International round-up: Facebook in partnership with Storyful

Facebook in partnership with Storyful

Social networking powerhouse Facebook has partnered with Storyful to launch a new platform called FB Newswire, which is designed as a wire service that will aggregate newsworthy content shared on Facebook by individuals and organisations.

In a blog post to announce the new service, Facebook’s director of news and global media partnerships Andy Mitchell, wrote that FB Newswire is “a resource that will make it easier for journalists and newsrooms to find, share and embed newsworthy content from Facebook in the media they produce.”

FB Newswire is powered by Storyful, a social-media focused aggregator that was purchased for US$25 million by News Corp last December, and whose operational goal is to separate valuable content shared online from “social noise”, thereby finding and verifying useful online content for use by newsrooms, agencies and brands.

Facebook plans on using Storyful’s service to find valuable content publicly shared on Facebook, including original photos, videos and status updates from the “front lines of major events like protests, elections and sporting events”, and allow journalists to use that content in their reporting.

The Facebook page for the wire service currently has 60,000 likes (essentially free subscribers) and they are also operating a Twitter page, which currently has just over 15,000 followers.

New York Times launches The Upshot

The New York Times has launched a new data-focused, explanatory journalism site called The Upshot, which will rival recently launched explanatory journalism ventures by former Times writer Nate Silver and former The Washington Post blogger Ezra Klein.

The website, which is edited by former Times economics columnist and Washington bureau chief David Leonhardt, will still fall under The New York Times’ umbrella online and certain content will be syndicated in the printed edition of the newspaper.

Mr Leonhardt said in a recent interview with Harvard University’s Nieman Journalism Lab, that the website was conceptualised in the wake of Nate Silver’s departure and the relocation of his data-driven news venture, FiveThirtyEight, to ESPN.

In a post published on the website’s Facebook account the day before the launch, Mr Leonhardt wrote that one of the reasons the Times had decided to launch The Upshot is the new opportunities that have been created for journalists with the Internet and the spread of digital data.

“Data-based reporting used to be mostly a tool for investigative journalists who could spend months sorting through reams of statistics to emerge with an exclusive story,” he wrote.

“But the world now produces so much data, and personal computers can analyse it so quickly, that data-based reporting deserves to be a big part of the daily news cycle.”

Forbes launch Philippines edition

Forbes Media and Summit Media are set to launch new magazine Forbes Philippines in early 2015, with an initial monthly run of 10,000 copies.

The magazine will be a Philippines edition of the US bi-weekly business magazine Forbes, and will be published in English.

Summit Media, a leading magazine publish from the Philippines, announced the partnership with Forbes Media last week and said in a statement that the magazine will be targeted at “the country’s leading CEOs and entrepreneurs”.

William Adamopoulous, Forbes Media’s chief executive for Asia, said that the company is excited to partner with Summit Media for the magazine launch.

“The Philippines is one of ASEAN’s most dynamic economies and Forbes Philippines will serve the country’s growing community of tycoons, CEOs, investors and aspiring entrepreneurs,” he said.

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