NewsAlloy’s new era
With the recent acquisition of Rojo news aggregator, future existence of another free online feeds reader NewsAlloy seems to be rather promising.
NewsAlloy is an AJAX driven online application with many clever features and rather well thought usability. These days it has about 8000 of registered users with about a thousand of so called active users. Many of them agreed that NewsAlloy has its own specific set of features that none of existing online feed readers has. Still being unstable beta service, it keeps attracting new users due to its outstanding functionality so much appreciated by savvy geeks. Consider that no massive advertisement campaign was launched yet.
NewsAlloy was started as a part-time project by talented programmer Volodymyr Danylyuk (Kiev, Ukraine) in late 2005 and is supported by MIS Choice web hosting. With a lack of financing, the project has experienced several major downtimes recently. Hopefully, a new era is coming for NewAlloy. According to concise comments of Volodymyr on NewsAlloy blog, he started actively searching for investors about two weeks ago. Even though the situation is tough for free online feed readers today, there are not that many good ones around with clever functionality, which can stand in line with monsters like Bloglines, and even overcome them on some positions. NewsAlloy is that pleasant exception. Created with passion and user benefits in mind, it will definitely attract many prospective sponsors.
Volodymyr wrote in his blog:
I believe soon we’ll close this deal with interested parties. I’m not going to shut down News Alloy, I’m proud ukrainian
and can support this project by making webstores and portals for my customers in parallel.
and finally, looks like some people with clever minds started to contact us
I assume there is a competition already behind the scene, just let’s wait for the outcome. 
As an active user of NewsAlloy, I think the overall concept and potentials which NewsAlloy has, if developed properly in the future, can make it number one among online news aggregators. So, I hope, NewsAlloy performance will improve dramatically within coming weeks and we could enjoy the hi-end web application on full throttle!