DJN's Stern Defends the Value of News

IMD EUROPE 2004 REVIEW

Gabriella Stern, senior editor of EMEA at Dow Jones Newswires, contrasted the value of data services versus real-time news in her keynote address: "In Defense of Real-Time News." The following are excerpts.

"Sure, news is just one of the many information inputs into decision-making in the business of financial markets. But it's not binary—unlike the bits and bytes that power those program trades…

"So, while news may compete for the same dollars in a data manager's budget, the value propositio

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