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At a meeting on Sept. 16, members of the board of Dow Jones & Co. were presented with a three-year management plan. The most surprising element of the plan to many was the lack of change to the existing management. Ken Burenga will stay on as chief operating officer and president, and Peter Kann remains as chairman. Industry observers, however, believe that 1999 will not be a good year for Dow Jones (as with other companies) and some expect that the projections laid out in the plan may be too

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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