Wall Street Journal Managing Editor Robert Thomson spoke about a print advertising resurgence in a speech at the Reuters Media Summit in New York. He thinks advertisers are moving back to print because of his belief that print has a more attentive readership than Internet news readers. From Reuters ...
One of the most interesting Internet phenomenons of late is Twitter. It has become a mainstream brand with Internet junkies, especially marketers and web entrepreneurs. Yet, in kind of a throw-back to old school Internet thought, Twitter has zero ads.
If the Internet consisted of real brick and mortar buildings there would be a construction boom going on right now like the world has never seen. The Internet is not in a recession or on the road to a depression, rather it is experiencing an economic and social explosion of activity.
It feels like 2000 all over again with daily reports of layoffs and firings from Internet and tech companies. Fourtunately, these belt tightening measures this time seem to be aimed at preventing financial disaster rather than a precurser to massive business closures.Here are today's reports from around the web:- Tucows cuts employees by roughly 15%. (MORE)
The Internet forever has changed national politics, and this election year has made the point crystal clear. Below are eight game changers that have made the Internet more important since the last election.Game Changer #1:
Jupitermedia Corporation has announced that its President and Chief Operating Officer, Chris Cardell, has resigned.
An Obama video where the Senator talks about his desire to use government to "redistribute the wealth" has rocketed to the top of YouTube with over 1 million views since yesterday. It was linked to by The Drudge Report early this morning.
Jupitermedia has great assets, a long history and is still run by the founder, Alan Meckler, who built the company from the ground up. As of this writing JUPM is at 45 cents a share, which values the company at only $16.25 million. It appears that there is no rational reason to explain this low valuation except that there are apparently very few investors interested in the stock.
Giga Omni Media has raised another $4.5 million to help it continue expanding. This is quite the contrast to Gawker Media CEO Nick Denton's announcement of cutbacks due to economic "doom" planned for January.Om Malik has now raised $5.8 million since his firms inception. The latest funding round was led by Alloy Ventures, an early-stage venture capital firm.
I'm going to be blunt here. The press coverage of the Gawker layoff memo is facinating in that they believe everything they are told and then proudly write about it! Isn't it a bit curious that Nick is predicting doom and gloom while his sales are way up from last year and then encourages his writers to write articles on this news?
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