GlobeNewswire provides

press release A press release (also known as a media release) is an official statement delivered to members of the news media for the purpose of providing new information, creating an official statement, or making an announcement directed for public releas ...

distribution services globally, with substantial operations in

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

and

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

. In 2025, Notified, parent company GlobeNewswire entered into an agreement to be acquired by

Equiniti Equiniti Group is a British-based outsourcing business focused on financial and administration services. History The business has its origins in the share registration business of Lloyds TSB which was bought out from Lloyds by Advent Interna ...

. GlobeNewswire was a

Nasdaq, Inc. Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange (on which it is also listed), the Philadelphia Stock Exchange, and ...

subsidiary from September 2006 until April 2018 when West Corporation (no
Notified
acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope.

History

GlobeNewswire was established in 1998 with the goal of eliminating the 15-minute delay in disclosing financial releases to all media, as well as offering

Investor Relations Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law Regulatory compliance, compliance to enable the most effective two-way communication between a com ...

website management services, hosting online customer service centers, and delivering the news via

HTML Hypertext Markup Language (HTML) is the standard markup language for documents designed to be displayed in a web browser. It defines the content and structure of web content. It is often assisted by technologies such as Cascading Style Sheets ( ...

email. GlobeNewswire facilitates the distribution of corporate press releases, financial disclosures, and multimedia content to various stakeholders, including the media, investment community, individual investors, and the general public. In 2012, GlobeNewswire introduced its Streaming Media Player, which allows users to alternate between videos and slides while monitoring a variety of news sources. In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for

organization An organization or organisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences) is an legal entity, entity—such as ...

s publishing press releases to embed a carousel of

image An image or picture is a visual representation. An image can be Two-dimensional space, two-dimensional, such as a drawing, painting, or photograph, or Three-dimensional space, three-dimensional, such as a carving or sculpture. Images may be di ...

s, audio,

video Video is an Electronics, electronic medium for the recording, copying, playback, broadcasting, and display of moving picture, moving image, visual Media (communication), media. Video was first developed for mechanical television systems, whi ...

, and

live streaming Livestreaming, live-streaming, or live streaming is the streaming media, streaming of video or Digital audio, audio in real-time communication, real time or near real time. While often referred to simply as ''streaming'', the real-time nature ...

into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors, and customers.

Notable events

In September 2021, GlobeNewswire published an unconfirmed

fake news Fake news or information disorder is false or misleading information (misinformation, disinformation, propaganda, and hoaxes) claiming the aesthetics and legitimacy of news. Fake news often has the aim of damaging the reputation of a person ...

article that

Walmart Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other ...

will accept Litecoin LTC payments. As a result, millions of dollars in

crypto exchange A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may acce ...

s were liquidated. Shortly thereafter, the article was deleted, but the damage had already been done. The article was primarily launched by a possibly hacked LiteCoin Twitter account; alternatively, active assistance to manipulate the market is also conceivable.

References

External links

Official Website
{{Nasdaqomx Companies based in Los Angeles Mass media companies established in 1998 Nasdaq, Inc. Press release agencies Public relations companies of the United States News agencies based in the United States

History

Notable events

See also

References

External links