|Weekly News Digest
August 13, 2009 — 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.
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Data Solutions Firm Vhayu Technologies Acquired by Thomson Reuters
Vhayu Technologies (www.vhayu.com), a data analysis company, announced that it has been acquired by Thomson Reuters (www.thomsonreuters.com). Vhayu provides enterprise tick data solutions and has more than 70 customers worldwide. Through its patented Velocity and Squeezer technologies, Vhayu combines software and hardware to enable faster and smarter trading decisions for financial firms concerned with the processing and storage of market data. The terms of the deal for privately held Vhayu were undisclosed.
Thomson Reuters has been distributing Velocity under the Reuters Tick Capture Engine label for the past 4 years. During that time, Vhayu developers have deeply integrated Velocity software with Thomson Reuters Market Data System (RMDS) and have devised a single, normalized view for Reuters Real-Time Data and Reuters DataScope Tick History. Velocity will be an integral component of the Thomson Reuters Quantitative and Event Driven Trading solution, which provides the financial community with the necessary tools for pretrade analytics and trading strategies.
Vhayu was founded in 1998 by Intel technologists who brought together more than 20 years of experience architecting high-performance hardware and software solutions. Headquartered in Silicon Valley, Vhayu also has offices in New York, London, and Tokyo.
Source: Vhayu Technologies
The Conference Board to Provide Twitter and Facebook Updates
The Conference Board announced that it will provide the public with its proprietary economic data and updates about its management research and programs immediately upon release by posting them on Twitter and Facebook. The Conference Board economic data-including the Consumer Confidence Index, Leading Economic Indexes (LEIs) for the U.S. and nine other countries/regions, the Employment Trends Index (ETI), and the Help-Wanted Online Data Series (HWOL)-will be on Twitter and Facebook as soon as they are issued each month. The Conference Board Measure of CEO Confidence will be posted quarterly, while news about the organization's research on human capital, corporate governance, citizenship, sustainability, and other issues will be posted as it develops.
On Twitter, search for Conference Board. On Facebook, input "The Conference Board" where you can access The Conference Board Groups Page and/or The Conference Board Fans Page.
The Conference Board is an independent business membership and research association working in the public interest. Its mission is unique: to provide the world's leading organizations with the practical knowledge they need to improve their performance AND better serve society. The Conference Board publishes information and analysis, makes economics-based forecasts and assesses trends, and facilitates learning by creating dynamic communities of interest that bring together senior executives from around the world. The Conference Board is a nonadvocacy, not-for-profit entity holding 501 (c)(3) tax-exempt status in the U.S. For further information, visit The Conference Board website at www.conference-board.org.
Source: The Conference Board
Transaction Publishers Distributes Ebooks Through ebrary
Hundreds of recently published, multidisciplinary ebooks from Transaction Publishers (www.transactionpub.com) will soon be available for purchase through ebrary (www.ebrary.com), a provider of digital content products and technologies. The company announced that the new selection from Transaction, which can be seamlessly integrated with Academic Complete or any other ebrary product, features primarily new and recently published titles as well as select classic works by leading international figures in the social sciences such as Edward Shils, David Farrington, David Smith, and Wendell Bell.
"While Transaction will be offering subject collections and individual titles from its own eBookstore, we also wanted to work with a respected partner with strong roots in the library community," said Irving Louis Horowitz, Transaction's founder, chairman, and editorial director. "Our president Mary Curtis and I have watched ebrary's development over the years. ebrary's technology is widely accepted, and its eBooks are sold to libraries and library approval plans in the United States and overseas. In deciding who to partner with in launching our eBooks, we concluded that ebrary was unquestionably the first choice."
Libraries and other organizations may purchase Transaction titles directly through ebrary, its global network of resellers, and select book vendors including YBP, Ambassador, Blackwell, and Matthews. Transaction Publishers is an independent publisher of social scientific books and serials. It is located on the campus of Rutgers University in Piscataway, N.J.
ebrary helps libraries, corporations, publishers, and consumers get the most out of their digital content. The company offers a growing selection of more than 170,000 digital books, handbooks, reports, maps, journals, and other valuable content from more than 350 leading publishers under flexible subscription, purchase, and usage-based models. Additionally, ebrary offers epublishing services for customers to cost-effectively distribute their own PDF content online on ebrary's servers or their own.
Loislaw Introduces Workflow Enhancements
Loislaw (www.loislaw.com) has released an extensive set of enhancements to its comprehensive, easy-to-use, and affordable online legal research service. Designed to improve workflow and make legal research even more effective and efficient, the enhancements provide professionals with advanced search and share capabilities. Loislaw is a provider of online legal content and part of Wolters Kluwer Law & Business.
The new enhancements now available include the following:
- Share results: Users can select one or more results from their search, save the results, email them to colleagues, store them in folders, or print them with ease-all while viewing results in well-designed online and printed formats.
- Find Cases by Citation: Users can enter multiple citations and search simultaneously. Users can even paste the entire text of a brief or a memo, and the system will automatically pull and organize all of the citations for easy review.
- Smart Start Page: Users have a customized Smart Start Page that eliminates unnecessary information and displays only the Loislaw subscriptions a firm can access.
- Find A Case Widget: Users can conveniently access cases from a firm's intranet with the Loislaw Find A Case Widget. This tool is easily downloadable and can be customized to add a firm's logo as well as the colors and layout of the user's choice.
Wolters Kluwer Law & Business is a provider of research products and software solutions in key specialty areas for legal and business professionals as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International, and Loislaw. Loislaw is a provider of online legal content focused on helping attorneys to be more accurate, thorough, and efficient in legal research. Its easy-to-use, value-priced solutions offer attorneys comprehensive, up-to-date primary law for all 50 states and federal jurisdictions as well as expert-authored online treatise libraries focused on practice areas and extensive public records for individuals and corporations. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill.
Facebook to Acquire FriendFeed
Facebook (www.facebook.com) announced that it has agreed to acquire FriendFeed (www.friendfeed.com), a social bookmarking and commentary tool. As part of the agreement, all FriendFeed employees will join Facebook, and FriendFeed's four founders will hold senior roles on Facebook's engineering and product teams. Financial terms of the acquisition were not released.
"Facebook and FriendFeed share a common vision of giving people tools to share and connect with their friends," says Bret Taylor, a FriendFeed co-founder and, previously, the group product manager who launched Google Maps. "We can't wait to join the team and bring many of the innovations we've developed at FriendFeed to Facebook's 250 million users around the world."
"As we spent time with Mark [Zuckerberg] and his leadership team, we were impressed by the open, creative culture they've built and their desire to have us contribute to it," said Paul Buchheit, another FriendFeed co-founder.
Taylor and Buchheit founded FriendFeed along with Jim Norris and Sanjeev Singh in October 2007 after all four played key roles at Google for products such as Gmail and Google Maps. At FriendFeed, they've brought together a world-class team of engineers and designers. FriendFeed is based in Mountain View, Calif., and has 12 employees. FriendFeed.com will continue to operate normally for the time being as the teams determine the longer-term plans for the product.
Founded in February 2004, Facebook's mission is "to give people the power to share and make the world more open and connected." Anyone can sign up for Facebook and interact with the people they know in a trusted environment. Facebook is a privately held company and is headquartered in Palo Alto, Calif.
ALPSP and Swets Announce Launch of 2010 ALJC Collection
The Association of Learned and Professional Society Publishers (ALPSP; www.alpsp.org) and Swets (www.swets.com), a subscription services company, announced the launch of the 2010 ALPSP Learned Journals Collection (ALJC; www.alpsp-collection.org). With a total of 824 titles making up the full set, 88 titles are new to the collection. The 2010 ALJC package offers the availability of nine subject-specific collections and an unparalleled amount of affordable, high-quality electronic content. Four new publishers agreed to make their titles available in the 2010 collection: IM Publications, iMedPub, Lawrence & Wishart, and The Way, bringing the number of participating publishers to 48.
Initiated by ALPSP in 2003, the ALJC is a unique cooperation that enables small and medium-sized publishers to sell their titles effectively to consortia and other library customers. The range of content from the ALJC is supplied to customers through a single umbrella license, pricing model, and delivery platform. The complex licensing and legal structure of this cross-publisher initiative is coordinated by Swets, also servicing the worldwide sales, marketing, and online content access channels for the collection. Rather than dealing with a large number of publishers individually, library customers can access all of the high-quality, full-text ejournals simply and directly through SwetsWise Online Content or through ALJC's own web portal.
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