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DOW JONES INTERACTIVE SELLS FULL TEXT CONTENT ONLINE.


Qpass, the leader in digital commerce services, has announced that Factiva, provider of the Web's widest and deepest archive of news and industry publications, will implement the Qpass Digital Commerce Service solution to enable the online sale of articles from its Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Interactive Publications Library to individual business consumers via the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
.

Factiva, a Dow Jones & Reuters Reuters

British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858.
 company, joins other industry-leading information providers and Web sites such as The Wall Street Journal Interactive Edition, The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times on the Web, Forbes.com, Corbis, Los Angeles Times Los Angeles Times

Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name).
 and Morningstar in selecting the Qpass digital commerce transaction platform for the sale of premium digital content See premium content.  and services.

The Dow Jones Interactive Publications Library provides full-text current articles and historical articles published over the last 30 years. The archive includes reporting from Dow Jones and Reuters journalists around the world, plus articles from newspapers, newswires, magazines, trade journals and media transcripts. Dow Jones Interactive is the only one-stop online source for daily full-text content from The Wall Street Journal, The New York Times, Los Angeles Times and The Washington Post.

The Qpass end-to-end end-to-end

a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine.
 digital commerce infrastructure provides Factiva with a fully outsourced solution for transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
, customer registration and customer care functions to support direct digital content sales from its Publication Library via the Internet. In addition, it gives Factiva the tools and flexibility to price, package, distribute and promote digital commerce sales directly through Factiva.com and its affiliated sites. These sites include MSNBC.com, Data Broadcasting Corporation's eSignal, and two sites operated by Dow Jones & Company: wsj.com and dowjones.com.

"Factiva is an incredibly forward-looking company that early on recognized the intrinsic value Intrinsic Value

1. The value of a company or an asset based on an underlying perception of the value.

2. For call options, this is the difference between the underlying stock's price and the strike price.
 of its digital content," said Chase Franklin, co-founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Seattle-based Qpass. "The company needed a global digital commerce solution to extend access to its Publications Library from multiple affiliate sites. What we're delivering is a reliable, scalable and flexible sell-anywhere solution that meets those needs -- from pricing and billing to real-time reporting and taxation -- and that will allow Factiva to expand its audience and recognize new revenue streams almost immediately."

"Qpass has emerged as a clear leader in helping information companies move quickly to implement a digital commerce solution," said Clare Hart, president and CEO of Factiva. "Factiva has a proven track record of reaching businesspeople at their corporate desktops with relevant and reliable global news and business information. Qpass met our need for a digital commerce infrastructure that would expand our reach to individual business consumers on the Web."

About Qpass (www.qpass.com)

Qpass, the leader in digital commerce services, is revolutionizing the market for premium content and services online. With more than a quarter of a million registered users, Qpass has the largest customer base of any micropayments solution on the Internet. Through its flagship Digital Commerce Service, the industry's only end-to-end transaction platform for the marketing, sale and distribution of premium content and services, Qpass provides the building blocks for next-generation digital commerce. Today, Qpass provides the d-commerce infrastructure for some of the most influential publishers and information providers on the Web, including The New York Times, The New York Times, The

Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers.
 Wall Street Journal Interactive Edition, Los Angeles Times, Forbes.com, Corbis and Factiva, a Dow Jones & Reuters Company. The company also developed and markets the Qpass digital PowerWallet, to improve the security and simplicity of consumer purchases online. Founded in 1997, Qpass is headquartered in Seattle, Wash.

For more information, call 206/695-8627.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Online Product News
Date:Jul 1, 2000
Words:572
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