Summary:

Reuters’ Results Hit by Online Cancellations: Reuters has blamed a drop in its media revenues on the cancellation of online services. Online…

Reuters’ Results Hit by Online Cancellations: Reuters has blamed a drop in its media revenues on the cancellation of online services. Online clients cancelled services such as news and information feeds run on their own websites. In February, portal Lycos UK & Ireland chose not to renew its contract with Reuters when it revamped its news and weather channel, and chose rival service Ananova instead.

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By Rafat Ali

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