Tag Archives: Blogging
The San Francisco Chronicle has started a new blog called Get to Work,Â aimed at people looking for jobs or working for themselves as independent contractors, freelancers or consultants.
A short announcement states, “Edited by Chronicle economics writer Tom Abate, with help from career coach Kimberly Thompson, this blog is about how to succeed during tough times.
“Visit us for ideas and inspiration, and share your tips and questions about how to find, get and keep work.”
Read more here. Abate has started and sold two companies. He has written about high-tech, biotech and economics. Thompson has spent more than two decades helping people with career changes and job searches.
Joe Hagan of New York magazine writes about how financial blogs have become more powerful in influencing the markets and what we think about them, particularly the Zero Hedge blog run by a 30-year-old Bulgarian immigrant banned from working in the brokerage business for insider trading.
Hagan writes, “Financial blogs grew out of the message boards launched by Yahoo! Finance in the late nineties, which were primarily a forum for day traders to argue investment ideas and vent little-guy frustrations about the Wall Street power structure.
“The first financial blogger, according to Barry Ritholtz of the Big Picture, was Todd Harrison, the head trader for the hedge fund run by CNBC talking head Jim Cramer (also a New York Magazine contributing editor) in the early aughts. Harrison, who wrote a daily market column for Cramerâ€™s TheStreet.com, ‘would crank out these little notes intraday,’ recalls Ritholtz. It was a real-time trader with real assets under management discussing trading flow.’
“In the years that followed, blogs proliferated. They were mostly side projects, updated sporadically. Ritholtz, who started the Big Picture in 2003, was a market strategist who zeroed in on flaws in the governmentâ€™s inflation data. Calculated Risk was started by a retired businessman in Southern California who took an obsessive interest in exotic mortgages and saw the housing collapse years in advance. Naked Capitalism, which features the work of a small gang of contributors, is overseen by a former Goldman Sachs and McKinsey executive who goes by the pseudonym Yves Smith.
“Early on, the readers of these blogs seemed to be a relatively small and disparate groupâ€”a smattering of day traders, academics, and people who worked in and around the edges of the financial industry. They were ‘gold bugs’ and ‘dollar bears’ united by their hostility to Wall Street and their conviction that the U.S. economy was heading off a cliff. When Bear Stearns blew up, the bearish view was validated and these blogs gained credibility with a larger audience. Amid the chaos on Wall Street, they found themselves with much greater influence than theyâ€™d ever imagined possible.”
Read more here.
Deputy technology editor David Gallagher of the New York Times is answering questions from readers this week, and the first question comes from a reader who wants to know how it competes against tech blogs.
Gallagher writes, “One of my favorite sites is Techmeme, which tracks the tech-related articles and posts that are generating the most chatter in blogland. It’s fascinating to watch the interplay there between blogs and more traditional news outlets.
“Blogs often turn up early word of things that become major stories. But they also generate a lot of noise. Our reporters could easily spend half their day chasing down rumors that surface on blogs. In the end, that’s not likely to benefit Times readers all that much. So we pick our battles, and we often choose to step back and spend time pursuing stories that give readers a wider understanding of technology and business. As blogs become a more important part of the news ecosystem, reporters covering subjects other than technology and politics will increasingly have to make similar decisions.
“This is not to say that we are bowing out of the blogging frenzy. The Bits blog, which all of our tech reporters contribute to, lets us do quick hits on breaking news or subjects that are perhaps too geeky for the average Times reader. And the comments from Bits readers are often intimidatingly astute.”
Read more here.
Iain Dey of The Times of London reports that Thomson Reuters is about to announce its acquisition of Breakingviews.com from founder Hugo Dixon for 10 million pounds, or about $16.2 million.
Dey writes, “”Mr Dixon, who ran the Lex column in the Financial Times for five years, has been in talks with Thomson Reuters since July. The Â£10 million price tag was agreed in recent days, according to sources inside Thomson Reuters, which has been seeking to expand the commentary and analysis available on its global news network for more than a year.
“The media company has recruited a number of commentators, including Jonathan Ford, who co-founded Breakingviews with Mr Dixon in 1999. Mr Ford no longer has any shares in the business, having left in 2007.
“The Breakingviews operation is likely to be left as a separate entity, with its own branding.
“The business has about 15,000 direct subscribers. Columns in a string of newspapers, including The New York Times, Le Monde, El Pais and Handelsblatt, have increased its readership to an estimated 4.5 million. It is profitable in Europe but continues to invest heavily in America and Asia.”
Read more here.
Rob Pegoraro of The Washington Post celebrates writing his consumer technology column for a decade by explaining how his coverage has changed.
Pegoraro writes, “For another, my column has appeared on different days of the week–first on Fridays, then Sundays, then Thursdays, and now a hybrid schedule (online Friday, in print Sunday). For much of 2005 and 2006, I also wrote extra columns on breaking news topics; with the advent of my blog in 2007, I now address current events there, and sometimes we ‘reverse publish’ the results in print the next day.
“Most of all, my column has changed focus. At the start, with other reviews running next to my column, I felt like I could focus on some fuzzier topics of human-computer interaction — something I didn’t consistently succeed at for most of the first year. But as we cut back on those separate reviews, I started writing columns that focused closer on the ‘should you get this?’ question. I’ve also found myself focusing more on tech-policy issues, since so many of those policy discussions happen within a mile of my office — and those debates can seriously limit your choice of hardware, software and services down the line.
“If you’ve been reading my column since 1999, you may have noticed one other thing: I’ve yet to skip a week. That’s not something I set out to do at the start; I just knew that I didn’t want to make the paper run one of those ‘Rob Pegoraro is away; his column will resume when he returns’ notices in the first few months of my column’s existence, and after a while I just got into the habit of writing a column or two in advance to cover times when I’d be on vacation. I wish I could tell you that I’ve now set some Post record for continuous columnizing, but there’s no easy way to check for that sort of thing in our index. (Hope y’all don’t mind if I take a week off during my next vacation. This streak’s gotta end at some point; all streaks do.)”
Read more here.
Marion Maneker of The Big Money examines the influence of Reuters financial blogger Felix Salmon, previously of Portfolio.com.
Maneker writes, “In hiring Salmon, Reuters, one of the original one-way communications systems, has acknowledged the importance of fostering open-ended conversations. Salmonâ€™s ability to repackage, recontextualize and reorient the work of other writers is surely the thing of value he brings to the organization.
“‘I may, at times, disagree with Felix and his views,’ Roubini says today in between flights to his next speaking engagement, ‘but I have the greatest respect for his professional abilities: smart, sharp, witty, a great engaging writer. Also, he is intellectually honest and when he makes a mistake, he is willing to admit that without being defensive.’
“‘I have no equity in being right,’ Salmon told me, apropos his willingness to take the other side of an argument just to see where it goes. Salmonâ€™s genial engagement has been the secret of his success. Read Salmon’s take on any of the wide range of topics â€” from myriad credit issues to the economics of South Spanish wine to the travails of Annie Leibovitzâ€™s loan officer â€” and youâ€™ll see detailed reasoning, deliberate counterargument, and a matter-of-fact pronouncement of Salmonâ€™s own sometimes over-the-top views.”
Read more here.
Paul Boutin writes on VentureBeat about the process of blogging for the New York Times business section’s Gadgetwise blog.
Boutin writes, “Gadgetwise is what about how to buy and use stuff, rather than tracking the tech industry as the Bits blog does. Or in industry jargon, service journalism rather than trade news. Iâ€™ve finally found my purpose in life: Teaching America how to use Twitter.
“Businesswise, the only competitor my editors talk about is The Wall Street Journal. And while theyâ€™re cool with me explaining how we process a post, Iâ€™m sworn not to blab traffic stats. Thatâ€™s the only part of the job that bugs me. Iâ€™m as much of a stats hound as anyone else with a blog.
“In many ways, the Timesâ€™ blogs are no different from anyone elseâ€™s. But thereâ€™s one organizational trick they employ very effectively: Division of Labor. Times bloggers donâ€™t work on their own. They donâ€™t handle every aspect of their blogs. Who does what is divided up to bring specific expertise to bear on different parts of each post. The result is I can crank out more posts, and those posts are better overall, than if we writers did everything ourselves. I know, not everyone wants to have other people involved in their blogging. But thereâ€™s a reason people work in teams.”
Read more here. Boutin walks you through the process of how a post makes it on the Web, including the fact that NYT blogs are edited.
Dennis Howlett of ZDNet reports that the British courts have ruled against TechCrunch founder Michael Arrington in a libel case because he did not show up to defend himself.
Howlett writes, “In other words, both Arrington/Interserve attempted to move the case from Sethiâ€™s home ground to another jurisdiction. The UK courts thought differently.
“It is my understanding that neither Arrington nor Interserve chose to defend the case in the UK courts and having given notice that they would not do so are precluded from raising a viable appeal. This means that under UK law, Arrington/Interserve are liable for any final monetary damages and costs the court chooses to award. Sethi tells me that his costs are of the order of Â£30,000 and the plaint calls for monetary damages of up to Â£50,000.
“Further since this will constitute a debt to the court, should Arrington attempt to enter the UK without first having settled the matter, he might be liable to immediate arrest and incarceration. That has yet to be tested but represents a risk that Arrington will need to consider for the future.”
Read more here.
The (Raleigh) News & Observer has launched a new blog called .BizÂ for its business news department.
A short item in Wednesday’s paper states, “A blog compiled by The News & Observer’s Business reporters and editors, .Biz, features the latest news plus the inside scoop on deals and personalities that make this region’s industries and companies compelling.
“The site includes useful information on the area’s business leaders and companies — just click on the ‘people’ and ‘companies’ links.”
Assistant business editor Alan Wolf will be the primary writer for the blog, but it will have contributions from the rest of the staff as well.
Read more here.
Breaking Media, publisher of business-to-business blogs Above The Law, Dealbreaker and Fashionista, is taking on the accounting and business finance industries, launching Going Concern.
â€œDue in part to the recent economic turmoil and massive frauds like the Bernie Madoff and Stanford Financial Group Ponzi schemes, accountants and business finance professionals are now more in demand that ever,â€ said David Lat, managing editor of Breaking Media, in a statement. â€œGoing Concern is launching at a historical moment when there is an increased call for accountability to protect businesses and when financial laws and corporate governance regulations are in a state of flux.â€
In terms of potential audience, the Bureau of Labor Statistics estimates that in 2006 there were 1,274,000 accountants and auditors in the U.S. — and that number is expected to grow 18 percentÂ by 2016, exceeding the average growth rate for all occupations. Â
Caleb Newquist has joinedÂ Going Concern as founding editor. Â Newquist formerly worked as an auditor and tax accountant for KPMG LLP in New York and Denver, and has been blogging about the accounting profession at The 10-Key Tramp since 2008. Â Newquist will report to Lat. Â Francine McKenna, founder of re: The Auditors, will also contribute to Going Concern.