The Economist, the 171-year-old weekly magazine, is launching its first daily edition.
The new product, called The Economist Espresso, will be available from Friday via smartphone apps and email. It takes the form of a daily briefing that is designed to be read in a few minutes each morning, and is part of a drive to expand The Economist’s digital audience following the first circulation decline in more than a decade. Read more
The New York Times Company and Axel Springer are hoping that a little-known Dutch start-up called Blendle may hold the key to making money from news online.
The two media groups have paid a combined €3m to acquire a 23 per cent stake in Blendle, which was founded last year and styles itself as the “iTunes for journalism”.
Blendle was launched in the Netherlands in April and sells individual articles from a number of newspapers and magazines to internet users through its website and app. On average an article costs 20 cents. The pricing per article is set by the publishers and revenues are split 70:30 between the publisher and Blendle. If a reader doesn’t like an article, they can ask for a refund. Read more
First it was Vice, then came Buzzfeed. Now, Ozy has become the latest news start-up aimed at young, digital natives to ramp up its offering on the back of a new injection of cash.
The California company backed by German publisher Axel Springer and Laurene Powell Jobs, widow of Apple co-founder Steve Jobs, is stepping up advertising and has hired Jonathan Dahl to become news editor from the Wall Street Journal. Read more
Angry Birds may be in free fall but two of the executives most responsible for its success are spreading their wings.
Just days after the company behind Angry Birds cut 16 per cent of its workforce amid disappointing growth, two former Rovio executives are launching their first game backed with $5m of venture capital money.
Andrew Stalbow, former head of strategic partnerships at Rovio and now chief executive at Seriously, said he hoped Thursday’s launch of Best Fiends would be the start of creating a mobile phone-centred entertainment brand. Read more
Apple has invited reporters to an event on October 16, which is expected to see the debut of new iPads and Mac computers. Read more
Apple’s latest iPhone has been has been hailed as the thinnest and biggest mobile device it has created yet. But those qualities may have created an unexpected problem: the gadget may have a tendency to “bend”.
Lewis Hilsenteger of product review site Unbox Therapy has published a video that has gone viral (over 3m views and counting), in which he conducted a not-so-scientific “bend test” on the phone. Using his hands to apply pressure on the back of the device while pulling the edges back, he found that the device was warped.
“Will this happen in your front pocket?” asked Mr Hilsenteger. “That probably depends on how tight your pants are.”
After weeks of hype, Apple’s big day is finally here: the iPhone 6 goes on sale in the US, UK, Hong Kong and other key markets (though not China) on Friday.
As ever, the Apple faithful are lining up outside its stores, after supplies of its supersized iPhone 6 Plus were exhausted in online preorders within a matter of hours last week. Most analysts predict pent-up demand for upgrades will push iPhone sales to a new record.
“Big” is the operative word all round. Apple has lent the FT both of the new iPhones and, after an evening playing with both devices, one conclusion feels obvious: the iPhone 6 Plus is just too big. Read more
Don’t let anyone tell you that size doesn’t matter.
The first reviews are in for the latest iPhones and if there is one common obsession, it’s the undeniable fact that these are the largest iPhones Apple has ever made.
Here are a few highlights from reviewers’ first takes of the iPhone 6 and the supersized iPhone 6 Plus. (No sniggering at the back.) Read more