TechCrunch's Jason Kincaid describes the FWix model below.
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"The basic idea behind Fwix is fairly simple: it aggregates news articles and blog posts that are relevant to a certain region (the site now features support for over 80 cities in the United States and Canada). To do this, the Fwix team selects news sources and blogs that it thinks are related to each city, and also uses automated algorithms to determine when other content might also be relevant."
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You can't turn around without seeing a company targeting the aggregation and content markets. With social networks and media converging, the ability to filter and aggregate information isn't just important to publishers, it's important for every company. The ability to cut through mountains of information is increasingly becoming a competitive advantage.
Never has the "get the right info to the right person at the right time" saying rang more true. That expertise will ultimately be one of your company's biggest assets. Hell, in some organizations is it's the only real differentiator. So pay attention to the the way news and information is being used -- and pay special attention to the companies that are innovating in the space. They could be your next competitor..or partner.
