OLD Media Moves

New social media service targets financial news

October 16, 2008

A new social media site — think Facebook for the business media crowd — has launched that focuses on financial news.

Tip'dCalled Tip’d, the site says it’s a “community for financial news, ideas and tips.”

On the site, it states, “Tip’d got started because two businessmen, Andy and Jimmy, enjoyed discussing investing news with each other. They wondered: why wasn’t there a better casual, friendly, online place to share and discuss current financial ideas and news?

“So they started their own community to do just that. Tip’d is a place for investors — both amateur and professional — to meet, share, discuss, comment, and vote on what’s happening on both Wall Street and Main Street. We’re focused on building a smart, friendly, and open community, and we hope you join us!”

However, I checked out some of the users, and there appear to be a number of journalists who are members.

The site expects to have a “public launch” in the next three weeks.

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