Last.fm is a music website, founded in the United Kingdom in 2002. Using a music recommender system called "Audioscrobbler", Last.fm builds a detailed profile of each user's musical taste by recording details of the tracks the user listens to, either from Internet radio stations, or the user's computer or many portable music devices. This information is transferred to Last.fm's database either via the music player itself or via a plug-in installed into the user's music player. The data is displayed on the user's profile page and compiled to create reference pages for individual artists. On 30 May 2007, it was acquired by CBS Interactive for UK£140 million; the site offered a radio streaming service, discontinued on 28 April 2014. The ability to access the large catalogue of music stored on the site was removed replaced by links to YouTube and Spotify where available; the current Last.fm website was developed from two separate sources: Last.fm and Audioscrobbler, which were merged in 2005. Audioscrobbler began as a computer science project of Richard Jones when he attended the University of Southampton School of Electronics and Computer Science in the United Kingdom, with the term scrobbling defined as the finding and distribution of information involving people and other data.
Jones developed the first plugins, opened an API to the community, after which many music players on different operating system platforms were supported. Audioscrobbler was limited to keeping track of which songs its users played on a registered computer, which allowed for charting and collaborative filtering. Last.fm was founded in 2002 by Felix Miller, Martin Stiksel, Michael Breidenbruecker and Thomas Willomitzer, all of them from Germany or Austria, as an internet radio station and music community site, using similar music profiles to generate dynamic playlists. The site name takes advantage of a domain hack using.fm, the top level domain of Micronesia, popular with FM radio related sites. The "love" and "ban" buttons allowed users to customise their profiles. Last.fm won the Europrix 2002 and was nominated for the Prix Ars Electronica in 2003. The Audioscrobbler and Last.fm teams began to work together, both teams moving into the same offices in Whitechapel, by 2003 Last.fm was integrated with Audioscrobbler profiles.
Input could come through a Last.fm station. The sites shared many community forums, although a few were unique to each site; the old Audioscrobbler site at the audioscrobbler.com domain name was wholly merged into the new Last.fm site on 9 August 2005. Audioscrobbler.net was launched as a separate development-oriented site on 5 September 2005. However, at the bottom of each of the Last.fm pages there was an Audioscrobbler "slogan", which changes each time the page is refreshed. Based on well-known sayings or advertisements, these appeared at the top of the Audioscrobbler website pages and were all created and contributed by the original site members. An update to the site was made on 14 July 2006, which included a new software application for playing Last.fm radio streams and for logging of tracks played with other media players. Other changes included the improvement of the friends system and updating it to require a two-way friendship, the addition of the Last.fm "Dashboard" where users can see on one page relevant information for their profile, expanded options for purchasing music from online retailers and a new visual design for the web site.
The site began expanding its language base on 15 July 2006, with a Japanese version. The site is available in German, French, Polish, Swedish, Russian and Simplified Chinese. In late 2006, the site won Best Community Music Site at the BT Digital Music Awards in October. Last.fm teamed with EMI on Tuneglue-Audiomap. In January 2007 it was nominated for Best Website at the NME Awards. At the end of April 2007, rumours of negotiations between CBS and Last.fm emerged, suggesting that CBS intended to purchase Last.fm for about £225 million. In May 2007 it was announced that Channel 4 Radio was to broadcast a weekly show called Worldwide Chart reflecting what Last.fm users around the world were listening to. On 30 May 2007, it was announced that Last.fm had been bought by CBS for £140 million with Last.fm's current management team staying in place. In July 2008, the "new generation" Last.fm was launched featuring a new layout, color scheme, several new features, as well as some old ones removed. This was, met with dissatisfaction amongst some users, who complained about the "ugly and non-user-friendly layout", slowness.
Still, a month after the redesign a CBS press release credited the redesign with generating a 20% growth in the site's traffic. On 22 February 2009, Techcrunch claimed that " RIAA asked social music service Last.fm for data about its user's listening habits to find people with unreleased tracks on their computers. And Last.fm, owned by CBS handed the data over to the RIAA." This led to several public postings from both Last.fm and Techcrunch, with Last.fm denying passing any personal data to RIAA. The request was purportedly prompted by the leak of U2's then-unreleased album No Line On The Horizon, its subsequent widespread distribution via peer-to-peer file sharing services such as BitTorrent. Three months on 22 May 2009, Techcrunch claimed that it was CBS, the parent company of Last.fm, that handed over the data. Last.fm again denied that this was the case, saying that CBS couldn't have handed over the data withou
Yale University is a private Ivy League research university in New Haven, Connecticut. Founded in 1701, it is the third-oldest institution of higher education in the United States and one of the nine Colonial Colleges chartered before the American Revolution. Chartered by Connecticut Colony, the "Collegiate School" was established by clergy to educate Congregational ministers, it moved to New Haven in 1716 and shortly after was renamed Yale College in recognition of a gift from British East India Company governor Elihu Yale. Restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first Ph. D. in the United States in 1861 and organizing as a university in 1887. Its faculty and student populations grew after 1890 with rapid expansion of the physical campus and scientific research. Yale is organized into fourteen constituent schools: the original undergraduate college, the Yale Graduate School of Arts and Sciences and twelve professional schools.
While the university is governed by the Yale Corporation, each school's faculty oversees its curriculum and degree programs. In addition to a central campus in downtown New Haven, the university owns athletic facilities in western New Haven, a campus in West Haven and forest and nature preserves throughout New England; the university's assets include an endowment valued at $29.4 billion as of October 2018, the second largest endowment of any educational institution in the world. The Yale University Library, serving all constituent schools, holds more than 15 million volumes and is the third-largest academic library in the United States. Yale College undergraduates follow a liberal arts curriculum with departmental majors and are organized into a social system of residential colleges. All members of the Faculty of Arts and Sciences—and some members of other faculties—teach undergraduate courses, more than 2,000 of which are offered annually. Students compete intercollegiately as the Yale Bulldogs in the NCAA Division I – Ivy League.
As of October 2018, 61 Nobel laureates, 5 Fields Medalists and 3 Turing award winners have been affiliated with Yale University. In addition, Yale has graduated many notable alumni, including five U. S. Presidents, 19 U. S. Supreme Court Justices, 31 living billionaires and many heads of state. Hundreds of members of Congress and many U. S. diplomats, 78 MacArthur Fellows, 247 Rhodes Scholars and 119 Marshall Scholars have been affiliated with the university. Its wealth and influence have led to Yale being reported as amoungst the most prestigious universities in the United States. Yale traces its beginnings to "An Act for Liberty to Erect a Collegiate School", passed by the General Court of the Colony of Connecticut on October 9, 1701, while meeting in New Haven; the Act was an effort to create an institution to train ministers and lay leadership for Connecticut. Soon thereafter, a group of ten Congregational ministers, Samuel Andrew, Thomas Buckingham, Israel Chauncy, Samuel Mather, Rev. James Noyes II, James Pierpont, Abraham Pierson, Noadiah Russell, Joseph Webb, Timothy Woodbridge, all alumni of Harvard, met in the study of Reverend Samuel Russell in Branford, Connecticut, to pool their books to form the school's library.
The group, led by James Pierpont, is now known as "The Founders". Known as the "Collegiate School", the institution opened in the home of its first rector, Abraham Pierson, today considered the first president of Yale. Pierson lived in Killingworth; the school moved to Saybrook and Wethersfield. In 1716, it moved to Connecticut. Meanwhile, there was a rift forming at Harvard between its sixth president, Increase Mather, the rest of the Harvard clergy, whom Mather viewed as liberal, ecclesiastically lax, overly broad in Church polity; the feud caused the Mathers to champion the success of the Collegiate School in the hope that it would maintain the Puritan religious orthodoxy in a way that Harvard had not. In 1718, at the behest of either Rector Samuel Andrew or the colony's Governor Gurdon Saltonstall, Cotton Mather contacted the successful Boston born businessman Elihu Yale to ask him for financial help in constructing a new building for the college. Through the persuasion of Jeremiah Dummer, Elihu "Eli" Yale, who had made a fortune through trade while living in Madras as a representative of the East India Company, donated nine bales of goods, which were sold for more than £560, a substantial sum at the time.
Cotton Mather suggested that the school change its name to "Yale College".. Meanwhile, a Harvard graduate working in England convinced some 180 prominent intellectuals that they should donate books to Yale; the 1714 shipment of 500 books represented the best of modern English literature, science and theology. It had a profound effect on intellectuals at Yale. Undergraduate Jonathan Edwards discovered John Locke's works and developed his original theology known as the "new divinity". In 1722 the Rector and six of his friends, who had a study group to discuss the new ideas, announced that they had given up Calvinism, become Arminians and joined the Church of England, they were returned to the colonies as missionaries for the Anglican faith. Thomas Clapp became president in 1745 and struggled to return the college to Calvinist orthodoxy, but he did not close the library. Other students found Deist books in the library. Yale was swept up by the great intellectual movements of the peri
Brian McBride (director)
Brian James McBride is the chairman of ASOS.com, the online fashion retailer, chairman of Wiggle Ltd, the online cycling and tri-sports business. He is the former managing director of the Slough-based Amazon.co.uk in the UK. He was born in Glasgow in 1955 and educated at Our Lady of Lourdes Secondary School in Cardonald and at the University of Glasgow where he graduated Master of Arts in Economic History and Politics. During his time at university he was president of Glasgow University Union, he joined Xerox in 1977 and subsequently worked for IBM, and, from 2003 to 2005, T-Mobile where he was managing director. He was a non-executive director of the Scottish football club, Celtic F. C. from 2006 to 2010. He is Senior Non-Executive Director at AO.com PLC, senior adviser to Scottish Equity Partners, a member of the UK Government’s Digital Advisory Board and he is a member of the Court of the University of Glasgow. He has served as a Non-Executive Director of the BBC and Computacenter PLC, served on the Advisory Board of Huawei UK.
In 2016 McBride was named as a Senior Adviser to Lazard's Financial Advisory business, with a focus on the technology sector. Think Small - article by Brian McBride on Wired.co.uk
Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington that focuses in e-commerce, cloud computing, artificial intelligence. Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon.com was founded by Jeff Bezos on July 5, 1994, started as an online bookstore but diversified to sell video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, video games, apparel, food and jewelry. The company owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, produces consumer electronics lines including Kindle e-readers, Fire tablets, Fire TV, Echo devices, is the world's largest provider of cloud infrastructure services through its AWS subsidiary. Amazon has separate retail websites for some countries and offers international shipping of some of its products to certain other countries. 100 million people subscribe to Amazon Prime.
Amazon is the largest Internet company by revenue in the world and the second largest employer in the United States. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for $13.4 billion, which vastly increased Amazon's presence as a brick-and-mortar retailer. The acquisition was interpreted by some as a direct attempt to challenge Walmart's traditional retail stores. In 1994, Jeff Bezos incorporated Amazon. In May 1997, the organization went public; the company began selling music and videos in 1998, at which time it began operations internationally by acquiring online sellers of books in United Kingdom and Germany. The following year, the organization sold video games, consumer electronics, home-improvement items, software and toys in addition to other items. In 2002, the corporation started Amazon Web Services, which provided data on Web site popularity, Internet traffic patterns and other statistics for marketers and developers.
In 2006, the organization grew its AWS portfolio when Elastic Compute Cloud, which rents computer processing power as well as Simple Storage Service, that rents data storage via the Internet, were made available. That same year, the company started Fulfillment by Amazon which managed the inventory of individuals and small companies selling their belongings through the company internet site. In 2012, Amazon bought Kiva Systems to automate its inventory-management business, purchasing Whole Foods Market supermarket chain five years in 2017; as of March 2019, the board of directors is: Jeff Bezos, President, CEO, Chairman Tom Alberg, Managing partner, Madrona Venture Group Rosalind Brewer, Group President, COO, Starbucks Jamie Gorelick, Wilmer Cutler Pickering Hale, Dorr Daniel P. Huttenlocher and Vice Provost, Cornell University Judy McGrath, former CEO, MTV Networks Indra Nooyi, former CEO, PepsiCo Jon Rubinstein, former Chairman, CEO, Inc. Thomas O. Ryder, former Chairman, CEO, Reader's Digest Association Patty Stonesifer, CEO, Martha's Table Wendell P. Weeks, President, CEO, Corning Inc.
In 2000, U. S. toy retailer Toys "R" Us entered into a 10-year agreement with Amazon, valued at $50 million per year plus a cut of sales, under which Toys "R" Us would be the exclusive supplier of toys and baby products on the service, the chain's website would redirect to Amazon's Toys & Games category. In 2004, Toys "R" Us sued Amazon, claiming that because of a perceived lack of variety in Toys "R" Us stock, Amazon had knowingly allowed third-party sellers to offer items on the service in categories that Toys "R" Us had been granted exclusivity. In 2006, a court ruled in favor of Toys "R" Us, giving it the right to unwind its agreement with Amazon and establish its own independent e-commerce website; the company was awarded $51 million in damages. In 2001, Amazon entered into a similar agreement with Borders Group, under which Amazon would co-manage Borders.com as a co-branded service, Borders pulled out of the arrangement in 2007, with plans to launch its own online store. On October 18, 2011, Amazon.com announced a partnership with DC Comics for the exclusive digital rights to many popular comics, including Superman, Green Lantern, The Sandman, Watchmen.
The partnership has caused well-known bookstores like Barnes & Noble to remove these titles from their shelves. In November 2013, Amazon announced a partnership with the United States Postal Service to begin delivering orders on Sundays; the service, included in Amazon's standard shipping rates, initiated in metropolitan areas of Los Angeles and New York because of the high-volume and inability to deliver in a timely way, with plans to expand into Dallas, New Orleans and Phoenix by 2014. In June 2017, Nike confirmed a "pilot" partnership with Amazon to sell goods directly on the platform; as of October 11, 2017, AmazonFresh sells a range of Booths branded products for home delivery in selected areas. In September 2017, Amazon ventured with one of its sellers JV Appario Retail owned by Patni Group which has recorded a total income of US$ 104.44 million in financial year 2017–18. In November 2018, Amazon reached an agreement with Apple Inc. to sell selected products through the service, via the company and selected Apple Authorized Resellers.
As a result of this partnership, only Apple Authorized Resellers may sell Apple products on Amazon effective January 4, 2019. Amazon.com's product lines available at its website include several media, baby products, consumer electronics, beauty products, gourmet food, groceries and perso
Slashdot is a social news website that billed itself as "News for Nerds. Stuff that Matters", it features news stories on science and politics that are submitted and evaluated by site users and editors. Each story has a comments section attached to it; the website was founded in 1997 by Hope College students Rob Malda known as "CmdrTaco", classmate Jeff Bates known as "Hemos". In 2012, they sold it to DHI Group, Inc.. In January 2016, BizX acquired Slashdot Media, including SourceForge. Summaries of stories and links to news articles are submitted by Slashdot's own users, each story becomes the topic of a threaded discussion among users. Discussion is moderated by a user-based moderation system. Randomly selected moderators are assigned points. Moderation applies either −1 or +1 to the current rating, based on whether the comment is perceived as either "normal", "offtopic", "insightful", "redundant", "interesting", or "troll"; the site's comment and moderation system is administered by its own open source content management system, available under the GNU General Public License.
In 2012, Slashdot had around 3.7 million unique visitors per month and received over 5300 comments per day. The site has won more than 20 awards, including People's Voice Awards in 2000 for "Best Community Site" and "Best News Site". At its peak use, a news story posted to the site with a link could overwhelm some smaller or independent sites; this phenomenon was known as the "Slashdot effect". Slashdot was preceded by Rob Malda's personal website "Chips & Dips", launched in October 1997, featured a single "rant" each day about something that interested its author – something to do with Linux or open source software. At the time, Malda was a student at Hope College in Holland, majoring in computer science; the site became "Slashdot" in September 1997 under the slogan "News for Nerds. Stuff that Matters," and became a hotspot on the Internet for news and information of interest to computer geeks; the name "Slashdot" came from a somewhat "obnoxious parody of a URL" – when Malda registered the domain, he desired to make a name, "silly and unpronounceable" – try pronouncing out, "h-t-t-p-colon-slash-slash-slashdot-dot-org".
By June 1998, the site was seeing as many as 100,000 page views per day and advertisers began to take notice. Slashdot was co-founded by Jeff Bates. By December 1998, Slashdot had net revenues of $18,000, yet its Internet profile was higher, revenues were expected to increase. On June 29, 1999, the site was sold to Linux megasite Andover.net for $1.5 million in cash and $7 million in Andover stock at the Initial public offering price. Part of the deal was contingent upon the continued employment of Malda and Bates and on the achievement of certain "milestones". With the acquisition of Slashdot, Andover.net could now advertise itself as "the leading Linux/Open Source destination on the Internet". Andover.net merged with VA Linux on February 3, 2000, which changed its name to SourceForge, Inc. on May 24, 2007, became Geeknet, Inc. on November 4, 2009. Slashdot's 10,000th article was posted after two and a half years on February 24, 2000, the 100,000th article was posted on December 11, 2009 after 12 years online.
During the first 12 years, the most active story with the most responses posted was the post-2004 US Presidential Election article "Kerry Concedes Election To Bush" with 5,687 posts. This followed the creation of a new article section, politics.slashdot.org, created at the start of the 2004 election on September 7, 2004. Many of the most popular stories are political, with "Strike on Iraq" the second-most-active article and "Barack Obama Wins US Presidency" the third-most-active; the rest of the 10 most active articles are an article announcing the 2005 London bombings, several articles about Evolution vs. Intelligent Design, Saddam Hussein's capture, Fahrenheit 9/11. Articles about Microsoft and its Windows Operating System are popular. A thread posted in 2002 titled "What's Keeping You On Windows?" was the 10th-most-active story, an article about Windows 2000/NT4 source-code leaks the most visited article with more than 680,000 hits. Some controversy erupted on March 9, 2001 after an anonymous user posted the full text of Scientology's "Operating Thetan Level Three" document in a comment attached to a Slashdot article.
The Church of Scientology demanded that Slashdot remove the document under the Digital Millennium Copyright Act. A week in a long article, Slashdot editors explained their decision to remove the page while providing links and information on how to get the document from other sources. Slashdot Japan is an official offshoot of the US-based Web site; as of January 2010 the site was owned by OSDN-Japan, Inc. and carried some of the US-based Slashdot articles as well as localized stories. An external site, New Media Services, has reported the importance of Online Moderation last December 1, 2011. On Valentine's Day 2002, founder Rob Malda proposed to longtime girlfriend Kathleen Fent using the front page of Slashdot, they were married on December 2002, in Las Vegas, Nevada. Slashdot implemented a paid subscription service on March 1, 2002. Slashdot's subscription model works by allowing users to pay a small fee to be able to view pages without banner ads, starting at a rate of $5 per 1,000 page views – non-subscribers may still view articles and respo
National Library of Australia
The National Library of Australia is the largest reference library in Australia, responsible under the terms of the National Library Act for "maintaining and developing a national collection of library material, including a comprehensive collection of library material relating to Australia and the Australian people." In 2012–13, the National Library collection comprised 6,496,772 items, an additional 15,506 metres of manuscript material. It is located in Parkes, Canberra, ACT; the National Library of Australia, while formally established by the passage of the National Library Act 1960, had been functioning as a national library rather than a Parliamentary Library since its inception. In 1901, a Commonwealth Parliamentary Library was established to serve the newly formed Federal Parliament of Australia. From its inception the Commonwealth Parliamentary Library was driven to development of a national collection. In 1907 the Joint Parliamentary Library Committee under the Chairmanship of the Speaker, Sir Frederick William Holder defined the objective of the Commonwealth Parliamentary Library in the following words: The Library Committee is keeping before it the ideal of building up, for the time when Parliament shall be established in the Federal Capital, a great Public Library on the lines of the world-famed Library of Congress at Washington.
The present library building was opened on 15 August 1968 by Prime Minister John Gorton. The building was designed by the architectural firm of Bunning and Madden in the Late Twentieth Century Stripped Classical style; the foyer is decorated in marble, with stained-glass windows by Leonard French and three tapestries by Mathieu Matégot. The building was listed on the Australian Commonwealth Heritage List on 22 June 2004. In 2012–13 the Library collection comprised 6,496,772 items, with an estimated additional 2,325,900 items held in the manuscripts collection; the Library's collections of Australiana have developed into the nation's single most important resource of materials recording the Australian cultural heritage. Australian writers and illustrators are sought and well represented—whether published in Australia or overseas; the Library's collection includes all formats of material, from books, journals and manuscripts to pictures, maps, oral history recordings, manuscript papers and ephemera.
92.1% of the Library's collection has been catalogued and is discoverable through the online catalogue. The Library has digitized over 174,000 items from its collection and, where possible, delivers these directly across the Internet; the Library is a world leader in digital preservation techniques, maintains an Internet-accessible archive of selected Australian websites called the Pandora Archive. The Library collects material produced by Australians, for Australians or about the Australian experience in all formats—not just printed works—books, newspapers, posters and printed ephemera—but online publications and unpublished material such as manuscripts and oral histories. A core Australiana collection is that of John A. Ferguson; the Library has particular collection strengths in the performing arts, including dance. The Library's considerable collections of general overseas and rare book materials, as well as world-class Asian and Pacific collections which augment the Australiana collections.
The print collections are further supported by extensive microform holdings. The Library maintains the National Reserve Braille Collection; the Library houses the largest and most developing research resource on Asia in Australia, the largest Asian language collections in the Southern hemisphere, with over half a million volumes in the collection, as well as extensive online and electronic resources. The Library collects resources about all Asian countries in Western languages extensively, resources in the following Asian languages: Burmese, Persian, Japanese, Korean, Manchu, Thai and Vietnamese; the Library has acquired a number of important Western and Asian language scholarly collections from researchers and bibliophiles. These collections include: Australian Buddhist Library Collection Braga Collection Claasz Collection Coedes Collection London Missionary Society Collection Luce Collection McLaren-Human Collection Otley Beyer Collection Sakakibara Collection Sang Ye Collection Simon Collection Harold S. Williams Collection The Asian Collections are searchable via the National Library's catalogue.
The National Library holds an extensive collection of manuscripts. The manuscript collection contains about 26 million separate items, covering in excess of 10,492 meters of shelf space; the collection relates predominantly to Australia, but there are important holdings relating to Papua New Guinea, New Zealand and the Pacific. The collection holds a number of European and Asian manuscript collections or single items have been received as part of formed book collections; the Australian manuscript collections date from the period of maritime exploration and settlement in the 18th century until the present, with the greatest area of strength dating from the 1890s onwards. The collection includes a large number of outstanding single items, such as the 14th century Chertsey Cartulary, the journal of James Cook on the HM Bark Endeavour, inscribed on t
The Wall Street Journal
The Wall Street Journal is a U. S. business-focused, English-language international daily newspaper based in New York City. The Journal, along with its Asian and European editions, is published six days a week by Dow Jones & Company, a division of News Corp; the newspaper is published in online. The Journal has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, Charles Bergstresser; the Wall Street Journal is one of the largest newspapers in the United States by circulation, with a circulation of about 2.475 million copies as of June 2018, compared with USA Today's 1.7 million. The Journal publishes the luxury news and lifestyle magazine WSJ, launched as a quarterly but expanded to 12 issues as of 2014. An online version was launched in 1996, accessible only to subscribers since it began; the newspaper is notable for its award-winning news coverage, has won 37 Pulitzer Prizes. The editorial pages of the Journal are conservative in their position. The"Journal" editorial board has promoted fringe views on the science of climate change, acid rain, ozone depletion, as well as on the health harms of second-hand smoke and asbestos.
The first products of Dow Jones & Company, the publisher of the Journal, were brief news bulletins, nicknamed "flimsies", hand-delivered throughout the day to traders at the stock exchange in the early 1880s. They were aggregated in a printed daily summary called the Customers' Afternoon Letter. Reporters Charles Dow, Edward Jones, Charles Bergstresser converted this into The Wall Street Journal, published for the first time on July 8, 1889, began delivery of the Dow Jones News Service via telegraph. In 1896, The "Dow Jones Industrial Average" was launched, it was the first of several indices of bond prices on the New York Stock Exchange. In 1899, the Journal's Review & Outlook column, which still runs today, appeared for the first time written by Charles Dow. Journalist Clarence Barron purchased control of the company for US$130,000 in 1902. Barron and his predecessors were credited with creating an atmosphere of fearless, independent financial reporting—a novelty in the early days of business journalism.
In 1921, Barron's, the United States's premier financial weekly, was founded. Barron died in 1928, a year before Black Tuesday, the stock market crash that affected the Great Depression in the United States. Barron's descendants, the Bancroft family, would continue to control the company until 2007; the Journal took its modern shape and prominence in the 1940s, a time of industrial expansion for the United States and its financial institutions in New York. Bernard Kilgore was named managing editor of the paper in 1941, company CEO in 1945 compiling a 25-year career as the head of the Journal. Kilgore was the architect of the paper's iconic front-page design, with its "What's News" digest, its national distribution strategy, which brought the paper's circulation from 33,000 in 1941 to 1.1 million at the time of Kilgore's death in 1967. Under Kilgore, in 1947, the paper won its first Pulitzer Prize for William Henry Grimes's editorials. In 1967, Dow Jones Newswires began a major expansion outside of the United States that put journalists in every major financial center in Europe, Latin America and Africa.
In 1970, Dow Jones bought the Ottaway newspaper chain, which at the time comprised nine dailies and three Sunday newspapers. The name was changed to "Dow Jones Local Media Group".1971 to 1997 brought about a series of launches and joint ventures, including "Factiva", The Wall Street Journal Asia, The Wall Street Journal Europe, the WSJ.com website, Dow Jones Indexes, MarketWatch, "WSJ Weekend Edition". In 2007, News Corp. acquired Dow Jones. WSJ. A luxury lifestyle magazine, was launched in 2008. A complement to the print newspaper, The Wall Street Journal Online, was launched in 1996 and has allowed access only by subscription from the beginning. In 2003, Dow Jones began to integrate reporting of the Journal's print and online subscribers together in Audit Bureau of Circulations statements. In 2007, it was believed to be the largest paid-subscription news site on the Web, with 980,000 paid subscribers. Since online subscribership has fallen, due in part to rising subscription costs, was reported at 400,000 in March 2010.
In May 2008, an annual subscription to the online edition of The Wall Street Journal cost $119 for those who do not have subscriptions to the print edition. By June 2013, the monthly cost for a subscription to the online edition was $22.99, or $275.88 annually, excluding introductory offers. On November 30, 2004, Oasys Mobile and The Wall Street Journal released an app that would allow users to access content from the Wall Street Journal Online via their mobile phones. Many of The Wall Street Journal news stories are available through free online newspapers that subscribe to the Dow Jones syndicate. Pulitzer Prize–winning stories from 1995 are available free on the Pulitzer web site. In September 2005, the Journal launched a weekend edition, delivered to all subscribers, which marked a return to Saturday publication after a lapse of some 50 years; the move was designed in part to attract more consumer advertising. In 2005, the Journal reported a readership profile of about 60 percent top management, an average income of $191,000, an average household net worth of $2.1 million, an average age of 55.
In 2007, the Journal launched a worldwide expansion of its website to include major foreign-language editions. The p