In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. Another invention of Western Union - time synchronization. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. On the market was placed about 765 million of ordinary shares of the company. On the first day trading on the exchange the company's shares rose by 3.3% and the cost was $ 19.96. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company.