BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

As expected, Wang Laboratories Inc. announced sale of Wang Financial Information Services Corp. subsidiary to new corporation founded by Infotechnology Inc. in conjunction with Financial News Network Inc. and United Press International. Terms weren't disclosed, although payment is expected to be made in cash. Infotechnology says new corporation will feature UPI, Institutional Research Network and FNN's Data Broadcasting Corp. unit. Wang Financial includes SHARK quotations service.

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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