When was GlobeNewswire founded and what was its original purpose?
GlobeNewswire was established in 1998 with the goal of eliminating the 15-minute delay in disclosing financial releases to all media. It also offered Investor Relations website management, online customer service hosting, and HTML email news delivery from the start.
Why did GlobeNewswire change its name from PrimeNewswire?
The company changed its name from PrimeNewswire to GlobeNewswire in 2008 to better reflect its international scope. By that point the business had expanded substantially across North America, Europe, and Asia.
Who owns GlobeNewswire and what company acquired it in 2025?
GlobeNewswire is owned by Notified, formerly West Corporation, which acquired it from Nasdaq, Inc. in April 2018. In 2025, Notified entered into an agreement for GlobeNewswire to be acquired by Equiniti.
What happened when GlobeNewswire published a fake Walmart Litecoin press release in 2021?
In September 2021, GlobeNewswire published an unconfirmed fake press release claiming Walmart would accept Litecoin payments. Millions of dollars in crypto exchanges were liquidated before the article was deleted. The article was primarily launched through a possibly hacked Litecoin Twitter account.
What is GlobeNewswire Media Snippets and when was it introduced?
GlobeNewswire introduced Media Snippets in June 2018. It allows organizations to embed a carousel of images, audio, video, and live streaming into their press releases and web pages to increase engagement with media, investors, and customers.
How long was GlobeNewswire a Nasdaq subsidiary?
GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018, a period of roughly 11-12 years. West Corporation, later rebranded as Notified, then acquired the company.