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Fusa Capital Enters the Participatory Media Space with a Major Update to Newstowatch.com
Last update: 12:38 p.m. EDT March 11, 2008
SEATTLE, Mar 11, 2008 (BUSINESS WIRE) -- Fusa Capital Corporation (FSAC:FSAC
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FSAC, , ) , a leading innovator of multimedia search engine technologies for consumers and digital content providers, today announced its entry into the participatory media space with the release of the latest version of Newstowatch.com, a participatory breaking news discovery service.
Participatory media is one of the fastest growing market segments on the Internet led by popular participatory sites like Digg(TM), Facebook(TM), LinkedIn(TM) and StumbleUpon(TM). The next generation of Internet users is demanding software and services whose value derives from the active participation of many people.
Newstowatch.com uses a unique combination of software and community activity to discover thousands of current news stories each day. The Newstowatch software analyzes over 30,000 news sources, looking for news trends, breaking stories and popular topics. The software generates a Newstowatch Story Rank as each story is found that can change over time based on community participation. Users influence the rank and importance of news stories by simply clicking and reading them.
Over time the combination of software and community participation determines what stories appear and in what order. This combination ensures that users have access to the broadest selection of breaking news stories as found by the software, however empowers them to vote on which stories should be viewed by others in the community. Participation surfaces the best content as voted on by the community.
Additionally, new features have been added to let users contribute new stories into the Newstowatch news network making it easy for users to participate in shaping the news that gets read.
"We have spent the past several months investing in our core technology that powers all of our services. Our product and software development team have focused on adding the features that will allow us to foster growing and active communities around our products and services like Newstowatch.com and searchforvideo.com," said Jenifer Osterwalder, CEO of Fusa Capital Corp. "Our intent is to move all of our services beyond search and grow the size and vibrancy of our audience by adding social networking and participatory media facilities into our all of web properties."
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