Bits & Bytes

September 5, 2007

Fashion Week launches Tuesday in New York

>”Many traditional media companies are growing their own digital presences, either by employing a Web-only staff, inviting a well-known blogger to cover the shows on their sites, or getting a notable to blog for them. Fabiola Beracasa will contribute to Elle’s and New York magazine’s media coverage, and both Web sites will have models blogging — Selita Ebanks at New York, and Maggie Rizer at Elle. But not all doors are open. ‘Marc, Ralph, Calvin — anyone who can be referred to by his first name is off limits to bloggers,’ said Julie Fredrickson, founder of the network of blogs called Coutorture.” (WWD)

 >”At last night’s NYC Tech Meet-Up, the prevailing theme was that old Web 2.0 saw “You make the content, we make the revenue.’ The event at Cooper Union drew an estimated 450 of New York’s technorati– most from startups, as a show of hands revealed. Ladies and gentlemen, this is your Silicon Alley … There was Henry Blodget imploring potential ‘contributors’ to write for his new NYC-focused tech website, Silicon Alley Insider ; a Gawker Media rep discussing how Gawker plans to capitalize on its rabid hoard of commenters; and the Iminlikewithyou.com dude, who spoke of leveraging external blogs to create custom dating portals. The pitches sounded a common theme: the desperate land-grab for free content against which to run advertising.” (Portfolio)

>”Former AOL Chief Executive Jonathan F. Miller and former Fox Interactive Media President Ross Levinsohn have joined together to start an Internet company, according to people close to the situation. General Atlantic LLC, a private-equity firm, has committed to back Messrs. Levinsohn and Miller’s investments in Internet start-ups, these people say. General Atlantic in a statement said the two men had agreed to become advisers to the private-equity firm and declined further comment. The new entity, called Velocity Investment Group, is already actively scouting for acquisitions and has signed letters of intent with a few consumer-oriented Internet companies.” (WSJ via Iwantmedia)

Ron Mwangaguhunga

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