NoitWorld.com has been open for just over a month now, and claims to offer a “cooler” and more “consumer friendly online marketplace” than the likes of eBay, with a major selling point being that it’s designed to integrate with popular social media services.
Cofounder Todd Foret (a US Army veteran, hence the site’s name â€” “noit” means cool or hip in US Military speak) says that because many Internet users spend so long on social media sites, it makes sense to provide tools for buyers and sellers to easily share stuff that way.
So, cool merchandise can be propagated across the likes of Facebook, Twitter and MySpace. More →
Amanda Palmer, from the Dresden Dolls and solo artist in conflict with her label, earned $19,000 in 10 hours via Twitter (Warning: Offensive language). Amanda Palmer is a self-promoter and has managed to create a genuine brand as a solo artist. She has 34.000 followers on Twitter and is one of the more active music artists on the network. Around a month ago she spend several hours on Twitter, both with friends and fans, and earned as a result more than $19.000 in less than a day. How did she manage this? More →
For a full index of all the posts related to nextMEDIA, check out BrandingDavid.com where I will be updating everyone on various session
Dominique-Sebastien Forest, Raja Khanna, and Barbara Williams were the main panelists of this session with Robert Montgomery as the moderator. Brad Murphy, VP Sales at Revision 3 was also supposed to attend, but he had the flu and didn’t want to travel. To me, that was a sad change, since I was hoping to meet him, but understandable as they slowly reduce their costs for running their business, despite announcing great numbers for their potential income.
Robert Montgomery took a fair bit of time to explain the broadcast business online, and what it meant to video productions, and valuations on investments.
“The web of 2002 was the web of destination… now the model has emerged to be more content focused” – Dominique-Sebastien Forest.
The Receivables Exchange, the worldâ€™s first online marketplace for real-time trading of accounts receivable, has launched its proprietary patent-pending trading platform to conduct live trading of accounts receivable. At The Receivables Exchange, U.S. businesses (Sellers) are able to increase their cash flow and free up their working capital by having their outstanding receivables bid on in real-time by a global network of institutional investors (Buyers).
The Receivables Exchange is changing the landscape of business financing by providing a new dimension in working capital management. The Exchange connects millions of small and mid-sized businesses (Sellers) in search of capital to a global network of institutional investors (Buyers) looking to broaden and diversify their portfolio. Buyers get direct access to an $18 trillion new investable asset; Sellers are introduced to a new source of liquidity by having their receivables competitively bid on in real-time by multiple Buyers.
â€œThe Receivables Exchange was founded on the fundamental belief that Americaâ€™s small and mid-sized businesses should have better access to working capital,â€ said Justin Brownhill, co-founder and chief executive officer of The Receivables Exchange. â€œIn todayâ€™s credit crisis, weâ€™re hearing from CEOs and CFOs across the country that the need has never been greater for them to identify alternative funding sources to reinvest into their businesses in order to maintain their success.â€
Circuit City is not yet done with its announcements. Last week, the 59-year old store said that it is closing 155 of its stores in order to remain profitable. Today, the company said that it is also filing for Chapter 11 bankruptcy protection. Best Buy and Walmart is expected to benefit from this.
Circuit City Stores Inc. is closing 20 percent or 155 of its stores in the U.S. by December 31 to ensure profitability. The closure would leave 17 percent of its workforce without job by the end of the year. With the economy expected to remain dull, Circuit City said that the company will reduce store launches and will renegotiate leases and terminate agreements if needed.
Forbes.com has launched Intelligent Investing, a new section of the site that provides groundbreaking analysis and insight about the current economic and business climate.
â€œIntelligent Investing uses the power of the Web to engage our audience with the savviest minds in business on topics that resonate from Wall Street to Main Street,â€ said Forbes Chairman, CEO and Editor-In-Chief Steve Forbes. â€œNowhere else will you find such ready wisdom â€“ distilled into an easily-accessed, multimedia package â€“ than on Forbes.com, the worldâ€™s leading business journalism site.â€œ
Each week Steve Forbes will host a thoughtful, long-form interview with influential and insightful guests that will include the best market strategists, forecasters and money managers from Wall Street and beyond.
The video interviews are searchable via a scrolling transcript of each discussion. Visitors also have access to a detailed â€œBriefing Bookâ€ that Forbes journalists put together about every guest. The online, downloadable book also contains the text of Steveâ€™s provocative introductory monologue to each program.
Washington Post’s online publishing subsidiary The Slate Group has launched The Big Money, a business site that provides intelligent and informative commentary and analysis that is both relevant to a userâ€™s every day life and sophisticated enough for a veteran in the financial community. The Big Money will cover the intersection of business and a variety of areas including technology, green initiatives, media, fashion and food.
Former Deputy Managing Editor of CNN Money James Ledbetter Jr. will be Editor of The Big Money. Elinor Shields, former Managing Editor of The Huffington Post, joins the site as Deputy Editor. Both Ledbetter and Shields have assembled a group of leading writers to contribute regularly to the site including Slate columnists Daniel Gross and Tim Hartford; economists James K. Galbraith and Jeffrey Sachs; and authors Eric Pooley, Alissa Quart, and Liza Featherstone. The Big Money will enable comments throughout the site, allowing users to have an open dialogue with writers.
The Big Money hopes to bring clarity to the complexities of business and finance by providing useful tools and context from the everyday to the obscure. The Big Money will widgetize many of its features and embrace other forms of social media.
Other content on the site includes video produced by Slate V, a daily calendar of business events and a morning roundup of financial headlines from other media. Among the blogs on the site include one that focuses on Google news and another that tackles the complications within the food industry.
TechCrunch reports that Moo, a printing company that manufactures ‘mini cards’ (small business cards), is now going full size.
As someone who has been on the Moo bandwagon for quite some time, I can tell you firsthand that the quality of the product they produce is top notch. What sets them apart is that you can feature a different image on EVERY business card. That means you can order 100 cards, will 100 different images.
Their latest move, Moo has teamed up with LinkedIn to print full-sized â€œgreenâ€ business cards.
Now that I’ve gone with the mini-cards, I can never see going back to old school cards. Seriously. Every time I hand out a card they always get a reaction. Not only for the cool prints but the size as well.
You can turn your gallery into cards with Facebook, Flickr, Bebo and LiveJournal – or simply upload your own.
Time Warner Inc. and Time Warner Cable Inc. announced that their respective boards of directors have approved an agreement that will result in the complete legal and structural separation of the two companies.
The transaction will include the following steps:
â€¢ Time Warner exchanges its 12.4% interest in TW NY Cable Holding Inc., a subsidiary of Time Warner Cable, for 80 million newly issued shares of Time Warner Cableâ€™s Class A common stock â€“ increasing Time Warnerâ€™s ownership stake in Time Warner Cableâ€™s common stock from 84% to 85.2%;
â€¢ Time Warner Cable declares a one-time dividend to all of its stockholders of $10.27 per Time Warner Cable common share â€“ a total of approximately $10.9 billion â€“ payable immediately prior to completion of the separation;
â€¢ Time Warner receives $9.25 billion from this dividend;
â€¢ Time Warner converts its Time Warner Cable Class B common shares (each Class B common share has the voting power equivalent to 10 Class A common shares) into Time Warner Cable common shares on a one-for-one basis in a recapitalization that results in Time Warner Cable having one class of common stock; and
â€¢ Time Warner distributes its entire ownership stake in Time Warner Cable to Time Warner stockholders in a tax-efficient manner. The exact form of the distribution will be determined shortly before the closing of the transaction, based on market conditions.
Time Warner Cable expects to fund the one-time dividend through its existing revolving credit facility and $9 billion from a new, committed two-year bridge term financing from a syndicate of banks. In addition, Time Warner has agreed to provide a commitment for a supplemental two-year term loan of up to $3.5 billion to enable Time Warner Cable to repay the bridge financing at its maturity, in the unlikely event Time Warner Cable has not replaced the bridge financing with long-term financing. At the completion of the transaction, Time Warner and Time Warner Cable both expect to have solid investment-grade credit ratings.