With Y Connect, users could register with and log into media sites simply by clicking on a Yahoo button. Then, users’ activity on the media site can easily be shared with contacts on Yahoo. Content on non-Yahoo sites would be shared via Yahoo Pulse, a hub connected to Yahoo Mail accounts.
According to WSJ.com, the service could also then be used by companies to “better understand the interests of users and figure out which online ads are more likely to be effective”.
There doesn’t seem to be any official word yet from Yahoo on these reports, but the WSJ report says it expects a formal announcement later this year.
According to the figures, the publication has recorded year-on-year growth across all platforms in the first quarter of the fiscal year 2011.
Print and online revenues for the publication are reportedly up by more than 17 per cent on the previous year’s figures for the same period, while total print advertising revenue increased by more than 21 per cent.
Print circulation revenue was also reportedly up more than 9 percent, or 13 per cent when including digital.
But while in his memo Hinton makes a comparison to competitor the New York Times Company’s release of revenue statistics last week, paidContent clarifies the potential differences of each in its own report on the figures.
Hinton specifically refers to the New York Times Company’s own figures “as a basis of comparison.” He pointed out that the NYTCo forecast last week that online ad sales would be up 14 percent for the quarter, while print ad revenue would be down five percent. It’s worth noting, however, that those figures include the NYTCo as a whole, while the figures Hinton cites for his company seem to refer only to the performance of the Wall Street Journal.
The Wall Street Journal is ready to start charging for mobile access on the Blackberry and iPhone and the video site Hulu can be expected to introduce some kind of payment model, News Corp CEO and chairman Rupert Murdoch told delegates at the the Goldman Sachs Communacopia XVIII Conference.
“The key ‘whistleblower’ in the Bernard Madoff fraud case, Harry Markopolos, testified today [Feb 4 2009] before Congress, alleging among other things that he approached the Wall Street Journal on the story more than three years ago, and the newspaper ultimately did nothing,” Editor&Publisher reports.