Tag: Bloomberg

  • Bloomberg Media expands reach with Brandwidth Mediaè tie-up

    Bloomberg Media expands reach with Brandwidth Mediaè tie-up

    MUMBAI: Bloomberg Media, the multi-platform media company for business and financial information, is doubling down on its regional presence with a strategic partnership with Brandwidth Mediaè. The collaboration aims to deliver Bloomberg’s cutting-edge financial intelligence to a wider audience across the subcontinent.

    Brandwidth Mediaè founder & managing director Rahul Sood said, “This partnership with Bloomberg allows us to bring unparalleled financial insights to audiences across the subcontinent. We’re excited to deliver Bloomberg’s dynamic and authoritative news to viewers on all screens.”

    Bloomberg is globally celebrated for its rapid, precise and insightful reporting on business and financial affairs, empowering audiences with real-time updates and deep market intelligence. “We are excited to introduce not just Bloomberg TV, but also Bloomberg TV+ and Bloomberg Originals, further expanding their reach and strengthening the brand in this dynamic region,” said Brandwidth Mediaè founder & managing partner  Rohit Jaiswal.

    Brandwidth Mediaè is an independent content, technology, and media sales company, dedicated to helping global brands expand their footprint and monetise their services. It provides high-impact opportunities for businesses to generate new revenue streams and amplify their reach.

    With a star-studded roster of partners—including CNN, Al Jazeera and TV Today in broadcast, and Frammer AI & Benchmark in tech—Brandwidth Mediaè continues to build up its presence in the media world. Its latest partnership with Bloomberg Media is set to raise the bar for financial journalism in the region, delivering top-tier insights to an ever-growing audience.

  • Divine confluence: inside Megha Tata’s spiritual odyssey at the Maha Kumbh

    Divine confluence: inside Megha Tata’s spiritual odyssey at the Maha Kumbh

    MUMBAI:  It’s been around  a year  since media industry veteran Megha Tata – who has led channels such as Turner International,  HBO, Bloomberg TV, Discovery – has held a steady job. It’s been by choice. After slogging it out from 1992 when she was an executive with Sunday Mail, and then for more than a decade with Star India, she believes she deserves the rest. She has been happy lending her services to corporate India as a financial adviser and an independent director.

    Her husband Ariez is in total agreement with her choices. An entrepreneur, he too has decided to slow down on the blistering work front and, along with Megha, they have been exploring themselves individually, each other and the world. 

    Normally seen in suits and sarees, these days Megha appears to be more comfortable in jeans, boots, salwar kameez’  and a backpack as she lives out every senior executive’s dream – to have  a complete balanced life, rather than being  caught on the treadmill of corporate achievement alone. 

    Megha and Ariez have been gathering mileage – both on flights and on Indian  roads. It’s been motorcycle rides to nearby towns of Mumbai as she unwinds the years of tension of corporate meetings and targets from her sinews. Meditation, discourses from Sadhguru of the Isha foundation is what have been keeping both of them occupied apart from their freelance assignments.

    So when Megha and Ariez decided to get to Maha Kumbh, like many of her other exploratory journeys, she had no idea what she was getting into, though the duo  had planned out everything. What she discovered was that it was far more than a religious gathering – it was a masterclass in spiritual immersion, logistical precision, and the harmonious blend of ancient traditions with modern conveniences.

    The secret to Tata’s seamless experience lay in strategic choices that might seem counterintuitive to luxury travelers. Eschewing traditional comforts, she and her husband opted for motorcycle taxis over cars, transforming potential logistical nightmares into smooth spiritual passages. 

    “There was a method in the madness,” Tata reflects, describing how these agile two-wheeled vessels became their chariots through the sea of humanity.

    The decision to travel light – carrying only backpacks – proved equally crucial. Where others might have struggled with unwieldy suitcases, Tata and her husband found freedom in minimalism. This mobility allowed them to weave through the crowds with ease, their motorcycle taxis navigating paths where cars would have stood helplessly gridlocked.

    Their accommodation at Royal Kumbh, managed by The Secret Camp, offered a striking contrast to their minimalist transit strategy. “It was a beautifully organised setup,” Tata shares, describing their tent positioned along the Ganga’s sacred banks. This thoughtfully curated space provided not just luxury, but a serene sanctuary for reflection between spiritual immersions.

    The location proved strategic, offering easy access to the heart of the Kumbh while maintaining a peaceful distance from the most crowded areas. The blend of comfort and spirituality allowed them to fully absorb the profound energies of the gathering without being overwhelmed by its scale.

    naga baba
    What makes Tata’s journey particularly compelling is its transcendence of religious boundaries. Her husband’s Parsi heritage adds a fascinating dimension to their shared spiritual quest.

    “For us, this journey was not about religion but about experiencing the energy and being part of a once-in-a-lifetime event,” she explains, highlighting how the Kumbh’s spiritual magnetism crosses all denominational lines.

    Their experiences ranged from witnessing the dramatic presence of Naga Babas to finding kinship among fellow Isha Meditators.

    “It was incredible to witness people from all walks of life, rich or poor, from every background united in devotion,” Tata recalls.

    The sacred dip in the Ganga became a powerful symbol of unity, where the waters “seemed to embrace everyone, symbolising inclusivity and faith at its purest.”

    In an interesting contemporary twist, Tata acknowledges social media’s role in amplifying the Kumbh’s reach. Rather than viewing this digital dimension as a distraction, she sees it as a bridge making this ancient gathering accessible to a global audience. “While some may see it as a double-edged sword,” she notes, “it has undeniably helped bring attention to the event.”

    With an estimated 40-50 crore visitors, the event’s smooth operation stands as a testament to administrative efficiency. The Uttar Pradesh government and police force orchestrated what Tata describes as “organised chaos,” creating an environment where spiritual seeking could flourish unimpeded by logistical concerns.
    For Tata, who has been on a spiritual path for over a decade, the Kumbh experience served to deepen her existing practice.
     

    royalkumbh

    “The experience strengthened my faith in spirituality and reaffirmed my connection to this path,” she reflects. Even as her daughters remained distant – one in Bangalore, another in the United States – the journey became an intensely personal chapter in her spiritual evolution.

    As the Maha Kumbh approaches its conclusion on 26  February, Tata’s experience stands as both inspiration and practical guide for future pilgrims. Her journey illuminates how this ancient gathering has evolved to meet contemporary needs while preserving its spiritual essence. In navigating the delicate balance between comfort and authenticity, tradition and modernity, Tata’s story offers valuable insights for anyone drawn to this extraordinary confluence of faith, humanity, and divine energy.

    Her parting advice to potential visitors encapsulates the wisdom gained and can be applied to our daily lives as well. As she says, plan thoughtfully, travel light, embrace the unexpected, and remain open to the transformative power of the journey (to the Maha Kumbh or)  of your life. In doing so, you  too might discover, as she did, that both the Maha Kumbh and your daily experiences offer a far lot more –they  provide a gateway to profound spiritual awakening.

  • Sony calls off merger with Zee ?

    Sony calls off merger with Zee ?

    Mumbai: As per Bloomberg, Sony Group Corp. has officially informed Zee Entertainment Enterprises Ltd. about its decision to cancel the merger between its India unit and the media network, bringing an end to a two-year acquisition saga. This move leaves Zee exposed to competition as its rivals strengthen their positions. The Japanese entertainment giant sent a termination letter to Zee on Monday, and it is expected to be disclosed to the exchange later, according to anonymous sources. The termination is attributed to the failure to meet the conditions of the merger agreement, as stated in the letter seen by Bloomberg.

    The termination comes after a prolonged deadlock between the companies, primarily revolving around the leadership of Zee’s CEO, Punit Goenka, in the merged entity. This issue arose amid an investigation into Goenka’s conduct by India’s capital markets regulator. The standoff has now seemingly thwarted the deal, which had the potential to create a $10 billion media giant capable of competing with global powerhouses like Netflix Inc. and Amazon.com Inc.

    Sony’s termination letter arrived following the expiration of a 30-day grace period over the weekend, during which the two sides failed to reach an agreement on a deadline set in late December.

    We will wait for an announcement from Sony, and Zee.”

     

  • Snapdeal launches new brand campaign

    Snapdeal launches new brand campaign

    Gurugram: Snapdeal has launched a festive season brand campaign that showcases the rich diversity and depth of products available on its platform.

    The campaign comprises multiple short films each highlighting the “undiscovered stars” of online shopping – products for everyday living at great prices – all of which enable the user to upgrade her life in a snap!

    The campaign uses the theme of discovering products at “the snap of a finger” to underscore the ease of discovery on the platform. Set to foot-tapping music by Milan-based sound agency, Smider, each film shows users having fun with the products bought on Snapdeal.

    The range of products showcased in the films include fun, eclectic products like magnifying mirrors, makeup brushes, selfie lights and camera tripods for those putting up perfect pics on social media and blogs.

    For those using Diwali to upgrade their homes, sensibly priced products like multi-function fruit & vegetable peelers, wooden spoons, frying pan sets, USB-powered smoothie blenders, sponge hand gloves for cleaning, water pH meters etc have been showcased. A range of beautiful LED lights and diyas offer a short introduction to the vast range available on the platform.

    According to a Snapdeal spokesperson, “E-commerce in India is now beyond just brands and discounts. It is about accessing products that add value and help upgrade the daily lives of the users in multiple, small yet meaningful ways. The purpose of the “Snap-Diwali” campaign is to showcase the vast selection of unique and functional products that are available online. ”

    The campaign is already live on digital platforms like YouTube, Instagram, Facebook, TikTok, Voot, Hotstar etc. Later this week, it will also be seen across various top national and regional TV channels. The rise of regional consumption is reflected in the fact that the campaign will run in seven languages – Hindi, Tamil, Kannada, Marathi, Bangla, Telugu and English. The campaign is expected to run across four weeks.

    According to Mohit Dhar Jayal, co-founder of Motherland Joint Ventures, which is Snapdeal’s strategic advisor on various aspects of customer experience, “Snapdeal is in a category of its own. It offers customers a kaleidoscopic, non-stop mix of shopping and entertainment – all wrapped up in fun, accessible user experience, and super-affordable pricing. And there’s a pipeline full of exciting innovations on the way from the Snapdeal lab!”

    The films have been made by Italy-based illo.tv, a design studio which has worked on iconic projects for brands like Airbnb, UEFA, Snapchat, Bloomberg and various other innovative international startups. Led by the creative duo of llenia Notarangelo and Luca Gonnelli, Illo’s  style is characterized by a minimal and colourful aesthetic with particular attention to clear storytelling. According to Ilenia Notarangelo, Creative Director, illo, “Snapdeal was one of the most fun & challenging projects in terms of production for our studio, this year. We tried to come up with some quirky, not stereotypical 15 second plots that could match the different and unusual products that Snapdeal offers. From a stylistic point of view, we tried to match our visually synthetic set design approach with the Indian Diwali mood. I think that the result is a pretty refreshing mix, with a little reference to the Memphis style.”

    The music for the Snap-Diwali films has been created by Milan-based sound agency Smider, which has created iconic compositions for brands like Reebok, Nike, MTV, Yamaha, Ducati, Audi, BMW and others. Smider offers an unconventional flavour driven by a taste for experimental compositions mixed with the use of traditional instruments. According to Smider, “We are excited about this music since we wanted to merge a contemporary way of music production with some Indian elements. The sound design process, in this case, was all about the transitions from one scene to another, layering different sounds and of course using the “snap” as an element of both music and sound.”

    Snapdeal is India’s largest value-focused e-commerce marketplace. More than 70 million users visit Snapdeal every month to browse and buy from amongst the 200 million SKUs listed by more than 500,000 independent registered sellers on Snapdeal.

  • Bloomberg launches 24/7 news network on Twitter

    Bloomberg launches 24/7 news network on Twitter

    MUMBAI: Bloomberg Media, the consumer-facing media organisation of Bloomberg, has launched the world’s first ever round-the-clock television streaming service on Twitter.

    TicToc by Blooomberg officially goes live on Monday and aims to combine Twitter’s global reach and user commentary with Bloomberg’s news-reporting expertise. The new service will be staffed by a team of 50 editors, producers, social media analysts and marketers, most of which are based in New York.  The 24-hour news network has got seven sponsors on board including Goldman Sachs, AT&T Business, CA Technologies, CME Group, INFINITI, SAS, and TD Ameritrade and will feature branded native content and unique integrations woven into the video programming, created by Bloomberg in partnership with each sponsor. 

    The first interaction of TicToc by Bloomberg will feature a mix of live video and reporting from Bloomberg journalists around the world, as well as breaking news content from consumers, curated and verified by Bloomberg editors with a real-time distillation of the related conversation on Twitter, it said in a statement. 

    “We are seeing a shift in the media landscape today: more content companies are partnering with platforms to create hybrid businesses that better serve consumers and society. With TicToc by Bloomberg, we are fusing the best of Bloomberg and Twitter to build a fast and credible modern news experience,” Bloomberg Media Chief Executive Officer Justin B Smith said. 

    “Twitter is where people go for breaking news, and now our global audience can turn to TicToc by Bloomberg at any time to see what is happening in the world no matter where they are. Combining the journalistic integrity of Bloomberg with the speed and global availability of Twitter makes this a collaboration we are really excited about,” Twitter Chief Operating Officer Anthony Noto said. 

  • Live digital video now on Bloomberg|Quint, plans cable and DTH foray

    Live digital video now on Bloomberg|Quint, plans cable and DTH foray

    MUMBAI: Bloomberg|Quint has announced the launch of its digital live streaming service in India. At the launch, Bloomberg|Quint live-streamed the Bloomberg India Economic Forum, which featured the finance minister Arun Jaitley as the keynote speaker.

    The service is now available on its website and top social platforms, and pending regulatory approvals, will debut on leading cable and DTH platforms.

    Bloomberg|Quint, a partnership between Bloomberg Media and Quintillion Media, which claims to reach over two million monthly users across its on-site and partner platforms.

    At the launch, a panel discussion was held with NITI Aayog (National Institution for Transforming India) CEO Amitabh Kant, Edelweiss Group chairman and CEO Rashesh Shah, Kotak Mahindra president – consumer banking Shanti Ekambaram, and Larsen & Toubro director and CFO R. Shankar Raman.

    Bloomberg|Quint’s digital streaming service will include comprehensive live programming on a daily basis, from global and domestic markets, coverage to views from the most influential newsmakers in business and finance. Starting with pre-market cues and news, the service will provide consumers with live insights into the markets throughout the day, culminating with perspective and analysis in the evening.

    “We set out to create India’s premier digitally-led multi-platform media company, so the launch of live streaming video content is a step in achieving this,” said Bloomberg Media Group CEO Justin B. Smith.

    Quintillion Media founder Raghav Bahl added, “Consumers can look forward to compelling video content on key India market developments in the office, at home or on the go on their mobile phones.”

  • CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

    CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

    MUMBAI: Attracting 1.8 million average monthly page views, witnessing a 37 per cent growth in video consumption and 16 per cent in unique browsers month-on-month from India in less than a year’s time is not smooth. In its ambitious plan of global expansion, CNN Digital is leaving no stone unturned to sustain its growth in the Indian market. Started as an experiment 12 months back, the team wanted to check out the appetite for additional coverage of India among their global audience.

    After observing mammoth success, as its next step, CNNMoney International will develop a separate sub-section on India.

    “We were very pleased with the results. So, when we relaunched CNNMoney International in February this year, we were committed to India. Having a sub-section devoted to a country on CNN International is a pretty big deal for us. This is a reflection of our commitment to tell the global audience about which is the world’s fastest growing economy,” says CNN Money managing editor Mark Thompson.

    Thompson admits that the growth is slowing in the developed world, in many emerging markets but it seemingly is not the case in India. “At least, the people I speak to suggest that these impressive rates of growth are sustainable for some considerable period of time which provides new opportunities for entrepreneurs. There is an increase in gaining attention of global companies who want to do business here and be successful. So, there is a fascinating story to tell about the dynamism, the momentum that exists in India,” adds Thompson.

    The new section will launch by next month with more focus on young entrepreneurs in India, on imagining the economy of the country by 2020, and will dive deep in certain sectors of the Indian business.

    With CNNMoney, the team plans to tell the stories of India. Thompson asserts, “We are still working on that. We are fortunate enough to have the support of CNN Network so that we have the bureau resources here. I am currently looking at how we can make sure we got the right level of resources and at right places to support the new content.”

    Talking about its target audience, CNNMoney’s global audience would be younger than average; tends to be more educated than the average and are more affluent than average whereas the Indian audience is similar but it’s slightly younger than the global audience. The average of CNNMoney audience in India is 36, and the average age in global audience is 40. “We have very high representation of senior managers and top level executives as our audience. They are typically pretty aggressive toward investments in the context of their profession.”

    The three areas that stand out with money’s audience are — technology, economy and market content.

    The business of technology, innovation, etc. is a huge thing which the team loves to do. The second most popular area for them is about the stories of the Indian and the global economy. The third area is their market content. “We have a lot of data on markets. We do quite a lot of reporting from New York, London, Hong Kong, etc. about how the big shifts in global market impact the economy, businesses and the investors. We are not into day-to-day market movements. We introduce some of that but typically what my international team tries to do is identify the trends and the big shifts like what happened to the price of oil since 2014 as its still resonating and reverberating the global economy. We look at the impacts these big shifts have in countries, businesses and investments.”

    Thompson recollects his journey from the time he joined CNN in 2012. With the mission to build up CNNMoney International, the team has grown from two in London, to now reporters in Hong Kong, Delhi and recently in Dubai.

    “Team-wise, we have grown to about five times, operating jointly. We are based across different time zones but we constantly share our ideas or stories. We operate as an integrated team,” he said.

    CNNMoney International follows the same process as other portals. The reporters pitch the story idea to the editor followed by a discussion about whether it has merit to be covered, and then how should it be told. “We work on the highest journalistic standards at CNN. Journalism drives our stories. Then, we have to think about how to promote the stories. Then, it comes down to the visual element of the stories which is with the design team that works with us to create fantastic images, illustrations and graphics. To maximize the impact of the stories, video is an incredibly important part of the proposition. “We are fortunate to have a wealth of video resources which we can use for digital purposes in addition to having strong and growing digital video team at CNN itself. We are always thinking about how best to present the stories on mobile and also on other social platform. So, there are lots of different processes to go into the final day that it is published,” he added.

    With a majority of CNNMoney audience using mobile devices, Thompson expects a growth in consumption after complete 4G roll-out in India. “Well 4G in India is a fascinating story for us and we will follow it. I don’t know what is going to happen next. It is inevitable that, at some point in time, the infrastructure will develop. From a consumer perspective, India is the second biggest global market for active smartphone users, which can only grow. Since we relaunched CNNMoney, we saw steady growth in India. A 37 per cent monthly video consumption and a 16 per cent increase in monthly visitors, video is growing stronger. If you need to deliver video to mobile, you need that robust infrastructure and network to serve the audience,” Thompson said.

    Talking about the importance of CNNMoney in its overall contribution to CNN, Thompson explained that it has received significant investments last year to flourish and grow as one of the top business websites in the world. “Reports suggest that our audiences are more than ‘The Wall Street Journal’ online or Bloomberg online. With 14 million unique visitors a month, we are a successful portal. We hope to replicate it across the world. India is a very important part of it. So far, it is so good,” adds Thompson.

    When it comes to alerting the viewers about breaking news, CNNMoney uses a variety of ways to serve the need. Their CNNMoneyStream will replace CNNMoney’s existing app and is a personalized business news experience available to iOS and Android users. Inspired by Turner’s Team Stream, it enables users to follow companies, businesses, topics, and market data just like they follow teams and players through Bleacher Report’s app.

    E*TRADE and SAP are the official launch sponsors of CNNMoneyStream.

    “We use CNN alerts for the global audience. We have a new app, CNNMoney Stream, that allows user to personalize their experience of CNNMoney content. You can choose to follow streams of content which relate to a particular company or region; you can follow as many and as few. The app will generate content accordingly. Its crated based on the technology which Turner developed for sports app that we have. And, we are very happy with the response,” concludes Thompson.

  • CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

    CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

    MUMBAI: Attracting 1.8 million average monthly page views, witnessing a 37 per cent growth in video consumption and 16 per cent in unique browsers month-on-month from India in less than a year’s time is not smooth. In its ambitious plan of global expansion, CNN Digital is leaving no stone unturned to sustain its growth in the Indian market. Started as an experiment 12 months back, the team wanted to check out the appetite for additional coverage of India among their global audience.

    After observing mammoth success, as its next step, CNNMoney International will develop a separate sub-section on India.

    “We were very pleased with the results. So, when we relaunched CNNMoney International in February this year, we were committed to India. Having a sub-section devoted to a country on CNN International is a pretty big deal for us. This is a reflection of our commitment to tell the global audience about which is the world’s fastest growing economy,” says CNN Money managing editor Mark Thompson.

    Thompson admits that the growth is slowing in the developed world, in many emerging markets but it seemingly is not the case in India. “At least, the people I speak to suggest that these impressive rates of growth are sustainable for some considerable period of time which provides new opportunities for entrepreneurs. There is an increase in gaining attention of global companies who want to do business here and be successful. So, there is a fascinating story to tell about the dynamism, the momentum that exists in India,” adds Thompson.

    The new section will launch by next month with more focus on young entrepreneurs in India, on imagining the economy of the country by 2020, and will dive deep in certain sectors of the Indian business.

    With CNNMoney, the team plans to tell the stories of India. Thompson asserts, “We are still working on that. We are fortunate enough to have the support of CNN Network so that we have the bureau resources here. I am currently looking at how we can make sure we got the right level of resources and at right places to support the new content.”

    Talking about its target audience, CNNMoney’s global audience would be younger than average; tends to be more educated than the average and are more affluent than average whereas the Indian audience is similar but it’s slightly younger than the global audience. The average of CNNMoney audience in India is 36, and the average age in global audience is 40. “We have very high representation of senior managers and top level executives as our audience. They are typically pretty aggressive toward investments in the context of their profession.”

    The three areas that stand out with money’s audience are — technology, economy and market content.

    The business of technology, innovation, etc. is a huge thing which the team loves to do. The second most popular area for them is about the stories of the Indian and the global economy. The third area is their market content. “We have a lot of data on markets. We do quite a lot of reporting from New York, London, Hong Kong, etc. about how the big shifts in global market impact the economy, businesses and the investors. We are not into day-to-day market movements. We introduce some of that but typically what my international team tries to do is identify the trends and the big shifts like what happened to the price of oil since 2014 as its still resonating and reverberating the global economy. We look at the impacts these big shifts have in countries, businesses and investments.”

    Thompson recollects his journey from the time he joined CNN in 2012. With the mission to build up CNNMoney International, the team has grown from two in London, to now reporters in Hong Kong, Delhi and recently in Dubai.

    “Team-wise, we have grown to about five times, operating jointly. We are based across different time zones but we constantly share our ideas or stories. We operate as an integrated team,” he said.

    CNNMoney International follows the same process as other portals. The reporters pitch the story idea to the editor followed by a discussion about whether it has merit to be covered, and then how should it be told. “We work on the highest journalistic standards at CNN. Journalism drives our stories. Then, we have to think about how to promote the stories. Then, it comes down to the visual element of the stories which is with the design team that works with us to create fantastic images, illustrations and graphics. To maximize the impact of the stories, video is an incredibly important part of the proposition. “We are fortunate to have a wealth of video resources which we can use for digital purposes in addition to having strong and growing digital video team at CNN itself. We are always thinking about how best to present the stories on mobile and also on other social platform. So, there are lots of different processes to go into the final day that it is published,” he added.

    With a majority of CNNMoney audience using mobile devices, Thompson expects a growth in consumption after complete 4G roll-out in India. “Well 4G in India is a fascinating story for us and we will follow it. I don’t know what is going to happen next. It is inevitable that, at some point in time, the infrastructure will develop. From a consumer perspective, India is the second biggest global market for active smartphone users, which can only grow. Since we relaunched CNNMoney, we saw steady growth in India. A 37 per cent monthly video consumption and a 16 per cent increase in monthly visitors, video is growing stronger. If you need to deliver video to mobile, you need that robust infrastructure and network to serve the audience,” Thompson said.

    Talking about the importance of CNNMoney in its overall contribution to CNN, Thompson explained that it has received significant investments last year to flourish and grow as one of the top business websites in the world. “Reports suggest that our audiences are more than ‘The Wall Street Journal’ online or Bloomberg online. With 14 million unique visitors a month, we are a successful portal. We hope to replicate it across the world. India is a very important part of it. So far, it is so good,” adds Thompson.

    When it comes to alerting the viewers about breaking news, CNNMoney uses a variety of ways to serve the need. Their CNNMoneyStream will replace CNNMoney’s existing app and is a personalized business news experience available to iOS and Android users. Inspired by Turner’s Team Stream, it enables users to follow companies, businesses, topics, and market data just like they follow teams and players through Bleacher Report’s app.

    E*TRADE and SAP are the official launch sponsors of CNNMoneyStream.

    “We use CNN alerts for the global audience. We have a new app, CNNMoney Stream, that allows user to personalize their experience of CNNMoney content. You can choose to follow streams of content which relate to a particular company or region; you can follow as many and as few. The app will generate content accordingly. Its crated based on the technology which Turner developed for sports app that we have. And, we are very happy with the response,” concludes Thompson.

  • Buyers queuing up to buy Twitter; Disney, Microsoft included

    Buyers queuing up to buy Twitter; Disney, Microsoft included

    MUMBAI: Is Twitter up for sale? If the mounting media reports are to be believed, it most likely is. A queue of potential buyers is reportedly is lining up at its corporate doors. Among them: salesforce.com, Alphabet (google’s parent), Microsoft and Disney.

    Analysts say that it is no surprise that Twitter is in the market for buyers. It has been under tremendous pressure to find revenue streams what with the rising power of Facebook, Instagram, YouTube and other social media outlets.

    Says an industry observer: “They received interest offer from salesforce.com and then probably Jack Dorsey, its CEO, and the board probably decided to pursue it as a strategy to see where it could lead to, and they have been fielding enquiries. For a media company, a Twitter acquisition makes sense as there are not too many companies on the social side out there with a subscriber base of 300 million. This is a good opportunity for them to make a play.”

    Salesforce.com is reportedly working with Bank of America on a potential bid while Disney is working with a financial advisor to evaluate whether they should throw their hat in the ring, says a Bloomberg report.

    Bloomberg appears to be betting on Disney being the front-runner. Reason: both Disney CEO Bob Iger and Dorsey are pretty close. Dorsey is on the Disney board along with Facebook’s Sheryl Sandberg. And, Iger has been mentoring Dorsey for sometime now. Additionally, the former has been working on evolving Disney — as its traditional cable TV business is under pressure from cord-cutting and video-on-demand streaming services – into increasing new media plays.

    In recent times, Disney has invested in video streaming service Hulu, Shane Smith digital media company Vice and HBO Now tech partner MLB’s BAMTech. Twitter too has partnered with BAMTech for its live streaming services, says Bloomberg.

  • Buyers queuing up to buy Twitter; Disney, Microsoft included

    Buyers queuing up to buy Twitter; Disney, Microsoft included

    MUMBAI: Is Twitter up for sale? If the mounting media reports are to be believed, it most likely is. A queue of potential buyers is reportedly is lining up at its corporate doors. Among them: salesforce.com, Alphabet (google’s parent), Microsoft and Disney.

    Analysts say that it is no surprise that Twitter is in the market for buyers. It has been under tremendous pressure to find revenue streams what with the rising power of Facebook, Instagram, YouTube and other social media outlets.

    Says an industry observer: “They received interest offer from salesforce.com and then probably Jack Dorsey, its CEO, and the board probably decided to pursue it as a strategy to see where it could lead to, and they have been fielding enquiries. For a media company, a Twitter acquisition makes sense as there are not too many companies on the social side out there with a subscriber base of 300 million. This is a good opportunity for them to make a play.”

    Salesforce.com is reportedly working with Bank of America on a potential bid while Disney is working with a financial advisor to evaluate whether they should throw their hat in the ring, says a Bloomberg report.

    Bloomberg appears to be betting on Disney being the front-runner. Reason: both Disney CEO Bob Iger and Dorsey are pretty close. Dorsey is on the Disney board along with Facebook’s Sheryl Sandberg. And, Iger has been mentoring Dorsey for sometime now. Additionally, the former has been working on evolving Disney — as its traditional cable TV business is under pressure from cord-cutting and video-on-demand streaming services – into increasing new media plays.

    In recent times, Disney has invested in video streaming service Hulu, Shane Smith digital media company Vice and HBO Now tech partner MLB’s BAMTech. Twitter too has partnered with BAMTech for its live streaming services, says Bloomberg.