The move will put further pressure on hard-pressed commercial rivals, reports the paper.

Some are commenting that this will be to their advantage, and will contrast with the “visionary” executives from AOL’s past. A vision which got them into a lot of debt. The New York Times runs an interesting piece about AOL’s mistakes entitled “Tripped Up by a Flawed New Media Idea”.

Many potential customers could be deterred by even more technical advances. Text-messaging has been successful because of its simplicity simplicity. The Surrey sociologists say that if future services do away with allowing messages to be stored locally, and replaced with remote storage will kill off the “rituals” of texting. The research was funded by the UK

Tom Glocer, the chief executive, wants Reuters to concentrate on supplying data, such as bond and share prices, which could spell bad news for its internet arm, which is more of a traditional publishing operation.

Quote:

The consultation process runs until 31 January.

Some of the titles planned inlcude a monthly magazine about the risk business. The groups will now focus on six major sectors

This has been brewing for a while. They splashed out on third generation licences and now need to recoup themoney quickly. However, they are drawing up a code of practice along the lines of film classifications in order to avoid the controversy of marketing the schemes to minors.