Showing posts with label Los Angeles. Show all posts
Showing posts with label Los Angeles. Show all posts

Saturday, September 12, 2009

Will Twitter permit ads on website?

Twitter, the fastgrowing microblogging site now seeking ways to make money, expanded its terms for users to allow advertisers to reach the site’s more than 45 million monthly visitors.

Twitter, that lets people send an unlimited number of 140-character messages, is just now beginning to ramp up efforts to monetize, or gain revenue from, its popular site.

On Thursday, it revised its “terms of service” to specify that it may run ads. “We leave the door open for advertising. We’d like to keep our options open, as we’ve said before,” founder Biz Stone wrote on Twitter's official blog.

Advertising revenue is the time-honored way for websites to generate revenue while remaining free for users. Explosive growth in social networking is attracting interest: worldwide unique visitors to Twitter’s site reached 44.5 million in June, up 15-fold year-over-year.

Agencies

Wednesday, July 8, 2009

Moon crater named after pop king -- MJ

Late King of Pop Michael Jackson, whose moonwalk was a dancing phenomenon in itself, has got the ultimate tribute, for a crater on the Moon has now been named after him.

In what could be called as a heavenly tribute, the Lunar Republic Society has said that the Moonwalker has made his mark on the moon.

The news came as the singer's family, friends, and fans celebrated his life at the Staples Center in Los Angeles on July 7, reports a newspaper.

The crater, previously named Posidonius J, is located in the Moon's Lake of Dreams, and is close to a 1,200-acre parcel purchased by Michael Jackson.

The 'Thriller' hit-maker passed away last month, after suffering a cardiac arrest at his Los Angeles home.

Agencies

Friday, June 12, 2009

Two Web startups interest AOL

Internet pioneer AOL, which Time Warner plans to spin off into an independent company later this year, announced on Thursday that it had bought two small Web startups focused on local content.

AOL, in a statement, said it had purchased Patch Media Corp., a local news and information platform for local communities, and Going Inc., a platform for sharing information about events in major cities.

Financial terms of the deals were not disclosed.

"Local remains one of the most disaggregated experiences on the Web today -- there's a lot of information out there but simply no way for consumers to find it quickly and easily," said Tim Armstrong, who was hired away from Google this year to become AOL chairman and chief executive.

"It's a space that's prime for innovation and an area where AOL has a significant audience and a valuable mapping service in MapQuest," he said.

"Going forward, local will be a core area of focus and investment for AOL," Armstrong said. "The acquisitions of Patch and Going will help us build out our local network further."

Patch.com is currently available in five local communities in the United States and expects to be available in a dozen by the end of the year.

Going.com provides information for young people about what is going on in major US cities such as New York, Los Angeles, Chicago, Miami and Boston.

"By joining with AOL, we have the opportunity to greatly expand the reach of our platform to more cities both in the US and around the world," said Going chief executive Evan Schumacher.

AOL is currently the number four gateway to the Web after Google, Microsoft sites and Yahoo! and has been trying to refashion itself recently as a popular one-stop portal.

Agencies

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