Remember when Friendster was the hot social network, publishers doubted that ebooks would ever sell, and Netflix thought DVDs in red envelopes was the future? We do — that was that state of digital media when paidContent launched in 2002. Read more »
Twitter CEO Dick Costolo says the company wants to become more of a media player, and also wants to become a Facebook-style platform inside which developers build applications — but can the company find a balance between competing with third-party providers and working alongside them? Read more at GigaOM »
Twitter is launching a partnership with NBC Universal to create a real-time news hub around the Olympic Games — the latest step in the company’s transformation into a media entity, a move that is a double-edged sword for other media outlets. Read more at GigaOM »
The debate continues over which model is better for social networks: free and ad-supported or paid for by users? Dalton Caldwell says the latter and is building a paid alternative to Twitter, but VC Fred Wilson argues that free is the only model that works. Read more at GigaOM »
As newspapers continue to lay off staff, one question is what will help to fill the gap that is left — where will that journalism come from? We’ve seen signs this week of one partial answer: amateur journalists making use of social media. Read more at GigaOM »
An insensitive tweet has trigged a rightful cascade of contempt that could stain a dress shop for years. At the same time, the fallout from the tweet shows how social media is changing the nature of crisis communications. Read more at GigaOM »
The way that communities like Reddit can come together to produce real-time reporting on incidents like the mass shooting in a Colorado movie theater shows how a new form of journalism — one that blends traditional reporting and crowdsourced reports — is starting to take shape. Read more at GigaOM »
Twitter announced today that it is filing an appeal in a case that is helping to define privacy rights in the social media era. Read more at GigaOM »
A simple news service like Evening Edition — which a group of web designers came up with as a side project — contains a number of lessons that mainstream media outlets might want to consider, such as serving readers’ information needs instead of their own. Read more at GigaOM »
Pocket, the web-content-saving company formerly known as Read It Later, has raised $5 million in a Series B funding round and will use the money to expand its platform. The company now has nearly six million users. Read more »
Trapit, an AI-based discovery engine for Web content from the group behind Siri, is releasing its iPad app Thursday after launching a Web version last November. Trapit wants to compete against news reading apps like Flipboard by offering better content. It’s planning publisher partnerships, too. Read more »
Comparing a traditional news story about a recent shooting with a news report from a Reddit user — who pulled together Twitter messages from the perpetrators and victims — provides a glimpse of what a real-time, crowdsourced newsroom of the future might look like. Read more at GigaOM »
It has become obvious by now that Twitter is building a digital-media business, powered by a rapidly-growing advertising platform. But trying to capture more of its users’ attention is going to bring it into conflict with the media companies who are providing all of its content. Read more at GigaOM »
Judy Blume’s Forever, which was originally published in 1975 and tells the story of two teenagers having sex for the first time, is also now an ebook for the first time. Simon & Schuster is running a social media campaign, “Do you remember your first time?” Read more »
Margaret Atwood may be a literary legend, but she isn’t resting on her laurels — instead, she is working with the online writing community at Wattpad to encourage new writers, and crowdfunding a new platform for artists called Fanado. Read more at GigaOM »
Major League Baseball is changing the rules for its contest to select the last two 2012 All-Stars, allowing tweets with official hashtags in the last four hours to equal browser or mobile votes. But can a tweet equal a site visit or SMS in value? Read more »
Beneath the furor over Twitter’s clampdown on its API is the same dilemma that many traditional media companies like the New York Times are also confronting — namely, how much should you be an open platform, and how much should you be a destination? Read more at GigaOM »
In a closely-watched case tied to last year’s Occupy Wall Street protests, a New York judge ruled that tweets are no different from words shouted in the street and ordered Twitter to turn over a user’s account to prosecutors. Read more at GigaOM »
@RupertMurdoch managed to stay quiet last week while Rupert Murdoch, the chairman and CEO of News Corp., was doing last-minute maneuvers behind the scenes, then publicly pitch the break up of his company. But his Twitter alter ego is back with a vengeance. Read more »
Twitter has made it clear it plans to crack down on third-party services by tightening the rules on use of the network, but this desire for control — and the drive to monetize its user base — could ruin what made Twitter special to begin with. Read more at GigaOM »
Starbucks CEO Howard Schultz likes his coffee black and his politics nonpartisan. Last year, in a move to break gridlock in Washington, he launched a campaign urging CEOs to boycott political donations. Now he’s leading “Indivisible,” an initiative focused on job creation. Read more »
A major error in CNN’s reporting of a landmark Supreme Court decision on Thursday has provided even more ammunition for the ongoing debate over whether it is better to be right rather than first, and whether the scoop as we know it is dead. Read more at GigaOM »
Although both Google and Facebook have so far had little success with mobile advertising, Twitter says that its mobile ads are seeing huge levels of engagement. Is there something about the real-time information network that could make it a superior medium for mobile ads? Read more at GigaOM »
Media advocates say Twitter should add a feature that allows users to correct an erroneous tweet by striking through a mistake after the fact, to prevent errors from being retweeted — but is such a thing really necessary, even if Twitter could implement it? Read more at GigaOM »
Twitter’s new feature, which shows enhanced content for certain media partners such as the New York Times, is another example of how the service can be both a partner and a competitor for media companies in the ongoing battle for users’ attention. Read more at GigaOM »
Twitter’s deal with SoundCloud to embed audio in tweets isn’t just a deal that gives the Berlin music startup a ton of exposure: it’s a signal that while Twitter may carry a threat for media companies, it could be a serious alternative to Facebook. Read more »
Twitter’s hiring of editorial staff to curate real-time information around news events through “hashtag pages” may not be a direct competitor for media companies, but the areas of overlap are growing — and so is its attractiveness to the advertisers that media entities desperately need. Read more at GigaOM »
In the latest example of the justice system’s ongoing discomfort with social media, a federal judge has refused a request by Chase Bank to use Facebook to serve legal papers on an identity thief. Read more »
The deal that Twitter announced on Thursday with NASCAR will see an editor employed by the network curating and highlighting tweets and other content, a deal that takes Twitter even further into the realm of being a media entity. Should traditional media players be concerned? Read more at GigaOM »
How have blogs and Twitter and other forms of social media changed the nature of the political process and the media reporting of that process? At paidContent 2012, I talked with Josh Marshall of Talking Points Memo and Vivian Schiller of NBC News about that question. Read more »
Social reading and discoverability are not the same thing, but they have something in common: They’re the things everyone is talking about at BookExpo America this week but nobody has solved. Read more »
Ray Bradbury’s landmark novel Fahrenheit 451 is usually seen as a protest against government censorship, but the author said it was about how television and other media were making people less interested in ideas. What would Bradbury think of the world we live in now? Read more at GigaOM »
According to new research by Twitter’s data science team, Twitter search is used often as a tool for finding breaking news in real time, which makes it difficult for Twitter to assign relevance to any given tweet or topic in the long run. Read more »
In an interview at paidContent 2012 in New York, venture capitalist Fred Wilson of Union Square Ventures said he has stayed away from media investments, and believes that the future for content providers lies in connecting directly with consumers through platforms like Kickstarter. Read more at GigaOM »
Many media outlets still think of the story or the article as the atomic unit of journalism — but with so many competing sources of information and the real-time nature of the social web, is that still the case? And if not, what replaces it? Read more at GigaOM »
A Cornell professor argues that while Twitter’s “trending topics” algorithm may not be deliberately censoring topics, it is still distorting our view of the world, in the same way that other personalization tools do. But whose fault is that, and what should we do about it? Read more at GigaOM »
Kickstarter is not just a startup– it’s part of an important shift away from the industrial manufacturing era & toward the maker economy. In this wide-ranging interview, founder Perry Chen talks about how society is reaching a new ‘bursting point of creativity,’ & where Kickstarter goes from here. Read more at GigaOM »
As part of paidContent 2012: At The Crossroads on May 23 in New York, I’ll be talking with venture capitalist Fred Wilson about the future of media and with Josh Marshall of Talking Points Memo and Vivian Schiller of NBC News about real-time politics. Read more at GigaOM »
With the rise of social platforms and emergence of new mobile and connected devices, we have entered the post-search world and companies are finding ways to organize information around “knowledge” and “interests.” Today, Twitter is introducing a way to follow others based on interests. Read more »
Now that Pinterest has a big new investor and a $1.5 billion valuation, it needs to keep users engaged. One good way to do that is through e-mail. Read more »
