Marketwired was founded as Internet Wire in October 1994 by PR agency owner Michael Terpin and online marketer Michael Shuler in Los Angeles, California, United States. It received $17.5 million in venture capital in January 2000. The company changed its name to Market Wire in April, 2003, after making a partnership with NASDAQ, where its services would be recommended to listed companies. In 2000, a former employee of Internet Wire used the service to perpetrate an insider trading scam. He shorted Emulex stock, then published a fraudulent press release reporting problems at Emulex Corporation, which lost 62 percent of its value in morning trading. He was found out by the FBI and sentenced to 44 months in prison. More information...
According to PR-model, marketwired.com is ranked 10,247th in multilingual Wikipedia, in particular this website is ranked 6,052nd in English Wikipedia.
The website is placed before asciimw.jp and after teenchoiceawards.com in the BestRef global ranking of the most important sources of Wikipedia.