Nieman Foundation at Harvard
HOME
          
LATEST STORY
The California Google deal could leave out news startups and the smallest publishers
ABOUT                    SUBSCRIBE
April 4, 2013, 2:09 p.m.
LINK: mashable.com  ➚   |   Posted by: Joshua Benton   |   April 4, 2013

If the value of Twitter as a breaking news medium was still in question to anyone, Bloomberg’s decision to integrate tweets into their big-money terminals would seem to answer it. Lauren Indvik at Mashable:

The move marks the growing importance of Twitter as a distribution platform for breaking, market-moving news. As Jean-Paul Zammitt, head of sales and product development for Bloomberg Professional, explains in a statement, “When important news is shared on Twitter, traders and investors need to be able to access it, and validate its importance in order to incorporate that information into their decision-making process.” Now, they’ll be able to do so without having to pull up Tweetdeck.

Show tags
 
Join the 60,000 who get the freshest future-of-journalism news in our daily email.
The California Google deal could leave out news startups and the smallest publishers
“We don’t know whether or how this nonprofit and its fund will operate, and likely won’t for some months (nonprofit governance is many things, but fast is not one of them).”
With an expansion on the way, Ken Doctor’s Lookout thinks it has some answers to the local news crisis
After finding success — and a Pulitzer Prize — in Santa Cruz, Lookout aims to replicate its model in Oregon. “All of these playbooks are at least partially written. You sometimes hear people say, ‘Nobody’s figured it out yet.’ But this is all about execution.”
Big tech is painting itself as journalism’s savior. We should tread carefully.
“We set out to explore how big tech’s ‘philanthrocapitalism’ could be reshaping the news industry, focusing on countries in the Global South…Our findings suggest an emerging web of dependency between cash-strapped newsrooms and Silicon Valley’s deep pockets.”