Feeds

Contenders pile into Brit online finance news wars

Read it in the Monday papers

  • alert
  • submit to reddit

Build a business case: developing custom apps

The media job ads in Monday's Guardian is a great place to find out who's launching what - so let's take a peek in February 21's edition.

And what do we have here: another financial news site hitting the UK. This one is called smallcapcenter.com, and it's recruiting "cutting edge" journalists in London to run its new European Web site. The New-York-based company promises competitive salaries and equity stakes. Just as well. London-based financial journos are in very short supply these days, what with Ft.com, TheStreet.co.uk, WSJ Interactive Europe, Breaking Views, Talkcast, Citywire UK, 45one (the new Durlacher-backed and as yet unlaunched subscription wire service for the City) also hiring. And that's only the online brigade...

Moving away from straightforward financial news, but still money, money, money-oriented, we have The Industry Standard, the self-styled "leading magazine for the Internet economy".

Cheapskate

This is hiring journalists in the UK and throughout Europe to "write news and features on contract". What does this mean - short-term, full-time, or guaranteed freelance? Either way, it doesn't sound like there's much in the way of equity on the table. The Industry Standard is an established player - in America - so joining it would be a risk-free option - in America. And why make free and easy with the share options, especially when it's so close to IPO?

The Industry Standard is a cheapskate in other ways: last month, the company bagged $30 million for European expansion in a round of financing that brought inter alia Financial Times owner Pearson as an investor. The company is trying to hire European staff from San Francisco. Couldn't it have stumped up for a local media recruitment rep?

The UK already has a magazine in that media-savvy Internet economy world: it's called New Media Age. We read the paper version every week - it's really rather good.

Call in the Designers

The Web site is, on the other hand, terrible, as is every online site operated by publishing house Centaur. (And why does it call its main site Mad.co.uk when there's a porn directory call Mad.com? Branding, huh?)

The Industry Standard would be better off buying New Media Age, for cash, or pre-IPO paper, than trying to take the impending opposition. After all, there are simply too few cutting-edge financial/ Net business news journalists, and Net savvy sales reps, and intelligent publishers of any description to go round in London. ®

The Street.co.uk launches - same week as parent goes on sale

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.