It’s now pretty clear where this Instant Messaging thing is going, and why Yahoo and Microsoft have suddenly started blocking third parties from piggybacking their services. Microsoft have announced a hook-up with news agency and financial data transporter Reuters allowing users of the Messenger network to chat with the 50,000 members of Reuters own internal network (used mainly by traders).
The idea, of course, is that the (alleged; probably much smaller) 100 million MSN users can go straight to their broker through a secure chat window. Or, as ENTnews puts it: “In theory, the combination could allow logged, real-time communications among traders and their clients. What better medium than IM for messages like “Buy!” or “Sell!” that can be immediately acknowledged by a broker?”
Expect to see more of this among the big boys. Yahoo are probably next up. This is not going to help ICQ users, for example, to chat with Yahoo Messenger users, but it is likely to make IM software more secure. Companies like Reuters are not going to allow instant messaging near their networks if it also brings viruses, hacking or can be easily eavesdropped.