BusinessNews Brings Current News to Library Markets

By O Leary, Mick | Information Today, July/August 1994 | Go to article overview

BusinessNews Brings Current News to Library Markets


O Leary, Mick, Information Today


This is the great age of deals in the world of electronic information, where each issue of Information Today announces a new wave of partnerships, strategic alliances, mergers, and acquisitions. The data producers are looking for new channels, the distributors are looking for new content, and everybody is looking for new customers. So maybe it's not too surprising to hear about a deal between OCLC and Individual, Inc. to offer BusinessNews. At first it does seem like a mismatch. For all its growth, steady old OCLC has kept to its roots in the academic and public library market. Individual is a relative newcomer, best known for packaging pricey custom newswire feeds to corporations and special libraries. When two such different companies get into bed with each other, the chances are great for miscommunications, misperceptions, and plain old mistakes. Nevertheless, BusinessNews, the offspring of this union, is a hearty youth that has inherited good qualities from each parent.

For OCLC, BusinessNews is an important new type of data for its EPIC and FirstSearch services. It provides a current news component to OCLC's growing set of business databases. For Individual, it is an entree into a new and potentially very large market that previously has not been well provided with Individual's kind of information.

BUSINESSNEWS SOURCES

BusinessNews is a blend of current articles from business news sources, designed for the research needs and cost limitations of FirstSearch and EPIC customers. It is an application of Individual's HeadsUp service, a customized, filtered extract from a diverse set of newswires, newsletters, and newspapers. It also has abstracting, indexing, and document supply features to suit the search habits on FirstSearch and EPIC.

BusinessNews draws upon a collection of over 300 separate wire services, business journals, and general publications. The majority of its content, however, comes from a small number of important business newswires, including Reuters, PR Newswire, Business Wire, Knight-Ridder/Tribune Business News, Associated Press, and Micropatent. All of these are familiar online names except the last. Micropatent produces a series of full-text patent databases on CD-ROM. This online version provides current patent information in summary form.

Smaller numbers of articles are taken from BusinessNews' other sources, which include specialized and foreign newswires, industry newsletters and trade papers, and U.S. newspapers from the Knight-Ridder chain. This breadth of sources makes BusinessNews an international database, with reports from major business centers around the world, U.S. national news, and important local and regional news from the Knight-Ridder papers. Approximately 1000 records are added each weekday, one or two days after the original release of the source article. Approximately two weeks' worth of stories are maintained online. Each week the oldest stories are removed.

(SOME) BUSINESS NEWS

BusinessNews is highly selective. It concentrates on high tech industry sectors, especially computers, software, information technology, communications, energy, oil, utilities, biomedicine, health care, automobiles, and airlines. Many other major sectors receive virtually no coverage, including the publishing, food and beverage, heavy manufacturing, construction, extractive, financial, retailing, and service industries. It also focuses on company and industry news. The large majority of stories deal with product announcements, financial events, alliances, mergers, acquisitions, and executive changes.

FULL-TEXT BY FAX

Although the source documents received by Individual Inc. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

BusinessNews Brings Current News to Library Markets
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.