corporates/Media. These will replace the current product-based divisions of Reuters Information (RI), Reuters Trading Solutions (RTS), and Reuterspace.

These changes, along with the previously announced business transformation program, are intended to create a customer-focused organization that uses the latest Internet-based technologies. Rollout of the new organizational structure will begin when Glocer succeeds Peter Job, the present chief executive, who retires at the end of July. According to the company, it will be substantially completed by the end of the year.

Among the organizational changes at board level are the following:

  • Philip Green, who currently runs the two Reuters Financial divisions, RI and RTS, will assume the new position of Reuters chief operating officer in July.
  • Geoff Weetman, director of human resources, will join the board in July.
  • Rob Rowley, chief executive at Reuterspace, will retire from Reuters and step down from the board at the end of the year. In the interim, he will oversee the integration of the businesses that currently make up the Reuterspace division into the new organization. They will form the nucleus of the Corporates/Media customer segment.
  • Jean-Claude Marchand, group marketing director, will retire from the board and leave the company in July. He will serve as an advisor to the company until the end of the year.
The Financial Times reported that Reuters will cut 500 jobs in the coming weeks, in addition to the 50 top managers already set to be dismissed. The company has said it hopes to achieve 150 million pounds ($208 million U.S.) in annual savings by 2003.



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli
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