From the Article:

Reuters lags news-service rivals AP and Bloomberg in releasing mobile apps, but the company plans to spend heavily to make up for any lost time. On Monday, the UK news services company will release its Thomson Reuters News Pro app for the iPhone and Blackberry. The company has been in cost-cutting mode since last fall’s global financial collapse, Chris Ahearn, Thomson Reuters’ president of media, told paidContent that the company was still moving forward on Thomson Reuters Markets CEO Devin Wenig’s promise to invest $1 billion in building up its multimedia capabilities. That push revolves around ramping up its video capabilities for both TV and the web.

Source: mocoNews

This entry was posted on Monday, May 11th, 2009 and is filed under Web 2.0, Wireless Web and Search. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.