Venture Capital
The Fresco News iOS app helps users act as citizen journalists. They can receive assignments from the app, and upload videos or photos they have shot on location. The best may be selected by news organizations for use on air, online or in newspapers. And the news organizations pay citizen journalists for the right to use these. According to John H. Meyer, Fresco News CEO and founder, news media from college newspapers to local TV news stations are already using a beta version of the startup’s app. This includes an enterprise Web app called Fresco Dispatch, that allows them to specify a location and...