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October 28, 2011
Newswires In The News
 
Press releases themselves are in the news, as two of the firms that distribute them go head-to-head in court. Marketwire is suing PR Newswire for $25 million in New York Supreme Court, alleging that it's obtained "trade secrets" from Shoeb Ansari, Newswire's former chief technology officer, who now has the same job at PR Newswire. Three other former Marketwire employees are also named. ODwyer's and Reuters have the story.

PR Newswire says it "has every right to hire these (former Marketwire) employees and it has no interest in any trade secrets Marketwire may have." Reuters notes that "PR Newswire and such rivals as Business Wire and GlobeNewswire distribute thousands of corporate press releases a day, including earnings and other announcements."

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Doug Bedell has a background in journalism and PR and is the owner of Resource Relations LLC in Central PA, focusing on organizational and crisis communication. He’s the community manager of SimplyFair.net, a social network on fairness. On the Web, Doug’s at www.ResourceRelations.com. On Twitter, he’s @DougBeetle.
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