New social network, Chime.in

UberMedia has taken on a new from of social networking that combines Twitter, blogging and Reddit. The new website, Chime.in, has been described by UberMedia's CEO, Bill Gross, "as an interest network." Gross also says that Chime.in is different from Twitter and not designed to compete against them. The new website is distinguishing itself by tackling two problems within social networking: relevance and monetization. Instead of status updates the website has "chimes" which allow for a user to post a short article of up to 4,000 characters. Displayed within the chime is a headline, the first few sentences from the chime, your profile picture, a picture or video, interest tags, and options for liking, commenting and sharing. Threaded comments also include a Reddit-style up or downvote system for surfacing the best comments to the top of a chime. Chime.in also allows for users to choose the topic of chimes you receive from a certain person you follow. The other added feature that distinguishes itself from other social networking sites is the ability for users to gain revenue through the advertising on their profile page. Users are allowed to either sell the ad space themselves, and keep 100% of the profit, or Chime.in will sell the ads on your page and split the revenue 50-50. E! Entertainment, Universal Pictures, Bravo TV and Disney have made deals with UberMedia to participate with the launch of the website Tuesday.

Here are two articles about Chime.In:

http://mashable.com/2011/10/17/chime-in/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Mashable+%28Mashable%29

http://www.forbes.com/sites/tomiogeron/2011/10/17/ubermedias-chime-in-interest-network-says-its-different-from-twitter/