The New York Times Posts

Enigma receives $4.5 million in funding

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Enigma has raised $4.5 million in Series A funding led by Comcast Ventures with participation from American Express Ventures, Crosslink Capital, and The New York Times Company. Enigma is known for its ability to mine public data from governments, companies, and organizations. Enigma has partnerships with Harvard Business School and S&P Capital IQ.

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Twitter: Jack Dorsey Almost Joined Facebook After Getting Fired As CEO

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New York Times reporter and columnist Nick Bilton is releasing a book on November 5th called “Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal.”  The book is being released around the same time that Twitter is going to go public.  The book focuses on the hardships that the company focused and how friendships were affected.  There is also tales of betrayal in the book.

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The New York Times (NYT) Sells Boston Globe To John Henry For $70 Million In Cash

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The New York Times Company (NYT) has sold the Boston Globe newspaper to John Henry for $70 million.  Henry is the owner of the Boston Red Sox baseball team.  This deal is expected to close in 30 to 60 days.
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Numbers Expert and Blogger Nate Silver Leaves New York Times For ESPN

Nate Silver
Nate Silver grew to fame when he successfully predicted the outcome of the Presidential election for all 50 states this past election.  Silver has now left The New York Times to join ESPN, according to paidContent.

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The New York Times Creates A Leap Motion Controller App

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Leap Motion is a device that uses physical gestures to control applications.  The Leap Motion controller was delayed a few times, but it is now expected to ship along with an app store on July 22nd.  One of the applications that will be available for download on Leap Motion’s app stores is The New York Times.  The New York Times will have a “Top News” app for Leap Motion customers that uses hand gestures to read the articles.
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The New York Times Company (NYT) Hits 700,000 Paid Digital Subscribers

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The New York Times Company (NYSE:NYT) CEO Mark Thompson gave a commencement speech at Columbia University recently where he discussed the success of the company’s digital subscription strategy despite skepticism from critics.  Thompson said that the media criticized that The New York Times’ “meter paywall” would be a disaster when it launched in 2011.  He pointed out that this is now the standard for the rest of the newspaper industry.

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Dynamic Yield Raises $2 Million

Dynamic Yield is an audience personalization company that helps online publisher companies and e-commerce companies increase revenues.  Dynamic Yield’s Audience, Structure, and Serve modules makes it possible for publishers, e-retailers, and web apps with flexibility in maximizing user value and overall site revenues.

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Facebook That Their Algorithms Suppresses Unpaid Content

Over the weekend, New York Times writer Nick Bilton wrote an article about how the engagement on his Facebook posts are dropping.  Facebook responded by writing an article called Fact Check.  Bilton said that he is seeing a drop in likes and shares from subscribers.  He said that he saw an immediate jump when he paid $7 to promote the article.  Bilton questioned how Facebook surfaces items in the News Feed as a result.

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