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AP Goes With Twitter

January 14, 2013 by  
Filed under Around The Net

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The Associated Press began using its official Twitter account as an advertising platform on Monday, as the news organization looks for new ways to generate revenue.

Samsung Electronics Co Ltd was the first sponsor on the @ap account for breaking news, which is followed by 1.5 million Twitter users. The South Korean electronics maker’s initial “SPONSORED TWEET” promoted its events at the 2013 Consumer Electronics Show in Las Vegas this week.

AP did not disclose financial details of the arrangement.

Twitter, which sells ads directly to make money from the social media’s monthly base of 200 million users, will not receive any proceeds from the AP-Samsung deal.

The AP called the initiative part of a new business strategy and stressed that sponsored tweets will clearly be labeled to differentiate them from news tweets.

The ads provide AP a new income source as news organizations from newspapers to television face severe revenue declines in the face of high production costs.

While the AP was founded in 1846 by U.S. newspapers as a breaking news conduit, only 22 percent of its revenue comes from member fees. Photo licensing, advertising on its news application AP Mobile and YouTube channel are other revenue streams.

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Microsoft Eyeing More Software For The iPad

February 2, 2011 by  
Filed under Around The Net

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The current rumor on the street is that Microsoft might be looking beyond the recently released OneNote for iPad. Insiders are saying Microsoft is closely monitoring the number of downloads of OneNote for iPad/iPhone/iPod Touch to perhaps gauge the possible interest in adding more productivity software for Apple iOS suite of products. Read More…..