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Last October, he sold his firm for $97m to Primark, an American company which owns Datastream, another information vendor.
The results exclude Thomson's newspapers, most of which have been sold, yielding $2.5 billion; the company is now primarily an information vendor.
The use of a commercial information vendor comes as Congressional Republicans are expressing concern about the administration's ability to verify data in subsidy applications.
D2 BUSINESS DAY C1-12 Celera Shifts Focus Celera Genomics Group, the company that sequenced the human genome, is shifting its focus from being an information vendor to being a drug developer.
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The New York City Department of Consumer Affairs fined six apartment information vendors yesterday as part of its first investigation of companies that charge a fee for locating available apartments.
Neither the major legal information vendors nor US public bodies responded nimbly to the opportunities opened by CD-ROM distribution or the Internet.
The Fair Credit Reporting Act permits private information vendors to report to the client employers information about a job applicant's arrests for the previous seven years, even if those arrests did not result in conviction.
Some information vendors can't make any money because there is too much competition, few barriers to entry and minimal value-add.
While there are information vendors like MDR that sell this kind of market data to schools and education companies, Junyo hopes that it can compete head-to-head by offering a product at a significantly lower price.
They're looking for "all kinds of scams and frauds, pyramid schemes, the same rackets we see out in the more traditional broker and investment community," says Stark,, the special counsel for Internet projects in the SEC's division of enforcement in Washington, D.C .Unclosed relationships between sellers and information vendors, have always been illegal," continues Stark.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com