S&P strikes multi-device data deal with NewsTakes

S&P strikes multi-device data deal with NewsTakes

Standard & Poor's Comstock has struck a deal in which Silicon Valley-based start-up NewsTakes will reformat its market data for delivery to any Internet-enabled device.

Available across PDAs, WAP phones, laptop and handheld PCs, and via any network at any bandwidth, NewsTakes says its patent-pending technology will automatically reformat data from a single stored copy and optimise the display for each device.

The NewsTakes reformatting engine works across divergent media. For example, a video news feed may be shown on a wireless PDA as a series of slides, with accompanying audio or text, says the company. Similarly, a financial chart originally intended for display on a television or computer can be sized automatically to make it readable on a variety of cellular phones.

"NewsTakes' technology allows us to offer our customers additional choice through accessibility to our data via a wide range of mobile access devices," says Mark Hepsworth, managing director-Europe for Standard & Poor's ComStock. He says NewsTakes guarantees support for any new device within 48 hours of commercial release.

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