CINXE.COM
Press Room Archive – Dow Jones
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class="pane-date">November 22, 2024</div> <div class="pane-info mobile-hide">Business news and information leader to open new offices in 2025 [NEW YORK, NY] November 22, 2024 – Today, Dow Jones announced plans to expand its existing offices and open new locations that will strengthen its operations throughout the Middle East. Opening in 2025 and building on its global footprint, these offices will host staff from across Dow Jones’s world-renowned brands, and will fortify the company’s news-gathering operations, sales functions and information services focused on risk and energy, among other initiatives. “The Gulf’s position as an emerging hub of innovation in tech and AI requires that we strengthen our presence in the region,” said Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal. “We must continuously reflect the evolving news and information needs of the global business community and that’s why we’re excited to deepen our footprint in the Middle East to deliver reliable journalism, data and analysis across the region and around the world.” The first stop in Dow Jones’s expansion plan is the State of Qatar. The company intends to register and operate within Media City Qatar, a leading hub for global media and technology companies that fosters innovation and collaboration in Qatar’s vibrant media landscape. This news follows a recent announcement of a multi-year agreement that will bring Dow Jones’s marquee technology conference WSJ Tech Live to the State of Qatar starting in December 2025. The Qatar office will also serve as an important facet to Dow Jones’s partnership with the Government Communications Office of the State of Qatar, which seeks to both increase the company’s presence throughout the region, and aligns with the country’s vision to become a global hub for advanced technology and innovation. “The new Dow Jones office in Qatar, alongside WSJ Tech Live Qatar, will mark a significant milestone in advancing Qatar’s technological growth and supportive business environment,” said Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office of the State of Qatar. “This new presence solidifies Qatar’s position as a prime destination for global media and technology companies.” About Dow Jones Dow Jones is the leading global provider of business news and information, delivering news, data and analysis to the global business community and consumers in digital, mobile and events. Dow Jones has produced unrivaled quality business news and information for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to premium publications and information services including The Wall Street Journal, Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV). About the Government Communications Office of the State of Qatar The Government Communications Office was established in 2015 to serve as the strategic communications arm of the State of Qatar. It coordinates communications activities across government and public-sector institutions, showcasing the country’s vision, initiatives and achievements in line with the Qatar National Vision 2030.</div> <a href="https://www.dowjones.com/press-room/dow-jones-to-bolster-middle-east-region-operations/" class="btn-more">Continue Reading <span class="ico-arrow-right-big"></span></a> </div> </div> </li> <li> <div class="generic-shadow"> <div class="pane"> <h3><a href="https://www.dowjones.com/press-room/dow-jones-launches-in-south-korea-its-first-ever-newswires-language-service-powered-by-ai/">Dow Jones Launches in South Korea its first ever Newswires Language Service powered by AI</a></h3> <div class="pane-date">November 21, 2024</div> <div class="pane-info mobile-hide">‘Dow Jones Korean Language Service’ launch represents pathways to penetrate into untapped markets and broaden user base across non-English speaking regions Singapore – [November 21, 2024] – Dow Jones Newswires took a step towards its ambitions to expand into new markets with the launch of its first AI-enabled language service in Korean. Built for the business and financial community in South Korea, the ‘Dow Jones Korean Language Service’ provides market-moving and trusted top-tier financial news in real time. With this launch, Dow Jones Newswires continues its 125-year-plus mission to deliver news, analysis and data with speed and precision in new markets – traits highly valued by financial professionals. The launch in Seoul marks a major milestone in the company’s next generation of products powered by AI technology. Built on a custom tech stack, the initiative delivers highly efficient, scalable, and accurate content translation by selecting the best translation model for each language pair. ‘Dow Jones Korean Language Service’ employs a process that leverages the best-in-class artificial intelligence and years of journalism experience to produce an industry-leading machine translation service for business and financial professionals. The hybrid approach combines AI translations’ efficiency and efficacy with Dow Jones’s linguistic expertise and subject-matter proficiency to produce autotranslation at a high level of consistency and accuracy. “This opens up new opportunities to broaden Dow Jones Newswires’ footprint and business opportunities in non-English speaking regions,” said Joe Cappitelli, general manager of Dow Jones Newswires. “This Korean-language initiative was driven by the increasing demand from companies and investors for trusted, real-time, global news from Dow Jones Newswires in Korea, where we have seen a dramatic increase in trading of US and global markets.” Added APAC General Manager Elayne Gan, “By connecting more users to the wealth of world-class content, we will enable South Korean traders, investors, and financial professionals to access timely and accurate news, analysis, and insights from Dow Jones in their native language. We are very excited about the opportunity it represents in opening new markets for us.” Media announcement in Korean available here. About Dow Jones Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV). Press Contact Elgen Kua (Singapore) elgen.kua@dowjones.com Evelina Leung (Hong Kong) evelina.leung@dowjones.com</div> <a href="https://www.dowjones.com/press-room/dow-jones-launches-in-south-korea-its-first-ever-newswires-language-service-powered-by-ai/" class="btn-more">Continue Reading <span class="ico-arrow-right-big"></span></a> </div> </div> </li> <li> <div class="generic-shadow"> <div class="pane"> <h3><a href="https://www.dowjones.com/press-room/dow-jones-launches-factiva-smart-summary/">Dow Jones Launches Factiva Smart Summary</a></h3> <div class="pane-date">November 13, 2024</div> <div class="pane-info mobile-hide">Dow Jones announces GenAI content licensing agreements with thousands of sources worldwide New York–[November 13, 2024] – Dow Jones today announced the launch of Factiva Smart Summary, a new feature in its business intelligence platform, as the company continues to infuse generative AI (GenAI) into its professional product suite. The move heralds a new era for Factiva, transforming it into a world-class, AI-powered research tool for businesses. Through Factiva Smart Summary, new GenAI capabilities enable corporations to retrieve concise, informative summaries that streamline research and decision-making. The outputs are fully transparent and traceable, drawing on thousands of trusted news sources that Dow Jones has licensed for specific GenAI uses. As part of its commitment to the responsible use of AI, Dow Jones is building the world’s premiere collection of full-text news articles permissioned for use with GenAI tools and applications, with licensing agreements spanning nearly 4,000 sources, 160+ countries and 29 languages–including The Associated Press, AWP Finanznachrichten AG, News Corp Australia, News UK and The Washington Post alongside Dow Jones’s leading news brands The Wall Street Journal, Barron’s, MarketWatch, Investor’s Business Daily, Financial News, Private Equity News and Dow Jones Newswires. “This launch of Factiva Smart Summary harnesses recent advancements in GenAI technology to deliver reliable insights for decision-making, while upholding journalistic integrity,” said Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal. “As a leader in business intelligence, we’re dedicated to building responsibly and safeguarding publisher value.” “For over 25 years, Factiva has connected businesses with trusted, copyright-compliant content. As generative AI ushers in a new era for media organizations, we’re putting authenticity first,” said Traci Mabrey, General Manager, Factiva. “We believe transparency and fair compensation are essential to building a healthy media landscape—one where AI strengthens, not undermines, our industry.” Factiva Smart Summary, engineered with Google’s Gemini models on Google Cloud, joins Dow Jones’s growing suite of AI-powered products designed to enhance and streamline decision-making. This initiative is the latest in a series of GenAI partnerships as Dow Jones continues to roll out this new technology throughout the company and to the benefit of its customers and readers. Recent developments include: Factiva Feed for GenAI and Dow Jones Newswires GenAI Feed which provide enterprises and financial firms with licensed, copyright-compliant full-text content to power custom generative AI applications such as chatbots, article and portfolio summarization, newsletter creation and research efficiency. Dow Jones Integrity Check, an automated research platform that harnesses leading-edge generative and entity resolution AI technologies from Xapien, enabling organizations to build an investigative due diligence report on companies and individuals in as little as five minutes. RiskCenter Advanced Screening and Monitoring (ASAM), powered by natural language processing technology from Ripjar, enables faster, more efficient high-volume screening for financial crime and third-party risk management. “Dow Jones’s use of Google’s Gemini models on Google Cloud to power GenAI search summaries marks a significant step towards leveraging the technology to enhance information access and analysis,” said Michael Clark, President, North America, Google Cloud. “By combining our models with the extensive Factiva content set, we’re showcasing how GenAI can be a powerful tool for growth for the media industry.” Factiva Smart Summary is now available to all subscribers starting today. For more information please visit www.Factiva.com. About Dow Jones Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV). Press Contact Louise Goodenday (UK) louise.goodenday@dowjones.com Kamilla Rahman (US) kamilla.rahman@dowjones.com</div> <a href="https://www.dowjones.com/press-room/dow-jones-launches-factiva-smart-summary/" class="btn-more">Continue Reading <span class="ico-arrow-right-big"></span></a> </div> </div> </li> <li> <div class="generic-shadow"> <div class="pane"> <h3><a href="https://www.dowjones.com/press-room/dow-jones-expands-investment-in-ripjar/">Dow Jones Expands Investment in Ripjar</a></h3> <div class="pane-date">November 8, 2024</div> <div class="pane-info mobile-hide">Increased Minority Ownership Stake Furthers Growing Commitment to the Risk and Compliance Market NEW YORK–[NOVEMBER 8, 2024] – Dow Jones today announced it has expanded its ownership stake in Ripjar, a global leader in data intelligence software. This strategic investment reflects Dow Jones’s ongoing commitment to providing leading-edge AI to the risk and compliance community. The move is the latest in a series of investments and initiatives that have helped transform Dow Jones to become a leading information service provider. Since its founding, Ripjar has pioneered new technologies to protect financial firms and enterprises from the rising threat of money laundering, fraud, cyber crime and terrorism. Dow Jones has partnered with Ripjar since 2018 to deliver advanced risk screening and monitoring solutions to thousands of compliance customers. It first announced an equity investment in Ripjar in 2023. “It’s our mission to deliver the world’s most trusted journalism, data and analysis to help people make decisions. Our increased investment in Ripjar helps Dow Jones in serving the growing global Risk and Compliance community,” said Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal. “We continue to find ways to expand our products and services to professionals who navigate an increasingly complex global economy and remain up-to-date on the evolving regulatory landscape.” Dow Jones’s executive vice president and general manager of Risk & Research Joel Lange will work closely alongside Ripjar’s newly appointed CEO Tom Obermaier and majority investor Long Ridge Equity Partners to grow its operations internationally, as well as supporting new and existing customers to navigate a complex compliance landscape. With this increased stake, Dow Jones reinforces the importance of this long-standing partnership while strengthening its own position at the forefront of innovation. This is also the latest investment the company has made in new and emerging technologies that further its portfolio of B2B products and services. Earlier this year, Dow Jones acquired A2i Systems, a world leader in AI-powered fuel pricing solutions, to support its growing energy business and infuse innovation across the portfolio. This investment comes at a time of rapid growth for Dow Jones Risk & Compliance, which provides best-in-class data, integrated technology solutions and due diligence services for managing regulatory and reputational risk. In fiscal year 2024, the business grew 16% year-over-year, reaching nearly $300 million in revenues. About Dow Jones Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV). About Ripjar Ripjar is a data intelligence platform company whose mission is to help organisations and governments automate the detection, investigation, and monitoring of threats from criminal activity. Founded by former members of the UK’s Government Communications Headquarters (GCHQ), Ripjar develops software products that combine automation, artificial intelligence, and data visualisation to help companies solve the most complex risk and security management problems at scale. For more information, visit www.ripjar.com and follow @Ripjar on LinkedIn. 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