News Item

The New York Times will be selling its About Group for $300 million, according to paidContent. Barry Diller's IAC/Interactive swooped in and added $30 million to the $270 million that Answers.com was reportedly willing to pay for the property.
Posted Sep 04, 2012
Independent bookstores have long relied on Google to enable ebook sales at mom-and-pop shops, but that's all changing now. Kobo, a Canadian company, has struck a deal with the American Booksellers Association, according to Digital Book World, to sell its e-readers and ebooks through the websites of independent booksellers.
Posted Aug 29, 2012
Ebooks have long been accused of cannibalizing publishers' other sales. While those ebooks have started flying off the shelves (or over the internet) those same publishers have struggled to figure out how to make the new-fangled digital books profitable. Now HarperCollins UK's CEO Victoria Barnsley says that, within the next 18 months, half her company's fiction sales will come from ebooks.
Posted Aug 29, 2012
InfoDesk announced the launch of InfoMonitor, a new once-daily competitive intelligence, news and media monitoring service. InfoMonitor brings an organization all the important news and information, from their preferred sources in one custom-edited, easily digestible daily email update.
Posted Aug 29, 2012
Springer is expanding its open access program by offering a fully open access option for books, which will extend Springer's established SpringerOpen and BioMed Central journal portfolio, and its Springer Open Choice option. Any electronic version of a SpringerOpen book is fully and immediately open access, and thus freely accessible on SpringerLink for anyone in the world with access to the internet.
Posted Aug 29, 2012
Amazon.com says its catalog of exclusive Kindle books have been purchased, downloaded, or borrowed from the Kindle Owners' Lending Library more than 100 million times. Nearly all of these exclusive books are available for Kindle owners with a Prime membership to borrow for free, as frequently as once a month, with no due dates.
Posted Aug 28, 2012
Apparently, Facebook is not totally welcome in Germany. The federation of German Consumer Organizations has sent Facebook a cease and desist letter that accuses the company of breaching German Privacy law. The consumer protection group has given Facebook until September 4 to stop automatically sharing user information with third party applications without explicit permission.
Posted Aug 28, 2012
Is there a better fit for digital media than the punk scene with its DIY ethic? Probably not. So BUZZMEDIA's acquisition of several punk rock publications which it will roll together to form AbsoluteVoices.Joining BUZZMEDIA's own AbsolutePunk is Under the Gun Review, Alter the Press, Property of Zack, and PunkNews, according to the Sacramento Bee.
Posted Aug 27, 2012
Twitter is all over the map lately. Changes to its API have spurred a series of controversial moves, including a split from Tumblr. But now the micro-blogging site is joining the Linux Foundation, and is expected to announce it next week.
Posted Aug 27, 2012
By now news about governments shutting down the internet or limiting access to social media to try and stave off political unrest are practically a dime a dozen. But the latest tale comes from India, and has some people wondering if the government has "lost its sense of humor."
Posted Aug 24, 2012
Ever since Twitter announced impending changes to it API, it seems to be getting crankier and crankier. Most recently, Tumblr announced that users can no longer search Twitter for friends who also use Tumblr.
Posted Aug 24, 2012
Every week, EContentmag.com highlights hot stories and links on digital content and digital media. Here are the latest links for the week of August 20, 2012, with stories on Random House, mobile entertainment revenues, and more.
Posted Aug 23, 2012
Kenshoo, a digital marketing software provider, released global growth metrics for Facebook advertising relative to paid search marketing during the first half (H1) of 2012.
Posted Aug 23, 2012
Last week it looked like Facebook might be able to settle a lawsuit regarding its "Sponsored Stories" which used users "likes" to match ads that would then appear in users' newsfeeds. Both sides agreed to a settlement but a judge rejected it on Friday, saying it did not explain well enough how the two sides came to the figures described in the settlement.Meanwhile, the FTC has finally given the OK to the social media giant's acquisition of Instagram.
Posted Aug 23, 2012
Apparently the number of copies sold is no longer a good enough indicator of bestsellers. With more inexpensive indie books hitting the ebook "shelves" and, eventually, the best seller lists, Digital Book World decided to take on the task of coming up with a more accurate picture of how the books are selling.
Posted Aug 22, 2012
Adblade, a premium-only ad network, announced the launch of a new program that allows small businesses to affordably target local customers by placing ads on top premium sites like NBC News, Fox News, and USA Today. Using Adblade's Small Business Marketing Platform, companies can target customers within its ZIP code.
Posted Aug 22, 2012
The Q1 earnings news was not bad for Barnes & Noble investors, though it wasn't great either. According to paidContent, B&N revenues were up to $1.45 billion, but Nook sales weren't as much help as the bookseller might have hoped: "Nook sales - which include devices, digital content and accessories - were $192 million for the quarter, compared to $191 million last year."
Posted Aug 21, 2012
The LA Times reported, Monday, on changes to LinkedIn profiles, and LinkedIn later confirmed the changes. LinkedIn told the Times in an email statement: "We are focused on making it easier for LinkedIn members to get more value out of the services we offer by creating simpler, more relevant, more social experiences...This new look and feel to the profile is the first step of many more exciting changes to come to the LinkedIn profile later this year."
Posted Aug 21, 2012
The Random House Group announced it has joined Public Library Online, launching with digital bookshelves from Jacqueline Wilson, Joanna Trollope, Katie Fforde, Lee Child, and PG Wodehouse. These titles will be available on the service from August 21 with further shelves to follow, including James Patterson.
Posted Aug 21, 2012
Last week the media began to anticipate the first flood of private Facebook shares onto the market as the first lock-up expired. Now, Peter Thiel, an early investor in the social media site, has sold 20.1 million shares, according to USA Today. Through his affiliates, Thiel offloaded the shares on Thursday and Friday, for a total of about $396 million.
Posted Aug 21, 2012
To help K-12 libraries acquire ebooks more strategically, ebrary, a ProQuest business, has added hundreds of ebooks across acquisition models. The database now includes a growing selection of more than 8,500 titles with unlimited, multi-user access and a wealth of information in professional development and training resources. Almost 4,500 titles in the database have relevance to state, national or provincial curriculum standards - with coverage of all common core subjects.
Posted Aug 20, 2012
Digital Technology International announced the launch of its new metered paywall, Digital Paymeter. DTI said that with Digital Paymeter, news media publishers will retain 100% of their paid content revenue without any requirements to share revenue or subscriber data. Digital Paymeter is cloud-based and customizable to a company's needs.
Posted Aug 20, 2012
Users looking to remove embarrassing or unwanted pictures from Facebook had more thana few complaints because if a picture was deleted from Facebook, it could still be seen by anyone with the original URL.
Posted Aug 20, 2012
Barnes & Noble announced it will be offering its popular e-reader, Nook, to customers in Britain. According to the New York Times, this move will put Nook in direct international competition with Amazon's Kindle, which has been available in Britain for a few years.
Posted Aug 20, 2012
The Department of Justice's ongoing lawsuit against Apple and a number of book publishers for allegedly conspiring to increase ebook prices is taking another tun. According to The Daily Examiner, Apple has filed to block the settlement the DOJ reached with HarperCollins, Simon & Schuster, and Hachette back in May.
Posted Aug 20, 2012
Optify, a provider of inbound marketing software for professional B2B marketers, announced the company's Inbound Marketing Software suite will have a Premium Edition. The company says this new edition is designed for power marketers who manage multiple sites or brands, or want unlimited access to Optify's visitor and lead intelligence data.
Posted Aug 17, 2012
TTAGIT, an open-forum discussion social network and comment management system, is available in beta form for download and use. Users who download the social networking application can engage in conversations and participate in debates on sites and ports that do not allow live streaming.
Posted Aug 17, 2012
Despite the growth of digital magazine sales in the UK, overall magazine subscriptions continued to fall across the UK, according to paidContent. Statistics show that from the second half of 2011 to the first half of 2012, the digital magazine business has doubled in terms of average monthly circulation. But that percentage of subscribers only accounts for 0.73% of total subscribers.
Posted Aug 17, 2012
Twitter will be changing how its API is being used in the coming weeks and moving developers from the current version 1.0 to the new version 1.1. According to a company blog, three significant changes to the API will be required authentication on every API endpoint, a new per-endpoint rate-limiting methodology, and changes to the company's Developer Rules of the Road in regards to applications that are traditional Twitter clients.
Posted Aug 17, 2012
Amazon has unveiled a new extension for Chrome users called "Send to Kindle." With this button, users can send stories, blog posts, and other content to Kindle devices and apps. According to CNET, users will have the ability to read the content on one device and pick up where it was left off on another.
Posted Aug 16, 2012
Every week, EContentmag.com highlights hot stories and links on digital content and digital media. Here are the latest links for the week of August 13, 2012, with stories on EverFi funding, New Game Town, a new BiblioBoard app for the iPad, and more.
Posted Aug 16, 2012
Cloud computing company, Salesforce.com, announced the company will be expanding its lineup of social networking and collaboration services with a new service called Communities. The company says this new service will allow businesses to connect employees, customers, and partners in a single space. Salesforce has a networking program, Chatter, which connects businesses to employees but the company saw the need to expand that reach to include customers and other businesses to create a virtual enterprise.
Posted Aug 16, 2012
Provider of search engine and social optimization software company, SEOmoz (Moz), has acquired Followerwonk, a Twitter analytics company. Moz believes the company will be able to expand Followerwonk's capabilities, which currently include Twitter profile searches, user comparison, and analysis through visual graphs.
Posted Aug 16, 2012
The lock-up period for one group of private Facebook shares has expired, and the once private stock has been flooding the market, according to USA Today. In total, 271 millions shares will be unlocked this week, allowing early investors, employees, and the like to sell their stock.
Posted Aug 16, 2012
Foliomag.com has implemented a limited paid-access model for its content. The company wrote in an email to readers that it has decided to institute a paid-access plan to place a specific value on the site's content. Additionally, Folio believes this feature will help drive revenue, allowing it to produce more content.
Posted Aug 16, 2012
Social-bookmarking service, Pinterest, has released an app for the iPad and Android devices, according to CNN. Despite the site's popularity, Pinterest only had an app available for iPhone and with the growing number of Android users, the company felt it was time to release an app for that audience.
Posted Aug 15, 2012
Microsoft has stopped publishing new apps for Windows Phone on Marketplace, according to PC World. The issue stems from a problem with digital certificates which have prevented users of phones that upgraded to Windows Phone 7.5 from installing or updating certain apps.
Posted Aug 15, 2012
A new collaborative, online publishing tool, Medium, has been announced. The brainchild of Twitter co-founders Evan Williams and Biz Stone, Medium is designed to allow users to collaborate on works being published on the site, according to the company blog. After reading a work, users can indicate if they liked it, give feedback to the writer, and add to it. Once a work is posted, it will be organized into "collections", which are defined by a theme and a template.
Posted Aug 15, 2012
Academic publisher, John Wiley & Sons, announced revised licensing arrangements for journals published under the Wiley Open Access program. The journals will adopt the Creative Commons Attribution license which will allow for commercial use of published articles.
Posted Aug 14, 2012
The Federal Trade Commission claims that Facebook deceived developers over security ratings due to a lacking review and verification process, according to ZDNet. The investigation by the FTC found that Facebook did not take the proper steps to review applications the company was supposed to review which could have led to dangerous software getting promoted on Facebook.
Posted Aug 14, 2012
When Facebook went public this year, the company released a limited amount of shares for the general public to buy, as is common practice. The other shares were privately held by angel investors and venture-capital firms that invested in the company early on. According to the Wall Street Journal, a large number of those shares could be unlocking and flooding the market as soon as this week.
Posted Aug 14, 2012
Social media monitoring and analytics company, Visible Technologies, announced the company has given its Visible Intelligence platform a number of new capabilities. Among these capabilities include expanded multi-language functionality and additional dashboard views. This was done in order to meet the needs of companies around the world using the company's marketing, product management, and advertising platform.
Posted Aug 13, 2012
Calcey Technologies, the company behind social media monitoring tool Xaffo, announced two new updates for the program. The first update helps businesses obtain more brand-centric social media analytics allowing users to create brand names within Xaffo to manage web and social media properties under that brand.
Posted Aug 13, 2012
Ebook lending site, LendInk, was suspended after a series of cease and desist letters were sent to the website's host from a number of authors, according to Geekosystem. LendInk worked by matching up those who wish to borrow books with those looking to loan them. Once the two parties found each other, they were then directed to a digital book company's website, such as Amazon or Barnes and Noble, where the loan could be completed. LendInk is currently offline.
Posted Aug 13, 2012
There is growing speculation that Amazon is set to release the newest version of the company's popular e-reader, Kindle. According to the LA Times, the company listed a number of Kindle and Kindle-related products at deeply discounted prices on the Amazon website, such as the Kindle DX, which was listed at $110 off its regular price.
Posted Aug 13, 2012
WRAPmail, a provider of branded email delivery and marketing platform, announced it has partnered up with Market Leverage Digital Agency. WRAPmail will use Market Leverage to launch social media marketing campaigns in an effort to expand the company's business base to social sites. Market Leverage will be able to use the company's tracking ability to measure effectiveness of the marketing campaigns.
Posted Aug 13, 2012
The American Library Association (ALA) released a report which summarizes current business models for library ebook acquisition, according to Digital Book World. With this report, the ALA recommends new standards and structures to go along with ebook acquisitions and concludes that ebook publishing is growing and evolving at a very rapid pace, making it difficult for libraries to keep pace.
Posted Aug 13, 2012
The Huffington Post Media Group announced the launch of HuffPost Live, the site's live streaming network. Starting today, anyone with a smartphone, a tablet, or a webcam has the chance to join the conversation happening on HuffPost Live.Arianna Huffington, president and editor-in-chief of the Huffington Post Media Group said in a press release, "The news is no longer about a few people telling everyone else what happened - it's about everyone telling everyone what's happening right now. And now. And now... This shift from presentation to participation is what fuels HuffPost Live."
Posted Aug 13, 2012
Every week, EContentmag.com highlights hot stories and links on digital content and digital media. Here are the latest links for the week of August 6, 2012, with stories on covering the Olympics, Facebook photo sharing, a telling survey on Big Data, and more.
Posted Aug 09, 2012
Since Facebook became a publicly traded company, one big issue investors have had concerns about revolved around making money off the mobile version of the company's site. According to Computer World, Facebook will be testing a new ad system for the mobile site and requesting app developers to assist with the beta test.
Posted Aug 09, 2012
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