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Texting Turns 25: A Look at its Transformative Role in US Commerce
The text message turned 25 Sunday, and in its quarter century of life, the medium has proven a critical and influential force, particularly on Wall Street.
Since Vodafone Group Plc (ADR) (NASDAQ: VOD) carried that first text — a GIF-less, emoji-less “Merry Christmas” from the PC of one British engineer to the phone of a Vodafone colleague — the 160-character platform has upended industries and bolstered bottom lines.
Of course, it forced a shift in products and services, opening new revenue streams for Apple Inc. (NASDAQ: AAPL), Nokia Oyj (ADR) (NYSE: NOK), BlackBerry Ltd (NYSE:
Photo: Getty iStock