Tag Archives: New technology

CNBC shows off its new studio


Steve Fastook, CNBC’s vice president of technical and commercial operations, gives a tour of the new studio, which uses LED lighting and decreases the network’s electricity usage.

The Economist launches Android app


The Economist launched an application for Android phones on Tuesday, and Cameron Summerson of AndroidPolice.com has a review.

Summerson writes, “This app differs a bit from other publication based apps, as the download is free, and offers free access to editor’s highlights — no subscription required. Naturally, if you are already a subscriber, you can access full cover-to-cover versions of the magazine, download them for offline viewing, switch between reading and listening, and access/download previous issues.

“The Economist app also utilizes in-app purchases for people who only want occasional access. If you see an edition of the mag that you’re interested in, simply grab your device and buy it — no need to buy a full subscription. If you later decide that you want a full subscription, you can buy directly from within the app, too.

“The Economist is available now in the Android Market.”

Read more here.

Portland, Ore.-based digital biz magazine seeks funding


A digital business magazine called Stake hopes to launch later this year, but it needs $7,000 in donations by the end of the month to get off the ground.

To donate money, go here. The magazine currentlyhas $691 in funding.

Support will go directly to journalists, photographers, videographers, developers and designers to help us turn Stake into a full-fledged digital publication. After the first issue, it’ll turn to sponsors so it can continue publishing. 

A vision of how social media are developing


Thomson Reuters Digital executive editor Jim Impoco talks about the news organization’s new social media editor Anthony De Rosa in an inteview with Beet.TV.

Impoco notes, “He as a hobby, at night in his off hours, turned a blog on Tumblr into one of the top 25 blogs in the world….Clearly he is somebody who has a vision of how social media is developing.”

The Daily looking for biz writers



Tom Lowry, business editor of News Corp.’s table newspaper The Daily, is looking for writers.

Lowry, who started on the job last week, says he is hiring one full-time staff writer and is also looking for freelancers who can contribute on a regular basis. For the full-time position, Lowry wants someone with at least three years covering a business beat.

“I want to build up network of folks who I can rely on for stories,” said Lowry about the freelancers, in an e-mail to Talking Biz News.

The Daily launched on Feb. 2, 2011, with the mission to provide the best news experience by combining world-class storytelling with the unique interactive capabilities of the iPad. The Daily is offered exclusively in Apple’s iPad App Store and is available free for two weeks. It costs 99 cents a week, or $39.99 a year.

An additional full-time staffer for the business section might be added later this year, but no formal decisions have been made, Lowry said.

For immediate consideration for the business reporter position, please send a cover letter (with compensation requirements), resume and five recent clips to newsjobs@thedaily.com. Please reference in the subject line of your email that you are applying for the business reporter position.

Why the WSJ’s iPhone app gets bad reviews


Jakob Nielsen of UseIt.com has a great explanation of why The Wall Street Journal‘s app for iPhone’s is upsetting some readers — they are being charged for information they have already paid for.

Nielsen writes, “Does it matter that existing website subscribers give up on the mobile app? After all, the company already has their money from the website subscription.

“Also, the design works reasonably well for new subscribers — who are the only ones generating incremental revenue. So why not just focus on new subscribers and ignore old customers and their horrible user experience?

“Two reasons:

  • Existing subscribers feel so insulted by having to pay twice that their negative ratings dominate the App Store feedback. Thus, many potential new subscribers will see the 2-star rating and immediately abandon the application download. With 500,000 alternatives, people don’t have time for junk apps.
  • People who’ve paid for website access are the newspaper’s most loyal fans. Paying for Web content is fairly rare; customers willing to do so should be treasured, not treated like garbage.

“Newspapers have two strategic imperatives for surviving in the Internet age:

  • Retain credibility: they must be more highly respected than the random sites users dredge up on Google.
  • Deepen relationships with loyal users, so that they turn to the paper first instead of using one of the many aggregators that commoditize content.

“Credibility and relationships both take a dive when customers are mistreated, particularly when they feel unfairly wronged.”

Read more here.

Using LinkedIn to track company changes


Jeff Sonderman of Poynter.org writes about how journalists can use changes on LinkedIn to track company moves.

Sonderman writes, “You can use LinkedIn’s company pages to stay up-to-date on companies on your beat. Company pages aggregate information from all LinkedIn members who are employees of a particular firm.

Track hiring trends. The company page shows job postings. You might learn about a new strategic initiative by seeing what types of jobs the company is adding.

Get quick company backgrounds. On any company page, click the link on the right side that says “Check out insightful statistics…” Here you’ll see breakdowns of the job functions, years of experience, and educational backgrounds of employees, all with comparisons to industry averages. This can help you understand a company you haven’t dealt with before.

See where employees tend to come from, and leave to. On the right side of that same company statistics page, you’ll see lists of the most common companies that current employees came from, and the employers they leave for most often. You may find a trend story about who is poaching a company’s employees.

“If you’ve found this useful, you can learn more and keep up with the latest changes on LinkedIn in a few ways. Follow the official blog and press center, test out beta features on LinkedIn Labs, or join the LinkedIn for Journalists group for more tips and advice.”

Read more here.

Energy company responds to negative story through Twitter


Andrew Phelps of the Nieman Journalism Lab writes about how Chesapeake Energy is using Twitter to respond to a New York Times article that quotes from company emails to suggest Chesapeake executives are overstating productivity and profitability.

Phelps writes, “Chesapeake PR responded swiftly and strongly, but with a novel social media tactic: The company bought Promoted Tweets on search terms like the hashtag #naturalgas and the Times’ primary account @nytimes. Search for either one of those terms and you’ll see the top tweet features a link to CEO Aubrey McClendon’s rebuttal. (The company is rotating multiple tweets in the promoted slot.)

“Spokesman E. Blake Jackson, who manages the @Chesapeake account, is actively replying to tweets that mention natural gas, retweeting users who link to favorable stories, and sharing links to stories from other news outlets, including a fracking-friendly Wall Street Journal editorial. (The company posted McClendon’s email-to-staffers rebuttal on Facebook, by the way, not the corporate website, to make it easily sharable.)

“Back in the day, a corporation stung by a newspaper story might try to buy a full-page ad in the paper. But that route was controlled by the very organization they were battling. Targeting PR ad dollars toward social media is another sign it isn’t just stories that can spread virally — it’s also the conversations around those stories, pro or con.”

Read more here.

Digital personal finance magazine launched


A personal finance magazine called Sustainable Money designed specifically for smart phones and tablets has been launched.

The editor is Darrell Delamaide, a veteran financial journalist who has written for Barron’s, Bloomberg News and Institutional Investor. He was also the director of AOL’s Personal Finance Channel.

“Our goal each week is to give you some takeaways that will help you save money or make money, or in some way increase your financial security,” said Delamaide in a statement. “There’s no easy way to get there. It takes many small steps, and we want to help you take a few more steps each week.”

The magazine aims to be a personal finance guide on how to manage spending to increase savings, and how to manage savings to increase wealth. Every issue will also focus on the ways spending, saving and investing make a difference in how our planet’s resources are used.

The publication will be weekly, and the first issue is free. Renewable monthly subscriptions are available for 99 cents through In-App Purchase. Annual subscriptions are available for $9.99.

Contributors to Sustainable Money include Karin Price Mueller, who writes a weekly consumer affairs column for The Star-Ledger in Newark, and Vanessa Richardson, a former staff writer for Self, Money and Red Herring.

Read more here.

Business journalists and social media


Up to one in seven of all published business stories originate via social media, according to a study released Monday by Brunswick Research.

Around 90 percent said they had taken information from a social media site. Some 66 percent said that information found on social media had led to a published story.

Brunswick Group recently conducted a global survey of business journalists and their use of social media. In
the survey, we interviewed more than 1,000 business journalists from print and broadcast media in 35 countries and asked them how they used social media platforms.

The findings show that social media is increasingly the most influential source of information for stories published by business journalists, whether it is the initial seed of an idea for a story or a main tool in gathering information.

When asked which sites provide the most valuable information, Twitter was rated highest, followed by blogs. However, no single blog received more than a handful of mentions — and those name checked more than once were often blogs run by established media such as the Financial Times and The WSJ, or online financial news services such as SeekingAlpha.

Facebook and LinkedIn were just behind in third and fourth place, respectively, though Facebook is now actively encouraging journalists to make use of its platform as an information tool.

Read the study here.