BizJournals Portfolio
Feb 18 2009 3:39pm EDT

Alacra Pulse is Live, Sans FT

Today marks the launch date for Alacra Pulse, a pretty powerful search engine for financial news and research. The people at Alacra have compiled a large database of public documents, which are searchable both by company and by analyst; they'll send you only to respected sources of news and information. They don't republish the news or information themselves -- they just link to it -- so any financial website should be very happy to be on their list.

So why is the Financial Times refusing to let Alacra index its content? Most other financial news sources are on there, including the WSJ -- but when Alacra asked the FT for permission to index its stories, it was told that there was no way it would be allowed to do that, unless it forked over a large sum of money.

Does the FT really want to be invisible to important search engines? Does it think that licensing fees from search engines are going to be a useful source of revenue? All most peculiar.

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