Tag Archives: Websites

WSJ launches Markets Pulse

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The Wall Street Journal on Monday unveiled Markets Pulse, a platform for a continuous flow of news — including blog posts, articles, videos, tweets, photos, and other elements — that readers can dip into throughout the day from their computers or from a mobile device.

Adrienne LaFrance of Nieman Lab writes, “Think of it as a daily liveblog of the markets: At this writing, Markets Pulse been updated 12 times in the past hour. Some of those are simply embeds of WSJ stories, which can be read in full without leaving the stream; others are updates of barely tweet length. (‘Dow Down 150: All indexes are down more than 1.2%.’)

“‘This is just another way for them to access our content,’ Raju Narisetti, managing editor of The Wall Street Journal’s Digital Network, told me. ‘Obviously, a lot of our readers are paid subscribers, so they should be able to get WSJ everywhere, wherever they want it.’

“This isn’t the first time the newspaper has experimented with this kind of approach. It created a four-day stream for its Oscar coverage this February, and more recently it streamified its coverage of the presidential election in France. But Markets Pulse is built around an area of coverage rather than a finite event, which means it has the potential to be…neverending.

“Creating an open-ended stream for markets coverage makes sense for a few reasons. It’s an area that a lot of Journal readers are already tracking, and one that lends itself to constant updates. ‘Markets is kind of an ongoing story all day, especially when the U.S. markets are open, and there’s an audience that follows it fairly religiously all the time,’ Narisetti. ‘Rather than having to go to an article or a video in different, discrete places, this allows them to kind of have one place.’”

Read more here.

The Atlantic tips its hand about new site

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The Atlantic, which earlier this year hired away Kevin Delaney from The Wall Street Journal to start a business news website, has disclosed that the site will focus on business news for a global audience.

In an online posting looking for staffers to help launch the site, The Atlantic states:

We need journalists, developers, designers, and advertising salespeople. Some job openings are listed below, and we’ll be adding more soon, including specific openings for reporting gigs. But in general, we are looking for reporters and editors who…

  • know business: you have a background in business journalism, have worked in the business world, or otherwise know your way around capital;
  • have a sense of the world: you have, ideally, lived outside the United States and, in any event, care as much about Hong Kong and São Paulo as you do about New York;
  • work fast: you know that, on the Web, the deadline is almost always now;
  • obsess: you can sense an important story and, when you do, pursue it with zeal;
  • are nerdyyou take a numerate approach to reporting and appreciate — or, better yet, can create — a good chart or other data visualization;
  • think creatively: you are eager to approach the job of reporting in new ways and bring creative, new ideas to our newsroom;
  • write for the Webyou recognize that digital journalism is written in prose, data, visuals, and code, and you’re eager to pick up new skills while on the job.

If that sounds like you, please get in touch with Kevin.

Read more here, including how to apply for specific positions.

North Carolina paper to post company news releases on its site

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The Greensboro News & Record, a Landmark newspaper, announced Thursday that it will start posting company news releases in the business news section of its website.

Jeff Gauger writes, “You’ll now find press releases from companies with connections to the Triad publishing to the Business section as soon as they’re distributed by PR Newswire. The image below shows you where to look.

“Companies pay PR Newswire to distribute press releases. They’re not news in the sense that they haven’t been independently reported and edited, but many do contain real news all the same.

“You now can get and follow company announcements for our region at the same time that we’re getting them in the News & Record newsroom. For some, we’ll follow up with news reporting to get additional details, add context, tell you what they mean.

“Meanwhile, you’ll have the press release immediately.”

Read more here.

Changes at TheStreet.com beginning under new editor Inman

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TALKING BIZ NEWS EXCLUSIVE

William Inman was named the editor in chief of TheStreet.com, replacing Glenn Hall in a move shortly after the financial news and information company also hired a new chief executive officer.

Inman had resigned as editor of Institutional Investor in January. He joined the publication in March 2009.

Before that, he spent 17-plus years at Bloomberg News, where he created a content publishing unit — eventually including magazines, books, and a public website.

He had been a reporter for United Press International, where he was nominated for Pulitzer prizes for stories on organized crime, Russian import/export corruption and Pentagon contract abuses. He was also once North American editor of  Business magazine, a joint venture between Conde Nast and the Financial Times.

Inman spoke Thursday by e-mail with Talking Biz News about his plans for the editorial side of TheStreet.com. What follows is an edited transcript.

Why did you accept the job as editor in chief of TheStreet.com?

It has a great brand and editorial tradition, with some obvious areas that could be improved.

As an outsider, what did you perceive as its editorial strengths?

Its core coverage – stock picking, plus some notable category strengths, among these gold, biotech, emerging markets, technology.

What were its weaknesses?

IMHO it lost the markets focus that was a founding mandate 15 years ago. Somehow the line got blurred about what constituted good investment coverage. Previously, for instance, we posted stories on luxury travel and brands of whiskey, even celebrities at play.

Clearly some of these were driven purely by advertising, but the shift in focus did a disservice IMO to our traditional reader – the non-professional individual investor. So we have returned to our roots in a sense … I also felt there was a tendency toward compartmentalization that hurt coverage.

Previously, for instance, there was a small team in Boston that handled ALL of editorial’s social media contacts. Now everybody finds time to tweet and post stories on Facebook, Google plus, Pinterest, etc.

Lastly, I was keen on bringing back the joy of solid, impactful journalism–encouraging more wins, scoops, hard-edged reporting that changes things for the better.

What have you been working on in your first month on the job?

Doing a pivot from a large, full-time staff with few contributors and specialist writers, to a smaller core staff and many, many more expert contributors. (Editor’s note: There were layoffs at TheStreet.com recently.)

With a new CEO, is the strategy of TheStreet.com changing?

Yes, along the same lines as editorial—–creating a core body of staffers supplemented by best contractors.

How does editorial fit into the company’s overall strategy?

One and the same

How has the program of providing editorial content to newspaper web sites help?

It broadens readership, brand awareness and opportunities via revenue sharing.

How will you tweak the editorial strategy of the company?

It will become a focus on telling smart people things they don’t already know about the markets.

Is the future of business news more paid online content?

I think a balance. There are still tremendous opportunities selling advertising on a popular free site. By building that audience, we also expand the pool of potential subscribers — a strategy Bloomberg has used effectively.

One of the company’s big attractions is Jim Cramer. How do you keep him involved in editorial?

Jim Cramer is our greatest strength, but he won’t always be around. So I’m seeking to grow editorial talent – future Jim Cramers if you will. That is no easy task.

Where would you like to see TheStreet.com’s editorial content in five years?

Mobile and global.

Connecting the dots between business and technology

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Darren McDermott, deputy managing editor of WSJ.com, sent out the following announcement Friday morning about the launch of CIO Journal:

We all know technology is transforming businesses and markets at an accelerating pace. That’s why this week we launched CIO Journal, a specialized online edition of The Wall Street Journal dedicated to business technology.

This is a definitive destination for chief information officers and other senior technology executives, helping them connect the dots between technology trends and business strategy. Its team of reporters and editors, led by editor Michael Hickins, will break news and provide analysis on how companies are using technologies such as the Cloud and Big Data. As with its sister site CFO Journal, CIO Journal combines original reporting with aggregation of news from a variety of sources via Factiva, and provides subscribers with a comprehensive morning newsletter.

I recommend you have a look at CIO Journal, where you’ll find fascinating technology stories on the companies we cover. You may be hearing from Michael and his team as they pursue stories , and I hope you’ll cooperate or even collaborate with them. On the Dow Jones network you can access it via this link, or by clicking the “WSJ Pro” link on NewsNet or MyDowJones. Let me or Michael know if you have questions or suggestions.

The business of covering tech at GeekWire

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TALKING BIZ NEWS EXCLUSIVE

In March 2011, two business journalists who left the Seattle Post-Intelligencer in 2008 to start the TechFlash site for the Puget Sound Business Journal struck out on their own with the help of investors.

Todd Bishop and John Cook started GeekWire, a Seattle-based news site that covers the tech industry.

As veteran technology journalists, with two decades of combined experience covering the tech beat, Bishop and Cook say they have embraced the digital revolution and new online tools while attempting to stay true to the ethics and values of traditional reporting — digging through documents, talking with sources, getting out into the community and seeking to put the news of the day into larger context and perspective.

A native of Wooster, Ohio, Cook got his start in journalism in high school, with a part-time job compiling obituary and election information for the Akron Beacon Journal, where his mom was a reporter. He graduated from Gettysburg College with a degree in history, earning Phi Beta Kappa recognition and Academic All-American honors in soccer.

Bishop grew up in Orland, Calif., and got his start in journalism covering sports for his high-school paper. He graduated from California State University, Chico, with a double-major in journalism and business administration.

Their business partners are investor Jonathan Sposato and chief business officer Rebecca Lovell. The four of them are pictured to the right at GeekWire’s launch party. From left to right: Todd Bishop, John Cook, Jonathan Sposato and Rebecca Lovell. (Photo by Karen Ducey.)

Talking Biz News talked by e-mail this week with Cook about the business. What follows is an edited transcript.

After working for a daily newspaper and a weekly newspaper, why did you and Todd decide to strike out on your own?

It’s something that we’ve wanted to do for a long time, especially as we saw what was happening to the traditional newspaper business with the onslaught of digital media. As technology journalists, we were already on the front lines covering many of these changes. The writing was on the wall per se, and we knew it was only a matter of time before mobile and Web technologies took their toll on traditional media.

We wanted to be part of that change, controlling our destiny rather than attached to a legacy media business that was burdened by the models of the past. More importantly, we’ve covered the stories of entrepreneurs for years, and the passion, energy and determination that goes along with building a start-up is something that’s truly inspiring and has rubbed off on us, for better or worse.

What can you do with GeekWire that you were unable to do working for someone else?

Now, if something is broken, we can fix it. In our past roles at larger media companies, if we identified what we believed was a solution to a problem or just had a good idea, we had to go through layers of bureaucracy and a hierarchical structure. Even if we made it down the path, the possibility that someone would actually listen — let alone implement the idea — was challenging. It was exhausting, and disheartening. We have a lot of offbeat and crazy ideas, and we needed to have a venue where we actually could let our creative juices flow.

That became increasingly difficult at the larger media companies, which were mainly trying to think of ways to survive and hold onto their legacy businesses. To me, that wasn’t a very fun environment to work in, just holding on. I love how the media business is morphing and changing. There’s so much opportunity and room to experiment, and I am of the belief that this is a great time to be in the media business.

I just think of some of things that we’ve implemented in the past year — from our podcast/radio show to events like the GeekWire Summit to a truly unique editorial voice and much of that would have been challenging at existing media companies. Start-ups are notoriously hard, but frankly I’ve found life much easier and rewarding on our own.

What did you and Todd learn from working at traditional media companies that you’re now applying with GeekWire?

We are both rooted in traditional journalism. My mom was a longtime correspondent for the Akron Beacon Journal, and to this day remains my mentor and coach. Todd was the editor of his high school and college newspapers. Journalism is very much a part of who we are. That’s a strength in our view.

We try to do actual journalism, covering events, conducting interviews, digging through court filings, etc. We learned from some of the best in the business at the Seattle P-I, and other daily papers we worked at. So, I’d say we learned how to find good stories, report on them quickly and have a little fun along the way.

How did you find investors and partners for GeekWire?

GeekWire is backed by angel investor and Seattle entrepreneur Jonathan Sposato who previously sold Picnik to Google. We are extremely lucky to have him on our team, providing insight and guidance to a couple of first-time entrepreneurs. We’ve also been humbled by the support of GeekWire in the larger tech community. Many in the community believe in our mission, and have been supportive not only through reading our stories and attending our events but also through advertising and sponsorships. There’s a belief in the Seattle tech community that GeekWire plays an important role in the overall ecosystem, telling stories and connecting people in new ways. I obviously believe very deeply in that mission.

There are a lot of tech news sites out there. How do you differentiate yourselves?

We like to say that we are a national technology news site rooted in Seattle. That sets us apart immediately, in part because most of our competitors are located in Silicon Valley, Boston or New York. Being based in Seattle means we just look at the world a bit differently, and we come at stories with a unique perspective. Being in Seattle also means we are on the front lines of some of the most interesting things happening in technology, covering a lot of them in person.

We’re also different in that we’re very much rooted in traditional journalism, the idea of producing original content such as Todd’s recent report on Microsoft’s investigation into its Bing marketing teamand our exclusive profile of Amazon.com’s first employee. Of course, we do some aggregation on the site, but we try to make our first focus original reporting, and we do our best to add value by bringing our own perspective to everything we write and linking liberally to the sources we find online.It’s a bit sad to say that that is a differentiator, but so many “news” sites today really have just become aggregators of OPC — Other People’s Content.

And while we are rooted in traditional journalism, we are also excited and empowered by the way things are being transformed by the Internet and mobile technologies.Plus, at the end of the day, we just have a goofy and fun side to our coverage, like the recent video we did of the “Textspresso” machine or the day Todd spent the morning live streaming a PR stunt by Angry Birds at Seattle’s Space Needle. We like to surprise readers, mixing in hard news with offbeat features. We think that element of surprise keeps readers and viewers coming back.

What sites or media do you see as your biggest competition?

There’s no shortage of competition, from TechCrunch to GigaOm to All Things D to The New York Times to VentureBeat. We also compete with Twitter and Facebook and Hulu, simply from the vantage point of where people want to spend their time. We do pay a lot of attention to the Techmeme leaderboard, which is the ranking of the top tech news sites on the planet. I am proud of the fact that GeekWire routinely ranks in the top 25, and I bet we are the “leanest” of that bunch with just two full-time editorial staffers.

What’s been the biggest issues in the past year to keep the site vibrant and breaking news?

We’ve had our fair share of challenges, but nothing that’s been deadly, knock on wood. I’d say our biggest challenge at the moment is finding the right hires and partners to take advantage of the opportunities we have in front of us on the editorial and business side. As I said, we are lean group — one of the reasons we’ve been profitable each month of 2012. However, we need to get into a stronger position where Todd, Jonathan, Rebecca Lovell and I have the ability to pursue some of the creative ideas that will take the business to the next level. At the end of the day, time is probably the biggest challenge. There’s just not enough hours in the day to pursue all of the great story ideas and capture the business opportunities.

You and Todd seem to spend a lot of time writing and posting still. How do you manage journalism with running the site’s business side?

Actually, this is one of the reasons why it took us so long to make the leap into the world of entrepreneurial journalism. For the longest time, we just could not find that perfect person on the business side, which was so critical for us. Luckily, very early on in the formation of GeekWire, we brought on our fourth partner, Rebecca Lovell. Rebecca, the former executive director of the Northwest Entrepreneur Network, serves as chief business officer, overseeing all aspects of GeekWire’s business, from high-level strategy to managing events to selling sponsorships. Rebecca was a critical hire, and we are so lucky to have her.

Having a full-time partner who runs the business frees Todd and me up to set the editorial focus. All of the us play a role in the larger strategy, but Rebecca drives the business day-to-day. It also allows us to live up to our journalistic ideals. Incidentally, we do have a physical wall that actually separates the editorial and business operations at the GeekWire offices. One of my favorite stories related to this topic was the day that Rebecca “scooped” us by selling an advertisement to a company whose story Todd and I had unsuccessfully been chasing. The ad touting their new office in Seattle appeared on the site before we were able to report on the news, and Todd and I had no clue the ad was coming.

If you could go back and change anything about the past year to 15 months, what would you change?

This is a great question, and the amazing thing is not much. We’ve had an awesome run so far. Having covered start-ups for years, I know how rare that is. If I were to choose, I’d say it would be to get in a time machine and go back three or four years to start GeekWire a bit earlier. It’s just so gosh-darned fun and exciting doing your own start-up, making the decisions that drive the business without needing to involve others who may or may not be driven by the best agenda. I guess my only regret is that we didn’t do it sooner. But, hindsight is 20-20 as they say, and we’re spending most of our time thinking about where we are going, not where we’ve been. As Amazon’s Jeff Bezos likes to say: “It’s day one.”

What are your expansion plans going forward?

We’d like to bring on another tech journalist — one steeped in social media and the world of geekdom. This will help us build an even bigger and better community news site and resource. We also have a number of fun ideas on the editorial front, including the pilot of a new Web video series called Elevator Pitch that we’re excited to roll out. We’ve also expanded our lineup of events this year to nine total, including several we brought on through our acquisition of a local site called Seattle 2.0, which produced the top start-up awards event in Seattle, a tradition we are now continuing with the GeekWire Seattle 2.0 Startup Awards on May 3rd. This year, we’ve already run a half day conference called the GeekWire Summit with more than 500 attendees, so 2012 is shaping up to be a big year for us.

Are you breaking even financially yet? If not, when do you hope that will happen?

Yes, we are. I am proud to say that we turned a profit in the first quarter of 2012. Things are looking great in the business, and we are all excited about the opportunities ahead.

CNNMoney has six biz news jobs available

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There are currently six jobs — two each in New York, Hong Kong and London — available at CNNMoney.com.

The New York positions are for a reporter for weekend coverage and a breaking news editor for weekend coverage. The principal responsibility of the weekend reporter will be finding, reporting and writing business news stories in the following areas: Markets, technology, small business, personal finance and economy.

The weekend news editor will directly supervise the weekend reporter — help with story development, reporting and writing; edit many of their stories; coach and promote their professional development. The weekend news editor will edit articles, write headlines, vet story ideas and plan coverage. The weekend news editor will be responsible for covering breaking news and generating enterprise features. The weekend news editor will be solely responsible for curating the CNNMoney home page on weekends

The two positions in Hong Kong are for a reporter and a senior editor.  The reporter will write and/or edit business news articles in the following core areas of CNNMoney coverage: Markets, technology, small business, personal finance and economy. The senior editor is a key and critical position that has leading and editorial responsibility of CNNMoney’s global expansion initiatives.

The two positions in London are for a digital producer/reporter and an international editor. The digital producer/reporter is responsible for effectively handling a broad range of reporting and writing assignments.

The international editor is responsible for leading CNNMoney’s international coverage — helping set a vision and executing on it. The international editor will focus on five main areas: Management and supervison of his/her team; journalism and upholding the highest standards; collaborating with CNNMoney’s main newsroom and CNN; web site production; and product development. The international editor will work closely with CNNMoney’s senior editorial management team.

A sustainable business news model

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TALKING BIZ NEWS EXCLUSIVE

Christina Williams is the editor of Sustainable Business Oregon, a website and print publication launched in 2010 that is operated by American City Business Journals.

The mission of the publication is to cover the news and issues of interest to businesses that are engaged in the sustainable economy. For Oregon, sustainability has become the watchword for economic development work. It’s become a differentiator for businesses and a passion for the people they employ.

In addition to the website, Sustainable Business Oregon also has a weekly two-page spread and a quarterly special publication in the Portland Business Journal.

Its goal is to provide both a hub for news and a forum for the exchange of ideas on topics of vital interest for people who care deeply about sustainable business.

Prior to joining the staff at the Portland Business Journal, Williams had a two-year stint in public relations, served as managing editor at Oregon Business magazine, technology columnist and business reporter at The News & Observer in Raleigh, N.C. and associate editor at Tech Capital magazine in Vienna, Va.

Williams spoke with Talking Biz News via email earlier this week about the publication and its work. What follows is an edited transcript.

How did the idea for Sustainable Business Oregon come about?

Oregon has dedicated a lot of economic development energy around capitalizing on the state’s expertise in all things sustainable. The publisher of the Portland Business Journal, Craig Wessel, saw an opportunity to develop a vertical publication that would be dedicated to covering this lively and wide-ranging sector of the economy.

Why Oregon?

Supportive policies and some innovative businesses have made the state a sort of center for sustainable business. Oregon was seen as an early leader in industries such as green building and renewable energy, not to mention the natural resources sectors that are a part of the state’s heritage.

When did you launch, and what types of stories is the site covering?

We launched SBO in January 2010. We cast a pretty wide net, covering the intersection of sustainability and business. Sustainability touches a lot of different industries. But because we cover where the money flows, we end up writing a lot about renewable energy projects, but we also write about trends in sustainable business from innovative business models, to cleantech investing, to transportation infrastructure, to public policy. We also have a blog, Voices from Sustainable Business, where we invite guest posts from the business community to weigh in on relevant topics.

Are sustainable and environmental issues not being covered by the mainstream Oregon media from a business perspective?

They have been since January 2010! Sustainability is part of the lexicon around here, to a certain extent, the mainstream business media covers it, just not in a focused way.

How much do you work with the Portland Business Journal, which is also operated by American City Business Journals, to produce content?

SBO shares content with the Portland Business Journal and vice versa. All of the PBJ reporters contribute, at least occasionally, to SBO. The energy reporter more so than the legal reporter.

How much content does the site post each day?

As much as we can. No set goals. We cover breaking news and endeavor to be on top of our coverage area. I’d say on average 5 stories or blogs a day. Often more. Rarely less.

How big is your staff?

It’s myself and one half-time person, Mason Walker, who mostly works on the marketing side but who is an invaluable partner on the development of the site.

What has been the reader and advertiser reaction so far to the site?

Positive. We are a sponsor-supported site. For the most part, we’ve retained our advertising sponsors with very little turnover.

Is this something that ACBJ might consider rolling out into other markets?

Good question. There’s been some conversations about it — there’s certainly an opportunity there — but no plans to date. It’s an issue of how best to deploy resources.

What’s been the biggest issue in terms of getting more readers?

Exposure. And our local focus is both our strength and our weakness when it comes to growing our audience.

What area of coverage would you like to improve upon?

One thing that’s been a challenge is how to cover the more nuanced aspects of sustainability — such as social justice — from a business perspective. In addition, I always wish we had more staff, more resources. We can definitely be telling more and better stories about sustainable business.

Forbes.com launches section with editorial content drawn from research

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There is a new online section of Forbes.com devoted to the thought leadership content and research generated from the Forbes Insights Practice, the custom research division of Forbes Media.

Bruce Rogers of Forbes writes, “Senior Research Director Brenna Sniderman’s brilliantly written piece entitled ‘The Five Personalities of Innovators: Which One Are You?’ was based on research we conducted to help better understand how to foster innovation in organizations in Europe.

“Her piece struck a chord with the Forbes audience, generating nearly 600,000 page views to date and over 120 thoughtful comments.  The article was shared nearly 25,000 times  in social media through Facebook, Twitter, Redditt, Stumbleupon and Linkedin.  In fact, the story was the number one shared story on Linkedin last week (read Linkedin’s blog post on it here).

“There’s plenty more where that came from.  I spent the last week unveiling Forbes Insights research on ‘Global Wealth and Family Ties’ in a series of press briefings in London and Paris in conjunction with our study partner Societe Generale.  Forbes Insights Editorial Director, Kasia Moreno, writes about the research in a series of articles, including this one entitled ‘Why China’s Rich and Russia’s Rich Share Many Traits’.  Not surprisingly, Forbes Insights has a depth of knowledge and access to proprietary databases on the world’s ultra high net worth individuals and families.  Look for more to come from this ‘rich’ vein of insights and data on wealth creation and wealth management.”

Read more here.

WSJ officially launches CIO Journal

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The Wall Street Journal announced Monday the launch of CIO Journal, a premium news and information service for chief information officers and senior business executives focused on technology.

The subscription service provides real-time news, coverage and analysis written and produced by a dedicated team of editors and financial journalists.

Deloitte is the exclusive sponsor of CIO Journal, and provides a daily stream of CIO-focused fact-based research, technology perspectives and analyses, case studies and more. Deloitte has a similar exclusive sponsorship with The Journal’s CFO Journal, which launched in 2011.

Led by editor Michael Hickins, CIO Journal is available online, via the iPad, and is optimized for access via most smartphone devices. Subscribers will have access to the service via The Wall Street Journal Tablet Edition for iPad.

“The technology landscape has changed dramatically in recent years and with it so has the role of the CIO within a company,” said Alan Murray, The Journal’s deputy managing editor and executive d\editor, online, in a statement. “CIOs are on the front lines of some of the most important issues within their companies, and their responsibilities demand that they stay on top of relevant news in real-time.”

The editorial team includes deputy editor Steven Rosenbush, a former editor and writer with Institutional Investor and BusinessWeek; Rachael King, formerly a reporter for Bloomberg BusinessWeek; reporter Clint Boulton, formerly a senior writer at Ziff Davis Enterprise; reporter Joel Schectman, most recently with the Bergen Record; and producer Thomas Loftus, a former editor for the Journal’s Digits blog and WSJ Professional.