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Stockgroup Information Systems has partnered with Trigcom AS to offer real-time streaming data and news to mobile device users in Norway. Trigcom AS imports and sells BlackBerry smartphones and will promote Stockgroup's Marketstream product.
Dow Jones Indexes has launched a service to provide widgets that webmasters can easily add to their websites and display the highly-recognized Dow Jones Industrial Averages as well as other indexes calculated by Dow Jones. The widget is also available through QuoteMedia for $5000 a year.
Pearson has agreed to sell its 50% stake in Financial Times Deutschland to Gruner + Jahr. In doing so, FT will licence the Financial Times brand and FT content to FT Deutschland.
CEO Clips has partnered with Fox Business News Network to broadcast a series of 1-2 minute video segments on publicly-traded North American companies. CEO Clips was launched by Taylor Thoen, the founder of BTV-Business Television, a half-hour weekly business program, syndicated across Canada and the United States.
Virtual investing social network The UpDown has received $750,000 in additional funding from Swiss investor Joachim Schoss.
Financial Media Group has appointed Jim Sugarman to the role of Vice President of The Wealth Expo, a a tradeshow venue that offers investment education and showcases investment opportunities. Sugarman was previously president and co-founder of The Online Trading Expo, which was acquired by InterShow, the producer of The Money Show.
Stockgroup Information Systems has named Dana Stetson as vice-president of worldwide sales. He was director of broker dealer sales for Lava Trading and vice-president of sales for dynamicsoft. Earlier in the week, Karl Buhr joined Stockgroup as chief operating officer. He was formerly chief operating officer of Telemdia, a provider of mobile content on wireless carrier platforms.
Fund.com has completed a reverse merger with Eastern Services Holdings to become a publicly-traded company under the ticker symbol, ESVH, on the over-the-counter bulletin board. The company plans to create an Internet-based financial publishing, online advertising and content licensing business focused exclusively on the investment fund industry.
Pearson has acquired Money-Media, the publisher of Ignites, Fundfire and other online news and commentary websites for the money management industry. The company generated $16 million in revenues for 2007.
