Category: Business Written by Rebecca Nuttall - Courier Staff Writer
MOBILE TECHNOLOGY—The New Pittsburgh Courier app is available free in the iTunes App Store and Google Play. (Photo by J.L. Martello)
According to the Pew Research Center’s Internet and American Life Project from 2012, 85 percent of American adults have a cell phone and 45 percent of American adults have a smartphone. Of those surveyed, 37 percent of all mobile phone users and 64 percent of smartphone users, use their mobile devices to read news online.
A partnership between the Pennsylvania Newspaper Association and mobile app developer Rumble is seeking to capitalize on the nation’s mobile phone addiction and drag even the smallest newspapers into the 21st century. The new “Ready to Rumble” initiative is providing newspapers of all sizes with a newspaper branded custom-designed mobile app at no cost for one year.
“As we learned more and more about the newspaper industry, we saw that there was a huge mobile gap,” said Uyen Tieu, Rumble’s chief revenue officer. “We thought because reading news on mobile devices is becoming a trend, a lot of newspapers are being left behind because of not having a mobile app.”
Thanks to this initiative, the New Pittsburgh Courier launched its first mobile app at the beginning of the New Year. This app, which is currently available for free, provides users with a brand-new way to read and share news from the Courier and provides a customized experience tailored to helping readers access the content they are most interested in.
“Our mission is we want to create powerful technology to connect readers to their newspaper content,” Tieu said. “We wanted to create a platform so that even the smallest publishers can have a sophisticated mobile app.”
The Rumble News platform provides newspapers with full data analytics and the potential for monetization integration. It also integrates with social networking sites like Facebook and Twitter, which can help newspapers, increase their social media presence and reader base.
“As newspapers around the country have shifted to the internet as a means for delivering content to readers, mobile technology and social media integration have become increasingly important to any publication’s viability,” said Courier Assistant to the Publisher Stephan Broadus. “This new opportunity provided by PNA and Rumble along with the recent launch of our Digital Daily positions us at the forefront of other African-American news outlets in terms of mobile technology.”
Less than two weeks after the Courier app’s initial release, more than 2000 users already downloaded it. The app has also received 4+ rating in the Apple iTunes App Store.
“This app is full of local and worldwide news of all types. It is extremely useful and easy to navigate,” said reviewer Ms. Sage in the iTunes App Store. “The Pittsburgh Courier is very inspirational and gives you the real news. I am proud to be a reader and excited about how easy it just became to stay up to date with this app.”
Founded in 2011, Rumble is supported by the Project Liberty Digital Incubator, a program funded by Interstate General Media, which supports innovations in digital media. Their mission is to transform and reshape the way consumers follow local news, while providing unique commerce opportunities for its newspaper partners.
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Last Updated on Sunday, 19 May 2013 13:58
Category: Business Written by CNN
This combination of file photos shows Detroit Mayor Dave Bing, right, as he announced Tuesday, May 15, in Detroit that he would not seek a second term. Mike Duggan, left on March 31, 2004, former chief executive of the Detroit Medical Center, and Wayne County Sheriff Benny Napoleon, center on May 5, have said they will run for mayor of the financially troubled city. (AP Photo/File)
by Chris Isidore
The Detroit city government is weeks away from running out of the cash it needs to operate, according to an initial report from the emergency manager overseeing its finances.
The report from Kevyn Orr, the bankruptcy attorney appointed by the state in March, lays out a bleak financial position for the city.
“The city has effectively exhausted its ability to borrow,” he writes in the report, adding that the city “is clearly insolvent.”
Last Updated on Friday, 17 May 2013 14:09
Category: Business Written by NNPA News Service
by Stella J. Adams
(NNPA)—Private-equity firms, hedge funds and other Wall Street investors are seeking to develop a Real Estate Owned (REO)– to- Rent Securitization Market with the blessing of the FED and FHFA. A year ago, the Federal Reserve Board issued a policy statement on rental of REO owned by the banks they supervise and allowed the banks to rent REO properties without requiring them to demonstrate continuous efforts to market the properties. Last fall, FHFA initiated a “pilot” REO bulk sale program in urban markets across the nation. This munificence by the federal regulators will change the course of America’s future and signals the abandonment of homeownership as a pathway to prosperity.
Last Updated on Friday, 17 May 2013 10:38
Category: Business Written by William Reed
(NNPA)—The sequester is but a bump on the road to America’s real ruin. For those who don’t know, the U.S. is no longer “the greatest nation.” Nor does it even make the list of the 10 most prosperous countries in the world.
Whether Black or White, middle to upper class, urban, rural or suburban, most Americans operate under the assumption that the U.S. still ranks as No. 1 in the world. Yes, the U.S. remains the world’s largest economy, and we have the largest military by far, the most dynamic technology companies and a highly entrepreneurial climate.
Last Updated on Friday, 17 May 2013 10:12
Category: Business Written by Charlene Crowell
(NNPA)—President Obama recently nominated Melvin (Mel) Watt, a long-time North Carolina Congressman, to direct the Federal Housing Finance Agency. While major news media reported on the development, few mentioned exactly what the new job would entail or the significance of an African-American potentially leading a key financial office.
Last Updated on Thursday, 16 May 2013 15:45
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