Tag Archives: Business

Twitter service soars to new heights in Japan

Last week’s launch of Twitter in Japan is showing early signs of success, reports ReadWriteWeb.

The new version was born when it was noticed that a significant percentage of Twitter usage was originating from Japan, despite the service being in English.

Now the dedicated Japanese version has been launched many sites are predicting an explosion of Twitter in the country.

Twitterlocal shows that Tokyo already has the highest usage of any city – almost three-times higher than second place location San Francisco.

Google Trends supports Twitterlocal statistics, as its stats show: Japan as the region with the highest overall usage, Japanese cities make up the top three globally and the Japanese language is the most prevalent across the service.

An interesting difference in the new version was the inclusion of ‘some commercial experimentation’ by Twitter. The Japanese service carries advertising media from two clients. The move has been interpreted by many of a sign of things to come for the rest of the service.

Portfolio: Bloomberg buying NYT? Don’t hold your breath

Speculation about Bloomberg placing a bid for the New York Times has been rife for some time, but don’t believe the hype says Portfolio.

It quotes Bloomberg dismissing the speculation himself during a press conference yesterday in New York.

“I am not a newspaper person,” Portfolio reported him saying.

“I know nothing about the production of a newspaper. I know something about reading it. Sometimes I like it. Sometimes I don’t. I buy it everyday retail. But I am not going into the newspaper business.”

Paid Content: Ning raises 60m dollars – worth 500m

Social network in a box, Ning, has raised 60m dollars in a fourth round of venture capital money from ‘unspecified institutional investors’ taking valuation of the company to 500m, according to Paid Content.

The company raised raised 44m last summer, which then valued the company at $170 million – says PC.

CNET launches industries site BNET

No, it’s not a typo – CNET has moved up the alphabet to introduce BNET, a new website featuring original and syndicated news, analysis and blogs on industry sectors including health care, energy and financial services.

BNET Australia and BNET UK have also been rolled out, Reuters reports.

“You look at a lot of the content that’s available, it still predominantly lives in trade journal articles. And then there’s a lot of content that’s sort of housed behind subscription firewalls. And so, consequently, it’s very fragmented,” Greg Mason, CNET’s senior vice president of the business media group, says in the Reuters report.

“There are good online newsletters that cover specific industries, but they’re sort of hit-or-miss.”

Will the new site be friend or foe to B2B publishers?

End of the road for Charterhouse Communications

Financial publishing company Charterhouse Communications went into administration last week reports thisismoney.co.uk.

The publisher of the What Mortgage and Home Buying magazine and web titles suspended share trading in February and the last news headline on the What Mortgage site dates April 3.

KPMG has been appointed as administrator of the company.

According to thisismoney.co.uk, the group is the latest publisher to suffer from the squeeze in the mortgage market following the closure of Niche News and Publishing in March.

Fortune: How Apple plans to sell 45 million iPhones in 2009

Piper Jaffray analyst Gene Munster has released a detailed report about how he sees Apple quadrupling its 2008 sales and hitting the 45m figure he had previously predicted.

These are the key elements:

– Introducing a 3G iPhone within the next 3 to 6 months
– Offering a family of 2 to 3 iPhones – including lower-priced models selling for $200 to $300 – by Jan 2009 at the latest
– Entering new countries, effectively doubling the addressable market every year for the next two years
– Adding new features, such as games and remote purchases starting in June.

Thisismoney.co.uk claims record readership

image of this is money website


Associated Newspaper’s financial news website This is Money is claiming to have hit a record readership last month.

Quoting internal traffic data, staff claim that nearly 1.2 million people used the site in March 2008, clicking on more than nine million pages.

Staff said the unique user figure (1,166,561) represents a 30 per cent year-on-year traffic rise and a month-on-month increase of nearly 20 per cent – with February see 978,000 visitors.

Andrew Oxlade, editor, told Journalism.co.uk: “The March to April period is crucial to financial websites as millions of savers make decisions about Isas before the end of the annual deadline on 5 April.

“We’re also seeing a surge of interest from people concerned about the health of banks and the safety of their savings. Vivasex.ch Borrowers are also worried about their ability to find a new mortgage deal and are hunting around for views on whether the value of their home will fall this year.”

Innovations in Journalism – Reporterist, the ‘next generation wire service’

We give developers the opportunity to tell us journalists why we should sit up and pay attention to the sites and devices they are working on. Today it’s ‘next generation wire services’ for independent journalists from Reporterist.

image of reporterist website

1) Who are you and what’s it all about?
Hi, I’m Hemant Bhanoo. Reporterist is about bringing together journalists on a common platform where reporters can sell their pieces and editors can source reliable, quality work.

There is enough demand for original news content around the world that we believe this will grow into a next generation wire service for independent reporters.

2) Why would this be useful to a journalist?
As a starting point, journalists can put up their work on our public portfolio. Right now we enable you to set up rules like “send my story (or story idea) to Editor A. If they don’t bite within 3 days, send it on to Editor B”.

You can specify different prices for each editor, and see if/when they have looked at your work.

3) Is this it, or is there more to come?
This is definitely not it. There’s a lot more to come, and it’ll hopefully evolve a lot faster as we bring on engineers to help us accelerate development.

A preview of some our features:

  • Full multimedia support (right now we’ve rolled out photo support to a few test users)
  • Directory to help journalists find publications that they may want to pitch to
  • A way for editors to put up specific events or story angles that they need to be covered (and for reporters to go cover them).

4) Why are you doing this?
I’m a big fan of public radio, and have been really moved by investigative/enterprise stories that I’ve heard. It scares me that there are fewer ways to earn a living actually doing investigative or enterprise reporting. Given today’s political climate, we need more people going out of their way to hunt down stories and bring them to the world.

When I found out how many good stories don’t actually see the light of day because journalists can’t find the right outlet or because they go stale while waiting for editors to take a look at them, I was taken aback.

I hope Reporterist will enable some of those important, untold stories to reach people.

5) What does it cost to use it?
We will take a percentage (10 per cent) of the transaction, though it’s free right now. There’s currently no listing fee – but we’ll charge one for large media (audio, video, pictures) once we fully roll out multimedia support.

6) How will you make it pay?
We can build a sustainable business from the transaction and listing fees. However, we plan to expand our offerings in various directions. We will also be building premium portfolios for journalists, and tools for news publishers that we will charge for.

Our core focus has been, and will be, on helping reward quality journalism.

Newbury News launches local business news website

image of newbury business today website

The Newbury Weekly News has launched a local business news website.

Newburybusinesstoday.co.uk – the new sister site to newburytoday.co.uk – will focus on local business news and interviews with key business personalities.

The site will run in partnership with a print edition business title – also called Newbury Business Today.

This latest move follows a spate of business news website launches. Northcliffe Media recently launched the first of of several regional business sites with WestBusiness.co.uk. Launches in the East Midlands and South West are expected in the coming months.

Last month, The Liverpool Daily Post similarly launched a business site and magazine.

JEEcamp: online revenue models – the Waghorn way

Rick Waghorn, founder of myfootballwriter.com and keynote speaker at today’s JEEcamp conference, has said his Norwich FC site attracted 33,000 unique visitors in January.

However, Waghorn said the more interesting figures are 436 – the average number of seconds spent on the site by a user, and 3.5 – the average number of visits a month.

Discussing the local contextual advertising system Addiply which he has developed, Waghorn said local newspapers should now be viewing their journalists’ contact books as list of potential advertisers.

According to Waghorn it’s about creating a ‘melting pot’ of revenue from Google, local advertisers, subscribers and content syndication.

Relying on one revenue stream isn’t enough: 400,000 pages impressions over three months to MFW generated a paltry $180. Google is not the piece of advertising kit needed by local sites, Waghorn said.

News sites should aim to gear their content and advertising so it can be adapted and pushed through local, national and global channels, Waghorn advised. As an example, the site has this week signed an ad deal with the British Army, who were keen to tap into the football fan demographic.