Friday, April 3, 2009
Why Bit.ly Will Upstage Digg
Yesterday, New York-based start-up incubator Betaworks raised $2 million in funding for its URL-shortener project, Bit.ly, and spun it out as an independent company.
Yesterday, New York-based start-up incubator Betaworks raised $2 million in funding for its URL-shortener project, Bit.ly, and spun it out as an independent company.
The question is not whether the nation is overwhelmed with checking email and RSS feeds, answering calls, exchanging instant messages, surfing the Web, watching YouTube and playing that one game where you try to organize the falling blocks. The question is how much money all of this costs.
This is a section of the All Things Digital Web site featuring posts from around the Web, from other Dow Jones properties and also original pieces we solicit. The section is now explicitly labeled that it comes "from other Web sites."
We are fully aware of the controversies around how linking and aggregating is done on the Web and we, in no way, are attempting to "scrape" original content created by others. Instead, regarding third-party posts, we are trying to point readers of this site to other posts from around the Web that we admire and are trying to do so in the quickest manner possible.
The Internet is full of terrific content that is not ours and we want to help our readers find it by making editorial suggestions--Look, Mom, no algorithm!--of posts we think are worth their time.
That is why we have made even more changes to Voices to ensure we do this in the most transparent and timely way. While we don't expect that everyone will agree with our policies, we have made changes that reflect our intent in pointing to content outside our site.
So here is exactly what we do: Read more »
Because the site is wholly owned by Dow Jones, publisher of The Wall Street Journal, we aim to adhere to the journalistic standards of the best of the mainstream media. But, because it is run autonomously as a small online startup, we aim to exhibit the fresh thinking and nimbleness of the best of the new media. We want to be first, and sassy, but also well sourced and accurate. We will offer lots of opinion and analysis, but plenty of fact as well.