Reuters to start financial MySpace

Reuters is planning to launch its own version of MySpace this year, a social networking site aimed at fund managers, traders and analysts.

"You will see us, later in the year, launch a version of MySpace for the financial services community," said the chief executive, Tom Glocer. "It won't have the latest hot videos and the 'why I am into Metallica and the Arctic Monkeys' blogs. Instead we are going to give our financial services users the ability to post their research or if they are traders, their trading models.

"People don't want to have 100 friend requests from teenage girls in Florida if they are trading the credit derivatives market, but they probably are interested in being able to share research."

Mar 04, 2007 | E-MAIL | SAVE | PRINT | PERMALINK | DISCUSS(0)
Tags: newspapers Tags: User-generated content

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