Sign in Subscribe
Internet services

CNNfn and Sun Microsystems Launch Investment Tracking Service with Enhanced Security and Functionality

Strategic Insights

— 1 min read

CNNfn's new investment tracking service, launched in conjunction with Sun Microsystems, provides individual investors with a secure and feature-rich tool to manage their portfolios. The service, built using Sun's Java technology, allows investors to track their portfolios in real-time, with updates every five minutes, and access news and analysis from reputable sources. The CNNfn Investment Tracker is a cross-platform Java application that runs on the user's own computer, ensuring complete privacy and confidentiality of the investor's information.

Key Takeaways:

  • The CNNfn Investment Tracker is a free, feature-rich investment tracking service that allows individual investors to keep their portfolios confidential.
  • The service is built using Sun Microsystems' Java cross-platform programming language and Marimba's Castanet distribution technology.
  • The application tracks stock portfolios in real-time, with updates every five minutes, and provides access to news and analysis from reputable sources such as Zacks Investment Research and Lipper Fund Reports.
  • The user can select a portfolio of stocks and market indices, and the service provides current and historical price information, trends, and charts reflecting their stocks' performance.
  • The service is a cross-platform Java application that runs on the user's own computer, storing all information locally and not transmitting it across the Internet.
  • CNNfn's Investment Tracker incorporates Sun's Java technology and Marimba's Castanet push technology to create a powerful and seamless financial tool.
  • The application is delivered through a custom database built with Java technology, running the Solaris 2.6 operating environment on a Sun Enterprise 4000 server.
  • The Castanet technology benefits the user by enabling application and data updates to occur automatically without additional downloads.
  • The service is available for download at http://cnnfn.com/tracker/, with instructions for installation and usage.

Statistics:

  • Since its inception in 1982, Sun Microsystems has achieved $9 billion in annual revenues.
  • The company has a presence in over 150 countries and can be found on the World Wide Web at http://www.sun.com.
  • CNNfn.com averages 60 million page views each month, making it the Internet's leading source for business news and financial intelligence.
  • The site offers breaking business and financial news, as well as U.S. and international market reports, continuously updated stock quotes, and in-depth coverage of the technology sector, small business, and the economy.

Sources:

  • Sun Microsystems Inc. press release (June 24, 1998)
  • CNNfn press release (June 24, 1998)
  • http://cnnfn.com/tracker/
  • http://www.sun.com

Read more