Jennifer's Feed
Oct 14, 2013

Demand Media co-founder, chairman, CEO Rosenblatt exits

By Jennifer Saba

(Reuters) – Demand Media Inc Chairman and CEO Richard Rosenblatt is leaving the online content company he co-founded, its board announced on Monday.

The directors named Shawn Colo, who is also a co-founder, as the company’s interim president and chief executive. James Quandt, a board member, was named chairman.

Oct 14, 2013

Yahoo CEO Mayer has advertisers’ attention, but can she get their dollars?

NEW YORK/SAN FRANCISCO (Reuters) – Three weeks ago, Yahoo Inc Chief Executive Marissa Mayer strode into a Manhattan hotel and was greeted like a rock star by hundreds of advertising executives who snapped pictures as she sat down for an interview with journalist Charlie Rose.

That same audience a year ago would have been grousing that Mayer had not done enough to engage Madison Avenue, which is arguably Yahoo’s most important constituent since the Internet company derives more than 75 percent of its revenue from ad sales.

Oct 9, 2013

Comcast rolls out remote control accessed through Twitter

Oct 9 (Reuters) – Comcast Corp announced on
Wednesday that it developed a new remote control feature in
partnership with Twitter that allows users to turn the channel
through a tweet.

The “See It” button enables viewers to tune in to a live or
On Demand show like Sunday Night Football or “The Voice” through
their set-top box or mobile device. In addition, the button will
let users program digital video recorders or to buy movie
tickets through Fandango.

Oct 7, 2013

Eight banks join Markit and Thomson Reuters chat network

By Jennifer Saba

(Reuters) – Goldman Sachs Group Inc, JPMorgan Chase & Co and six other banks have agreed to join a new instant messaging network from Markit and Thomson Reuters Corp to connect disparate messaging systems.

The network, called Markit Collaboration Services, was launched on Monday and allows members to chat with one another regardless of the proprietary messaging technology that each firm uses.

Oct 6, 2013

Eight banks join chat network from Markit and Thomson Reuters

Oct 7 (Reuters) – Goldman Sachs Group Inc, JPMorgan
Chase & Co and six other banks have agreed to join a new
instant messaging network from Markit and Thomson Reuters Corp
to connect disparate messaging systems.

The network, called Markit Collaboration Services, will be
launched on Monday and allows members to chat with one another
regardless of the proprietary messaging technology that each
firm uses.

Oct 3, 2013

Decor magazine Domino revived as quarterly, online retailer

NEW YORK (Reuters) – Domino, a magazine focused on do-it-yourself home decor until sparse advertising forced its closure during the financial crisis, is re-launching on Thursday as an e-commerce site and quarterly publication.

The revival marks the latest effort by publishers casting about for new forms of revenue as ad sales decline. The magazine industry eked out a gain of less than 1 percent in advertising revenue for the first half of the year, according to Publishers Information Bureau.

Sep 25, 2013

Twitter to broadcast NFL video clips as part of new ad program

By Gerry Shih and Jennifer Saba

(Reuters) – Twitter said on Wednesday it would carry instant-replay footage from National Football League games as part of a new advertising partnership that could boost the social media company’s revenue before its highly anticipated initial public offering.

The agreement marks Twitter’s biggest sports-related commitment to date for its Amplify service. Amplify was formally unveiled last May as a way for Twitter, broadcasters and advertisers to capitalize on peoples’ use of social media while they watch TV – a phenomenon called “second screen” viewing.

Sep 23, 2013

Apple polishes forecast after selling 9 mln new iPhones

Sept 23 (Reuters) – Apple Inc sold 9 million new
iPhones during their first three days in stores after China
joined the list of launch countries for the first time,
prompting the company to issue a rosier financial forecast.

Shares in the company closed up 5 percent at $490.64 on
Monday after the company said revenue in the fiscal fourth
quarter would gravitate towards the high end of its previous
forecast for $34 billion to $37 billion.

Sep 23, 2013

Apple sells nine million 5s, 5c iPhones in first three days

By Jennifer Saba

(Reuters) – Apple Inc said it sold 9 million iPhone 5s and iPhone 5c models in their first three days on the market, the most successful iPhone launch ever.

Apple shares rose more than 5 percent to $493.47 in early trading on Monday following the news.

Sep 23, 2013

Apple sells 9 mln 5s, 5c iPhones in first three days

Sept 23 (Reuters) – Apple Inc said it sold 9
million iPhone 5s and iPhone 5c models in their first three days
on the market, the most successful iPhone launch ever.

Apple shares rose more than 5 percent to $493.47 in early
trading on Monday following the news.