Summit Notebook

What will the media company of the 21st Century look like?

November 27, 2009

In the run-up to the annual Reuters Media Summit, taking place in New York and London next week, we have been asking experts and executives how they think media companies should reinvent themselves for the 21st Century.

BrightSource CEO talks about building carbon-free future

September 9, 2009

John Woolard, the chief executive of solar thermal energy company BrightSource, sat down at Reuters’ Global Climate and Alternative Energy Summit in San Francisco to talk about energy efficiency, project financing and the future  of carbon-free power.

from MediaFile:

Tech execs, where would you put a million dollars?

May 22, 2009

Most top technology executives are used to juggling businesses worth hundred of millions of dollars, yen or euros. But this week at the Reuters Technology Summit, we asked: if we gave you $1 million to invest anywhere -- but not in your own company -- where would you spend it?

Say what? I could have had me a download on my old Nokia?

May 19, 2009
At least 100 million users of Nokia smartphones have been kept in the dark about opportunities to download software applications years before Apple launched its AppStore, says Lee Williams, Executive Director of the Symbian Foundation. ”It’s actually probably one of the biggest marketing mistakes… certainly in the mobile industry, for as long as I can remember,” Williams said at the Reuters Technology Summit.  “Somewhere between 100 and 125 million units have shipped with that capability. There’s been a download facility in 100-125 million phones,” he said.  And who’s ever spoken about it? Does anybody know it’s there?… Maybe 10 percent have ever even loaded a third-party application onto their product.” So is Apple getting credit for other people’s work? “Absolutely. I was laughing out loud when I saw the iPhone OS3 launch,” Williams said, adding that what was tagged as the world’s most advanced mobile OS (operating system) features, Symbian had had for 3-5 years.

Williams did credit Apple with one thing — a knack for design:  ”They pioneered new ground by taking this beautiful display size and doing a display-only product. That was pioneering”.  Symbian software is used in about two-thirds of all smartphones but of course not in the hugely popular Apple iPhone.

from MediaFile:

It’s not easy being Biz

May 18, 2009

In the adrenalin-fueled world of Internet start-ups, where "Biz" is usually followed by "Dev," where did Twitter co-founder Biz Stone get his nickname?

from MediaFile:

Counting Twitter users with Wolfram Alpha

May 18, 2009

Twitter co-founder Biz Stone told the Reuters Global Technology Summit on Monday that unless Twitter's growth rate slowed, by the end of the year its user base would exceed the population of Planet Earth.

No gadgets please, we’re tech executives!

May 18, 2009

Tech managers are not just savvy about new technology but also own the coolest, most cutting edge gadgets, right? Think again, some of them have no use for gadgets at all, finding pleasure instead in century old paintings and (gasp) pen and paper.

from MediaFile:

$60 video games? Do the math, says Zelnick

December 5, 2008

How do entertainment retailers come up with the prices they charge? Why is a movie theater ticket $10, a music CD $15, a rental DVD $3-$5 and a top video game $60?

from MediaFile:

Cautious splurge: the art of luxury advertising

December 5, 2008

Advertising at the highest end of the luxury market may be the last to get hit in an economic slump, but it's still going to get scathed before the ad market turns around, Nick Brien, who heads up Interpublic Group's Mediabrands, a holding company for media buying and planning agencies,  told the Reuters Media Summit in New York.

from MediaFile:

Home is where the growth is: WSJ’s Thomson

December 4, 2008

Global strategy aside, Dow Jones Editor-in-Chief Robert Thomson sees a growth opportunity right here on his home turf. With regional U.S. papers laying off staff and scaling back business coverage, Thomson sees a "real opportunity for another paper to come in."