Tag Archives: Websites

Rothfeder named editor in chief of International Business Times

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Longtime business journalist Jeffrey Rothfeder has been named editor in chief of International Business Times, a business news site.

Rothfeder, who will report to chief content officer Johnathan Davis, will oversee the  transformation of IBTimes into a multimedia news service, building and executing editorial strategies across the company’s global newsrooms.

Davis, who previously served as executive editor, will manage the company’s branded content strategy across all platforms. IBTimes has a global network of journalists supplying news, analysis and information, reaching More than 10 million visitors a month.

Rothfeder brings more than 20 years of media and business leadership to the company. He joins IBTimes after holding key editorial and executive positions at Bloomberg, Time Inc., Businessweek, Booz & Co., and PC Magazine.

He has written a number books, including “McIlhenny’s Gold,” “Privacy for Sale,” “The People vs. Big Tobacco (co-author), “Make or Break” (co-author), and “Minds Over Matter.”

“Jeff is one of the most talented and experienced business news executives in the world,” said CEO Etienne Uzac in a statement. “We are absolutely thrilled to welcome him here to IBTimes. His journalistic vision and appetite for global coverage are perfectly in line with our growth strategy. Our mission is to foster global economic growth by empowering people everywhere with excellent, insightful and accurate news, analysis and information.”

Read more here.

CNNMoney.com reporters trying to purchase Facebook IPO shares

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Three CNNMoney.com reporters — including tech editor Stacy Cowley and staff writer Julianne Pepitone — are covering the Facebook IPO on Thursday by trying to purchase shares in the offering through online brokerage accounts.

If they get any shares, they’re planning to hold on them for one week, then sell them off on Friday, May 25. If they have any gains from the experiment, they’ll be donated to The Time Is Now To Help, a CNN Heroes Top 10 honoree.

Their disclaimer: “We’re not recommending Facebook as an investment; we’re buying in simply to illustrate how the process works. Anyone considering buying Facebook shares should read through the company’s IPO prospectus, which describes Facebook’s financial condition and its risks. (The short version: The future is mysterious, and Very Bad Things can happen to companies. So don’t, like, bet your college fund on this IPO.) “

The first place they tried was Charles Schwab; “And then, strikeout. The site gives me back this message: ‘Based on the account information we have on file, you are not able to participate in this offering.’”

Read more here.

The Atlantic names its biz news site Quartz

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Jeff Bercovici of Forbes.com writes that The Atlantic has decided on Quartz as the name for its new business news site.

Bercovici writes, “One is symbolic: The mineral quartz is associated with intense geological activity. ‘It’s a bit of a metaphor for our intent to cover obsessively the tectonic shifts in the global economy,’ Delaney says.

“Another is aesthetic: With both a ‘q’ and a ‘z,’ two of the least frequently used letters, it’s just an unusual and distinctive-looking word.

“Then there are the utilitarian considerations. For its domain, Quartz will drop all the more common characters in favor of the ultra-pithy qz.com. In an environment where the importance of Twitter as a distribution channel puts characters at a premium, a two-letter domain ‘practically eliminates the needs for a URL shortener,’ says Delaney. ‘From a practical standpoint, it’s user-friendly.’

“It’s also easier for mobile users to type in on their smallish keyboards. Plus there’s the fact that the company that owns Quartz.com, a manufacturer of scientific equipment, didn’t want to give it up.”

Read more here.

Houston biz journal sees strong growth in online readers

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Candace Beeke, the editor of the Houston Business Journal, writes about how the American City Business Journals paper has grown its online readership and hired a web producer.

Beeke writes, “Most recently, we recruited a new web producer, Olivia Pulsinelli, to join us from Chicago. She brings strong business journalism experience and a passion for telling great stories on the Web. And in a couple of weeks, we plan to introduce a new multimedia intern to our newsroom to help create more unique business stories online.

“This growth is in response to an overwhelming increase in demand from our online business audience. Only one year ago, HBJ ran in the middle of the pack for American City Business Journals’ 40 markets, with about 560,000 page views monthly. In the first quarter of 2012, however, we’ve seen an incredible surge, pushing us into the top 8 nationwide. In the first three months of 2012, houstonbusinessjournal.com produced 2,375,675 page views. That compares with 1,838,752 during the same period of 2011.

“But April is when things really got interesting. Last month, we generated 997,302 page views, up from 578,209 the year before.

“This is not a passive accomplishment for us. We weren’t sitting by, watching the clicks tally. The excitement was audible throughout the company during the final days of the month, and by audible, I mean it involved our publisher and an airhorn.”

Read more here.

All Things Digital hires Cha from CNET

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Bonnie Cha, a tech reporter for CNET for the past eight years, has been hired by All Things Digital, the Wall Street Journal’s tech site, to review new tech products.

Kara Swisher writes, “Cha has been covering technology since 2002, most recently spending eight years at CNET reviewing various consumer electronics, including printers, software and smartphones, as well as reporting on the wireless industry.

“She also wrote for the Crave blog there, covering such topics as robotics and science, and served as a technical editor on several how-to books for McGraw-Hill.

“When not tinkering with the latest gadgets, Cha enjoys spending her free time surfing or checking out live music. She is a graduate of Emory University with a degree in English and of the University of Southern California, where she got her masters in journalism.

“Most of all, we think she’s a perfect fit for our ever-growing staff, so get ready for some insightful reviews and more when she starts in May.”

Read more here.

CNNMoney launches new international page

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CNNMoney.com launched Monday an international homepage with personalized content and global indexes for audiences outside of the United States.

The international homepage went live alongside a new in-depth special report called, “The Rise of China,” which looks at China’s economy, the opportunities and risks of investing in China and the tension between U.S. and Chinese companies.

“Our growing audience around the world demands more high-velocity news and real-time analysis of interdependent markets and economies and global brands,” said executive editor Chris Peacock in a statement. “By investing in more reporters around the world, we will be giving our readers more of what theywant when they want it.”

CNNMoney.com already generates 13 percent of its traffic from outside North America and the international homepage will serve as a gateway to CNNMoney’s overall site, which offers technology, markets, economy, leadership and video content. CNNMoney is also expanding its editorial team with new positions in Europe and Asia, including a new international editor, senior editor, as well as additional reporters.

As part of this expansion, CNNMoney’s international homepage will connect with CNN International’s business coverage, including the CNNi 360 blog, Quest Means Business, Global Exchange and World Business Today at edition.cnn.com/business.

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.