Massive Cyberattacks Dramatically Hurt Revenues for All Kinds of Internet Players

Heather Daniels owns a small business, Lyon's Prints, that she has run primarily on Etsy since 2014. Etsy was among the websites that fell victim to three waves of cyberattacks that lasted hours and rocked the web on Friday, also affecting Twitter, Pinterest, The New York Times, The Boston Globe, Reddit, Spotify and many others.  Underscoring how all kinds of players were negatively impacted, Daniels said she only received two orders on Friday, when she normally gets around 35.  "The only reason that I was able to receive those [two] orders was because they came from Canada … and they were not affected by that internet provider," Daniels said.   The outages were caused by a distributed denial-of-service—or DDoS—attack on web-domain provider Dyn. It all started in the morning, when a slew of digital publishers and other ecommerce players were hit by the cyberattack, causing their sites in some parts of the U.S.—chiefly on the East Coast and in Southern California—to go out, a problem that lingered into the late afternoon.  "I am self-employed, so losing an entire day of pay is financially devastating for me," Daniels said. "One of my customers ordered something that she needed to have printed [on Friday] for a party [on Saturday], and I was not able to get it to her." A handful of marketers' comments below Adweek's posting of its cyberattacks story on Facebook tell a tale of ecommerce players losing sales, business-to-business players not getting leads, research... Continue reading at 'AdWeek'

[ AdWeek | 2016-10-23 00:00:00 UTC ]

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Internet age should not undermine our jury system, says Dominic Grieve

Attorney general backs Law Commission recommendation that jurors who search web for case details should be jailedJuries are deeply "ingrained in our national DNA" and the internet should not be allowed to undermine a system of justice dating back to Magna Carta, according to the the attorney... Continue reading at The Guardian

[ The Guardian | 2013-12-12 00:00:00 UTC ]
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A Better Kind of Algorithm

When you’re shopping for gifts, try getting a recommendation from an actual human expert at your local bookstore, suggests Ross Ufberg of New Vessel Press. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-06 00:00:00 UTC ]
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BuzzFeed to forecast 2014 revenue of up to $120M

BuzzFeed Inc., the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next... Continue reading at Crains New York

[ Crains New York | 2013-12-04 00:00:00 UTC ]
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Cool Tools: A Whole Earth Catalog For The Post-Internet Era

If you're ready to tear yourself away from a screen for awhile, Kevin Kelly's Cool Tools is your must-read book and DIY muse. It's also the perfect gift for the geek in your life.With the advent of the Internet, the Whole Earth Catalog's curation of all the weird and wonderful things necessary... Continue reading at Fast Company

[ Fast Company | 2013-12-04 00:00:00 UTC ]
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The Elan Gale internet hoax sums up all that is rotten about our online lives | Hadley Freeman

When I was a teenager, I thought it would be great to be an adult and be surrounded by people who weren't mean to each other all day. Enter stage left: the world wide webBack in the early 90s, when I was still at school and words such as "friend" and "message" were nouns as opposed to verbs, a... Continue reading at The Guardian

[ The Guardian | 2013-12-03 00:00:00 UTC ]
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Mail Online targets £60m revenues in 2014

Publisher aims to continue 2013's 50% growth to hit point at which website's income would exceed newspapers' declineMail Online has set a target of making more than £60m in revenues in 2014, with executives saying it is close to more than offsetting revenue declines at the Daily Mail and Mail on... Continue reading at The Guardian

[ The Guardian | 2013-11-21 00:00:00 UTC ]
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Facebook Drives Massive New Surge Of Traffic To Publishers

Facebook has sent unprecedented levels of traffic to publishers across the internet in recent months, a dramatic and unexpected increase affecting a large range of sites serving a wide variety of content. According to data from the BuzzFeed Networ ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-11-21 00:00:00 UTC ]
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News Corp. Revenue Falls in Inaugural Quarter as Ads Suffer

News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Revenue fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year... Continue reading at Advertising Age

[ Advertising Age | 2013-11-12 00:00:00 UTC ]
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News Corp., Wall Street Journal owner, reports 3% lower revenue

Media mogul Rupert Murdoch's publishing company News Corp. swung to a profit in its fiscal first quarter -- its first financial reporting period as a stand-alone company -- but revenue slipped nearly 3%.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-11-12 00:00:00 UTC ]
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News Corp Reports 3 Percent Drop in Revenue in First Quarter

News Corp, the recently spun off publishing side of Rupert Murdoch’s media empire, reported that its revenue fell in the first quarter of its fiscal 2014, due to lower advertising revenue and foreign exchange fluctuations. The company re ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-11-12 00:00:00 UTC ]
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News Corp. revenue falls as ads decline

News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Sales fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year earlier,... Continue reading at Crains New York

[ Crains New York | 2013-11-12 00:00:00 UTC ]
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Damage Estimate Shows $1.54 Billion in E-book Revenue

In a filing last week, attorneys for the states and consumer class put Apple’s estimated damages for its role in an ebook price-fixing conspiracy with publishers at nearly $308 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-27 00:00:00 UTC ]
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Instagram Rolls Out In-Stream Ads As Facebook Seeks to Boost Mobile Revenue

Instagram's cautious roll-out of its in-stream ads is now underway.U.S. users who open the app in the coming week will see an "educational ad" from Instagram itself, according to a blog post. Confirmed advertisers to follow it are Adidas, Ben & Jerry's, Burberry, General Electric, Levi's,... Continue reading at Advertising Age

[ Advertising Age | 2013-10-25 00:00:00 UTC ]
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Publishers’ Revenues From Audience Extension Poised to Double in 2014

Online publishers who use audience extension expect their revenues from this practice to at least double in 2014. And, more than half of digital ad buyers (54 percent) plan to spend more on the technique in the year ahead as a substitute for ad networks to assure that their brand advertising is... Continue reading at Digiday

[ Digiday | 2013-10-25 00:00:00 UTC ]
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UBM Revenue Up Slightly in Q3

UBM posted marginal revenue gains through the third quarter after a slow first half to the year. Continue reading at Folio Magazine

[ Folio Magazine | 2013-10-23 00:00:00 UTC ]
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Polish Ebook Industry Players Eye Rapid Market Expansion

By nixing DRM and selling in the MOBI format, Poland’s ebook players are making strides forward, but the market is still fragmented. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-10-17 00:00:00 UTC ]
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Bertrams sees internet and international boost

Wholesaler Bertrams' latest financial results have seen growth from online traders, its... Continue reading at The Bookseller

[ The Bookseller | 2013-10-16 00:00:00 UTC ]
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Big Data Added $156 Billion in Revenue to Economy Last Year [Updated]

Responding to growing Washington attacks on data brokers, the Direct Marketing Association is mounting its biggest defense by unveiling a new study Monday during its annual conference in Chicago. The study quantifies how much of the economy is driven by companies that use consumer-level data to... Continue reading at AdWeek

[ AdWeek | 2013-10-14 00:00:00 UTC ]
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When The Internet Isn't Awful: What You Can Learn From The Heartbreaking, Inspiring Messages From CaringBridge

The Internet can often feel like a cesspool of bad intentions, casual cruelty, and hopeless ignorance. Which is why a social networking site like CaringBridge, which allows sick people and their families to give their communities updates on their illnesses, gives us hope for humanity. The site... Continue reading at Fast Company

[ Fast Company | 2013-10-11 00:00:00 UTC ]
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Buys That Include Sponsored Content Now 20% of Ad Revenue at Forbes

When Forbes rolled out AdVoice in 2010, the architects planned to blow up the traditional publishing-advertising model. Instead of offering companies just online banner ads, Forbes was giving advertisers the ability to publish their stories directly to the magazine's website.It was a gamble that... Continue reading at Advertising Age

[ Advertising Age | 2013-10-11 00:00:00 UTC ]
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