Tag Archives: New technology
Lizzie O’Leary, a Washington-based correspondent for Bloomberg Television, spoke to the Atlantic and talked about how important Twitter has become in relaying a story.
O’Leary said, “The oil spill was actually the first time I came to understand the power of Twitter and started using it personally to get reporting tips. You’d see something pop up about oil coming ashore on Grand Terre or Grand Isle and you could get over there. Otherwise you’d be calling the sheriff’s department, who might not have wanted to tell you where the oil was. When I started covering the oil spill I didn’t know anything about petroleum engineering, and a hydraulic engineer started following me and an oil engineer from Texas started sending me information. They turned into real sources and helped me read through the data that I got my hands on.
“On Twitter, Heidi Moore is great on the business side. For national security stuff, Marc Ambinder is ahead of the game. Rachel Sklar, who is a friend of mine, is a one-woman media industry and tech news source. There’s also a group of Hill journalists who I follow and play with: Olivier Knox, Jake Tapper,Brian Beutler. I also follow Anna Holmes fairly religiously. I have real-life friendships and working relationships that sprouted from digital ones, like Mac McClelland from Mother Jones. We met because we were both covering the oil spill together, and she’s done stuff in Haiti, Uganda, the Congo. She’s taken Twitter reporting to new forms–little microbursts of storytelling. I follow a ton of politicians because they often make announcements that way; they tend to scoop themselves a lot. And I follow a lot of comedians: Neal Brennan, Liana Maeby, Tyler Coates, Aasif Mandvi, who was my date to the White House Correspondents Dinner.”
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Michael Martin of The Business Insider talked with John Carney of CNBC.com about social media is affecting investing and the quality of financial journalism.
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The Society of American Business Editors and Writers is conducting an anonymous survey of business journalists throughout the country to determine how they use social media technology such as Twitter, Facebook and blogs.
The results of the survey will be made available to all SABEW members by the end of June on the organization’s web site. The data will be updated annually to determine whether new media usage by business journalists is changing.
To do that, it needs the help of business journalists. If you are one of these people, please go to the link at the end of this message and click on it. Answering the questions will take less than a minute, but the results will provide valuable data for other business journalists to see where they stand when it comes to social media usage.
“While most of us use social media, we want to examine how it’s used for reporting and disseminating business news,” said Kevin Noblet, SABEW’s president and the managing editor for wealth management coverage at Dow Jones Newswires. “We want to quantify what’s happening with social media on the business news desk, and to what degree.”
The survey results will be analyzed by SABEW’s research director, University of North Carolina-Chapel Hill journalism professor Chris Roush, and will be broken out by how many business reporters use different social media and for what purpose.
Click here to go to the survey.
The financial and economic meltdown helped the Wall Street Journal become the nation’s largest weekday paper, Les Hinton, chief executive of Journal publisher Dow Jones & Co., said in San Francisco on Tuesday.
Kathleen Pender of the San Francisco Chronicle writes, “With moderator Quentin Hardy of Forbes, Hinton discussed the Journal’s tablet app, social media, the future of print, the national debt and his boss. Here are some of his comments:
“On the iPad app: The Journal launched its tablet application the same day Apple’s iPad debuted. Based on a year of experience, the Journal has found that tablet users buy fewer print newspapers, magazines and books but spend more time consuming the contents of newspapers, magazines and books. They are also more satisfied with content delivered on tablets than on smart phones.
“On the future of newspapers: ‘I hope and believe that the word newspaper will endure’ no matter how its content is delivered, Hinton said. He pointed out that the term ‘cc’ survived the death of carbon copies and people still ‘cut and paste’ on computers without scissors or glue.
“But he also said paper editions ‘will endure for a long time.’ After all, a newspaper doesn’t break when you drop it and never has to be rebooted, he noted.
“When I asked Hinton after his speech when he thought the Journal would print its last dead-tree edition, Hinton refused to speculate beyond ‘a distant future decade.’”
Fortune magazine has built a new application to run inside web browsers on a variety of platforms, reports Nat Ives of Advertising Age.
Ives writes, “As a web app, Fortune500+ joins what seems to be a slowly rising tide of apps that run in web browsers instead of the operating systems of particular devices. Magazines, like others, have introduced many apps specifically for the iPad. But magazines have also published a couple of web apps so far, such as Sports Illustrated Snapshot, a free daily photos app that sells extra content, and Skiing Interactive, a free app that updates weekly over the summer and goes daily again in October. ‘I think you’ll see that more and more apps will go this way,’ said Daniel Roth, managing editor at Fortune.com.
“The free version of Fortune500+, a Fortune 500 dashboard and toolkit arriving Thursday with sponsorships from Adobe and the city of Las Vegas, will provide company descriptions and ranks, details on financials and management, customizable stock charts and live related headlines. A premium version priced at $9.99 year will let users view their LinkedIn connections at each company, sort companies by factors like industry and location, and build and share lists.
“‘It enables users to use all of our reporting in a way we’ve never done before,’ Mr. Roth said. ‘We know people use our information as a tool. Why not actually build a tool for them?’
“Fortune expects to release ‘native’ app versions of Fortune500+ for specific devices by the end of this year, but wanted to tweak the code it built for the web rather than write different programs for several systems at once. And this way it starts off with the widest potential audience: Not everyone has an iPad, but just about everyone uses a web browser.”
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Reuters announced Wednesday that it is launching an online service offering live video access to breaking and scheduled news events to outside publishers, reports David Kaplan of PaidContent.org.
Kaplan writes, “The service, dubbed Live Stream, has been tested with launch partners The Tribune Company and Australia’s Fairfax Media. It got its big debut last week when the NYTimes.com made use of the live video from the Royal Wedding in the UK, even though the New York Times has not officially signed on as a regular client. (Though the NYT is considering doing so, one source told paidContent.)
“For the past few years, Reuters has been working to build up its multimedia offerings on both the general news and financial professional sides. Video has played a big part in that.
“Most recently, the company a deal to distribute paparazzi-style video site Hollywood.TV’s content to its clients. That was aimed at drawing more general consumers to its site. Before that, for the more professional, not-necessarily-financial market oriented users, Reuters introduced a Rocketboom-like video series.
“And to make sure that it hasn’t forgotten its roots, a year ago, Reuters unveiled ‘Insider,; a VOD platform intended only for investor-audience subscribers.”
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Aaron Kremer, the editor and founder of RichmondBizSense.com, writes about the business news website’s new partnership with the daily newspaper in Fredericksburg, which is north of Richmond and is now putting out a daily business news e-mail.
Kremer writes, “The partnership is a loose one, but BizSense advertisers who want to reach a similar demographic in that market can place the ad through us. Likewise, Fredericksburg Business Insider advertisers can call that paper to get an ad on our site. Hopefully that leads to more advertising for both papers.
“There are a few other new things in the BizSense pipeline. We’ve added section-specific sponsorships for our weekly features, such as Monday Q&A and the HR roundup called The Herd. The new sponsorships put the advertiser’s logo in the section graphic along with a block advertisement in the middle of the section. We will be rolling out those new graphics in coming weeks but you can see one in today’s Q&A.
“And perhaps most exciting, we are launching a new email called Off the Clock, which will go out on Thursdays to our NewsFeed subscribers and give them a Top 5 list of recreational options for the weekend as well as leisure reading for the weekend. It will have links to the best leisure/lifestyle journalism from around the web. This is our first step outside pure business news, and we hope that local venues, event promoters and recreational businesses see the value in our audience and jump on as advertisers. Off the Clock might also allow us to sell to other advertisers who want just one day a week of exposure. Look for the first Off the Clock email to come out in June.”
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T.J. Raphael of Folio writes about how the new Bloomberg Businessweek application allows readers to go behind the scenes of the stories in the business magazine.
Raphael writes, “App users can see behind the scenes videos about the cover story and its artwork every week from editor Josh Tyrangiel and creative director Richard Turley. Individuals can also hear interview podcasts from columnists like Charlie Rose and Tom Keene.
“The print publication has a rate base of about 900,000. According to Oke Okaro, the Global Head of Consumer Mobile Business for the Bloomberg Multimedia Group, 17 percent of subscribers currently have an iPad, which is a target market of about 153,000 potential app readers. The publication declined to say how many times the app, which was launched April 11, has been downloaded so far.
“‘It’s a very important device for us to be on. We started out from the standpoint of let’s bring our magazine to our audience on a device that they increasingly carry,’ says Okaro. ‘One thing we do know, without a doubt, is that it’s been incredibly well received by our readers and the market place.’
“Print subscribers are able to access a full subscription of the Bloomberg Businessweek iPad app for free if they enter their account number, e-mail address or home mailing address when they log on to the app. Individuals can download a free test issue of the magazine or become a subscriber for $2.99 per month.”
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Ellie Behling of eMedia Vitals obtained a copy of Bloomberg News‘ new policy for using Twitter and other social media and reports on what it allows, and doesn’t allow.
Behling writes, “Bloomberg’s policy forbids journalists to use social networks to express political opinions, to advocate on behalf of a particular issue or agenda, or to use social media to express opinions related to their professional assignment or beat. It also asks editorial staff to apply the same standards of fairness and verification to Twitter.
“A few interesting tidbits from the rules that stood out as particular to Bloomberg’s digital strategy include: ‘We should not share work in progress or use social media as a vehicle for breaking news’ (Bloomberg offers a subscription service, so presumably wouldn’t want to break news on a free service). The rules also prohibit reporters from engaging ‘in arguments with those critical of our work or critical of Bloomberg News.’
“They also encourage reporters to promote Bloomberg’s work above other outlets: ‘Social media is an excellent means of promoting our work. As such, there should be a preference for linking to Bloomberg.com stories. However, it’s good Web and social media etiquette to give credit in the form of a link to work that is interesting or valuable, regardless of the source.’”
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The weekly business newspapers published by Charlotte-based American City Business Journals have been rolled out applications for iPhone and Android users, with apps for Blackberries and iPads to follow.
A story on the Phoenix Business Journal site states, “The new smartphone application includes additional article category headers at the top of the home page, so readers can easily find the latest online daily news articles, as well as access the most-read and most-emailed articles.
“Across the bottom of the app, readers will find four main category headers, including news, industries (news items sorted by industry), premium content with articles from the weekly print edition for subscribers only, and events, with links to major Business Journal events.
“The Phoenix Business Journal is among several publications owned by Charlotte, N.C.-based American City Business Journals to launch new mobile applications over the past few weeks. ACBJ is rolling out an updated Blackberry and iPad app soon. A release date for Phoenix has not been set.”
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