Tag Archives: Websites

International Biz Times

Adding high-quality stories at International Business Times


Lucia Moses of Digiday interviewed Peter Goodman, the new editor at International Business Times, about his plans for the website.

Here is an excerpt:

Plenty of news organizations cover the globe. Why have another one?
I don’t think there’s a truly global publication that speaks to a general-interest consumer. I think the time is right because everybody from blue-collar workers to people who work on Wall Street has figured out that the money is global. An upper-middle-class educated person probably has more in common with someone who meets that description in London than someone who lives in the American hinterland. If you’re not thinking globally, you’re missing how stuff works. Our sensibility is really about how to do that effectively.

What’s the immediate challenge?
The mandate is to add high-quality stories to a newsroom that is eclectic and interesting but doesn’t always have the focus on ambition. I’d like to conceptualize some series, drill deeper into data, hold institutions to account, adding a unique voice. There are some series we’ve conceptualized. We’ll be stepping away from doing dutiful news and looking to pick our spots and go deeper and elevate the writing. I’d like to see us go hard at urban planning, architecture, film, youth culture.

Read more here.

Wall Street Journal

WSJ website about to reboot


Joe Pompeo of Capital New York writes Thursday about an upcoming reboot of the Wall Street Journal website.

Pompeo writes, “Editors at the paper have been getting previews of the new wsj.com in recent weeks, though a spokeswoman said ‘the visuals are in no way final. They were shown as part of the consulting/feedback process.’

“She also said there’s no official launch date and that the changes will be rolled out iteratively.

“In any case, one person who’s seen the prototype described a cleaner homepage with less text, more photos and fewer navigation bars at the top. The spokeswoman said the new site will have a responsive design with ‘streamlined navigation.’

“The relaunch is part of a ‘digital transformation’ that Baker, writing in a Dec. 31 year-end memo, told Journal employees to expect in 2014. He also mentioned ‘new digital home[s], complete with additional digital and reporting staff’ for coverage areas including politics and policy; global markets and finance; arts & entertainment and China.

“The spokeswoman said those projects are still in the works.”

Read more here. A subscription is required.

Reuters Logo

Reuters names new social media editor


Dan Colarusso, executive editor of digital at Reuters, sent out the following staff hire announcement on Tuesday:

We’re extremely happy to announce that Cassandra Garrison is joining Reuters.com as our Social Media/Live News Editor. She’ll be reporting to Managing Editor Brian Tracey.

Cassandra was previously Digital Managing Editor for Metro New York/Boston/Philadelphia, where she oversaw all online content and social media initiatives. Together with the online team, she was responsible for transitioning Metro, a daily newspaper, into a digital-first operation. Before moving into editorial management at Metro, she cut her teeth as a reporter covering events like Occupy Wall Street, the 2012 London Olympics and Hurricane Sandy.

Cassandra, a graduate of the E.W. Scripps School of Journalism at Ohio University, began her career at WJET/WFXP in Erie, Penn., as a reporter and later anchor of the market’s top-rated morning news program.

Outside of journalism, she will become yet another Reuters.com team member who is an avid runner, as she participated in her first NYC Marathon last year.

Cassandra starts April 7. Please join us in welcoming her to her new job.


How much do Forbes contributors make?


Lewis Dvorkin, the chief product officer at Forbes, writes about the compensation for the business magazine’s online contributors.

Dvorkin writes, “Forty or so full-time staff reporters write for our magazine and post to Forbes.com. They take home salaries, occasionally participating in quarterly incentive programs. They’re now publishing side-by-side with more than 1,200 carefully selected contributors from around the world. One-third of them participate in an audience-based, rather than a page-view based, incentive plan that we regularly adjust to meet marketplace forces (Contributor George Anders expands on Why Writers Need Metrics, Too in this post). The remainder find rewards in an association with FORBES that often leads to paid opportunities elsewhere. Staffers and contributors alike focus on attracting followers to their own individual brands. They’re all bound together by a 97-year-old brand that runs a publishing platform, not a Web site.

“How much do our 400 paid freelance contributors make? Combined, 35%-40% of my total story costs for digital and print, or about 25% of my overall editorial budget. Individually, 60 made as much or more in 2013 than the $45,250 a year the Bureau of Labor Statistics says is the nationwide average for a professional reporter or correspondent. Five or so have built loyal big enough loyal audiences (the model pays more for repeat visitors) to top $100,000. Many dozens more make between $10,000 and $25,000. We probably pay more writers than most news startups combined. None of this fits traditional media’s preferred narrative, leaving full-throated stalwarts and observers clinging to a time-worn rallying cry that is hopelessly nostalgic at best and unprofessionally simplistic at worst.

“FORBES has multiple digital templates that account for hundreds of millions of page views each month. They include article pages, photo pages, list pages, people profile pages, data pages, section pages, department pages, etc. In the last three years or so, the number of article, or post, pages has risen steadily as the growth of photo pages remains flat, with fluctuations tied to the release of our popular lists and mobile consumption (see charts above). Also as indicated above, our contributor base rose sharply with the launch of our platform, then stabilized at the 1,200 range. On-going quality control efforts result in natural turnover. New contributors more aligned to our content and business goals replaced those who didn’t work out for one reason or another.”

Read more here.

Quartz launch

Quartz hires new website developer


Quartz editor in chief Kevin Delaney sent out the following staff hire announcement on Monday:

Micah Ernst starts today as our product engineering director. He comes from Time, where he was manager of web development and oversaw the recent relaunch of Time.com. Micah has led development of projects there including Time.com’s earlier responsive design and a Google Glass photo app for Life, and has deep experience in the Javascript and WordPress technology powering qz.com.

Micah earlier worked as a developer for marketing and academic organizations, and has an IT degree from Rochester Institute of Technology. While a student, he won the Verizon Fios Grand Tournament videogame competition, coming in first out of more than 6,000 players. One of Micah’s colleagues at Time reached out to me last week to praise him and say “You made the right choice.” Follow him on Twitter at @micahwave

With Micah’s joining, we’re reinforcing our top-notch engineering team and its ability to do more industry-leading work. We’re looking to quickly fill our expansion developer slot, and accelerate progress on projects including the qz.com refresh and new Quartz products.

Please join me in welcoming Micah.

Quartz launch

Unlikely data nuggets fuel Quartz stories


Ben Cardew of The Guardian writes Sunday about Quartz, the business news site from The Atlantic.

Cardew writes, “But for Quartz, the Atlantic’s mobile-first business news site, the term denotes the kind of unlikely data nugget behind several of its biggest stories, part of a recipe that has helped Quartz to 5 million readers in just 18 months.

“And it isn’t stopping there: Quartz co-president Jay Lauf says the company has 10 million users in its sights after beating initial audience predictions, while Quartz is projecting a 300% rise in ad revenue this year. Summer 2014 will see Quartz expand internationally, with the launch of an Indian edition in June that will include region-specific content.

“Quartz was launched in September 2012 by Atlantic Media, parent company of highbrow US magazine the Atlantic, a 157-year-old title recently described by the New York Times as ‘the intellectual’s monthly.’ In 2010 the Atlantic returned to profit thanks to a modern-thinking, digital-first approach, including the dismantling of its online paywall in January 2008.

“Quartz aroused considerable interest with its combination of a mobile-first approach, an editorial ethos based on ‘obsessions’ – essentially a changing lineup of newsworthy topics rather than traditional news beats – and a business model that eschewed a paywall and banner ads in favour of free access and native advertising from a small number of bluechip companies.”

Read more here.

Seeking Alpha

Seeking Alpha takes steps to prevent paid stock promotion


Eli Hoffmann, the senior vice president of content and editor in chief at SeekingAlpha.com, writes about how the financial site is taking additional steps to prevent writers from posting content about stocks they were paid to promote.

Hoffmann writes, “We are grateful to Richard Pearson for his outstanding undercover work in unearthing foul play on Seeking Alpha and other investing websites, and for sharing his research with us proactively so that we could deal promptly with non-compliant authors. You can read Richard’s recent articles on this topic here and here.

“This discovery has led us to re-examine our contributor due-diligence policies, and to implement the following safeguards:

  1. Ticker monitoring and blacklisting: We now monitor a number of websites that keep running tabs on stocks that are being actively promoted. When we receive an article on a stock that is suspected of promotion, the article must be reviewed and approved by a managing editor. We have also blacklisted certain stocks from publication altogether in order not to fall prey to promotion.
  2. IP tracking: We recently deployed IP tracking in our content management system. We are now able to cross-check article submissions against each other, which has helped us uncover a number of contributors submitting under false identities.
  3. ID verification: In cooperation with IDology, we are deploying a system to validate contributors’ identities by matching our information against publicly available databases. In cases where we’re unable to validate a contributor’s identity, we require them to submit official photo ID which IDology can independently validate.
  4. Zero-tolerance policy: Any contributor found to have cooperated with stock promoters will have his contributor status permanently revoked, no exceptions.”

Read more here.


Quartz tablet

Quartz seeks global news editor


Quartz seeks an editor to lead its newsroom team and guide daily coverage with bracing creativity and ambition.

You would run Quartz’s global newsroom, assigning coverage, editing stories, and managing the bulk of our journalists.

We are looking for someone with an obsessive interest in news and compulsion to find the most original and smart approaches for tackling it. This person must lead through their energy and curiosity, and deftly guide Quartz’s journalists to produce the greatest work they could aspire to.

We are looking for someone who is excited about the experimental opportunities of digital journalism, while possessing a love of language, facility with data, and fluency in traditional reporting and editing methods.

We are looking for someone with experience managing a team of journalists and deep understanding of strategies and tactics for producing quality journalism that finds a broad readership online.

We are looking for someone with intense interest in the world beyond the country where they reside, as exhibited by time spent living abroad and foreign language fluency.

This role presents the opportunity to join Quartz’s talented editorial, design, and developer staff in building on their success and propelling the business news venture toward greater creativity and excellence.

To apply, please submit a resume or LinkedIn profile, a cover letter touching on what you’d bring to the core requirements of the role, and three links to work of your own or that you’ve guided others to create.

To apply, go here.

cnbc dot com

CNBC’s digital sees record February visitors


CNBC‘s digital operations posted its best February in terms of unique visitors with 11.1 million, up 37 percent compared to the same time period last year.

The total includes its website, its tablet and smart phone applications, and is measured by comScore’s multi-platform Report.

CNBC.com’s total unique video viewer volume reached a high of 2.9 million in February, up 189 percent year-over-year and the site’s third-highest volume ever.

The comScore multi-platform digital report gives a better representation of how consumers are truly consuming content and how advertisers want to reach them since it measures total digital consumption.

February 2014 is the first month where the industry is able to trend comScore multi-platform data compared to the prior year


NerdWallet hires COO, VP of talent


Nerdwallet.com, a three-year-old personal finance website, has hired two executives to help manage its growth.

The San Francisco-based company has hired Dan Yoo to be its chief operating officer. Yoo comes from LinkedIn, where he led the company’s performance management, strategic initiatives and analytics.

Yoo helped LinkedIn’s annual revenues grow to more than $1.5 billion from $120 million and increase its members to 275 million from 45 million.

Meanwhile, NerdWallet has hired Flo Thinh as its vice president of talent. Thinh is one of the top recruiters in Silicon Valley.

Thinh built and led the recruiting team that scaled social-gaming startup Zynga to more than 3,000 employees from 40 in just four years. After Zynga, Thinh joined Khosla Ventures as an operating partner.