A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of numbers or a combination of both. "Ticker symbol" refers to the symbols. Stock symbols are unique identifiers assigned to each security traded on a particular market. A stock symbol can consist of letters, numbers, or a combination of both, is a way to uniquely identify that stock; the symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, to make it easy to recognize by traders and investors. The allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are between 1 and 4 letters and represent the company name where possible. For example, US-based computer company stock Apple Inc. traded on the NASDAQ exchange has the symbol AAPL, while the motor company Ford's stock, traded on the New York Stock Exchange has the single-letter ticker F.
In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA. While in Asia, numbers are used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBC's stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005. Symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a phonetic spelling of the company "XON" as its ticker symbol; the symbol of the firm after the merger was "XOM". Symbols are sometimes reused. In the US the single-letter symbols are sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V, used by Vivendi which had delisted and given up the symbol. To qualify a stock, both the ticker and the exchange or country of listing needs to be known. On many systems both must be specified to uniquely identify the security; this is done by appending the location or exchange code to the ticker.
Although stock tickers identify a security, they are exchange dependent limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes; the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO 6166. Securities for which ISINs are issued include bonds, commercial paper and warrants; the ISIN code is a 12-character alpha-numerical code that does not contain information characterizing financial instruments, but serves for uniform identification of a security at trading and settlement. The ISIN identifies not the exchange on which it trades. For instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, is priced in five different currencies. ISIN cannot specify a particular trade in this case, another identifier the three- or four-letter exchange code will have to be specified in addition to the ISIN.
While a stock ticker identifies a security that can be traded, stock market indices are sometimes assigned a symbol though they can not be traded. Symbols for indices are distinguished by adding a symbol in front of the name, such as a caret or a dot. For example, Reuters lists the Nasdaq Composite index under the symbol. IXIC. In Canada the Toronto Stock Exchange TSX and the TSXV use the following special codes after the ticker symbol: In the United Kingdom, prior to 1996, stock codes were known as EPICs, named after the London Stock Exchange's Exchange Price Information Computer. Following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still referred to as EPICs. Stocks can be identified using their SEDOL number or their ISIN. In the United States, modern letter-only ticker symbols were developed by Standard & Poor's to bring a national standard to investing. A single company could have many different ticker symbols as they varied between the dozens of individual stock markets.
The term ticker refers to the noise made by the ticker tape machines once used by stock exchanges. The S&P system was standardized by the securities industry and modified as years passed. Stock symbols for preferred stock have not been standardized; some companies use a well-known product as their ticker symbol. Belgian brewer InBev, the brewer of Budweiser beer, uses "BUD" as its three-letter ticker for American Depository Receipts, symbolizing its premier product in the United States, its rival, Molson Coors Brewing Company, uses a beer-related symbol, "TAP". Southwest Airlines pays tribute to its headquarters at Love Field in Dallas through its "LUV" symbol. Cedar Fair Entertainment Company, which operates large amusement parks in the United States, uses "FUN" as its symbol. Harley-Davidson uses "HOG" for its Harley Owners Group. Yamana Gold uses "AUY", because on the periodic table of elements. Sotheby's uses the symbol "BID". While most symbols come from the company's name, sometimes it happens the other way around.
Tricon Global, owner of KFC, Pi
Sega Games Co. Ltd. is a Japanese multinational video game developer and publisher headquartered in Tokyo. The company known as Sega Enterprises Ltd. and Sega Corporation, is a subsidiary of Sega Holdings Co. Ltd., part of Sega Sammy Holdings. Its international branches, Sega of America and Sega of Europe, are headquartered in Irvine and London. Sega's arcade division, once part of Sega Corporation, has existed as Sega Interactive Co. Ltd. a Sega Holdings subsidiary, since 2015. The company was founded by Martin Bromley as Nihon Goraku Bussan on June 3, 1960, which became known as Sega Enterprises, Ltd. after acquiring Rosen Enterprises, an importer of coin-operated games. Sega developed its first coin-operated game with Periscope in the late 1960s. In 1969, Sega was sold to Western Industries. Following a downturn in the arcade business in the early 1980s, Sega began to develop video game consoles, starting with the SG-1000 and Master System, but struggled against competitors such as the Nintendo Entertainment System.
In 1984, Sega executives David Rosen and Hayao Nakayama led a management buyout of the company with backing from CSK Corporation. Sega released its next console, the Sega Genesis, in 1988. Although it was a distant third in Japan, the Genesis found major success after the release of Sonic the Hedgehog in 1991 and outsold its main competitor, the Super Nintendo Entertainment System, in the U. S; however in the decade, Sega suffered commercial failures such as the 32X, Sega Saturn, Dreamcast consoles. In 2001, Sega stopped manufacturing consoles to become a third-party developer and publisher, was acquired by Sammy Corporation in 2004. In the years since the acquisition, Sega has been more profitable, but has been criticized for prioritizing quantity of game releases over quality. Sega produces multi-million-selling game franchises including Sonic the Hedgehog, Total War, Yakuza, is the world's most prolific arcade game producer, it operates amusement arcades and produces other entertainment products, including Sega Toys.
Sega is a subsidiary of Sega Sammy Holdings, a corporate conglomerate with over 60 individual subsidiaries. In 1940, American businessmen Martin Bromley, Irving Bromberg, James Humpert formed Standard Games in Honolulu, Hawaii, to provide coin-operated amusement machines to military bases, they saw that the increase in military personnel with the onset of World War II would create demand for entertainment at military bases. After the war, the founders sold Standard Games and established a new distributor, Service Games, named for the military focus. In 1951, the United States government outlawed slot machines in US territories, so in 1952 Bromley sent two employees, Richard Stewart and Ray LeMaire, to Tokyo to establish a new distributor; the company provided coin-operated slot machines to U. S. bases in Japan, by 1953 had changed its name to Service Games of Japan. The name Sega, an abbreviation of Service Games, was first used in 1954 on the Diamond Star Machine, a slot machine. On May 31, 1960, Service Games of Japan was dissolved.
On June 3, Bromley established two companies to take over its business activities: Nihon Goraku Bussan and Nihon Kikai Seizō. Kikai Seizō focused on manufacturing Sega machines, while Goraku Bussan served as a distributor and operator of coin-operated machines jukeboxes; the two companies merged in 1964. In 1954, David Rosen, an American officer in the United States Air Force stationed in Japan, launched a two-minute photo booth business in Tokyo; this company became Rosen Enterprises, in 1957 began importing coin-operated games to Japan. In 1965, Nihon Goraku Bussan acquired Rosen Enterprise to form Sega Enterprises, Ltd. Rosen was installed as the CEO and managing director. Shortly afterward, Sega stopped leasing to military bases and moved its focus from slot machines to become a publicly traded company of coin-operated amusement machines, its imports included Rock-Ola jukeboxes, pinball games by Williams, gun games by Midway Manufacturing. Because Sega imported second-hand machines that required maintenance, Sega began the transition from importer to manufacturer by constructing replacement guns and flippers for its imported games.
According to former Sega director Akira Nagai, this led to Sega developing their own games as well. The first electromechanical game Sega manufactured was the submarine simulator game Periscope, released worldwide in the late 1960s; the game sported light and sound effects considered innovative, was successful in Japan. It was placed in malls and department stores, it cost 25 cents per play in the United States. Sega was surprised by the success, for the next two years produced and exported between eight and ten games per year. Despite this, rampant piracy in the industry would lead to Sega stepping away from exporting its games. In order to advance the company, Rosen had a goal to take the company public, decided this would be easier to accomplish in the United States than in Japan. Rosen was advised that this would be easiest accomplished by Sega being acquired by a larger company. In 1969, Sega was sold to American conglomerate Gulf and Western Industries, although Rosen remained CEO following the sale.
Rosen continued to develop his relationship with Gulf and Western chairman Charles Bluhdorn, in 1974 Gulf and Western made Sega Enterprises, Ltd. a subsidiary of an American company renamed Sega Enterprises, Inc. Sega released Pong-Tron, its first video-based game, in 1973. Despite late competition from Taito's hit arcade game Space Invaders in 1978, Sega prospered from the arcade gam
Tokyo Tokyo Metropolis, one of the 47 prefectures of Japan, has served as the Japanese capital since 1869. As of 2018, the Greater Tokyo Area ranked as the most populous metropolitan area in the world; the urban area houses the seat of the Emperor of Japan, of the Japanese government and of the National Diet. Tokyo forms part of the Kantō region on the southeastern side of Japan's main island and includes the Izu Islands and Ogasawara Islands. Tokyo was named Edo when Shōgun Tokugawa Ieyasu made the city his headquarters in 1603, it became the capital after Emperor Meiji moved his seat to the city from Kyoto in 1868. Tokyo Metropolis formed in 1943 from the merger of the former Tokyo Prefecture and the city of Tokyo. Tokyo is referred to as a city but is known and governed as a "metropolitan prefecture", which differs from and combines elements of a city and a prefecture, a characteristic unique to Tokyo; the 23 Special Wards of Tokyo were Tokyo City. On July 1, 1943, it merged with Tokyo Prefecture and became Tokyo Metropolis with an additional 26 municipalities in the western part of the prefecture, the Izu islands and Ogasawara islands south of Tokyo.
The population of the special wards is over 9 million people, with the total population of Tokyo Metropolis exceeding 13.8 million. The prefecture is part of the world's most populous metropolitan area called the Greater Tokyo Area with over 38 million people and the world's largest urban agglomeration economy; as of 2011, Tokyo hosted 51 of the Fortune Global 500 companies, the highest number of any city in the world at that time. Tokyo ranked third in the International Financial Centres Development Index; the city is home to various television networks such as Fuji TV, Tokyo MX, TV Tokyo, TV Asahi, Nippon Television, NHK and the Tokyo Broadcasting System. Tokyo third in the Global Cities Index; the GaWC's 2018 inventory classified Tokyo as an alpha+ world city – and as of 2014 TripAdvisor's World City Survey ranked Tokyo first in its "Best overall experience" category. As of 2018 Tokyo ranked as the 2nd-most expensive city for expatriates, according to the Mercer consulting firm, and the world's 11th-most expensive city according to the Economist Intelligence Unit's cost-of-living survey.
In 2015, Tokyo was named the Most Liveable City in the world by the magazine Monocle. The Michelin Guide has awarded Tokyo by far the most Michelin stars of any city in the world. Tokyo was ranked first out of all sixty cities in the 2017 Safe Cities Index; the QS Best Student Cities ranked Tokyo as the 3rd-best city in the world to be a university student in 2016 and 2nd in 2018. Tokyo hosted the 1964 Summer Olympics, the 1979 G-7 summit, the 1986 G-7 summit, the 1993 G-7 summit, will host the 2019 Rugby World Cup, the 2020 Summer Olympics and the 2020 Summer Paralympics. Tokyo was known as Edo, which means "estuary", its name was changed to Tokyo when it became the imperial capital with the arrival of Emperor Meiji in 1868, in line with the East Asian tradition of including the word capital in the name of the capital city. During the early Meiji period, the city was called "Tōkei", an alternative pronunciation for the same characters representing "Tokyo", making it a kanji homograph; some surviving official English documents use the spelling "Tokei".
The name Tokyo was first suggested in 1813 in the book Kondō Hisaku, written by Satō Nobuhiro. When Ōkubo Toshimichi proposed the renaming to the government during the Meiji Restoration, according to Oda Kanshi, he got the idea from that book. Tokyo was a small fishing village named Edo, in what was part of the old Musashi Province. Edo was first fortified in the late twelfth century. In 1457, Ōta Dōkan built Edo Castle. In 1590, Tokugawa Ieyasu was transferred from Mikawa Province to Kantō region; when he became shōgun in 1603, Edo became the center of his ruling. During the subsequent Edo period, Edo grew into one of the largest cities in the world with a population topping one million by the 18th century, but Edo was Tokugawa's home and was not capital of Japan. The Emperor himself lived in Kyoto from 794 to 1868 as capital of Japan. During the Edo era, the city enjoyed a prolonged period of peace known as the Pax Tokugawa, in the presence of such peace, Edo adopted a stringent policy of seclusion, which helped to perpetuate the lack of any serious military threat to the city.
The absence of war-inflicted devastation allowed Edo to devote the majority of its resources to rebuilding in the wake of the consistent fires and other devastating natural disasters that plagued the city. However, this prolonged period of seclusion came to an end with the arrival of American Commodore Matthew C. Perry in 1853. Commodore Perry forced the opening of the ports of Shimoda and Hakodate, leading to an increase in the demand for new foreign goods and subsequently a severe rise in inflation. Social unrest mounted in the wake of these higher prices and culminated in widespread rebellions and demonstrations in the form of the "smashing" of rice establishments. Meanwhile, supporters of the Meiji Emperor leveraged the disruption that t
Information security, sometimes shortened to InfoSec, is the practice of preventing unauthorized access, disclosure, modification, recording or destruction of information. The information or data may take e.g. electronic or physical. Information security's primary focus is the balanced protection of the confidentiality and availability of data while maintaining a focus on efficient policy implementation, all without hampering organization productivity; this is achieved through a multi-step risk management process that identifies assets, threat sources, potential impacts, possible \controls, followed by assessment of the effectiveness of the risk management plan. To standardize this discipline and professionals collaborate and seek to set basic guidance and industry standards on password, antivirus software, encryption software, legal liability and user/administrator training standards; this standardization may be further driven by a wide variety of laws and regulations that affect how data is accessed, processed and transferred.
However, the implementation of any standards and guidance within an entity may have limited effect if a culture of continual improvement isn't adopted. At the core of information security is information assurance, the act of maintaining the confidentiality and availability of information, ensuring that information is not compromised in any way when critical issues arise; these issues include but are not limited to natural disasters, computer/server malfunction, physical theft. While paper-based business operations are still prevalent, requiring their own set of information security practices, enterprise digital initiatives are being emphasized, with information assurance now being dealt with by information technology security specialists; these specialists apply information security to technology. It is worthwhile to note that a computer does not mean a home desktop. A computer is any device with some memory; such devices can range from non-networked standalone devices as simple as calculators, to networked mobile computing devices such as smartphones and tablet computers.
IT security specialists are always found in any major enterprise/establishment due to the nature and value of the data within larger businesses. They are responsible for keeping all of the technology within the company secure from malicious cyber attacks that attempt to acquire critical private information or gain control of the internal systems; the field of information security has grown and evolved in recent years. It offers many areas for specialization, including securing networks and allied infrastructure, securing applications and databases, security testing, information systems auditing, business continuity planning, electronic record discovery, digital forensics. Information security professionals are stable in their employment; as of 2013 more than 80 percent of professionals had no change in employer or employment over a period of a year, the number of professionals is projected to continuously grow more than 11 percent annually from 2014 to 2019. Information security threats come in many different forms.
Some of the most common threats today are software attacks, theft of intellectual property, identity theft, theft of equipment or information and information extortion. Most people have experienced software attacks of some sort. Viruses, phishing attacks, Trojan horses are a few common examples of software attacks; the theft of intellectual property has been an extensive issue for many businesses in the IT field. Identity theft is the attempt to act as someone else to obtain that person's personal information or to take advantage of their access to vital information. Theft of equipment or information is becoming more prevalent today due to the fact that most devices today are mobile, are prone to theft and have become far more desirable as the amount of data capacity increases. Sabotage consists of the destruction of an organization's website in an attempt to cause loss of confidence on the part of its customers. Information extortion consists of theft of a company's property or information as an attempt to receive a payment in exchange for returning the information or property back to its owner, as with ransomware.
There are many ways to help protect yourself from some of these attacks but one of the most functional precautions is user carefulness. Governments, corporations, financial institutions and private businesses amass a great deal of confidential information about their employees, products and financial status. Should confidential information about a business' customers or finances or new product line fall into the hands of a competitor or a black hat hacker, a business and its customers could suffer widespread, irreparable financial loss, as well as damage to the company's reputation. From a business perspective, information security must be balanced against cost. For the individual, information security has a significant effect on privacy, viewed differently in various cultures. Possible responses to a security threat or risk are: reduce/mitigate – implement safeguards and countermeasures to eliminate vulnerabilities or block threats assign/transfer – place the cost of the threat onto another entity or organization such as purchasing insurance or outsourcing accept – evaluate if the cost of the countermeasure outweighs the possible cost of loss due to the threat Since the earl
Japan is an island country in East Asia. Located in the Pacific Ocean, it lies off the eastern coast of the Asian continent and stretches from the Sea of Okhotsk in the north to the East China Sea and the Philippine Sea in the south; the kanji that make up Japan's name mean "sun origin", it is called the "Land of the Rising Sun". Japan is a stratovolcanic archipelago consisting of about 6,852 islands; the four largest are Honshu, Hokkaido and Shikoku, which make up about ninety-seven percent of Japan's land area and are referred to as home islands. The country is divided into 47 prefectures in eight regions, with Hokkaido being the northernmost prefecture and Okinawa being the southernmost one; the population of 127 million is the world's tenth largest. 90.7 % of people live in cities. About 13.8 million people live in the capital of Japan. The Greater Tokyo Area is the most populous metropolitan area in the world with over 38 million people. Archaeological research indicates; the first written mention of Japan is in Chinese history texts from the 1st century AD.
Influence from other regions China, followed by periods of isolation from Western Europe, has characterized Japan's history. From the 12th century until 1868, Japan was ruled by successive feudal military shōguns who ruled in the name of the Emperor. Japan entered into a long period of isolation in the early 17th century, ended in 1853 when a United States fleet pressured Japan to open to the West. After nearly two decades of internal conflict and insurrection, the Imperial Court regained its political power in 1868 through the help of several clans from Chōshū and Satsuma – and the Empire of Japan was established. In the late 19th and early 20th centuries, victories in the First Sino-Japanese War, the Russo-Japanese War and World War I allowed Japan to expand its empire during a period of increasing militarism; the Second Sino-Japanese War of 1937 expanded into part of World War II in 1941, which came to an end in 1945 following the Japanese surrender. Since adopting its revised constitution on May 3, 1947, during the occupation led by SCAP, the sovereign state of Japan has maintained a unitary parliamentary constitutional monarchy with an Emperor and an elected legislature called the National Diet.
Japan is a member of the ASEAN Plus mechanism, UN, the OECD, the G7, the G8, the G20, is considered a great power. Its economy is the world's third-largest by nominal GDP and the fourth-largest by purchasing power parity, it is the world's fourth-largest exporter and fourth-largest importer. Japan benefits from a skilled and educated workforce. Although it has renounced its right to declare war, Japan maintains a modern military with the world's eighth-largest military budget, used for self-defense and peacekeeping roles. Japan is a developed country with a high standard of living and Human Development Index, its population enjoys the highest life expectancy and third lowest infant mortality rate in the world, but is experiencing issues due to an aging population and low birthrate. Japan is renowned for its historical and extensive cinema, influential music industry, video gaming, rich cuisine and its major contributions to science and modern technology; the Japanese word for Japan is 日本, pronounced Nihon or Nippon and means "the origin of the sun".
The character nichi means "sun" or "day". The compound therefore means "origin of the sun" and is the source of the popular Western epithet "Land of the Rising Sun"; the earliest record of the name Nihon appears in the Chinese historical records of the Tang dynasty, the Old Book of Tang. At the end of the seventh century, a delegation from Japan requested that Nihon be used as the name of their country; this name may have its origin in a letter sent in 607 and recorded in the official history of the Sui dynasty. Prince Shōtoku, the Regent of Japan, sent a mission to China with a letter in which he called himself "the Emperor of the Land where the Sun rises"; the message said: "Here, I, the emperor of the country where the sun rises, send a letter to the emperor of the country where the sun sets. How are you". Prior to the adoption of Nihon, other terms such as Yamato and Wakoku were used; the term Wa is a homophone of Wo 倭, used by the Chinese as a designation for the Japanese as early as the third century Three Kingdoms period.
Another form of Wa, Wei in Chinese) was used for an early state in Japan called Nakoku during the Han dynasty. However, the Japanese disliked some connotation of Wa 倭, it was therefore replaced with the substitute character Wa, meaning "togetherness, harmony"; the English word Japan derives from the historical Chinese pronunciation of 日本. The Old Mandarin or early Wu Chinese pronunciation of Japan was recorded by Marco Polo as Cipangu. In modern Shanghainese, a Wu dialect, the pronunciation of characters 日本; the old Malay word for Japan, Japun or Japang, was borrowed from a southern coastal Chinese dialect Fukienese or Ningpo – and this Malay word was encountered by Portuguese traders in Southeast Asia in the 16th century. These Early Portuguese traders brought the word
CRI Middleware Co. Ltd. is a Japanese developer providing middleware for use in the computer and video game industry. From the early nineties, CRI was a video game developer, but shifted focus in 2001. CRI started out as CSK Research Institute, subsidiary of CSK, producing video games for the Mega Drive/Genesis, it went on to develop games for the Sega Saturn and Dreamcast before it was incorporated as CRI Middleware in 2001. ADX is a streamed audio format which allows for multiple audio streams, seamless looping and continuous playback with low, predictable CPU usage; the format uses the ADPCM framework. It is now known as CRI ADX. Sofdec is a streamed video format supporting up to 24bit color which includes multistreaming and seamless playback with a frame rate of up to 60 frames per second, it is a repackaging of MPEG-1/MPEG-2 video with CRI's proprietary ADX codec for audio playback. It is now known as CRI Sofdec. Clipper is an automated lip-syncing program which analyzes waveforms and outputs an appropriate lip pattern into a text file, for substitution into the facial animations of the speaker.
It is now known as CRI Clipper. ROFS is a file management system for handling a virtual disc image, an extension of the CD-ROM standard, it has no limitations on file name format, or number of directories or files, has been designed with compatibility with ADX and Sofdec in mind. It is now known as CRI ROFS. Sound Factory is a GUI-based video game audio tool for effective sound design without input from programmers, it has support for the playback of generated audio. It is now known as CRI Sound Factory. Movie Encode is a video encoding service by which CRI generates Sofdec or MPEG files from other media. For a fee, files are converted to the desired format with the quality specified by the client, it is now known as CRI Movie Encode. CRI Movie with High Definition video support. CRI FileMajik - file system with features such as: asynchronous file requests, prioritized loads, zero-buffer decompression and UMD speed emulation for the PlayStation Portable. Official website Official website Comprehensive list of games using CRI Middleware CRI company page at GameFAQs
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